Sea trade is under massive pressure to change as the global population of 61,000 ships collectively weighing in at over 2.1 billion tons deadweight is responsible for over 3% of current CO2 emissions and still rising.
Norwegian shipbuilding group Vard has secured a contract to design and build a hybrid-fuelled service operation vessel (SOV) for Singapore-based offshore wind vessel owner Cyan Renewables.
Remarkable strides are being made in the world of batteries with super-fast charging and large solid-state units at the threshold of commercial reality.
Hydrogen can already be a profitable and competitive alternative to petrol and diesel fuels, at least in world energy capital Houston, researchers claim.
Shell (LON: SHEL) will increase its dividend per share by 15% in the second quarter of the year and reduce spending elsewhere as part of CEO Wael Sawan’s Capital Markets Day pitch in New York.
New research has set out how the UK could rapidly accelerate net zero technologies and cut costs in the “critical” years ahead to capture global economic opportunities.
The energy transition is seen as marking a shift away from the “bad old” habits of the fossil fuel industry, but accessing the strategic resources pose their own often-overlooked problems.
Thai oil and gas group PTT has signed a joint venture deal with leading electronics producer Foxconn to make electric vehicles (EVs) as Thailand aims to become the region's top manufacturer and exporter of EVs. The move underscores the state-backed energy company's desire to diversify away from the traditional oil and gas business, which may have slower growth potential in the long run.
Thurso-based battery maker AMTE Power is taking part in a £9.7 million research project to boost charging speeds of electric and hydrogen-powered BMWs.
A group of university students have unveiled their vision for a hydrogen-electric powered “car of the future” as part of this year’s Shell Eco-marathon competition.
The UK has grand hopes to extend its links with Africa, particularly in the renewable space where there is clear scope for facilitating investments and supporting increased generation.
Proterra Inc., which makes electric buses and batteries, agreed to go public through a merger with special purpose acquisition company ArcLight Clean Transition Corp.