Aker Carbon Capture wins a carbon capture project in Denmark, in partnership with Ørsted and Microsoft. This collaboration marks a significant step forward in the realization of a complete large-scale carbon capture and storage value chain.
Golden Victory Vietnam Co, Ltd. partners with TotalEnergies ENEOS to install a state-of-the-art solar photovoltaic system. The system, consisting of 7,900 modules, will produce approximately 5,200 megawatt hours of renewable electricity each year.
Iraq’s oil minister says there will be no further OPEC+ oil production cuts at its next meeting in June. The decisions taken at this meeting will play a crucial role in the future of the oil market.
Denmark takes a major step forward in the management of captured CO2 with the construction of its first large-scale facility in Aalborg. The Port of Aalborg and Fidelis New Energy unveil ambitious plans to process up to four million tons of CO2 per year, contributing to the country’s emission reduction.
Oneok acquires Magellan Midstream Partners, creating a combined sustainable fuels and hydrogen transportation company in the U.S. with an expanded market presence. The agreement, subject to regulatory approval, is expected to close in the third quarter.
Pattern Energy Group LP (Pattern Energy) has signed long-term power purchase agreements with Shell Energy North America (US), L.P. and the University of California for its SunZia wind project. With over 3,500 MW of capacity, SunZia is the largest wind project in the Western Hemisphere.
Wind turbines in the North Sea were stopped for a few hours to protect migratory birds, a world first claimed by the Netherlands. Wind farm owners will be required to reduce the speed of wind turbines during nighttime peaks to ensure the safety of birds.
A significant step forward in the field of hydrogen road transport in Europe is taking shape with the creation of the first liquid hydrogen refueling station for trucks. Air Products and Aers Energy België have joined forces to develop this innovative installation in the port of Zeebrugge.
Cyprus and Israel are discussing a pipeline linking their gas fields, but Cyprus’ energy minister is suggesting a maritime corridor for the transport of liquefied gas instead, stressing the importance of natural gas supply and the search for efficient alternatives.
he European Union is moving closer to its groundbreaking renewable energy target with a new plan to reach 42.5% of energy from renewable sources by 2030, enhancing energy security and the fight against climate change, while fostering a strong green industry across Europe. This pending legislation marks a major step forward for the EU and demonstrates its commitment to a more sustainable and prosperous future.
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