Clean Fuel
After BP and Equinor, Shell ditching Russian business and TotalEnergies withholding capital from new projects
Shell has joined BP and Equinor in a decision to exit Russia-related businesses following Russia’s attack on Ukraine.
Oilex awaits licence for carbon capture and storage project in UK
Australia-based Oilex is hoping to get a licence from the UK authorities, which would enable it to move forward with its CCS project in the UK.
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.
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.
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.
RMC starts construction of Spirit of Tasmania LNG-fueled ferry
Finnish shipbuilder Rauma Marine (RMC) has started the construction of the first of two RoPax car and passenger ferries that the Australian shipping company Spirit of Tasmania ordered.
KN green-lights decision on FSRU Independence acquisition
Lithuanian LNG terminal operator Klaipedos Nafta (KN) has approved a decision on the acquisition of the FSRU Independence from Hoegh LNG at the end of its lease agreement in 2024.
Terntank takes delivery of second fossil-free hybrid tanker
Swedish tanker operator Terntank has taken delivery of the second 100% biofuel compatible chemical and product tanker that emits no greenhouse gases or carbon particulates during port operations.
In focus: Energy system transformation gathers pace with government-backed innovations
Among numerous energy transition initiatives, the ones that stood out the most this week were enacted by governments which truly do have the power to bring about the long-overdue upgrade to our energy landscape.
RVO drafts massive 2040 offshore wind-to-hydrogen scenario for the Netherlands
As the Netherlands paces towards fulfilling its ambition of becoming climate-neutral by 2050, its energy system is undergoing substantial change with an increasing share of renewable energy. Surplus electricity produced by offshore wind and other renewables can be used to meet the growing demand for
Saipem to focus on core oil & gas and low-risk offshore wind projects following financial woes
Following a profit warning in late January, Saipem has revealed details about its revised strategic plan for the 2022-2025 period.
US imposes sanctions on Russia’s largest shipping company
Russian state-owned shipping company Sovcomflot (SCF Group) has been hit with the newest sanctions imposed by the United States in response to Putin’s “war of choice” against Ukraine.
Hyundai Samho orders GTT tank design for 2 new LNGCs
Korean shipyard Hyundai Samho Heavy Industries (HSHI) has ordered the tank design for two new LNG carriers from French containment specialist GTT.
Oil price soars past $100 mark as Russia-Ukraine crisis escalates
Oil prices soared on Thursday with Brent surging over the $100 barrel mark for the first time in eight years.