In its latest white paper “Biofuels in shipping,” classification society DNV has reported that the flexibility of biofuels can enable the shipping industry to accelerate its journey towards decarbonisation while maintaining operational efficiency. However, the current limitations in production capacity may impact short-term supply and create stiff competition with other
Australia and the United States (US) have committed to enhance bilateral cooperation under a Climate, Critical Minerals and Clean Energy Transformation Compact, establishing climate and clean energy as a central pillar of the Australia-US Alliance. According to a joint statement from the PM of Australia and the President of the
State-owned LNG giant QatarEnergy has celebrated the steel cutting of the first of its new generation of chartered LNG carriers to be built at a South Korean shipyard as part of its LNG fleet expansion project. Illustration only; Archive. Courtesy of QatarEnergy On 3 June, QatarEnergy said it joined the
Mitsubishi Shipbuilding Co., part of the Japanese major Mitsubishi Heavy Industries (MHI) Group, will conduct technical studies on an ammonia fuel supply system for large, low-speed two-stroke marine engines which are being developed by Swiss marine engine maker Winterthur Gas & Diesel AG (WinGD). Image credit MHI The memorandum of
US energy company New Fortress Energy (NFE) has received an export permit for its Altamira Fast LNG facility from Mexico’s Ministry of Energy (SENER). Illustration; Courtesy of New Fortress Energy Under the permit, NFE said it is authorised to export up to 7.8 million metric tonnes through April, 2028, providing
Belgium’s Port of Antwerp-Bruges has witnessed its very first methanol bunkering on its journey to becoming a multi-fuel port. This first methanol bunkering operation took place on 1 June when 475 mT of methanol was bunkered from barge Tamariva to Proman Stena Marine at Sea-invest’s terminal. Proman Stena Bulk, a joint
Congo’s Ministry of Hydrocarbons and Technip Energies, an engineering and technology company, have signed an agreement on cooperation in the fields of offshore and onshore energy developments. Courtesy of African Energy Chamber As per the terms of the agreement, Technip Energies is expected to provide its expertise to strengthen both
All twelve CO2 storage tanks for the Northern Lights carbon capture and storage (CCS) project, a joint venture (JV) of energy majors Shell, Equinor and TotalEnergies, have been installed at the project’s CO2-receiving facilities in Øygarden, Norway. Courtesy of Northern Lights JV Northern Lights JV revealed the construction milestone via social media on 2
In its market report “Blue Hydrogen Production and Markets 2023-2033: Technologies, Forecasts, Players,” technology company IDTechEx explores the topic of turquoise hydrogen and delves into the various methane pyrolysis technologies, their benefits, drawbacks and the key commercial activities shaping this industry. Courtesy of IDTechEx In the hydrogen production spectrum, blue