Belgian LNG terminal operator Fluxys and U.S, energy investor EIG have jointly acquired an 80 per cent equity stake in Quintero LNG, the largest regasification terminal in Chile. Courtesy of GNL Quintero EIG and Fluxys will acquire these stakes from Enagas Chile and affiliates of OMERS Infrastructure. The terms of …
Shell plans to invest up to £25 billion (approximately €30 billion) in the UK energy system over the next ten years, with offshore wind being one of the main areas the oil and gas giant has set its sights on in the UK. The company said via a social media …
Japanese shipping major Nippon Yusen Kaisha (NYK) has taken delivery of Plumeria Leader, the second large LNG-fueled pure car and truck carrier (PCTC) built in Japan. Courtesy of NYK The ship was built at the Shin Kurushima Dockyard of Shin Kurushima Toyohashi Shipbuilding.This is NYK’s second LNG-fueled car carrier following …
In the light of Russia’s attack on Ukraine, Europe has intensified efforts on all fronts to ensure its energy security and shift away from global dominance of fossil fuels. Premium content Checking for account. You need javascript to validate your login status. Premium Premium content Subscribe to continue Become a …
Spanish ferry operator Baleària has reiterated its commitment to cleaner energies as it aims to become carbon neutral by 2050. Photo: Baleària “Our goal is zero emissions in 2050. We are involved in projects linked to green hydrogen and renewable biomethane, and we are committed to gas as a transition …
The United States and the European Union have made substantial steps to ensure and strengthen European energy security, reduce reliance on Russian fossil fuels, and reduce Europe’s overall reliance on gas. As part of their plans, the U.S. will supply 15 billion cubic meters of LNG to the EU this …
Finnish technology group Wärtsilä will provide technical support via a long-term service deal for its solutions on the Brittany Ferries’ LNG-fueled RoPax vessel Salamanca. Courtesy of Brittany Ferries The parties signed the ten-year agreement in December 2021. Powered by LNG, the 1,015-passenger ferry’s inauguration takes place on 25 March. Then, it …
Chinese utility Guangdong Energy will purchase up to 1.5 million tonnes per annum of LNG for 20 years from U.S. LNG project developer NextDecade’s Rio Grande LNG. Courtesy of NextDecade NextDecade announced in a statement the execution of binding heads of agreement (HOA) with Guangdong Energy. The deal is for …
Swedish tech company Candela, which developed hydrofoiling, long-range electric craft, is opening its first US test drive center in San Francisco to demonstrate its hydrofoiling boats. The new location will open its doors on 1 April 2022. Candela will offer test rides out of its Candela San Francisco location in …
Governor Kathy Hochul said that New York has signed a multi-state agreement to develop a proposal to develop a regional clean energy hydrogen hub. Illustration only; Courtesy of DoE The signing of this agreement includes an initial group of 40 hydrogen ecosystem partners. The ultimate goal is to become one …
The board of directors of Saipem has approved a rescue plan to strengthen the company’s financial and capital structure. As a result, Saipem will launch a capital increase of €2 billion or about $2.2 billion by the end of the year with two of its biggest investors – Eni and …
Weekly LNG exports from the U.S. increased week over week, followed by Henry Hub spot prices, according to the Energy Information Administration (EIA) report. Courtesy of Cheniere In the latest Short-Term Energy Outlook for the week between 17 March and 23 March, EIA reports 23 LNG vessels departed the United …