European Investment Bank (EIB), the bank of the European Union (EU), has signed a Memorandum of Understanding (MoU) to join the India Hydrogen Alliance (IH2A) and increase support for large-scale green hydrogen hubs and projects across India with indicative funding of €1 billion, subject to the Indian government and EIB
Chevron allocates $26 million for Australian CCS research projects
Chevron Australia, an affiliate of US-based energy giant Chevron, has committed a combined A$38 million (around US$26.5 million) to contribute to carbon capture and storage (CCS) research projects in Western Australia and Victoria. The contribution aims to advance knowledge of the critical emissions technology for a lower-carbon future and comes
Svitzer appoints its 1st Global head of green ports
Global towage operator Svitzer, a part of A.P. Moller-Maersk, has appointed Australia Chief Commercial Officer Ivan Spanjic as Global Head of Green Ports. The company created the role recently to focus on unlocking value for partners across the marine supply chain, as the demand for green ports and green shipping
Gasum starts building new biogas plant in Sweden
With final construction permits in place, Nordic energy company Gasum is starting the construction work on its latest biogas plant in Götene, Sweden, as the first in a line of strategic investments into increasing biogas availability. According to Gasum, the new plant will be producing 120 gigawatt hours (GWh) worth of
Finland adopts hydrogen resolution
Finland’s government has adopted a resolution on hydrogen in which it describes the countries’ objectives regarding hydrogen and the measures to promote them. According to the government, Finland’s goal is to become the European leader in the hydrogen economy in the entire value chain, and it has the capacity to
While contributing to Europe’s energy security, Equinor rakes in all-time high profits
Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a PREMIUM Subscriber Do not want to miss out on
Montenegro and US agree on energy cooperation, LNG terminal included
Montenegro’s Minister of Finance, Aleksandar Damjanović, and representatives of the United States (US) Department of State have discussed the economic relations between the two countries with an emphasis on cooperation in the field of energy, agreeing to take action in regard to the Bar LNG terminal. Courtesy of Montenegro’s Ministry
Elengy and Delta Rail launch new LNG container loading service
French LNG expert Elengy, a part of ENGIE Group, has teamed up with compatriot solutions operator Delta Rail to launch a new LNG container loading service from multimodal platforms remote from the LNG terminals operated by Elengy. Namely, Elengy operates Montoir-de-Bretagne on the Atlantic coast, Fos Cavaou and Fos Tonkin
Comerc, Casa dos Ventos team up with Transhydrogen Alliance for ammonia
Brazilian energy companies Comerc Eficiência and Casa dos Ventos have signed a Memorandum of Understanding (MoU), that includes ammonia, with the TransHydrogen Alliance (THA), a consortium formed by Proton Ventures, GES, Trammo DMCC, and Varo Energy, whose objective is to create new supply chains for the energy transition of European
MPA Singapore discontinues LNG bunkering incentive
Maritime and Port Authority of Singapore (MPA) has decided to discontinue the 50% harbour craft port dues concession which was launched in 2021 for floating storage units (FSUs) / floating storage regasification units (FSRUs) supporting LNG bunkering and breakbulk activities in port. The discontinuation with immediate effect was announced in