Home » 2022 » August»Page 18

KNOT takes delivery of 1st LNG-fueled shuttle tanker for charter with Eni

3 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Norway-based shuttle tankers owner and operator Knutsen NYK Offshore Tankers AS (KNOT), an affiliate of NYK, has taken delivery of its first dual-fuel liquefied natural gas (LNG) shuttle tanker to be chartered to Italian energy giant Eni. Frida Knutsen. Courtesy of NYK The vessel, named Frida Knutsen, was delivered on

Australia’s green hydrogen firm Hysata raises $29.5 mln

3 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Australian green hydrogen company Hysata has closed its Series A funding round with A$42.5 million ($29.4 mln). Courtesy of Hysata On 2 August, Hysata informed that its hydrogen electrolyser technology is supported by global investors, as it closes its oversubscribed Series A funding round of $42.5 million AUD. Virescent Ventures

Singapore and Rotterdam to set up world’s longest Green Corridor

2 Aug No Comments gregsamuel_e5x9azx4 LNG World News

The Maritime and Port Authority of Singapore (MPA) and the Port of Rotterdam Authority have signed a memorandum of understanding (MoU) to establish the world’s longest Green and Digital Corridor.  The MoU, signed on the sidelines of the biennial World Cities Summit,  will bring together stakeholders across the supply chain to realise

Shell and Chevron invest in Aurora Hydrogen clean H2 tech

2 Aug No Comments gregsamuel_e5x9azx4 LNG World News

The venture capital units of energy giants Chevron and Shell participated in Canadian clean hydrogen company Aurora Hydrogen’s $10 million funding round. The Aurora Hydrogen founders; Courtesy of Aurora Hydrogen Aurora Hydrogen is developing a clean hydrogen production technology that uses microwave energy without generating any CO2 emissions or consuming

BP joins its peers in posting massive profits

2 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Oil and gas giant BP joined its peers in posting record quarterly profits on the back of higher oil and gas prices and strong refining margins. The company also announced a 10 per cent dividend increase and net debt reduction. Last week, other oil giants, including Shell, Equinor, ExxonMobil, and

Azule Energy, Angola’s largest independent oil & gas producer, is born

2 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Oil and gas companies BP and Eni have confirmed that Azule Energy, a new 50/50 independent joint venture combining the two companies’ businesses in Angola, has been officially established. Azule Energy logo; Source: Eni Following a memorandum of understanding from May 2021, BP and Eni signed an agreement to form

Chart and Wolf to collaborate on CCUS projects

2 Aug No Comments gregsamuel_e5x9azx4 LNG World News

U.S. LNG engineer Chart Industries has signed a deal with compatriot energy infrastructure firm Wolf Carbon Solutions to collaborate on carbon capture utilization and storage (CCUS) projects. Illustration; Courtesy of Chart Chart signed a memorandum of understanding (MoU) with Wolf Carbon Solutions. Wolf is an affiliate of Wolf Midstream, a

Dynagas LNG states cash distributions on preferred units

2 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Dynagas LNG Partners, a partnership formed by Greek shipping company Dynagas, has declared a cash distribution of $0.546875 per unit on its Series B Preferred Units. Courtesy of Dynagas Dynagas LNG Partners owns and operates liquefied natural gas (LNG) carriers employed on multi-year charters. The Parntership’s current fleet consists of six LNG

Cameron: We can’t engineer out the toxicity of ammonia

1 Aug No Comments gregsamuel_e5x9azx4 LNG World News

Ammonia is at the top of the list of the potential shipping fuels of the future, being a zero-carbon solution that can become economically viable. The shipping industry has already built extensive experience in transporting and handling ammonia onboard vessels, and we are seeing major strides being made in designing

© 2018 Lloyds Energy