Greek company Gastrade is planning the Thrace INGS project that will include its second floating storage and regasification unit (FSRU) at the Sea of Thrace, offshore Alexandroupolis. Illustration; Courtesy of Gastrade Gastrade said it submitted an application for a new Independent Natural Gas System (INGS) license to Greece’s regulatory authority.
ExxonMobil plans hydrogen and CCS facility in Texas
U.S. energy major ExxonMobil is planning a hydrogen production plant and one of the world’s largest carbon capture and storage (CCS) projects at its site at Baytown, Texas. Illustration only; Courtesy of ExxonMobil With this move, ExxonMobil wants to support efforts to reduce emissions from its operations and local industry.
LNG fuel conversion and jumboization: Partners win BV AiP for new boxship retrofit concept
French engineering company GTT, compatriot naval consultancy and engineering firm Alwena Shipping and COSCO Shipping Heavy Industry (Zhoushan) shipyard have received approval in principle (AiP) from the classification society Bureau Veritas (BV) for a new concept, combining LNG retrofit and jumboization applied to large containerships. Photo: GTT As informed, GTT
LR approves Norwegian zero-emission self-unloading bulker
Norwegian shipowner Egil Ulvan Rederi has secured Approval in Principle (AiP) from maritime classification society Lloyd’s Register (LR) for its zero-emission self-discharging hydrogen-fueled bulk carrier. With Orca. Courtesy of Egil Ulvan Rederi The AiP for the vessel that will be fully zero-emission in all operations was awarded after the completion
Chevron buys Renewable Energy Group
U.S. energy major Chevron will acquire the outstanding shares of renewable fuels firm Renewable Energy Group for $3.15 billion in cash. Illustration only; Courtesy of Chevron The acquisition combines renewable fuels production of Renewable Energy Group with Chevron’s large manufacturing, distribution, and marketing position. “REG was a founder of the
Chasing carbon capture and sequestration options in one of the largest ports in U.S.
Houston-based oil and gas company Talos Energy has joined forces with the U.S. Port of Corpus Christi Authority and compatriot energy company Howard Midstream Energy Partners (HEP) to pursue carbon capture and sequestration (CCS) opportunities at the Port of Corpus Christi. Talos reported on Monday that it has entered into
After BP and Equinor, Shell ditching Russian business and TotalEnergies withholding capital for new projects
Oil and gas major Shell has joined other companies like BP and Equinor in a decision to exit Russia-related businesses following Russia’s attack on Ukraine and the widespread sanctions the country and its companies have been facing. Meanwhile, French major TotalEnergies has said it will no longer provide capital for
Oilex awaits licence for carbon capture and storage project in UK
Australia-based and AIM-listed Oilex, which has been focusing on carbon-neutral gas production in conjunction with carbon capture and storage (CCS), is hoping to get a licence from the UK authorities, which would enable it to move forward with its proposed Medway Hub CCS project in the UK. As part of
Germany to break free from Russian gas with two LNG terminals
Germany has revealed plans to build two liquefied natural gas (LNG) terminals in the near future in an effort to reduce its dependence on Russian gas. Photo: LTeW This was announced by German Chancellor Olaf Scholz at a special session of the Bundestag on 27 February 2022 addressing Russia’s attack
KBR will support Shell in hydrogen liquefaction
U.S. engineering company KBR has been granted a contract to provide professional services to energy giant Shell for hydrogen liquefaction development. Illustration only; Courtesy of KBR KBR will provide technical solutions as part of concept studies to advance technology for large-scale hydrogen liquefaction. This is an alternative method for long-distance
Nordic Hydrogen Partnership gets Nordic Innovation financing
The Nordic Hydrogen Partnership (NHP) has been granted financing by Nordic Innovation, extending its hydrogen collaboration project in the Nordic countries. Illustration only; Courtesy of Norsk Hydrogenforum Nordic Innovation has granted Nordic Hydrogen Partnership funding to continue to push the deployment of heavy-duty hydrogen transport and infrastructure through the Next
COSCO: ‘World’s first’ LNG dual-fuel VLCC delivered in China
The delivery ceremony for the liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC), described by China Classification Society (CCS) as the world’s first, has been held today, 28 February, at Dalian Shipbuilding Industry Company (DSIC). The delivery of Yuan Rui Yang to the shipping company COSCO is said