Chinese oil and gas giant CNOOC is to install the world’s largest storage tanks at the Binhai LNG import terminal in Jiangsu by the end of 2023, Reuters reports. Illustration only; Courtesy of CNOOC Reuters said that CNOOC completed the foundation for six giant LNG storage tanks each sized 270,000 …

Aker Solutions and Dril-Quip have entered into a collaboration agreement to offer subsea injection systems for carbon capture, utilization and storage (CCUS) projects. Under the agreement, Dril-Quip will provide Aker Solutions with CO2 injection Xmas trees and wellheads that will be fully integrated into a larger subsea injection system to provide customers with technology purposely designed …

Santos joins ExxonMobil and JX Nippon, the P’nyang project participants, in signing a gas agreement with the Papua New Guinea government concerning the PNG LNG plant. Courtesy of Oil Search The parties will execute a gas agreement that provides a clear framework for the project’s future development. The signing of …

Norwegian Hurtigruten has begun its environmental ship upgrade program, said to be the largest in its history, to cut CO2 emissions and pursue the zero-emissions goal. In this program, three of the seven ships will be converted to hybrid ships, beginning with MS Richard With. The vessel is currently at …

Chinese shipping company SITC International Holdings has welcomed its first dual-fuel liquefied natural gas- (LNG) powered containership. Photo: SITC Named Tiger Longkou, the ship joined the SITC fleet after the Spring Festival of the year of Tiger. It started service on the company’s China-Japan route in Shanghai on 18 February. …

Swedish biogas producer Scandinavian Biogas has has decided as a long-term target to reach 3 TWh of an annual biogas production capacity in Europe by 2030, mainly Bio-LNG. Illustration only; Courtesy of Scandinavian Biogas Scandinavian Biogas Fuels International (SBF) defined its long-term growth target. The European biogas market is experiencing …

Impact Assessment Agency of Canada made funding available to help the public and Indigenous groups participate in the impact assessment process for the proposed Ksi Lisims LNG terminal project. Courtesy of Ksi Lisims LNG The Nisga’a Nation, Rockies LNG, and Western LNG proposed to develop a floating natural gas liquefaction …

Japanese energy giant JERA is looking for ammonia suppliers conducting an international competitive bid for its procurement. Illustration; Courtesy of Jera The company decided to conduct an international competitive bid for the procurement of ammonia fuel. On 18 February, it sent a request for proposals (RFP) describing bidding conditions to …

According to the latest annual LNG Outlook from Shell, the global trade in LNG increased 6 per cent to 380 million tonnes during 2021 amid supply constraints and volatile prices. Courtesy of Shell Shell says that these conditions (rising demand and supply constraints) caused LNG prices to remain volatile throughout …

Renewable Energy Group (REG), a producer and supplier of renewable fuels, has entered into a strategic global collaboration agreement with Bunker Holding Group, a supplier and trader of marine fuels, to further develop the U.S. and EU marine markets for sustainable bio-based diesel. The collaboration will see the combination of …