OMV to pilot second-gen biofuels production
Vienna-based international oil, gas, and chemicals company OMV plans to build a pilot plant at its Schwechat refinery to produce second-generation biofuels to reduce carbon emissions. Courtesy of OMV AG The ‘Glycerin2Propanol’ pilot plant will be built beside the ReOil® plant. Its construction will start in the second quarter of
Shell boosts LNG bunkering network
Global energy giant Shell marked another milestone for its liquefied natural gas (LNG) marine fuels business with the charter of a new LNG bunkering supply vessel being constructed in Spain. Courtesy of Shell The company noted in its statement that the new charter will add further flexibility to customers on
Baltic Exchange adds new LNG-powered vessel indices
The London-based maritime industry information provider Baltic Exchange put into operation a new set of independent indices for the LNG seaborne trade. Courtesy of Baltic Exchange They are based on the carriers burning LNG, rather than marine fuel oil or marine gas oil, as their primary fuel, and are published
GTT pens six LNG tanks deal with China’s BGG
French liquefied natural gas containment specialist GTT has been contracted by Beijing Gas Group (BGG) for the construction of up to six LNG tanks at the Tianjin Nangang terminal. Courtesy of GTT GTT said on Wednesday the agreement covers the collaboration for the second and third phases of the terminal
ExxonMobil curbs spending plans, reveals path to lower-carbon future
Oil major ExxonMobil has revealed its capital spending in 2021 will be in the range of $16 billion to $19 billion as well as its plans to focus on developing technologies to reduce emissions, especially carbon capture and storage technology, and eliminate routine flaring by 2030. ExxonMobil’s 2021-2025 capital program
Baleària LNG-powered fast ferry starts sea trials
Spanish ferry operator Baleària said its LNG-fueled fast-ferry Eleanor Roosevelt has kicked off sea trials. Courtesy of Baleària The construction of the vessel, being completed at the Armon shipyard in Gijón has entered the final phase. One of the purposes of the sea trials is to calibrate the propulsion and
Mitsui invests in Acorn carbon capture and storage project
Japan’s Mitsui has invested in Storegga Geotechnologies, the lead developer of the Acorn carbon capture and storage (CCS) project off the UK. Mitsui said on Tuesday that it took a 15.4 per cent share in Storegga Geotechnologies which is developing the Acorn CCS project to inject and store CO2 emissions
Holland Shipyards bags hydrogen retrofit for FPS
Dutch marine transportation services provider Future Proof Shipping has agreed to retrofit its inland vessel, Maas, to a zero-emissions hydrogen propulsion system. Courtesy of Future Proof Shipping Following months of energy profiling, the 110-metre inland container vessel will be retrofitted at the Holland Shipyards Group’s yard in Hardinxveld throughout the
Fluxys joins Hanseatic Energy Hub’s Stade LNG project
Gas infrastructure company Fluxys has agreed with Hanseatic Energy Hub to join the LNG terminal project in Stade near Hamburg as an industrial partner. Courtesy of Hanseatic Energy Hub Closing of the agreement is expected upon completion of the default merger clearance procedure with the competent authorities, FLuxys said in