Canada has given the green light to a $12 billion offshore oil project proposed by Norway’s Equinor ASA, handing a major win to an industry that has grappled with slumping investment and tougher climate policy.  The government will announce the approval later...

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A cross-boundary project involving science and industry experts has landed €3.4 million (total budget €4.9M) from an EU climate action fund to accelerate the uptake of ship-based carbon capture (SBCC) by international shipping companies. The EverLoNG project led by...

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PSA International announced it has completed the acquisition of integrated supply chain logistics outfit BDP International. After receipt of approvals from regulators, PSA completed the acquisition of 100% of share in BDP from  Greenbriar Equity Group. Initially...

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Singapore’s Global Centre for Maritime Decarbonisation (GCMD) has added four new partners including its first energy companies. The new partners – bp, Chevron, the International Chamber of Shipping (ICS) and Boston Consulting Group (BCG) – were signed on during...

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Maersk is among six companies to form an international partnership to establish the first e-methanol plant in Southeast Asia. Pending the successful completion of feasibility studies this year, the partnership aims to establish a pilot e-methanol plant to convert...

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