As the current geopolitical crisis pushes energy security concerns to the forefront, S&P Global Platts, an independent energy markets information provider, forecasts that Europe will need at least 150 GW of renewable power to meet its green hydrogen goal, which is expected to assist not only in phasing out Russian fossil
Shell’s Prelude FLNG facility offshore Western Australia will have its operations disrupted until at least mid-July due to industrial action. Courtesy of Shell On 29 June, Shell informed Reuters that LNG shipments from the Prelude FLNG would be disrupted for at least two weeks due to work bans by unions
Industrial gas supplier Air Products and refinery Gunvor Petroleum Rotterdam (GPR), a subsidiary of Gunvor Group, have signed a joint development agreement for an import terminal in Rotterdam. Courtesy of the Port of Rotterdam As explained, the agreement responds to the accelerating demand for green energy sources to meet climate
Belgian LNG terminal operator Fluxys and Norwegian energy giant Equinor have agreed to develop a major carbon capture and storage (CCS) infrastructure project connecting Belgium to Norway. Grete Tveit, Equinor’s senior vice president for Low Carbon Solutions, and Pascal De Buck, CEO Fluxys; Courtesy of Equinor The project is to
[email protected] Shipping AB, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has ordered an additional electric hybrid vessel from Chowgule and Company Private Limited shipyard in India. To remind, [email protected] Shipping previously ordered six identical electric hybrid vessels from the Indian shipyard in September 2021. Now, the shipping company has decided
Singapore-based bunkering services provider TotalEnergies Marine Fuels and Japanese shipping company Mitsui O.S.K. Line (MOL) have completed the first biofuel bunker operation for a vehicle carrier in Singapore. Image Courtesy: MOL/TotalEnergies Marine Fuels The local operation was made possible with support from the Maritime and Port Authority of Singapore (MPA).
U.S. energy and infrastructure investor EIG has appointed a new chief executive officer (CEO) of its LNG company MidOcean Energy. Illustration; Courtesy of EIG On 28 June, EIG announced that De la Rey Venter joined the firm as CEO of MidOcean Energy and as a managing director of EIG. MidOcean
Dutch fuel supplier to the marine industry Titan has delivered around 350 tonnes of LNG to Van Oord’s trailing suction hopper dredger (TSHD) Vox Ariane. Courtesy of Titan Titan said in a social media post it successfully delivered LNG to the dredger at the Greenport Terminal in Eemshaven, Rotterdam. The delivery
The Netherlands Authority for Consumers and Markets (ACM) has given approval to competitors Shell and TotalEnergies to collaborate on CO2 storage in empty natural-gas fields in the North Sea. Shell and TotalEnergies plan to store CO2 on a large scale as part of the Aramis project, collaborating with the government,
Running ships entirely on green hydrogen-based fuels (e-fuels) would add less than €0.10 to the price of a pair of trainers and up to €8 for a refrigerator, a new study on the cost of decarbonising European shipping shows. Source: T&E This briefing assesses the likely cost increase in seaborne
Japanese company Mitsubishi Heavy Industries (MHI) has invested in Electric Hydrogen (EH2), a clean hydrogen startup from the U.S, to support its efforts in developing clean hydrogen. Illustration; Courtesy of Business Wire Through this investment, MHI said it wants to strengthen and diversify its hydrogen value chain, advance its energy
The Council of the European Union has adopted its negotiating positions on two legislative proposals that tackle the energy aspects of the EU’s climate transition under the ‘Fit for 55’ package: the renewable energies directive and the energy efficiency directive. Today, EU ministers agreed on new 2030 targets which will: