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Seven countries to receive $1bn towards industrial decarbonisation

Brazil, Egypt, Mexico, Namibia, South Africa, Turkey, and Uzbekistan have been selected for the Climate Investment Funds’ (CIF) first industrial decarbonisation initiative. The multilateral programme is dedicated to reducing industrial greenhouse gas (GHG) emissions in developing countries and boosting their economic competitiveness, with the value of green industrial goods projected to reach $2 trillion by 2030. The seven countries will collaborate with multilateral development banks and private sector partners to develop investment plans, which will be submitted to CIF’s governing board for endorsement. They will then gain access to highly concessional funding to scale up clean and circular technologies, such as green hydrogen, waste heat recovery, and low-carbon materials (steel, aluminium, and cement) that are critical to the global energy transition. … to continue reading this article and more, please login, register for free, or… Read More »Seven countries to receive $1bn towards industrial decarbonisation

‘Largest’ drone quest puts emission monitoring into gear across 33 North Sea oil & gas assets

Two players, Cyberhawk and Explicit, have started the ball rolling on an offshore drone campaign for emissions measurement in the Norwegian sector of the North Sea, which is being undertaken on 33 offshore platforms operated by Equinor, Norway’s energy giant. The post ‘Largest’ drone quest puts emission monitoring into gear across 33 North Sea oil & gas assets appeared first on Offshore Energy.

Singaporean firm rolls out hydrogen fuel cell solution for maritime sector

Singapore-headquartered clean energy solutions provider Proteus Energy has launched a modular hydrogen fuel-based system for ports and vessels, the Proteus Maritime Fuel Cell Solution. The post Singaporean firm rolls out hydrogen fuel cell solution for maritime sector appeared first on Offshore Energy.

Air Products scraps Immingham green hydrogen project in UK | Air Products News

Air Products has scrapped plans to build a large-scale green hydrogen import and production project in the Port of Immingham, UK, blaming a “lack of commitment” by ministers, according to reports. The Immingham Green Energy Terminal, developed with Associated British Ports (ABP), was set to import green hydrogen from Air Products’ 2.2GW Neom project, and produce its own volumes from a 300MW plant. Air Products suggested that the new plant would create 1,400 jobs and over £4.5bn in economic value in the Humber region. The UK Department for Transport approved the plans earlier this year; however, now the US industrial gas major claims that ministers have not offered enough support for the development. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly… Read More »Air Products scraps Immingham green hydrogen project in UK | Air Products News

More time for UK operator to breathe life into two North Sea oil discoveries

Orcadian Energy has received a license extension, which enables it to pursue the development of two oil discoveries in the North Sea that are planned to be developed in tandem using a pair of wellhead platforms tied back to a floating production, storage, and offloading (FPSO) vessel envisioned to be deployed at another project under development on the UK Continental Shelf (UKCS). The post More time for UK operator to breathe life into two North Sea oil discoveries appeared first on Offshore Energy.