Tag: energy transition

Singapore plans to invest additional SGD129m in low-carbon energy research in 2022, in order to support vital enablers of Singapore energy transition.

The global energy crisis triggered by Russia’s invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sustainable and secure energy system, according to the latest edition of the IEA’s World Energy Outlook.

Saudi Aramco announced the creation of a $1.5 billion Sustainability Fund to invest in technology that can support a stable and inclusive energy transition.

DNV announced three parallel joint industry projects (JIPs) to develop the existing KFX software, which simulates gas dispersion, fire and explosions, to increase safety in the deployment of energy transition solutions.

A turbulent economic and political climate has made green investments more challenging but also more urgent than ever, delegates to GreenPort Congress 2022 heard on day one.

The heightened focus on energy security and the rising cost of energy is reinforcing the difference in decarbonization speed between Europe and the rest of the world, according to the sixth edition of DNV’s Energy Transition Outlook.

The Lloyd’s Register Maritime Decarbonisation Hub welcomes a new partner, PSA Corporation Ltd (PSA),  to ‘The Silk Alliance’, a cross supply-chain maritime partnership dedicated to the development of a fleet-specific fuel transition strategy for container ships operating in Singapore and the wider Asia region, based on the Hub’s First Movers Framework.

During SMM 2022 in Hamburg, Kongsberg Digital and Shell Marine signed an MoU to strengthen their service offerings to the maritime industry by developing joint solutions, enhancing their service portfolios, and identifying pilot projects to test their combined capabilities.

High-ranking representatives of duisport and Port of Antwerp-Bruges signed a long-term cooperation agreement  in the areas of energy transition, rail and hinterland connections, and port infrastructure.

The CMA CGM Group announced that it is creating a Special Fund for Energies, backed by a five-year, USD 1.5 billion budget, to accelerate its energy transition and achieve net-zero carbon by 2050.