Australian oil and gas industry safety regulator NOPSEMA has ordered Shell to keep the giant Prelude FLNG facility off W. Australia shut until it can convince the regulator that it can keep the facility properly powered and that the safety systems are operational.The order comes after production from the floating facility was shut earlier this month after a sudden loss of power
World leaders attending COP26 climate talks from the end of the month must ratchet up pressure to make shipping decarbonize by 2050, a senior industry official involved in the meeting said.Shipping, which transports about 90% of world trade, accounts for nearly 3% of the world's CO2 emissions.U.N.
India's Adani Group is preparing to ship the first coal cargo from Australia's most controversial mine, after battling a seven-year campaign by climate activists and defying a global push away from fossil fuels.The Carmichael mine in outback Queensland state is likely to be the last new thermal coal mine to be built in Australia, the world's biggest coal exporter
President Joe Biden signed into law a $1 trillion infrastructure bill at a White House ceremony on Monday that drew Democrats and Republicans who pushed the legislation through a deeply divided U.S. Congress.The measure is designed to create jobs across the country by dispersing billions of dollars to state and local governments to fix crumbling bridges and roads
Cruise operator Royal Caribbean Group said on Friday the lightning spread of the Omicron coronavirus variant would delay its return to profitability by a few months, another blow for one of the companies worst affected by the pandemic.The bleak prediction, as well as a larger-than-expected quarterly loss
Prysmian Group entered into a Limited Notice to Proceed (LNTP) for the supply of power cables in the context of a landmark HVDC submarine cable project in the Middle East, worth around $252m. The LNTP was awarded to Prysmian by Samsung C&T as part of its EPC consortium with Jan De Nul Group.
President Joe Biden named former New Orleans Mayor Mitch Landrieu to oversee implementation of the $1 trillion infrastructure plan, the White House said on Sunday.Landrieu, also a Democratic former Louisiana lieutenant governor, led New Orleans from 2010 to 2018. He played a key role in helping the city rebound from the devastating Hurricane Katrina in 2005.
Ingram Marine Group held a re-christening ceremony on August 30 for four towboats that are part of its inland waterways fleet."At Ingram, we name our vessels after Ingram associates and affiliates who have made a huge difference to our business, which makes these events an incredibly special time for all of us," said Orrin Ingram, Chairman of Ingram Barge Company and CEO of Ingram Industries.