Barry Bednar, SodaFlexx CEO; Image by Sodaflexx The best solution for the shipping sector to cut CO2 emissions in the short term is to resort to fuel consumption efficiency measures in anticipation of greater maturity of green fuels’ production and the development of the relevant infrastructure, as explained by Barry
ExxonMobil has deployed Mitsubishi Heavy Industries’ (MHI) CO2 capture technology as part of its end-to-end carbon capture and storage (CCS) solution for industrial customers. With support from The Kansai Electric Power Co., Inc. (KEPCO), the companies have agreed to work together to advance carbon capture technologies that could reduce the
US LNG company Sempra Infrastructure has signed a long-term sale and purchase agreement (SPA) with French utility firm Engie for the supply of liquefied natural gas (LNG) from Phase 1 of its proposed Port Arthur LNG project under development in Jefferson County, Texas. Engie will purchase approximately 0.875 million tonnes
Following the recent establishment of the world’s first financing platform for tailored financing of infrastructure for green hydrogen, Germany is now looking to award nearly €1 billion (€900 million) in funding for the import of hydrogen derivatives. On 5 December, the Federal Ministry for Economic Affairs and Climate Protection (BMWK)
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has established the Sustainability Linked Loan Framework Template and in accordance with the principles, set future targets regarding the establishment of a hydrogen supply chain. As explained, the template was established in accordance with the Sustainability Linked Loan Principles drawn up by the Loan
Japan’s oil and gas producer Inpex has executed a joint research agreement with Japan Organization for Metals and Energy Security (JOGMEC) to evaluate the potential of the Bonaparte Basin in Australia to become a large-scale carbon storage location. The parties will conduct joint research to support Inpex as it assesses
State-run shipping giant China Merchants Energy Shipping (CMES) revealed earlier today that it has signed a Letter of Intent (LoI) for the construction of up to six dual-fuel methanol-powered Pure Car and Truck Carriers (PCTC). The deal, signed with China Merchants Industry Holdings, stipulates the construction of two firm plus four optional 9,000
The Energy Market Authority (EMA) and the Maritime and Port Authority of Singapore (MPA) have opened a call for expression of interest (EOI) to develop low or zero-carbon power generation and bunkering solutions. Following the launch of the National Hydrogen Strategy at Singapore International Energy Week 2022, Singapore is now