Integrated storage solutions provider Stolthaven Terminals, part of the Stolt-Nielsen Group, and the Pecém Industrial and Port Complex, a joint venture formed by the Ceará State Government and the Port of Rotterdam, have signed a memorandum of understanding (MoU) for the study of a new storage terminal in Pecém Port, …

The classification society ClassNK has granted approval in principle to a Japanese trio for the methane oxidation catalyst system for LNG-fueled vessels. CG of a coal carrier scheduled for actual ship demonstration. Image by MOL The system reduces methane slip by placing a methane oxidation catalyst in an LNG fuel …

CMA CGM and SIPG jointly completed China’s first ship-to-ship LNG simultaneous operation (SIMOPS) bunkering, marking a major step in the energy transition. Courtesy of CMA CGM On 15 March, the French shipping major CMA CGM and Chinese terminal operator Shanghai International Port Group (SIPG) successfully achieved a milestone LNG bunkering. …

Norwegian shipping company Avance Gas has informed that the current CEO and the current chairman of the board have both decided to step down from their positions. Illustration; Courtesy of Avance Gas Avance Gas operates in the global market for the transportation of liquefied petroleum gas (LPG). The company is also …

Denmark has launched a €161 million subsidy scheme to support the Power-to-X projects towards the goal of reaching between 4 and 6 GW of electrolysis capacity by 2030. The Danish government launched the strategy for the development of the Power-to-X-technology and capacity in December 2021. The strategy will push for …

China Petroleum & Chemical Corporation (Sinopec) says it started the construction of the world’s largest LNG storage tank. Courtesy of Sinopec Sinopec informed via social media that the world’s largest LNG storage tank has been accelerated at Qingdao LNG terminal in Shandong Province. The LNG tank will have a storage …

Australian energy giant Santos has secured an offshore regulator’s acceptance of its environment plan for the development drilling and completion of wells on the Barossa gas field development, which is located off Australia. The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) informed on Monday that it had approved the environment …

International energy services provider Petrofac has won its first new energies project in Egypt, where it will assess the feasibility of new green hydrogen to ammonia facility. Illustration; Courtesy of Petrofac Petrofac won this project in Egypt with an in-country subsidiary of Egypt-focused Mediterranean Energy Partners (MEP). The project is …

PetroVietnam Power, a subsidiary of state-owned PetroVietnam, has awarded a $940 million contract to a consortium of South Korea’s Samsung C&T and Vietnam’s Lilama to build Vietnam’s first LNG-fueled power plants. Courtesy of Lilama In February, Samsung C&T, the construction unit of Samsung Group, also informed it has received a …

French engineering company Technip Energies has partnered up with India’s renewable energy company Greenko to accelerate green hydrogen development in India. Illustration only; Courtesy of Technip Energies Therefore, the parties signed a memorandum of understanding (MoU) to explore green hydrogen project development opportunities across industries. These specifically cover refining, petrochemicals, …