Bermuda-based LNG shipper Golar says its newly-formed company CoolCo, which will acquire its eight LNG carriers, has successfully closed an upsized private placement of $275 million in new shares. Courtesy of Golar LNG In December, Golar LNG announced the separation of its eight TFDE LNG carriers into the new company called Cool
JAPEX and PETRONAS to jointly study CCS in Malaysia
Japan Petroleum Exploration (JAPEX) has agreed to conduct a joint study for CO2 capture and storage (CCS) in Malaysia with the country’s national energy company PETRONAS. Illustration only; Source: Petronas Therefore, the parties signed a memorandum of understanding on 27 January 2022. In the joint study, they will conduct an
Shell starts power-to-hydrogen operations in China
Energy giant Shell has started production of green hydrogen at the power-to-hydrogen electrolyser in Zhangjiakou, one of the world’s largest H2 electrolysers. Courtesy of Navingo The power-to-hydrogen electrolyser in Zhangjiakou is a joint venture between Shell China and Zhangjiakou City Transport Construction Investment Holding Group. The 20 megawatts power-to-hydrogen electrolyser
MOL and Mitsui ink LNG carrier time charter deal
Japanese shipping major Mitsui O.S.K. Lines (MOL) has concluded a time charter contract for a newbuild LNG carrier with compatriot shipping company Mitsui & Co. Illustration only; Courtesy of MOL The LNG carrier has a capacity of 174,000 cubic metres and will be delivered in 2024. It will specifically serve
Yara and Linde to build green hydrogen plant in Norway
Environmental solutions firm Yara and engineering major Linde have joined in on the construction of a 24 MW green hydrogen demonstration plant at Yara’s ammonia production facility in Norway. Courtesy of Yara Yara said it signed a contract with Linde Engineering for the delivery of a green hydrogen demonstration plant
EIA: US LNG exports go up by 5 from last week
Energy Information Administration (EIA) showed in its weekly report that U.S. LNG exports went up by five vessels this week from last week. Courtesy of Cheniere In its latest Short-Term Energy Outlook for the period between 20 January and 26 January, EIA reports that 25 LNG vessels departed the United
Spliethoff wraps up 1st biofuel trial with GoodFuels
As part of the CO2 emission reduction endeavour, Spliethoff Group, the Netherlands-based shipowner, has completed its first biofuel trial in cooperation with compatriot biofuels pioneer GoodFuels. Courtesy of BigLift Shipping As informed, the first trial took place between June and November last year on heavy transport vessel (HTV) BigLift Baffin
Baleària builds 1st electric ship to serve as test lab for green hydrogen
Spanish ferry operator Baleària has embarked on a project to build the first electric passenger and cargo ferry that will be pollution free during port stays and approaches and incorporate green hydrogen on an experimental basis. Photo: Balearia This is a new ship concept for the Ibiza-Formentera route which, in
Haldor Topsoe joins Hydrogen Council for green H2 push
Danish CO2-reduction tech company Haldor Topsoe has joined the Hydrogen Council to accelerate the deployment of green hydrogen solutions. Courtesy of Haldor Topsoe The Hydrogen Council is a global initiative of leading companies with a long-term ambition to promote hydrogen for the clean energy transition. Roeland Baan, CEO at Haldor
Russian LNG-powered RoRo to arrive in Baltiysk
Earlier this month, Russia’s first dual-fuel RoRo-train ferry Marshal Rokossovsky set out from the Port of Tuzla, Turkey to the Port of Baltiysk, Russia. Photo: Rosmorport The vessel embarked on the voyage after accepting a bunker and supply stocks, FSUE Rosmorport said. Despite inclement weather, the ferry is expected to