Korean steel company Posco received a cargo of 64,000 tons of carbon-neutral LNG cargo from Germany’s gas supplier RWE. Courtesy of Posco Posco bought carbon offset cargo via its Singapore unit to strengthen its environmental, social and governance (ESG) profile. The cargo was delivered to the Gwangyang Terminal, South Korea
Japanese engine manufacturer Yanmar Holdings and its subsidiary Yanmar Power Technology have conducted a field demonstration test for the maritime fuel cell system on 24 March 2021 in Oita, Japan. Demonstration test boat with maritime fuel cell system. Photo: Yanmar Yanmar has developed a maritime fuel cell system that incorporates
Norwegian engineering and equipment development company TECO 2030 ASA said it has completed the feasibility and concept study for marine fuel cells together with its Austrian partner AVL List GmbH. As informed, the company is now moving over to the next phase of maritime fuel cell development, in line with
Technip Energies and NIPIGAS, a Russian EPC company have joined forces to create NOVA ENERGIES with the energy transition journey in Russia. Courtesy of NIPIGAS The two companies signed heads of terms agreement defining the path forward. This new joint venture will provide a wide range of expertise, including engineering
U.S. LNG project developer NextDecade Corporation has teamed up with Oxy Low Carbon Ventures (OLCV), for the offtake and permanent geologic storage of CO2 captured from the planned Rio Grande LNG project in the Port of Brownsville, Texas. Courtesy of NextDecade Earlier this month, NextDecade established the NEXT Carbon Solutions,
Italian oil and gas company Eni and Algerian state energy firm Sonatrach have signed a series of agreements in the upstream, research and development and decarbonisation sectors. Courtesy of Sonatrach The first of the agreements signed between Eni and Sonatrach is for the implementation of a program for the relaunch
According to weekly data from the Energy Information Administration (EIA), LNG exports from the U.S. increased this week, while Henry Hub prices dipped. Courtesy of Cheniere For the period between 18 and 24 March, in its latest Short-Term Energy Outlook, EIA reports that the Henry Hub spot price fell from
This embedded content is only visible after accepting cookies. Change your preferences [embedded content] Kawasaki Heavy Industries is taking its Kobe LH2 Terminal (Hy touch Kobe), the world’s first liquefied hydrogen receiving terminal, through its paces. The terminal was completed in January this year. Kawasaki just released footage of hydrogen
Novatek, Russia’s largest independent natural gas producer, has hit a new milestone at its Yamal LNG project. Courtesy of Novatek The company said on Friday it has shipped 50 million tons of LNG since it started operations. The milestone cargo was loaded on the Arc7 ice-class tanker Nikolay Zubov and
Ever Given made headlines yesterday following its grounding in one of the key bloodlines of the global trade, namely the Suez Canal. Specifically, 12% of world trade takes place through the Suez Canal, and estimates from Bloomberg indicate that the blockage has halted $9.6 billion worth of traffic a day.