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Are natural gas and renewables keys to unlocking a low-emission energy future in the US?
America is in need of an all-inclusive energy strategy, which features natural gas as a crucial element along with renewable energy, to come to grips with climate and energy challenges.
Port of London welcomes world’s 1st green methanol-powered boxship
The world’s first methanol-fuelled container vessel, Laura Maersk, arrived at Port of London for its maiden call on 27 September, marking a new step in the journey towards decarbonization in the shipping industry.
Collosal LPG carrier capable of carrying ammonia joins MOL’s fleet
A giant LPG-powered LPG/ammonia carrier has been delivered to MOL Energia Pte, a Singapore-based company of Mitsui O.S.K. Lines Group. The vessel, named Phoenix Harmonia, was constructed by Namura Shipbuilding with the support from Mitsubishi Shipbuilding Co., a part of the Mitsubishi Heavy Industri
Vale joins hands with Petrobras to boost development of low-carbon solutions
Brazil majors Vale and Petrobras have signed a protocol of intent to develop low-carbon solutions, taking advantage of both companies’ technical expertise and synergies. According to Vale, the partnership is for a two-year period and will assess joint decarbonization opportunities, including the dev
TechnipFMC and Petrobras expand ‘many years of collaboration’
Brazilian state-owned oil and gas giant Petrobras has awarded TechnipFMC with a contract to supply flexible pipes for pre-salt fields offshore Brazil. Under the contract deemed as “significant”, TechnipFMC will design, engineer, and manufacture 14 kilometers of gas injection riser pipes and will sup
New JV to set up dedicated LNG bunkering facility in US Gulf Coast
U.S. maritime infrastructure company Seapath and Houston-based clean energy solutions provider Pilot LNG have formed a joint venture (JV) to develop, construct, and operate the first dedicated LNG bunkering facility in the Galveston Bay area. The initial investment for the facility is approximately
Skarv Shipping orders up to eight methanol/ammonia-ready MPVs
Skarv Shipping Solutions, a joint venture between Grieg Edge and Peak Group AS, signed a contract with Chinese Huanghai Shipbuilding Co. for up to eight low-carbon multipurpose vessels (MPVs).
K Line takes delivery of 3rd LNG carrier intended for Petronas
Japanese shipping company K Line has taken delivery of the newly-built W-Max class liquefied natural gas (LNG) carrier, Lagenda Setia, intended for a long-term charter with Malaysian energy major Petronas LNG. The Chinese shipbuilder Hudong-Zhonghua Shipbuilding (Group) has built the midsize LNG car
ADNOC goes over its decarbonization progress
ADNOC has taken the time to check its progress towards its goal of doubling carbon capture capacity by the end of the decade.
Hy24 invests in InterContinental Energy’s portfolio of green hydrogen projects
Hy24, the world’s largest clean hydrogen fund, has made a new investment in InterContinental Energy, a company developing large-scale green hydrogen projects, to accelerate the deployment of the company’s portfolio of projects and contribute towards its vision to scale the green hydrogen economy and
Louis Dreyfus Armateurs picks vessel for bound4blue eSAILs installation
French maritime firm Louis Dreyfus Armateurs (LDA) has decided to install bound4blue eSAILs® on its ro-ro ship Ville de Bordeaux. Three 22-metre-high eSAILs® will be fitted to the Ville de Bordeaux ahead of a six-month performance monitoring period starting in early 2024. The Ville de Bordeaux is ch
North Sea oil project gets the go-ahead to come on stream
Equinor has received the seal of approval from Norway’s authorities to bring online an oil field project in the Norwegian sector of the North Sea next month.
Eco Wave Power cuts interim net loss
Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2023, reporting a decrease in net loss when compared to the same period a year before.
Aramco steps into global LNG market with stake in MidOcean Energy
Energy major Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy, an LNG company formed and managed by investment company EIG, for $500 million. Completion of the transaction is subject to closing conditions which include regulatory approvals, with Aramco