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Illustration; Source: Worley
LNG

In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

12 minutes read
Saipem and CTCI commission Nong Fab LNG terminal in Thailand
LNG
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Saipem and CTCI commission Nong Fab LNG terminal in Thailand

Oilfield services provider Saipem and engineering, procurement, and construction (EPC) services provider CTCI have commissioned and started up Nong Fab LNG receiving terminal in Thailand. According to Saipem, the terminal, with a capacity of 7.5 million metric tonnes per annum, will receive LNG from

about 3 years ago
MSC World Europa
LNG

Bloom Energy fuel cells demonstrate increase in efficiency in first major marine deployment

Bloom Energy, a US-based green energy company, has revealed that, in the first major marine deployment, its fuel cells demonstrated a significant increase in electrical efficiency. The 150kW solid oxide fuel cell platform provided auxiliary power to the luxury cruise ship called MSC World Europa whi

about 3 years ago
Conversion works on Greece’s first FSRU start at Keppel shipyard
LNG

Conversion works on Greece’s first FSRU start at Keppel shipyard

Conversion of GasLog’s DNV-classed LNG carrier Gaslog Chelsea, which was recently renamed as Alexandroupolis, to a floating storage regasification unit (FSRU) has kicked off at the Keppel shipyard in Singapore. This marks the beginning of the work to develop Greece’s first FSRU which will serve as a

about 3 years ago
Wilhelmshaven LNG terminal commences regular operations
LNG

Wilhelmshaven LNG terminal commences regular operations

Germany-based energy company Uniper has reported that, on 28 February 2023, the final acceptance audit took place at the Wilhelmshaven LNG terminal allowing for the start of regular operations as of 1 March 2023. The audit was made by the responsible authorities under the leadership of the Oldenburg

about 3 years ago
Klaipėda LNG terminal ends 2022 with increase in gas imports
LNG

Klaipėda LNG terminal ends 2022 with increase in gas imports

The Ministry of Energy of the Republic of Lithuania has reported that in 2022, the amount of gas imported through the Klaipėda liquefied natural gas (LNG) terminal almost doubled. More specifically, 5 million cubic meters or 32.22 TWh of natural gas was delivered. The ministry also said that gas imp

about 3 years ago
Fluxys LNG opens subscription window for commercialisation of berthing rights
LNG

Fluxys LNG opens subscription window for commercialisation of berthing rights

Fluxys LNG, a part of Belgian natural gas transmission operator Fluxys, has organised a subscription window for the commercialisation of berthing rights for the year 2023. According to Fluxys LNG, small-scale ship loading and unloading services were used more than ever and the market shows interest

about 3 years ago
EU ETS
LNG

EU’s new wave of sanctions targets Russia’s Middle East shipping company

The EU has adopted a new package of sanctions against Russia and its supporters in response to Russia’s invasion of Ukraine. The tenth package of sanctions is being adopted as the world marks one year since Russia’s full-scale invasion of Ukraine and is targeting 121 entities and individuals. The pa

about 3 years ago
BP’s three incoming hydrocarbon projects to watch in 2023
LNG

BP’s GTA LNG project reaches new development stage

UK-headquartered energy major BP and partners have confirmed the development concept for the second phase of the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project off the coasts of Mauritania and Senegal. The partnership, which includes BP, PETROSEN, Société Mauritanienne

about 3 years ago
Essar launches EET to drive energy transition in UK and India
LNG

Essar launches EET to drive energy transition in UK and India

Essar Group, invested in energy, metals and mining, infrastructure, and technology sectors, has announced the formation of Essar Energy Transition (EET) to drive energy transition in the UK and India. According to Essar, EET plans to invest a total of $3.6 billion in developing a range of low-carbon

about 3 years ago
Hapag-Lloyd
LNG

Shell to provide LNG for Hapag-Lloyd’s 23,500+ TEU newbuilds

German liner major Hapag-Lloyd has signed a multi-year agreement for the supply of liquefied natural gas (LNG) with Shell Western LNG B.V (Shell). The LNG is intended for Hapag-Lloyd’s twelve ultra-large dual-fuel container vessels currently under construction at the South Korean shipyard Daewoo Shi

about 3 years ago
CMA CGM
LNG

Green Ray project targeting methane slip from LNG-fuelled engines wins EU backing

The Green Ray project, led by a consortium of companies across the shipping supply chain, has won funding from the European Union to develop solutions minimizing methane slip from marine engines. The funding worth €7 million has been secured through Horizon Europe, the EU’s key funding program for r

about 3 years ago
Avenir LNG in Germany’s first LNG ship-to-truck unloading operation
LNG

Avenir LNG in Germany’s first LNG ship-to-truck unloading operation

UK-based small-scale LNG company Avenir LNG has conducted Germany’s first direct LNG unloading operation from a transport vessel into trucks. The operation took place on 22-23 February in the Port of Mukran where the small-scale LNG transport vessel Avenir Ascension unloaded LNG directly into transp

about 3 years ago
Bulgaria on the lookout for first LNG cargo via Turkish terminal
LNG

Bulgaria on the lookout for first LNG cargo via Turkish terminal

Bulgaria’s state gas company Bulgargaz has launched a tender procedure for the supply of 500,000 MWh of liquefied natural gas (LNG) via Turkish LNG terminal for April 2023. According to Bulgargaz, this will be the first cargo to be delivered to a Turkish LNG terminal under the agreement signed by th

about 3 years ago