According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports dropped to 18 LNG carriers, with the Henry Hub spot price going down as well. Everett LNG Facility; Courtesy of Constellation Energy In the latest Short-Term Energy Outlook for the week between 25 and 31 August, EIA reports
QatarEnergy to build ‘world’s largest blue ammonia facility’
QatarEnergy’s affiliates QatarEnergy Renewable Solutions and Qatar Fertiliser Company (QAFCO) have signed agreements for the construction of the Ammonia-7 Project, the ‘first world-scale and largest blue ammonia facility’ project. Courtesy of QatarEnergy QatarEnergy is to build this large blue ammonia plant that will come online in the first quarter of
WinGD, HSD Engine team up on methanol-fueled two-stroke ship engines
Swiss marine power company WinGD and Korean engine builder HSD Engine have initiated a joint development project (JDP) to advance the development of WinGD’s methanol-fueled big-bore engines. Courtesy of WinGD As informed, the aim is to deliver an engine capable of running on carbon-neutral green methanol by 2024, providing shipowners
IRENA joins forces with industry leaders to unlock green industrialization opportunities
The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the global Alliance for Industry Decarbonization. Global Alliance for Industry Decarbonization launched by IRENA and industry partners (Courtesy of IRENA) The new alliance aims to accelerate net-zero ambitions and the decarbonization
Energinet and Gasunie to cooperate on hydrogen infrastructure
Danish energy company Energinet and Dutch gas infrastructure firm Gasunie have signed a memorandum of understanding (MoU) to accelerate the preparations for cross-border hydrogen infrastructure between Denmark and Germany. Courtesy of Energinet Last year, Energinet and Gasunie Deutschland conducted a techno-economic pre-feasibility study, which showed that Denmark could potentially supply
First stage of Estonian Paldiski LNG terminal completed
The first phase of the construction of the Paldiski LNG terminal in Estonian the port city of Paldiski has been completed, local media reports. Courtesy of Port of Paldiski According to Estonian state television ETV, the first phase of construction of the Paldiski LNG terminal was completed on 31 August
McDermott to manage Heracless hydrogen project
Indian steel-making company Tata Steel has picked U.S. offshore engineering player McDermott to shape and manage the execution of the hydrogen project Heracless near Amsterdam. Illustration only; Courtesy of McDermott McDermott International will be a part of an integrated project management team (IPMT) to shape and manage the execution of
Oil & gas players to look into establishing large-scale, multi-user CCS hub in Australia
Following the award of acreage off the northwestern coast of Western Australia, Woodside and its joint venture partners – BP, MIMI, Shell, and Chevron – will join forces to evaluate the potential for establishing a large-scale, multi-user carbon capture and storage (CCS) hub. Woodside revealed on Thursday that it has
NYK, Kyuden Group ink charter agreement for new LNG carrier
On 1 September 2022, Japanese shipping company NYK and compatriot LNG trading company Q United Energy Supply & Trading (QUEST), part of Kyuden Group, signed a multi-year time charter contract for a new liquefied natural gas (LNG) carrier. Illustration. Courtesy of SHI As informed, the 293-metre-long ship will be built