Following Russia’s invasion of Ukraine, the European Union has proposed a ban on all Russian oil imports, aiming to phase out Russian crude oil within six months and refined products by the end of the year. This was announced on Wednesday by European Commission President, Ursula von der Leyen, in
U.S. LNG export project developer Cheniere Energy has signed a long-term IPM gas supply deal with Canadian natural gas producer ARC Resources for its Corpus Christi LNG Stage 3 project. Courtesy of Cheniere On 4 May, Cheniere announced today that its subsidiary Corpus Christi Liquefaction Stage III has entered into
Norway’s floating terminal projects company Höegh LNG has appointed Erik Nyheim as the new president and CEO, effective from mid-August 2022. Illustration only; Courtesy of Höegh LNG Erik Nyheim comes from the position of a partner in Boston Consulting Group’s Norwegian office. There, he has led their maritime practice since
Japanese shipping company Nippon Yusen Kaisha (NYK), through its subsidiary, has signed a long-term charter contract with CNOOC Gas and Power Singapore Trading & Marketing, a group company of China National Offshore Oil Corporation (CNOOC), for six liquefied natural gas (LNG) carriers. Courtesy of NYK According to NYK, the company
The classification society Bureau Veritas (BV) has awarded approval in principle to French LNG containment specialist GTT for its ballast-free LNG bunkering and feeder vessel. Mock-up of the GTT’s Shear-Water LNG vessel; Courtesy of GTT Last year, GTT announced that it has obtained, with its partner Hudong Zhonghua Shipbuilding, a
C-Job Naval Architects LH2 Europe have developed the ship design for a new liquid hydrogen tanker to revolutionise the renewable energy market in Europe. Courtesy of C-Job C-Job says it has designed a brand new class of liquid hydrogen tanker in partnership with LH2 Europe. The design is a critical
Gasunie and Vopak want to jointly develop terminal infrastructure for imports of hydrogen into Northwest Europe via Dutch and German ports. Illustration; Courtesy of GATE Gasunie and Vopak have therefore entered into a cooperation agreement. They will specifically develop future open access hydrogen import terminal infrastructure. Previously, the companies have
Abu Dhabi’s renewable energy company Masdar and Indian conglomerate firm Reliance Industries want to explore opportunities for collaboration in green hydrogen, which is a priority for the UAE and India. TA’ZIZ EDC & PVC agreement; Courtesy of ADNOC Abu Dhabi Chemicals Derivatives Company (TA’ZIZ) and Reliance signed the shareholder agreement
Norway’s state-owned energy giant Equinor has gained access to the Indian energy market by joining forces with the government-owned company Oil & Natural Gas Corporation (ONGC) to participate in several projects, including renewables and carbon capture utilisation and storage (CCS). ONGC and Equinor signed a Memorandum of Understanding (MoU) on