RWE Gas Storage West has submitted planning approval documents for what is expected to be Germany’s first hydrogen cavern storage facility to be used for commercial purposes. Illustration only. Courtesy of RWE RWE announced the start of the approval procedure, which includes environmental impact assessment, back in April 2022 and
SK Holdings Materials, a South Korea-based company specialising in material technology, has signed an agreement with ExxonMobil, a US energy and petrochemical company, with the main aim of introducing blue ammonia to SK Materials in Korea. Courtesy of SK Materials The company noted that ExxonMobil plans to build a facility
French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two new LNG carriers. Illustration / Archive / Courtesy of Samsung Heavy Industries GTT will design the tanks of the two vessels, and each will
South Korean shipping major Korea Shipbuilding & Offshore Engineering Co. (KSOE) has signed a deal to construct two very large gas carriers for an undisclosed shipowner. Illustration VLGC; Image credit KSOE According to the company’s stock exchange filing, the ships will be constructed by KSOE’s unit Hyundai Samho Heavy Industries. The
Japanese shipping company Kawasaki Kisen Kaisha (K LINE) has completed its third biofuel trial on board its ships as part of its decarbonization efforts. Illustration; Image credit K Line The company said that the trial involved the use of B24 marine biofuel comprising 24% fatty acid methyl ester (FAME) blended
US liquefied natural gas (LNG) export company Freeport LNG Development has received regulatory approval to commence commercial operations of the company’s natural gas liquefaction and export facility in Texas, USA. Courtesy of Freeport LNG According to Freeport LNG, the authorisation provides for the immediate full return to service of one
Japanese shipping major Mitsui O.S.K. Lines (MOL) has joined forces with compatriot tech company Air Water to jointly study the trial use of liquefied bio-methane (LBM) derived from cattle manure onboard liquefied natural gas (LNG)-fueled vessels. MOL As disclosed, the partners signed a Memorandum of Understanding (MoU) to explore LBM’s
Japan’s IHI Corporation and India’s renewable energy company ACME have signed a Memorandum of Understanding (MoU) to study and investigate the feasibility of producing and utilising green ammonia derived from renewable energy. Courtesy of IHI Under the MoU, IHI will consider participation in green ammonia production projects led by ACME
Partners in the Leviathan gas field offshore Israel have approved budgets for 2023 which include nearly $100 million for the expansion of the existing infrastructure and preparation of the future floating LNG terminal. Courtesy of NewMed Energy Said to be the largest energy project in Israel’s history, the deep-sea field
Spanish energy company Enagás has announced that all its objectives set for 2022 have been achieved and the degree of execution of its 2022-2030 strategic plan is higher than expected. Courtesy of Enagas Enagás’ net profit on 31 December 2022 amounted to €375.8 million, exceeding the target for the year.