With energy security taking the reins on the global stage while sustainability concerns, exacerbated by climate change challenges, push the world away from traditional fossil fuels and straight into the arms of low-carbon and green energy, natural gas is at the centre of this whirlwind of activity in the energy
As part of its mission to develop modularized solid oxide fuel cell (SOFC) systems for applications in the ocean space, Norway-based clean power solutions provider Alma Clean Power has performed trials on a 6 kW direct ammonia fuel cell system. Archive; Courtesy of Alma Clean Power The company said the
Vitol Asia, a supply and trading unit of Vitol Group, and the Merakes LNG Sellers have signed a multi-year LNG sale and purchase agreement (SPA). Illustration only; Archive; Courtesy of Vitol The LNG supply to Vitol is expected to commence in 2024, and the quantity will be approximately 0.55 million
Japan’s Kawasaki Heavy Industries (KHI) has delivered an 86,700 cbm liquefied petroleum gas (LPG) and ammonia (NH3) carrier powered by LPG to compatriot transportation company K Line. KHI The vessel Axis River is the first of Kawasaki’s newest-design 86,700 cbm capacity, LPG-fueled LPG/NH3 carrier, with the increased cargo capacity from the
The fleet of Norwegian shipping company Knutsen Group has gotten a new member, an LNG carrier named Gordon Waters Knutsen. Courtesy of Knutsen Group The group shared on its social media that the vessel is designed specifically for the transportation of liquefied natural gas (LNG), with a capacity of 174,000
Cool Company Limited (CoolCo), an owner, operator and manager of LNG carriers, has exercised its option to acquire two newbuild 2-stroke LNG carriers from affiliates of Eastern Pacific Shipping (EPS). Courtesy of CoolCo The LNG carriers, named Kool Tiger and Kool Panther, are being built by Hyundai Samho Heavy Industries in Korea and are
U.S.-based energy company NextDecade has announced that Rio Grande LNG has received binding commitments from a syndicate of lenders in an amount sufficient, together with expected project equity funding, to support a positive final investment decision (FID) of the first three liquefaction trains (Phase 1) at the Rio Grande LNG
Gulfstream LNG, a mid-sized greenfield LNG export project under development in Louisiana, U.S., has received authorization from the U.S. Department of Energy (DOE) to export produced LNG to all existing, and any future countries that have, or will enter, free trade agreement (FTA) with the U.S. Illustration. Source: Gulfstream LNG
The summer holiday season doesn’t seem to be slowing down the activities of the global energy sector. Energy companies are still moving strongly towards a low-carbon and sustainable future, with carbon capture and storage (CCS) and renewables serving as the main topics of the conversation.