The US, Canada, and Mexico have ‘committed to combatting the climate crisis’ by working together on the development of a clean hydrogen market in North America. At the conclusion of the North American Leaders’ Summit, the countries agreed to work together in six areas, including methane emissions reduction, electric vehicle
Spanish energy company Enagás has reached an agreement with Germany’s Uniper to acquire a 20% stake in the Dutch BBL Company, an owner of a 235-kilometre subsea gas interconnection between the Netherlands and the UK. Enagás concluded the deal as part of the objectives of its strategic plan to contribute
Maran Tankers Management, an oil tanker shipping unit of the Angelicoussis Shipping Group, has taken delivery of its first LNG dual-fuel very large crude carrier (VLCC). Courtesy of Maran Tankers Management The vessel, which was named Antonis I. Angelicoussis after the group’s founder, was delivered on 3 January by South
Dutch gas shipping company Anthony Veder has committed three LNG carriers to Deutsche ReGas (DRG) for its new floating LNG terminal in Lubmin, Germany. “We are proud that we have been selected by Deutsche ReGas for supporting in their floating LNG terminal,” Jan Valkier, CEO Anthony Veder said. “As integrated
Japan’s Mitsubishi Heavy Industries (MHI) and several other Thai and Japanese organisations have signed a Memorandum of Understanding (MoU) to collaborate in a feasibility study for the introduction of ammonia co-firing at a coal-fired thermal power plant operated by BLCP, an independent power producer in Thailand and a joint venture
The State Oil Company of the Republic of Azerbaijan (SOCAR) and the United Arab Emirates’ Masdar have entered into a partnership on offshore wind and green hydrogen projects in Azerbaijan. Under a joint development agreement, signed in Abu Dhabi on 15 January within the framework of Azerbaijan’s President Ilham Aliyev’s business
The UK and UAE have signed a Memorandum of Understanding (MoU) expected to help facilitate the sharing of technical knowledge, advice, skills, and expertise, opening up new avenues for cooperation on energy and climate, while boosting jobs and investment in the UK. Courtesy of GOV.UK UK Business and Energy Secretary
Swiss freight trader Cargill has placed an order for two methanol-fuelled bulk carriers in Japan. Namely, the company has teamed up with Mitsu & Co, and ordered a Kamsarmax duo from Japanese shipbuilder Tsuinesihi Shipbuilding. The order was reportedly signed last month and the ships are scheduled for delivery at the end
While investments in green sectors overshadowed the oil and gas funding for the first time last year, the cost-conscious developers are expected to tighten their purse strings after two years of soaring prices, outlined Rystad Energy, an energy market intelligence group. However, low-carbon spending is still expected to rise by