Clean Fuel
VDR CEO: Germany needs LNG infrastructure
German Shipowners’ Association (VDR) has welcomed investments in the country’s supply chain logistics as well as in the Brunsbüttel terminal project.
Total to boost investment in renewables in push to become ‘a broad energy company’
French oil and gas major Total has moved to transform itself into a broad energy company as part of its efforts to become a leader in the renewable energy sector and get to net-zero by 2050.
Shell’s energy transition starts in Germany, offshore wind & hydrogen key elements
Shell is restructuring its business in Germany as the energy transition progresses worldwide, the oil giant announced on 29 September, listing offshore wind and hydrogen as some of the key elements of its operations in the country. The company said it plans to participate in the production of electr
Heerema going carbon neutral
Dutch contractor Heerema wants to become the first carbon-neutral marine contractor in the offshore industry in line with the national and international emission-reduction targets. The plans are being revealed as the inetrnational maritime community pushes forward to meet the 50% GHG reduction targe
Predator continues work on the offshore LNG import project for Ireland
London Stock Exchange-listed Predator Oil & Gas continues to work on the development of an offshore LNG import project for Ireland, the company said in their latest financial disclosure. “We have made excellent progress with regulatory authorities, gas infrastructure owners, gas buyers and a provide
DHL to decarbonise all LCL ocean freight shipments
DHL Global Forwardin revealed it would be neutralizing the carbon emissions of all less-than-container load (LCL) ocean freight shipments from 1 January 2021.
Centrica inks long-term LNG supply deal with Shenergy
Centrica plc, a global energy and services company, has announced the signing of a long-term LNG supply deal with Shenergy Group Company Limited (Shenergy). According to the release, Centrica agreed a binding 15-year Sales and Purchase Agreement (SPA) to supply 0.5 million tonnes per annum (MTPA) of
Six One Commodities expands footprint to Europe
Six One Commodities LLC (61C) today announced that it is expanding its power and gas business to Europe with the addition of a power team out of Berlin lead by Ingo Klause. Mr. Klause has over 20 years of experience in the CWE region for power trading. He worked for the Swedish utility Vattenfall ac
Wood Mackenzie: LNG demand doubling over the next 20 years
After a record 70 mmtpa of new LNG capacity was sanctioned in 2019, this year and 2021 had at least as much capacity lined up for final approval – instead, there’s a famine, Wood Mackenzie said.
Equinor closes Hammerfest LNG after fire
Norwegian energy giant Equinor has shut down its Hammerfest LNG export plant following a fire in an oil-powered turbine at the facility. Equinor said the incident occurred on Monday at about 15:30h local time with no injuries reported. Images on local media showed smoke rising from the plant but Equ
Yamal LNG debt service guarantees removed
Russia’s largest independent natural gas producer Novatek has reached another milestone on its Yamal LNG project.
Titan completes SIMOPs LNG bunkering at Port of Antwerp
Titan LNG, a Dutch supplier of LNG to the marine and industrial markets in Europe, completed an LNG SIMOPS bunkering at the Port of Antwerp.
Fluxys Belgium posts H1 profit jump
Fluxys Belgium, the operator of the Zeebrugge LNG terminal on Wednesday reported a jump in profit for the first half of the year. Net profit rose from €31.4 million ($36.6 million) to €36.6 million ($42.7 million). Fluxys noted in its report that its turnover in the first six months rose €24.1 milli
Eidesvik scores one-year extension for Viking Lady PSV
Offshore vessel operator Eidesvik Offshore has been awarded a contract extension for its Viking Lady platform supply vessel.