Search results for: BASF

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  • BASF, Envision Energy to produce e-methanol from green hydrogen and CO2

    1 February 2024
    Collaboration, Project & Tenders

    US-based catalyst manufacturer BASF has joined forces with Chinese multinational corporation Envision Energy to work on the conversion of green hydrogen and CO2 to e-methanol.

  • BASF wins funding approval to build one of Germany’s largest PEM electrolyzers

    24 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Regulation & Policy

    Germany’s chemical producer BASF has secured the approval of funding from the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and the State of Rhineland-Palatinate to build a proton exchange membrane (PEM) electrolyzer which is expected to produce up to 8,000 metric tons of hydrogen per year. With an output of 54 MW, the […]

  • Harbour Energy getting its hands on Wintershall Dea’s E&P portfolio, bar Russian one, for $11.2 billion

    21 December 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Transition

    Harbour Energy has the wheels into motion to acquire all of Wintershall Dea’s assets, aside from the ones in Russia, for $11.2 billion.

  • Japanese firm nets batteries order for large-scale hydrogen project

    1 May 2024
    Business Developments & Projects, Collaboration, Equipment, Exploration & Production, Outlook & Strategy, Project & Tenders, Technology

    NGK INSULATORS has received a NAS batteries order from BSES, a subsidiary of German BASF, for a large-scale green hydrogen production project, developed by German HH2E.

  • Cheniere pens long-term LNG supply deal with Foran

    2 November 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy

    U.S. Cheniere Energy’s subsidiary Cheniere Marketing has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with China’s Foran Energy Group. Under the SPA, Foran agreed to purchase approximately 0.9 million tons per annum (mtpa) of LNG for 20 years from Cheniere Marketing on a free-on-board (FOB) basis for a purchase […]

  • Expro secures CCUS work on Japan’s first clean hydrogen production demo project

    23 January 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Project & Tenders

    Energy services provider Expro has secured a contract with INPEX Corporation covering carbon capture utilization and storage (CCUS) for Japan’s first clean hydrogen production demonstration project, also known as the Kashiwazaki Clean Hydrogen/Ammonia project. Under the contract, Expro will deliver tubular running services for multiple sections of casing, liner and tubing across 12 months. The […]

  • Höegh Autoliners & Yara Clean Ammonia enter clean ammonia supply deal

    2 November 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy

    Ammonia distributor Yara Clean Ammonia, a subsidiary of Yara International, and shipowner Höegh Autoliners, both Norwegian companies, have agreed on a future supply deal for clean ammonia. Höegh Autoliners noted that the partnership follows separate initiatives in both companies in two important parts of the value chain, namely supply and demand. In May 2023, the […]

  • Stolt Tankers joins Science Based Targets initiative

    8 January 2024
    Business Developments & Projects, Certification & Classification, Environment, Outlook & Strategy, Regulation & Policy, Transition

    Tanker operator Stolt Tankers, part of London-based transportation group Stolt-Nielsen Limited, revealed it has committed to developing science-based targets to help achieve net zero in the maritime sector.

  • Japanese majors to explore ammonia supply base in Fukushima

    30 January 2024
    Research & Development, Storage

    Japanese companies Japan Petroleum Exploration Co.., Mitsubishi Gas Chemical Co., IHI Corporation, Mitsui & Co., and Mitsui O.S.K. Lines (MOL) have started a joint study for the establishment of the ammonia supply base in Soma area, Fukushima Prefecture.

  • UECC, partners join forces on CNSL-based marine biofuel

    28 March 2024
    Collaboration, Outlook & Strategy

    Norway-based RoRo transportation provider United European Car Carriers (UECC) has spearheaded a collaboration with industry partners to advance cashew nut shell liquid (CNSL) as a sustainable marine fuel.

  • Atlantic area ports to explore the use of green hydrogen-based technologies

    13 December 2023
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Project & Tenders, Research & Development, Technology

    A consortium of eleven partners from public and private entities from Spain, France, Ireland, and Portugal has kicked off a project that will carry out pilot tests for the application of hydrogen and methanol as an energy alternative in the fleet and vehicles of the ports of the Atlantic area. The project named HYDEA was […]

  • CCS grants first approval for onboard computer-based systems 

    11 January 2024
    Certification & Classification

    China Classification Society (CCS) issued the first type approval certificate in China for the computer monitoring and alarm system that meets the requirements of IACS URE27 to Supcon Ocean Technology (Zhejiang) Co.

  • Asyad Shipping and Glander team up on AI-based bunkering solutions

    20 February 2024
    IT & Software, Technology

    Glander International Bunkering and Asyad Shipping have signed a multi-fold agreement to work on an AI-based propulsion system, a digitalized bunker procurement solution, and comprehensive bunker management.

  • Science Based Targets initiative approves Fugro’s net-zero targets

    24 April 2024
    Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Project & Tenders, Transition, Vision

    The Science Based Targets initiative (SBTi) has approved Fugro’s near- and long-term science-based emissions reduction targets. Fugro’s net-zero target spans all three emission scopes, with the ultimate goal of achieving net-zero greenhouse gas (GHG) emissions across the value chain by 2050. “This validation by the Science Based Targets initiative underscores Fugro’s strong dedication to its […]

  • Fuelink: New AI-based digital platform for bunker data management launched

    14 March 2024
    Infrastructure, IT & Software

    Fuelink, a maritime technology provider, has launched its new digital platform providing a key resource for bunker data management and fuel supply optimization.

  • Yale-based start-up converts captured CO2 into methanol

    15 December 2023
    Business Developments & Projects, Outlook & Strategy, Research & Development, Technology, Transition

    Yale-based start-up Oxylus Energy has converted captured carbon dioxide (CO2) into methanol using an electrolyzer at room temperature and pressure at a production-level scale. On December 13, Oxylus Energy said it had passed the key benchmark test for the deployment and commercialization of its proprietary catalyst and electrolyzer technology in a 5 cm2 cell. According […]

  • Hydrogen-based technology to support North American Port of Long Beach

    3 May 2024
    Authorities & Government, Business Developments & Projects, Collaboration, Exploration & Production, Innovation, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Technology

    In the presence of Long Beach officials, Toyota Motor North America and FuelCell Energy have opened the system to generate renewable hydrogen, electricity and water to support operations at Toyota’s largest port facility in North America.

  • MOL, DP World team up on clean fuels for maritime and port-based applications

    7 December 2023
    Business Developments & Projects, Collaboration

    Japanese shipping company Mitsui O.S.K. Lines (MOL) and UAE-based ports and logistics giant DP World have signed a memorandum of understanding (MoU) to explore opportunities to enhance auto logistics capabilities at Jebel Ali Port and reduce carbon emissions in port and maritime applications in the UAE and beyond.

  • H2SEA studies monopile-based structures for hydrogen offshore wind turbines

    19 January 2024
    Business Developments & Projects, Research & Development, Technology

    Dutch engineering company H2SEA, in cooperation with the Delft University of Technology (TU Delft), has performed an assessment of monopile-based support structures for hydrogen-producing offshore wind turbines. H2SEA says that one of the main questions was if decentral hydrogen production on a monopile-based support structure of an offshore wind turbine would be structurally feasible. The […]

  • Conoship and Bouman join forces on ship-based carbon capture joint venture

    22 January 2024
    Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Green Marine, Outlook & Strategy, Transition, Vessels

    EverLoNG ship-based carbon capture project partners Bouman Industries and Conoship International have signed an agreement to create a joint venture that would build ship-based carbon capture (SBCC) systems. The new partnership, called Carobotreat Maritime, aims to use its combined expertise to help shipowners and operators reduce CO₂ emissions on their newbuild and existing vessels.  “It’s my […]

  • KfW IPEX finances first climate-neutral terminal based on hydrogen

    1 March 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Ports & Logistics

    Germany’s KfW IPEX-Bank is providing financing for the new Duisburg Gateway Terminal (DGT), described as Europe’s first fully climate-neutral terminal using hydrogen technology and the first one to be intelligently networked.

  • GSTS to develop world’s first AI-based berth schedule management system

    14 March 2024
    Collaboration, Infrastructure, IT & Software, Outlook & Strategy

    Maritime intelligence company Global Spatial Technology Solutions (GSTS) has been contracted by Canada’s Ocean Supercluster’s Core Technology Leadership Program to further develop and implement a predictive, dynamic berth schedule management system.

  • COSCO Shipping Lines rolls out green biofuels-based shipping solution

    18 December 2023
    Business Developments & Projects, Certification & Classification, Regulation & Policy

    China-based shipping company COSCO Shipping Lines has presented the first green shipping certificate to Volvo’s Asia Pacific headquarters for the use of COSCO’s new shipping product Hi ECO.

  • NFE closes asset-based financing to fully fund its Barcarena power plant

    7 November 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Research & Development

    U.S. energy infrastructure company New Fortress Energy (NFE) has executed definitive agreements with the Brazilian development bank Banco Nacional de Desenvolvimento Econômico e Social (BNDES) and funds managed by Lumina Capital Management and BTG Asset Management to fund up to $575 million in asset-based financing. According to NFE, these financings will be used to complete […]

  • CIP and Norwegian partners plan large-scale hydrogen-based energy carriers production

    9 February 2024
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy

    Denmark’s Copenhagen Infrastructure Partners (CIP) has entered into an option agreement with Naturgassparken Vest, a real estate company jointly owned by CCB Energy and Norwegian Øygarden municipality, to establish the production of hydrogen-based energy carriers in the Energy Park. The agreement was announced on February 9, 2024, and builds on the parties’ experience in both green […]