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Singapore has been ranked as the top global shipping centre for the eighth year running, a new report found. As explained, Singapore has been rated as the top location due to the size of its port, number of internationally-focused shipbrokers, financiers, lawyers and insurers based there and its supportive government …

Shell will join a project in Norway to produce hydrogen from natural gas while capturing the emissions, Aker Clean Hydrogen (ACH) said on Monday. Countries across Europe are looking at ways to produce emissions-free hydrogen to help reduce carbon emissions and avert global warming. Clean hydrogen can be produced from …

A trial program focused on domestically made Natural Gas Hydrate (NGH) exploration equipment has been completed in the South China Sea, Global Times learned from China National Offshore Oil Corporation (CNOOC) on Monday, marking a forward step in China’s NGH detection and exploration development. CNOOC said the trial program had …

Norway’s state-controlled energy company Equinor is confident there is a long-term role for hydrogen produced from fossil fuels with carbon capture and storage, the company’s senior vice president for low-carbon solutions Grete Tveit told S&P Global Platts. The development of “blue” hydrogen from fossil fuels with CCS would pave the …

The Biden administration is preparing to release a blueprint for limiting sales of U.S. drilling rights that falls short of the outright ban sought by some environmentalists, as rising oil and gasoline prices highlight the risks of curtailing domestic crude production. A draft of the leasing report has already been …

Petropars says gas recovery from the Iranian side of the world’s largest gas field has reached 1.8 tcm. The Iranian giant company Petropars said in a statement Sunday that natural gas recovery from the South Pars gas filed had reached a total of 1.8 trillion cubic meters since production started …

The European Union is set to take the lead in climate policy action among the world’s biggest greenhouse gas emitters this week, with a raft of ambitious plans designed to cut emissions drastically over the next decade. The policies, if approved, would put the bloc – the world’s third-largest economy …

India can’t prioritize eliminating greenhouse gas emissions without sufficient financing from richer nations to help offset the high cost of transitioning to clean energy, according to a senior government official. In laying out its position ahead of key global climate talks later this year, the top bureaucrat in India’s environment …

Managing Director of Iranian Offshore Oil Company (IOOC) Alireza Salmanzadeh announced on Sunday that drilling and repairing of oil wells have started at Forouzan joint oilfield with the purpose of increasing oil extraction. Salmanzadeh made the remarks after the completion of the installation project of the giant offshore rigs. “Installation …

Construction works under the Nord Stream 2 gas pipeline project may be finished already in August, Matthias Warnig, managing director of Nord Stream 2 AG, the project operator, said in an interview with the Handelsblatt newspaper on Sunday. “We believe that construction works will be over by the end of …