DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, revealed it would be neutralizing the carbon emissions of all less-than-container load (LCL) ocean freight shipments from 1 January 2021. As informed, the CO2 compensation for all LCL shipments will be achieved by using maritime biofuels. …

Dominion Energy has just released the latest update related to the pending sale of its gas transmission and storage assets to an affiliate of Berkshire Hathaway Inc. In early July, Dominion announced the agreement to sell all of its gas transmission & storage segment assets including a 25 per cent …

Wison (Nantong) Heavy Industry Co., Ltd. recently held the groundbreaking ceremony for the LNG High-end Equipment Upgrade and Transformation Project in Nantong National High-tech Industrial Development Zone, informs the Wison Offshore & Marine (WOM). The WOM LNG High-end Equipment Upgrade and Transformation Project aims to comprehensively upgrade and transform the …

Centrica plc, a global energy and services company, has announced the signing of a long-term LNG supply deal with Shenergy Group Company Limited (Shenergy). According to the release, Centrica agreed a binding 15-year Sales and Purchase Agreement (SPA) to supply 0.5 million tonnes per annum (MTPA) of Liquefied Natural Gas …

Pieridae Energy Limited (Pieridae) has signed a services agreement with respected global engineering firm Bechtel related to Pieridae’s 2-Train Goldboro LNG Facility. Some of the key deliverables in the services agreement are: Initiating a detailed review of the scope and design of the Goldboro LNG Facility and developing a comprehensive …

Six One Commodities LLC (61C) today announced that it is expanding its power and gas business to Europe with the addition of a power team out of Berlin lead by Ingo Klause. Mr. Klause has over 20 years of experience in the CWE region for power trading. He worked for …

Australian giant Santos has welcomed the New South Wales Independent Planning Commission’s (IPC) decision to give green light to the Narrabri Gas Project. According to Santos, the company will accept the conditions proposed by the IPC and will now work with the Federal Department of Agriculture, Water and Environment as …

Oil major Shell has confirmed plans to cut between 7,000 and 9,000 jobs in a push to save up to $2.5 billion by 2022. Shell CEO Ben van Beurden; Source: Shell Reduced organisational complexity, along with other measures, is expected to deliver sustainable annual cost savings of between $2 to …

Baker Hughes has received an order from longtime partner Qatar Petroleum to supply multiple main refrigerant compressors (MRCs) for Qatar Petroleum’s North Field East (NFE) project, executed by Qatargas. The total award is part of four LNG “mega trains,” representing 33 million tons per annum (MTPA) of additional capacity. This …

After a record 70 mmtpa of new LNG capacity was sanctioned in 2019, this year and 2021 had at least as much capacity lined up for final approval – instead, there’s a famine, Wood Mackenzie said. Wood Mackenzie said last week that developers, cash-strapped by the collapse in oil and …