Oil majors’ ‘big bet’ on hydrogen is not so big in reality as they invest 8 times more in biofuels, T&E says

While European oil majors are taking a gamble on hydrogen as the transport fuel for the future, this ‘big bet’ is not so big in reality, according to a new study on behalf of Transport & Environment (T&E), which shows that investments in biofuels refining are eight times bigger. Ricardo …
In pursuit of accelerating the transition to clean energy, the Scottish government has released a draft energy strategy, which aims to shape the country’s next 25 years of energy production. This includes the possibility of reducing oil and gas production and putting an end to new oil and gas exploration …
Lady Maria Fisher, the second LNG dual-fuel tanker built for British marine engineering services provider James Fisher, has completed sea trials. Courtesy of James Fisher Tankships According to James Fisher’s social media update from 10 January, the sea trials “ran smoothly despite the three-day delay caused by the weather conditions”. …
CIMC Blue Water, a subsidiary of CIMC Enric Holdings, has delivered a batch of 29 LNG conversion vessels to its customer Zhuhai Port Shipping Company, a subsidiary of Zhuhai Port Holdings Group. Courtesy of CIMC Enric This is the largest delivery of a single batch of oil-to-gas converted vessels in …
The Biden-Harris Administration has released the U.S. National Blueprint for Transportation Decarbonization, an interagency framework of strategies and actions to remove all emissions from the transportation sector by 2050. The document builds upon the memorandum of understanding Departments of Energy, Transportation, Housing and Urban Development, and the Environmental Protection Agency signed …
Oil and gas giant Shell has signed multiple partnership agreements with Oman’s Ministry of Energy and Minerals, Oman LNG and OQ, former Oman Oil Company, in fields of liquefied natural gas (LNG) and hydrogen. Courtesy of Oman News Agency On 10 January, Oman LNG revealed it had signed a term …
UK’s cleantech company Silverstream Technologies has signed a deal with China Merchants Energy Shipping (CMES) to install its air lubrication technology on four 175,000cbm LNG carriers being built at Dalian Shipbuilding Industry Company (DSIC). The agreement includes four firm installations of the Silverstream System and two options. The company said that …
Plug Power, a provider of turnkey hydrogen solutions for the global green hydrogen economy, has received an order to deliver two 30-tonnes-per-day (TPD) hydrogen liquefaction systems (hydrogen liquefiers) to TC Energy Corporation, North America’s energy infrastructure company. Plug said that the two hydrogen liquefiers are scheduled for delivery in Q2-Q3 …
Deutsche Umwelthilfe e.V. (DUH), a non-profit environmental and consumer protection association, has filed an objection to the operating license and water law permit of the floating storage and regasification unit (FSRU) Höegh Esperanza in Wilhelmshaven. The floating LNG terminal in Wilhelmshaven was put into operation in December 2022 following the …
EU Innovation Fund will provide a €4.5 million grant for four Belgian companies, Prefer, a manufacturer of construction materials, Fluxys Belgium, an infrastructure operator, Lhoist, a lime producer and supplier of CO2, and Orbix, a holder of the technology and ad-hoc raw materials, for their joint CO2ncrEAT project to capture, …