Clean Fuel
PGNiG to purchase more LNG from Venture Global
Poland’s oil and gas company PGNiG has finalized an agreement to buy more liquefied natural gas from U.S. LNG export project developer Venture Global LNG.
In focus: Enabling the future step by step
When it comes to the energy transition, we have already seen that the first-mover advantage is there.
Nornickel in LNG-fueled icebreaker deal
Russian nickel and palladium mining company Nornickel has signed a deal to build an LNG-fueled icebreaker to escort ships carrying its cargo on the Northern Sea Route.
New large-scale offshore wind-to-hydrogen project emerges in Denmark
Swiss energy company H2 Energy Europe has bought an 11-hectare site near Esbjerg in Denmark for a 1 GW offshore wind-to-hydrogen project that could be up running in 2024. The location where the electrolyser plant will be built enables H2 Energy Europe to access the electricity produced by offshore w
IUMI: Regulation on green fuels is urgently needed
Although it fully supports the shipping industry’s move to decarbonisation, the International Union of Marine Insurance (IUMI) said that adequate risk management provision must be in place to underpin the transition.
Novatek, Japan to work together on ammonia, hydrogen and CCUS projects
Russian natural gas producer PAO Novatek and the Japan Bank for International Cooperation (JBIC) have revealed plans to work together on low-carbon projects.
TechnipFMC selling stake in Technip Energies
TechnipFMC is selling 7.6 million Technip Energies shares through a private sale transaction with HAL Investments, the Dutch investment subsidiary of HAL Holding. The sale price of the shares in the sale is set at €11.15 per share, yielding total gross proceeds of €196.2 million. Upon completion of
Latsco takes delivery of LNG carrier Hellas Athina
South Korean shipyard Hyundai Samho Heavy Industries has delivered Greek shipowner Latsco the second LNG vessel Hellas Athina.
MOL to buy shares in FSUs to serve Russia’s LNG projects
Japanese shipper Mitsui O.S.K. Lines (MOL) has signed a deal with Russia’s state-owned leasing company GTLK to buy stakes in two large floating LNG storage units (FSU).
Zvezda lays keel for SCF’s new LNG-fueled MR tanker
Russia’s Zvezda shipyard held a keel-laying ceremony for a new LNG-fueled MR tanker ordered by the country’s largest shipping company Sovcomflot (SCF).
GasLog wraps up LNGC to FSU conversion
Greek owner and operator of LNG carriers GasLog has completed its first conversion project from an LNG carrier to a floating storage unit (FSU).
Current CEO leaves Gasum
The current CEO of Finnish energy company Gasum will leave her position and the recruitment process for the replacement will begin immediately.
Energy transition not fast enough as fossil fuels will still hold half of global energy mix by 2050, DNV warns
DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.
EU maritime transport to increase in coming years. So will GHG emissions.
To remain competitive while reducing pollution and climate impacts, EU maritime transport must continue investing in sustainable new technologies, and adopting digital solutions and automation processes, a new report concluded.