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SodaFlexx CEO: The best fuel is unburnt fuel

6 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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 acquires Mitsubishi Heavy Industries’ CO2 capture technology

6 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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

Sempra adds Engie to its Port Arthur LNG customer list

6 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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

Germany opens €900 million call for import of green hydrogen derivatives

6 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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)

KHI opts for sustainable financing as it eyes large LH2 carrier by 2026

6 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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

JOGMEC to support Inpex’s assessment of Australian CCS potential

6 Dec No Comments gregsamuel_e5x9azx4 LNG World News

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

Denmark awards first CO2 storage permit

6 Dec No Comments gregsamuel_e5x9azx4 LNG World News

The Danish Energy Agency has granted the first-ever permit for a CO2 storage project in Denmark. The project includes the injection and storage of up to 15,000 tonnes of CO2 in a former oil field over a four-month period.  Source: Danish Energy Agency INEOS E&P and Wintershall Dea have been

CMES inks LoI for construction of methanol-powered car carriers

5 Dec No Comments gregsamuel_e5x9azx4 LNG World News, Uncategorized

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

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