bp today launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery. Led by bp, this public-private collaborative initiative is intended to be based around the phased development of up to 2GW of electrolysis capacity by 2030 for producing green hydrogen...
Baker Hughes has been awarded a major contract to provide subsea equipment and services by Azule Energy for work in the Agogo oilfield, offshore Angola. This award represents the first major new greenfield project awarded in offshore Angola in more than five years. The scope...
Neste, Airbus, Safran Engines and Microflite, a leading Australian helicopter operator, have jointly operated Australia’s first helicopter flights using sustainable aviation fuel (SAF). On this demonstration flight, an Airbus H130 helicopter powered by a Safran Arriel 2D engine used blended sustainable aviation fuel (SAF) supplied...
Dana Incorporated announced today that the Science Based Target initiative (SBTi) has validated the company's climate commitments, including reducing Scope 1 and 2 greenhouse gas (GHG) emissions by more than 50 percent and Scope 3 GHG emissions by more than 25 percent before 2030. The SBTi...
Golar LNG Limited reports 2022 annual net income attributable to Golar of $788 million, record total book value of equity of $2.9 billion and Total Golar Cash1 of $991 million, inclusive of $112 million of restricted cash. Q4 2022 ("Q4" or "the quarter") net income of...
At its annual investor meeting today, Chevron Corporation (NYSE: CVX) reported on its progress to leverage its strengths to safely deliver lower carbon energy to a growing world. “Chevron intends to be a leader in both traditional and new energy businesses,” said Mike Wirth, chairman and CEO. “We’re growing...
Castrol, a global leader in lubricants, part of the bp group, today unveils its refreshed brand, including an updated look and feel. The brand refresh is aimed at better reflecting its unique positioning in the market and the opportunities it sees in meeting the changing...
Secure “Virtual Power Plant (VPP)” system to deliver sustainable, efficient, green electrons to power-hungry, multi-vendor network equipment. BARCELONA, Spain--(BUSINESS WIRE)--#mwc2023--Mobile World Congress—Intertrust, the world’s leading trusted di...
HANAU, Germany--(BUSINESS WIRE)--#FusionEnergy--Gauss Fusion GmbH is a greentech venture founded in 2022 by various European companies from Germany, France, Italy and Spain with extensive experience in fusion technology. In February 2023, Gauss Fusion ...
Automobili Lamborghini’s Polo Storico of started its celebrations of Automobili Lamborghini’s 60th anniversary by taking part in THE ICE motoring event and international concours d’elegance in the beautiful setting of the St. Moritz frozen lake. The Polo Storico-certified one-off Miura P400 S “Millechiodi” participated in...
Subsea 7 S.A. today announced the award of a large1 contract by Azule Energy in the framework of the Agogo Integrated West Hub Development Project, offshore Angola.The contract scope includes the transport and installation of approximately 98 kilometres of flexible pipes, 30 kilometres of umbilicals...
Neste and ILLIG have entered into a strategic partnership to advance the use of more sustainable solutions in the production of thermoformed plastic packaging through demonstration cases. Such cases aim to verify the drop-in nature of renewable and recycled materials for demanding applications – by...