U.S. LNG exporter Cheniere Energy has extended the long-term gas supply agreement signed in 2019 with EOG Resources, tripling the volume of LNG associated with the natural gas supply. Courtesy of Cheniere This transaction is to complete the commercialization of Cheniere’s Corpus Christi Stage III project. The parties signed the
Port Arthur LNG will grant $50k to environmental projects
Port Arthur LNG has teamed up with Port Arthur Newsmedia to award $50,000 in grants to local non-profit organizations with programs aimed at improving the environment in the area. Artist rendering of Port Arthur LNG facility; Courtesy of Port Arthur LNG The local Newsmedia reported this as the launch of
Sempra joins Carbon Neutral Coalition for CCUS policies development
U.S. LNG infrastructure company Sempra has joined the Carbon Neutral Coalition (CNC) as a senior advisory board member to work on the CCUS framework. Illustration only; Courtesy of Sempra Energy The Carbon Neutral Coalition (CNC) committed to taking action to achieve the goals of the Paris Agreement. It is specifically
Energy industry optimistic about transition despite skills shortages, policies, and supply chain issues – DNV
A new report by classification society DNV analysed the views of more than 1,000 senior energy professionals, revealing that energy industry leaders believe the energy transition is accelerating faster than ever, and that 2022 is set to be a strong year for industry growth. Senior industry players from across power,
Oil price soars past $100 mark as Russia-Ukraine crisis escalates
GoodFuels to offer marine biofuel in Asia-Pacific
Dutch marine biofuels supplier GoodFuels has opened its office in Singapore to serve demand for sustainable marine biofuel in the Asia-Pacific region. Courtesy of GoodFuels The Singapore office will be GoodFuels’ second office in addition to being its first outside of Europe. GoodFuels says this new presence in the region
CMA CGM launches biofuel trial for up to 32 ships
French shipping and logistics major CMA CGM has, with the support of the Maritime and Port Authority of Singapore (MPA), started biofuel bunkering in Singapore as part of its global trial to scale up the wider adoption of clean energy. Illustration. Photo: CMA CGM The company’s 10,640-TEU vessel, APL Paris,
Tellurian ends 2021 with smaller net loss
U.S. LNG project developer Tellurian ended 2021 with a loss of $114.7 million (28 cents per share), a lower net loss than in 2020, preparing to start construction of its Driftwood LNG export facility in April. Courtesy of Tellurian Tellurian is developing an LNG portfolio and infrastructure that includes an
Driven by deepwater projects, Sub-Saharan Africa set to see a boom in gas output – Rystad
Energy intelligence group Rystad Energy expects the gas output from Sub-Saharan Africa to double by 2030, driven by the development of offshore deepwater resources. Untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade, with output more than doubling from 1.3 million barrels of oil equivalent
New alliance to build Asia Pacific’s 1st zero-emission all-electric tug
A new alliance has been formed to construct the first all-electric, zero carbon emission harbour tug in the Asia Pacific region. Left to right: Pier Carazzai from ABS; Darren Yeo from Vallianz, Govinder Singh Chopra from SeaTech; Brent Perry from Shift. Photo: Vallianz Vallianz Holdings Limited, SeaTech Solutions International, Shift