Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels.The challenges facing the sector have exposed its initial ambitions as unrealistic.Hard-to-electrify industries that were seen as ideal candidates for green hydrogen, such as steelmaking and long-distance transportation
U.S. Defense Secretary Pete Hegseth reaffirmed the United States' unwavering commitment to its decades-old defense treaty with the Philippines during a visit to Manila on Friday, pledging to bolster the alliance with advanced military capabilities in the face of increasing tensions with China. Meeting with Philippine Defense Secretary Gilberto Teodoro and President Ferdinand Marcos Jr.
NATO chief Mark Rutte mocked Russia on Monday over the "limping" condition of one of its submarines as Russian authorities denied it had been forced to surface because of technical problems.Russia's Black Sea Fleet said the diesel-powered submarine Novorossiysk had surfaced off France to comply with navigation rules in the English Channel
Oil prices fell on Tuesday as traders thought a possible cease-fire in Russia's war with Ukraine might lead to easing or the end to sanctions on Russian crude oil, which would in turn boost global supply.Brent crude futures were down 50 cents, or 0.75%, at $66.10 a barrel at 10:38 a.m. CDT (1538 GMT). U.S.
ABB has integrated a 3.2MW fuel cell system onboard Feadship Breakthrough.The vessel was constructed by Dutch high-end yacht builder Feadship. Launched in May 2025, the privately-owned 118.8-meter yacht is among the first vessels in the world to feature multi-megawatt fuel cell technology.ABB’s scope of supply comprised the Onboard DC Grid™ power system platform and two 3.
The EU and Britain announced new sanctions against Russia on Tuesday without waiting for Washington to join them, a day after President Donald Trump's phone call with Vladimir Putin brought about neither a ceasefire in Ukraine nor fresh U.S. sanctions.London and Brussels said their new measures would zero in on Moscow's "shadow fleet" of oil tankers and financial firms that have helped it avoid
Russia has released a Greek-owned oil tanker which was detained in Russian waters on Sunday after leaving an Estonian port, and the vessel has resumed its journey towards the Dutch port of Rotterdam, Estonian public broadcaster ERR reported on Tuesday.The detention of the vessel has increased concerns over potential escalation in busy Baltic sea lanes where major oil supplies pass through
The Royal Niestern Sander shipyard in the Netherlands has ordered 2 × MAN 16V175D MEM engines (2,400 kWm/1,800 rpm) in connection with the building of an MPV (Multi-Purpose Vessel) vessel – ‘Easymax 5’ – for Dutch outfit, Wagenborg Operator.The engines will be employed as gensets for power generation aboard the purpose-built CO2 carrier, which will be employed in the offshore