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'We are all aware of the human and economic cost of war, but ... there is also price to pay for the climate,' Xeneta said.

'Rates have not hit anywhere near the levels we saw during Covid-19, but the sudden nature of the Red Sea crisis has seen a more rapid increase in rates'.

China's President Xi Jinping called for greater efforts to curb carbon dioxide emissions.

Since launching its Offshore Bird Portal in January, Xodus has signed up 51 platforms.

Xodus has established a new office in Melbourne to support the energy transition across the east coast of Australia.

Xodus has established a new Contaminant Advisory Group to help tackle the decommissioning regulatory challenges facing operators in Australia.

Northern Lights and Yara have agreed to transport and store CO2 captured from Yara Sluiskil, an ammonia and fertilizer plant in the Netherlands.

Treasury Secretary Janet Yellen said the recent increase in oil prices is unwanted, but they should stabilize in time.

Treasury Secretary Janet Yellen said the U.S. is preparing to crack down on evasion of the Group of Seven's price cap on Russian oil.

HSA Group's contribution is the first committed by a private sector organization.