Swedish Prosecutor Hopes to Conclude Nord Stream Enquiry by Year-end
has said its investigators raided a ship in January that may have been used to transport the explosives used to blow up the pipelines. German media reported the boat could have been used by a small Ukrainian or pro-Ukrainian group. (Reuters - Reporting by Johan Ahlander; editing by Niklas Pollard and Barbara Lewis
Canada's TMC to Seek Seabed Mining License in 2024
;s clear that trying to mine the oceans is becoming politically toxic - even more so with zero rules in place. This is bullish talk to try and force governments into rushed decisions, but it will come back to bite them."(Reuters - Reporting by David Stanway; Editing by Simon Cameron-Moore and Barbara Lewis
First UK-Germany Power Link Gets Financial Green Light
, vice-president at the EIB, which is set to contribute up to 400 million euros to the project, said: "This project is ground-breaking for the energy transition, as it makes it possible to use offshore wind energy more efficiently."(Reuters - Reporting by Bozorgmehr Sharafedin; editing by Barbara Lewis
Deep-sea Mining Tests Resume After Robot Rescued from Pacific Ocean Floor
while industry analysts have questioned the economics of technically challenging deep sea mining.GSR says it will only apply for a mining contract if the science shows that the seabed can be a responsible source of the metals needed for the clean energy transition.(Reporting by Helen Reid; editing by Barbara Lewis
ConocoPhillips Deploys 'Low-code' Tech to Boost Bottom Line
enables our IT team to deliver solutions that provide differentiated value to ConocoPhillips in select capabilities," Mike Pfister, Chief Information Officer at ConocoPhillips, said.A spokesman for Conoco did not provide further details on cost savings. (Reporting by Julia Payne; editing by Barbara Lewis
Deep Sea Mining Could Destroy Undiscovered Species, Says Ocean Panel
.The authors also recommended countries should encourage the recycling of battery metals to reduce the need to find new supplies.The Ocean Panel brings together heads of state from 14 countries, including Australia, Canada, Chile, Kenya, Japan and Norway.(Reporting by Helen Reid; editing by Barbara Lewis
Equinor-led Group Approves Northern Lights CCS Project
is also a sign that a major industrial project should go ahead in Norway, which like other European nations is trying to help its economy recover from the impact of the coronavirus and develop in a greener way.($1 = 10.2188 Norwegian crowns)(Reporting by Victoria Klesty, editing by Louise Heavens and Barbara Lewis
Equinor's $466M Floating Wind Farm Plan Approved
from the industry's NOx fund, set up to reduce emissions from ships.Equinor's partners in the two licenses are OMV, Idemitsu, Wintershall Dea, Eni's Vaar Energi, and state-owned Petoro. ($1 = 10.3103 Norwegian crowns) (Reporting by Nerijus Adomaitis; editing by Terje Solsvik and Barbara Lewis
As Oil Crisis Deepens, Hedge Funds Sense a Turnaround
will continue to weigh heavily on oil prices for many months.But the industry appears to have reached crisis point last week, with overwhelming commercial and political pressure to reduce output rapidly to prevent storage becoming full and a collapse in prices towards zero.(Reuters; editing by Barbara Lewis
February 2025
