Ukraine’s oil and gas company Naftogaz has entered into a deal with the Canadian energy developer Symbio Infrastructure to purchase liquefied natural gas (LNG) and green liquid hydrogen (LH2) from Canada. Jim Illich (left) and Yuriy Vitrenko; Courtesy of CNW Group/Symbio Infrastructure The parties signed a memorandum of understanding (MoU)
In focus: More countries opting for renewables instead of fossil fuels
More and more countries around the world are preparing to shift to renewable energy and gradually quit the fossil fuel game with dozens of new commitments, projects, and initiatives announced in the week behind us. Premium content Checking for account. You need javascript to validate your login status. Premium Premium
Finland’s first FSRU to be placed at Fortum’s Inkoo port
Finnish energy companies Gasgrid and Fortum have agreed on placing Finland’s first floating LNG terminal, the FSRU Exemplar, at Fortum’s Inkoo port. Courtesy of Fortum Inkoo is a deep-water port located on the Southern Coast of Finland. It is in close proximity to the pipelines distributing the gas mainly to
Plug and Play launches hydrogen startup accelerator
The global innovation platform Plug and Play Tech Center has launched the H2 Startup Accelerator in Hamburg, Germany, as one of the world’s first hydrogen-centric startup accelerator programs. Courtesy of Mediaserver Hamburg Initiating partners are Shell and Electric Power Research Institute (EPRI), along with the founding members City of Hamburg
Germany to support H2 Industries in clean hydrogen projects
The German government has agreed to facilitate New York-based hydrogen company H2 Industries in supplying clean hydrogen to Germany. Courtesy of H2 Industries Following talks at the MEFED energy conference in Jordan, Germany’s federal minister for economic affairs and climate action Robert Habeck met with the CEO of H2 Industries Michael Stusch.
MOL readies to trial biofuel on Panamax bulker
MOL Drybulk, a group company of Mitsui O.S.K. Lines (MOL), will start sea trials of Panamax bulk carrier, chartered from ship owner Chugoku Sougyo, using biofuel in late June. C.S. Olive. Courtesy of MOL For this trial, MOL signed a deal for biofuel supply with Chevron Singapore. Under the deal,
EIA: US weekly LNG exports decrease by one LNG carrier
According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have decreased by one LNG carrier from last week, while the Henry Hub prices rose. Courtesy of Cheniere In the latest Short-Term Energy Outlook for the week between 2 June and 8 June, EIA reported that 22 LNG
Industry invited to help develop renewable energy zone in Australia
Energy project developers and businesses with large electrical loads have been invited to express their interest and take part in developing a major renewable energy zone in Australia. The government of the New South Wales (NSW) plans to deliver the state’s first five Renewable Energy Zones (REZs) in the Central-West
Mitsubishi Shipbuilding designs LPG-powered VLGC convertible to ammonia fuel
Japanese shipbuilder Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group, has completed the conceptual design of a very large gas carrier (VLGC) initially powered by liquefied petroleum gas (LPG) but adaptable to future use of ammonia as the main fuel. The shipbuilder has also received approval in principle
Equinor and Cheniere sign 15-year LNG purchase deal
Norwegian energy giant Equinor and U.S. LNG exporter Cheniere have signed a 15-year purchase agreement of around 1.75 million tonnes of LNG per year starting from 2026. Courtesy of Maran Gas This new sales and purchase agreement (SPA) will add new volumes to Equinor’s gas portfolio of pipeline gas and