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Yara mulls IPO of clean ammonia business

6 May No Comments gregsamuel_e5x9azx4 LNG World News

Norwegian chemical company Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the Oslo Stock Exchange. Courtesy of Yara As explained, the evaluation of a potential future listing is focused on attracting minority investors and reflects Yara’s strategic ambition to enable

In focus: Great determination for creating net-zero future

6 May No Comments gregsamuel_e5x9azx4 LNG World News

A lot of companies involved in the offshore energy sector have already introduced its plans how to reach the net-zero emissions status by a certain point in the future. In this week’s In Focus, we will put spotlight on the most recent projects aimed to achieving the mentioned goal in the

Enbridge, Humble Midstream to work on hydrogen and ammonia facility

6 May No Comments gregsamuel_e5x9azx4 LNG World News

North American energy companies Enbridge and Humble Midstream will jointly develop a low-carbon hydrogen and ammonia production and export facility near Corpus Christi, Texas. Courtesy of Enbridge Enbridge and Humble plan to develop a utility-scale ultra-low carbon production facility, capable of supplying both low-carbon hydrogen and ammonia. The facility will

France LNG Shipping inks another LNGC charter deal with EDF

6 May No Comments gregsamuel_e5x9azx4 LNG World News

French ship-owning company France LNG Shipping has signed another long-term charter contract for a new LNG carrier with EDF LNG Shipping, a subsidiary of Electricité de France. Illustration only; Courtesy of NYK South Korean shipyard Hyundai Samho Heavy Industries will deliver the new LNG carrier in 2025. According to this

Buckeye Partners to buy Bear Head LNG and clean energy project in Nova Scotia

6 May No Comments gregsamuel_e5x9azx4 LNG World News

Texas-based petroleum firm Buckeye Partners will buy Bear Head Energy, which owns an LNG and clean energy development project in Nova Scotia, Canada. Illustration only; Courtesy of Buckeye Partners Therefore, Buckeye Partners, a wholly-owned investment of the IFM Global Infrastructure Fund, has entered into a definitive agreement to acquire Bear

HAV Group gets go-ahead for hydrogen-based energy system for ships

6 May No Comments gregsamuel_e5x9azx4 LNG World News

Norwegian HAV Group ASA has received preliminary approval for a hydrogen-based energy system for ships developed within the FreeCO2ast project, making a step forward in the commercial use of hydrogen fuel by a commercial vessel. The Norwegian Maritime Authority has issued a statement of preliminary assessment for the technology developed

Hudong orders GTT tank design for MOL’s four new LNGCs

6 May No Comments gregsamuel_e5x9azx4 LNG World News

Chinese shipbuilder Hudong Zhonghua has ordered the tank design for four new LNG carriers it is building for Japan’s MOL from the French LNG containment specialist GTT. Courtesy of Hudong-Zhonghua Shipbuilding GTT says that in April it received an order from its partner the Chinese shipyard Hudong Zhonghua, a subsidiary

EIA: US weekly LNG exports up by two LNG carriers

6 May No Comments gregsamuel_e5x9azx4 LNG World News

Energy Information Administration (EIA) weekly report shows that LNG exports from the U.S. climbed this week by two vessels. Courtesy of Cheniere According to the latest Short-Term Energy Outlook from EIA, U.S. LNG exports increased for the period between 28 April and 4 May 2022 compared to the week before.

Germany charters four floating LNG terminals, cutting dependence on Russia

5 May No Comments gregsamuel_e5x9azx4 LNG World News

Germany’s government has entered into charter agreements to secure four floating liquefied natural gas (LNG) terminals, representing one of the first big steps to cut the country’s dependence on Russian gas. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue

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