Environment News


Shipping, Energy Tax Could Help Foot $1T to Combat Climate Change - COP29

Nov 19, 2024

The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming. Some see new taxes as one way to get there.  The Global Solidarity Levies Task Force (GSLT)…

New Joint Industry Project Sets Sights of Nature Friendly Offshore Wind Farms

Nov 19, 2024

Specialist offshore wind engineering consultancy Wood Thilsted has signed a memorandum of understanding (MoU) with multiple industry and research institutions to jointly advance nature inclusivity in offshore wind farm designs.The joint industry…

Decarbonization Offshore O&G: Navigating the Path Forward

Apr 25, 2024

In recent years, the oil and gas industry has faced mounting pressure to address its environmental impact. This has led many companies to set decarbonization targets – we are tracking more than 460 targets set by independents, majors, and NOCs across the sector…

Leaky Platforms: Pemex Knocked for Delayed Repairs, "Vast" Methane Leaks

Mar 22, 2024

Pemex reportedly put off urgent repairs and maintenance at an important offshore platform for months, resulting in methane spewing into the atmosphere, according to internal documents and three sources familiar with the infrastructure.New data…

Salamander Floating Wind Project Embarks on Marine Environment Study

Mar 05, 2024

Salamander, a joint venture between Ørsted, Simply Blue Group and Subsea7, has partnered with two Scottish universities to investigate any potential impact of floating windfarms on marine ecosystems.The PREDICT 2.0 initiative forms part of a…

ExxonMobil’s Prosperity FPSO Achieves Background Flare in 39 Days

Jan 12, 2024

ExxonMobil Guyana has unveiled that the Prosperity floating production storage and offloading (FPSO) unit, used in the Payara project, achieved background flare in 39 days, ahead of the 60-day target.Achieved ahead of schedule outlined in the project’s environmental permit…

Australian Government Rejects Plan for Offshore Wind Terminal

Jan 08, 2024

The Australian Department of Climate Change, Energy, the Environment and Water has designated preliminary plans for a Victorian Renewable Energy Terminal as “clearly unacceptable.”The plans were submitted by the Port of Hastings Corporation in October 2023…

Brazil Agency Recommends Barring Petrobras from Drilling in Amazon's Mouth

Apr 30, 2023

Brazilian environmental agency Ibama has recommended the rejection of state-run oil firm Petrobras's request to drill a well in the mouth of the Amazon River Basin, documents seen by Reuters showed on Friday.Signed last week by several environmental analysts from Ibama…

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