Saudi Aramco has signed $90 billion in agreements with U.S. firms across LNG, AI, and finance, signaling a major shift beyond oil into tech and lower-carbon energy solutions. The deals highlight Aramco’s strategy to diversify its portfolio while American companies reap the benefits.
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Dredging vessels account for 20% of the Dutch Ministry of Infrastructure and Waterways CO2 emissions, but the worlds first liquid hydrogen-powered dredger, the LEAF-Hopper, aims to turn these polluters into climate pioneers. With operational costs still higher than diesel, the success of this experiment hinges on both technical feasibility and political will.
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Atargis Energys Cycloidal Wave Energy Converter (CycWEC) has achieved a breakthrough with a 1:15-scale prototype delivering 150 W, hinting at a full-scale output of 1.96 MWthe highest ever claimed for wave energy. The system uses lift-based hydrofoils and a real-time algorithm to maximize efficiency while avoiding storm damage, potentially revolutionizing wave energy.
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The shipping industry is embracing rotor sails as a key decarbonization tool, with Anemoi, Hafnia, and GSI collaborating to retrofit MR tankers, potentially cutting fuel use by 30% on select routes. This initiative combines wind-assisted propulsion with methanol-fueled vessels to address both fuel sourcing and consumption challenges.
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The UKs North Sea Transition Authority is inviting proposals for CO2 storage sites beneath the North Sea, with potential to lock away 78 gigatonnes in depleted reservoirs and saline aquifers. Companies must submit project details by July 31, 2025, as the UK shifts from fossil fuel extraction to carbon sequestration.
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