CDWE, a joint venture between CSBC and DEME Offshore, held an official keel laying ceremony for the Green Jade installation vessel at CSBC’s shipyard in Kaohsiung, Taiwan, on 5 March. The first steel for Green Jade, the first Taiwan-built floating heavy-lift offshore wind installation vessel, was cut in September 2020. “We
China Gas in LNG, LPG, hydrogen pact with Sinopec
Chinese piped-gas operator China Gas has formed an LNG and LPG and hydrogen pact with its compatriot China Petrochemical Corporation (Sinopec). Screenshot courtesy of China Gas The strategic cooperation agreement will enable both parties to engage in all-round cooperation in areas including natural gas procurement, liquefied natural gas (LNG) receiving
Oil Search names new CFO
The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search named Peter Fredricson as its new chief financial officer (CFO) effective 23 March 2021. Courtesy of Oil Search Fredricson replaces Stephen Gardiner, who after eight years will step down from the CFO role. Gardiner will continue
Clean Energy and Total team up for carbon-negative fuel
U.S. alternative fuels supplier Clean Energy Fuels and European oil and gas producer Total signed a new joint venture for renewable natural gas production and downstream fueling infrastructure. Courtesy of Clean Energy The 50/50 joint venture is for the development of carbon-negative renewable natural gas (RNG) production facilities in the
INOXCVA sets up LNG dispenser in India
Indian manufacturer of cryogenic technology equipment and solutions INOXCVA designed, developed, and manufactured India’s first-ever LNG dispenser, supporting the country’s transition towards green fuel. Courtesy of INOXCVA The LNG dispenser complies with ISO 16924:2016 norms and is approved by PESO India. It bears the ATEX Certification, a European certification given
EIA: US weekly LNG exports rise another week
According to data from the Energy Information Administration (EIA), liquefied natural gas exports from the U.S. increased the second week in a row, boosting Henry Hub prices. Courtesy of Cheniere For the period between 24 February and 3 March, in its latest Short-Term Energy Outlook, EIA reports that U.S. LNG
Greenferry I bunkers LNG at Brunsbüttel
German Brunsbüttel Ports on Wednesday hosted the first liquefied natural gas bunkering of the recently commissioned Greenferry I. Courtesy of Brunsbüttel Ports Greenferry I is Elbferry’s liquefied natural gas-fueled vessel that started operating on the Brunsbüttel-Cuxhaven ferry route. The vessel previously operated under the ownership of Fjord 1, a Norwegian
Argentina’s Vaca Muerta to grow with LNG exports to Asia
Pan American Energy CEO claims Argentina needs to build more LNG capacity to accelerate the development of its largest shale play Vaca Muerta, located in Neuquén Basin. Courtesy of PAE Reuters reports that, due to tendencies for bigger profitability caused by the coronavirus pandemic, many producers switch from gas to
SK Group in $16.4 billion hydrogen push
Industry groups tell EU to incentivize green hydrogen and ammonia as fuels of the future
The EU should promote the use of green hydrogen and ammonia by ships as part of its upcoming maritime fuel law, major shipping industry players and environmentalists have told the European Commission. The new law, better known as the FuelEU Maritime initiative, will require ships carrying EU trade to progressively