Energy giant Shell has entered into a long-term agreement with Brazil’s Raízen to buy a total of 3.25 billion litres of sugar-crane cellulosic ethanol in a bid to meet growing demand for sustainable fuels. Courtesy of Shell According to Shell, the low-carbon fuel is expected to be produced by five
Energy training services & technology solutions provider 3t Energy Group has been selected to develop a pioneering digital solution in partnership with OPITO to help workers identify gaps and gain the training, skills, and certifications they need to work flexibly across the offshore energy sector. After OPITO was awarded £5 million
Canadian liquefied natural gas (LNG) exports to Asia could reduce annual emissions by the equivalent of removing every single car from Canadian roads, according to a new study from energy research and consultancy firm Wood Mackenzie. The study, commissioned by the Canadian Energy Centre, coincides with the COP27 world climate
Italian maritime transportation group Fratelli Cosulich has won a €29.5m loan from a consortium of lenders to finance 70% of the construction costs for a new LNG bunkering vessel currently being built by Chinese shipyard Nantong CIMC Sinopacific Offshore & Engineering Co. The lenders include Crédit Agricole Italia S.p.A (agent
Swedish biogas producer Scandinavian Biogas has signed a multi-year agreement for the supply of liquid biogas (Bio-LNG) to the transport sector in the Nordic region. As disclosed, the deliveries of liquefied biogas under the agreement will begin shipping in 2023 and are intended from Scandinavian Biogas’ production facilities in Sweden.
GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways to reduce the carbon intensity of Shell’s liquefied natural gas (LNG) supply projects around the world. The companies see the use of hydrogen as low-carbon fuel in gas turbines as one of the possible
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a contract to build one liquefied natural gas (LNG) carrier. The contract, worth KRW 354.2 billion (about $252 million), was signed with an undisclosed shipowner from Oceania on 7 October, DSME said in a stock exchange filing. The vessel
The CO₂ reduction achieved by the new Molten Carbonate Fuel Cells (MCFC) technology for carbon capture (CC) in shipping, matches the expected targets announced by its developer Ecospray, at the beginning of the project, Italian classification society RINA said. The Italian environmental consultant launched the technology in June 2022. The system uses bio-LNG as fuel for
With increasing concerns about energy security, questions are arising about whether energy transition to clean and renewable sources can provide solid near-future solutions. According to the energy industry, it is not a matter of either-or, but rather and-and, since we currently need all the energy we can get. In a few days, the
Norwegian shipowning company Ocean Yield AS has agreed to purchase a 5,500 TEU newbuilding container vessel under construction at HJ Shipbuilding, Korea. As explained, the vessel will be a sister vessel to the two newbuildings announced on 10 June 2022 and 18 July 2022, with a design enabling it to be