The findings of a report, which Greenpeace describes as a ‘historic win for climate justice,’ indicate that there are legal grounds to hold fossil fuel companies accountable for the harm their actions have historically brought forth to the environment due to investments in new fossil fuel projects, creating roadblocks and
The BP-led Greater Tortue Ahmeyim LNG project on the maritime border of Mauritania and Senegal is 75 per cent complete, according to the project shareholder Kosmos Energy. Courtesy of BP U.S.-based oil and gas company Kosmos Energy revelaed its ts financial and operating results for the first quarter of 2022.
Japanese shipping company Mitsui O.S.K. Lines (MOL) has reached an agreement with compatriot Nihon Shipyard and Shin Kurushima Dockyard for the construction of four 7,000-unit capacity car carriers that will use environment-friendly liquefied natural gas (LNG) as their main fuel. The newly ordered ships are scheduled for delivery in succession,
Norwegian chemical company Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the Oslo Stock Exchange. Courtesy of Yara As explained, the evaluation of a potential future listing is focused on attracting minority investors and reflects Yara’s strategic ambition to enable
North American energy companies Enbridge and Humble Midstream will jointly develop a low-carbon hydrogen and ammonia production and export facility near Corpus Christi, Texas. Courtesy of Enbridge Enbridge and Humble plan to develop a utility-scale ultra-low carbon production facility, capable of supplying both low-carbon hydrogen and ammonia. The facility will
French ship-owning company France LNG Shipping has signed another long-term charter contract for a new LNG carrier with EDF LNG Shipping, a subsidiary of Electricité de France. Illustration only; Courtesy of NYK South Korean shipyard Hyundai Samho Heavy Industries will deliver the new LNG carrier in 2025. According to this
Texas-based petroleum firm Buckeye Partners will buy Bear Head Energy, which owns an LNG and clean energy development project in Nova Scotia, Canada. Illustration only; Courtesy of Buckeye Partners Therefore, Buckeye Partners, a wholly-owned investment of the IFM Global Infrastructure Fund, has entered into a definitive agreement to acquire Bear
Germany-based logistics provider DB Schenker has revealed plans to operate a zero-emission coastal container feeder vessel between Ikornnes quay and the Port of Ålesund in Norway. Courtesy of Naval Dynamics AS The fully electric vessel includes a “unique design”, making the vessel first of its kind in the world, according
Norwegian HAV Group ASA has received preliminary approval for a hydrogen-based energy system for ships developed within the FreeCO2ast project, making a step forward in the commercial use of hydrogen fuel by a commercial vessel. The Norwegian Maritime Authority has issued a statement of preliminary assessment for the technology developed
Chinese shipbuilder Hudong Zhonghua has ordered the tank design for four new LNG carriers it is building for Japan’s MOL from the French LNG containment specialist GTT. Courtesy of Hudong-Zhonghua Shipbuilding GTT says that in April it received an order from its partner the Chinese shipyard Hudong Zhonghua, a subsidiary
