Press

Spanish oil and gas company Repsol has completed the acquisition of Canaport LNG from Canadian oil and gas company Irving Oil and has renamed it Saint John LNG. Courtesy of Canaport LNG Repsol has now completed the acquisition of 100 per cent ownership of the terminal. Initially, it owned 75 …

Greek shipping owner Danaos Shipping has become the newest member of the Methanol Institute (MI), a global trade association for the methanol industry. MI is a community dedicated to knowledge sharing and experience building in the use of methanol as a safe, future-proof fuel. Founded in 1989 in Washington DC, …

Japan’s Mitsui and Korea’s GS Energy have partnered up with TA’ZIZ and Fertiglobe to develop the world-scale low-carbon blue ammonia facility at TA’ZIZ in Ruwais, Abu Dhabi. Courtesy of ADNOC Abu Dhabi National Oil Company (ADNOC) and ADQ announced the new partnership. Mitsui is a global developer of energy projects, …

Australian energy giant Woodside has filed its environment plan for the Scarborough field drilling and completions operations to the country’s authorities and the plan is now under assessment. Woodside has already invited public comments for its proposed Scarborough 4D B1 marine seismic survey, which will be conducted over the Scarborough, …

According to Facts and Factors, the green hydrogen market size and share revenue are expected to grow from $755 million in 2020 to reach $1,423.2 million by 2026. Courtesy of Facts and Factors Facts and Factors published a new research report titled on the green hydrogen market. The market companies …

Naval architect company LMG Marin has secured a contract with Grieg Star Group’s innovation hub Grieg Edge to design one of the world’s first green ammonia fueled tankers. As informed, the companies will spend the next months developing different conceptual ideas for MS Green Ammonia before they settle on a …

Australian energy company Woodside is on the lookout for a new chief financial officer (CFO) after the current one decided to resign from the position. Woodside revealed the resignation of its CFO, Sherry Duhe, on Tuesday. Duhe is stepping down from the CFO position to pursue a career opportunity with …

Finnish technology group Wärtsilä revealed plans to commercially launch its Two-Stroke Future Fuels Conversion platform during the first quarter of 2022. Photo: Wärtsilä The engine combustion technology platform will enable the fast and cost-effective conversion of two-stroke main engines to operate on clean-burning future fuels, according to Wärtsilä. This is …

Swedish tech company Semcon and Norwegian company Hystar will jointly develop new technology for green hydrogen production to support future energy needs. Illustration; Courtesy of Semcon Hydrogen as a fuel in fuel cells can decarbonise the transport sector. It can also decarbonise heavy industry. So, the production of renewable green …

Marine services provider GAC Bunker Fuels has signed a Memorandum of Understanding (MoU) with biofuel producer Neutral Fuels to market its marine gas oil (MGO) diesel blend specifically developed for shipping clients in the United Arab Emirates (UAE), Bahrain, Oman, Qatar, and India. Martyn McMahon, global commercial manager of GAC …

PetroVietnam Gas, a subsidiary of state-owned PetroVietnam, says construction on the Thi Vai LNG facility is progressing and the first LNG cargo will be imported in 2022. Courtesy of PetroVietnam Gas Once operational, the facility will have a capacity of one million metric tonnes of LNG a year. PV Gas …

Pakistan will register significant LNG regasification capacity additions in Asia between 2021 and 2025, according to the analytics company GlobalData. Courtesy of Pakistan LNG This predicted development would contribute about eleven per cent of the region’s total capacity additions by 2025. GlobalData says due to increasing gas demand there are …