Cryopeak and Sumitomo Corporation have joined forces to develop a liquefied natural gas (LNG) bunker-fuels supply chain in North America. Illustration only (Courtesy of Port of Vancouver) More specifically, Cryopeak LNG Solutions Corporation, a Richmond BC based portfolio company of BP Energy Partners, and Sumitomo aim to develop the supply
Energy transition could force majors to sell or swap $100B in oil and gas assets
Japan’s Hokkaido Electric gets first US LNG shipment
Japan’s Hokkaido Electric Power said it has received its first US LNG cargo at the Ishikari regasification terminal, widening fuel sources for the adjacent power plant. Image: Hokkaido Electric Power The 177,000-cbm Shinshu Maru, owned by a venture of Jera and NYK, delivered the cargo from the Freeport terminal in
Stena to use large ‘powerbanks’ in charging stations at ports
Image courtesy: Stena Swedish Stena Group is developing a solution to use recycled batteries in charging stations at ports. The project is targeting the development of a new type of energy storage, similar to very large powerbanks, which will be essential for the quick charging of electric ferries in the
Ichthys hits 200 LNG cargoes mark
The Inpex-led Ichthys liquefied natural gas project near Darwin, Northern Territory, Australia. Courtesy of Inpex In a brief social media statement, Inpex noted the Energy Advance LNG tanker departed the facility on Sunday, September 20. The tanker left Ichthys LNG onshore facilities with the 200th cargo. Inpex added that the
Venture Global LNG shuffles management
U.S. LNG export project developer Venture Global LNG has unveiled changes in the company’s corporate governance. Courtesy of Venture Global LNG Michael Sabel will assume the role of CEO of the company starting October 1, 2020. Robert Pender will continue to serve the company as Executive Co-Chairman, a new officer
India’s August LNG imports rise
India has upped the liquefied natural gas (LNG) imports during the month of August. Courtesy of Petronet LNG The oil ministry’s Petroleum Planning and Analysis Cell notes that LNG imports reached 2.97 billion cubic meters in August. This is an increase over the 2.82 billion cubic meters of LNG imported
BP to begin Ironbark drilling in late October
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has provided final approvals to BP for drilling of the Ironbark-1 well. Cue Energy, one of the partners in the WA-359-P permit where Ironbark is located, said that BP – as the operator of the permit – was making final
CMA CGM takes delivery of world’s largest LNG-powered vessel
French shipping group CMA CGM has taken the delivery of its first 23,000 TEU containership, the world’s largest LNG-powered vessel, in China. Image: Hudong-Zhonghua Shipbuilding China State Shipbuilding Corporation’s Hudong-Zhonghua hosted the delivery ceremony on Tuesday at its Shanghai Jiangnan-Changxing Shipyard. The vessels’ official naming ceremony will also take place
Keppel secures FSRU conversion job
Singapore’s Keppel Offshore & Marine has secured a couple of contracts worth $200 million, including its fifth FSRU conversion. Keppel OM Tuas Shipyard aerial view; Courtesy of Keppel The deals have been secured through its two units, Keppel Shipyard and Keppel AmFELS. Keppel Shipyard has signed a deal with FSRU