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QatarEnergy to acquire stake in ExxonMobil’s offshore block in Egypt

This post was originally published on this site QatarEnergy has agreed to purchase a 40% stake in an exploration block, offshore Egypt, from American energy major ExxonMobil. According to the deal, QatarEnergy will purchase the interest in the contractor’s share in the North Marakia offshore block. The block is located approximately five miles offshore Egypt’s

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CMA CGM, Maersk, others join initiative for net-zero end-to-end logistics

This post was originally published on this siteA consortium comprising more than 25 global companies and organisations is developing new guidance to quantify the impact of greenhouse gas (GHG) logistics emissions in an effort to increase the transparency of carbon emissions and work towards a net-zero logistics sector. The post CMA CGM, Maersk, others join

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World’s banks spent $742bn on fossil fuel expansion in 2021

This post was originally published on this site A new report has found that the world’s banks channelled $742bn into fossil fuel expansion projects in 2021, despite various climate commitments announced by global lenders.   The report, conducted by a coalition of environmental groups, led by the Rainforest Action Network (RAN), is said to be the

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Shaver Transportation fleet to comply with Green Marine standards

This post was originally published on this siteShaver Transportation has become the first tug and barge operator on the U.S. West Coast and Columbia Snake River System to participate in Green Marine, a voluntary environmental certification program for North America’s maritime industry. The post Shaver Transportation fleet to comply with Green Marine standards appeared first

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Aker Clean Hydrogen and Aker Horizons to merge and strengthen H2 production

This post was originally published on this siteAker Clean Hydrogen and Aker Horizons will merge to strengthen the integration of hydrogen production with downstream applications in large-scale hybrid decarbonisation projects. The post Aker Clean Hydrogen and Aker Horizons to merge and strengthen H2 production appeared first on Offshore Energy.

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