Outlook & Strategy
World’s first cost-efficient green methanol pilot plant inaugurated in Germany
The German research consortium has inaugurated the world’s first pilot plant for the cost-efficient production of green methanol in the Leuna Chemical Park. The pilot plant was inaugurated on November 20 as part of the Leuna100 project which was launched in the Leuna Chemical Park in August 2023 and
Stolt Tankers orders six future-proof parcel tankers in China
Tanker operator Stolt Tankers, part of Stolt-Nielsen Limited, has ordered six 38,000 dwt stainless steel parcel tankers in China.
Hy2gen and Amogy team up on ammonia-powered energy solutions
Hy2gen Norge, a subsidiary of hydrogen company Hy2gen, and Amogy, an ammonia power solutions company, have signed a memorandum of understanding (MoU) to collaborate in the field of renewable ammonia in Norway. The agreement encompasses the pooling of resources to advance the use of renewable ammonia
KNCC says its LCO2-EP technology is proven and ready for commercialization
Knutsen NYK Carbon Carriers AS (KNCC), a joint venture established last year between Japanese shipping major NYK and Norway’s Knutsen Group to transport liquid CO2, revealed that its LCO2-EP technology to store and transport liquefied CO2 at ambient temperature tested and proved at the test-rig faci
Egyptian govt taps Jan De Nul for Egypt-Europe undersea export cable
Jan De Nul has signed an agreement with the Egyptian government, represented by the Egyptian Electricity Transmission Company (EETC), to start a study for the construction of an undersea export cable between Egypt and Europe. In late September, the Egyptian government reaffirmed its plans to build a
Marine Energy Wales applauds price increase for offshore renewables in next CfD auction
Marine Energy Wales has welcomed the increase in administrative strike prices for offshore wind and tidal energy in the next UK government’s contracts for difference (CfD) allocation round.
European ministers urged to streamline renewable hydrogen financing
In a joint letter, CEOs from the Renewable Hydrogen Coalition (RHC) have urged European Ministers of Finance to streamline financing to renewable hydrogen and electrolyzer manufacturing capacity within Europe and allocate national budgets to the European Hydrogen Bank. According to the CEOs, the cri
GAZ-SYSTEM puts Gdańsk FSRU 2 on hold as open season procedure ends with insufficient number of binding orders
Poland’s natural gas transmission system operator GAZ-SYSTEM has closed the submission phase for binding offers in its open season FSRU 2 procedure which did not result in a sufficient number of binding orders to proceed with the implementation of the project envisaging installation of the second FS
WinGD methanol-fueled engines picked for six green boxships
WinGD is to supply X-DF-M methanol-fueled engines for a series of 6 container vessels to be built at Yangzijiang Shipbuilding.
Argeo formalizes AUV order with Kongsberg
Marine survey contractor Argeo has formally signed the contracts with Kongsberg for the purchase of three Hugin autonomous underwater vehicles (AUVs). In September Argeo announced the purchase of three new AUVs from Kongsberg, two Hugin Superiors and one Hugin 6000. The contracts for all three vehic
Eneco plans to build 800 MW green hydrogen plant in Europoort
Dutch energy company Eneco has submitted a planning application for the construction of a green hydrogen production plant in Rotterdam’s Europoort industrial area. Eneco plans to develop the Eneco Electrolyzer plant which will use renewable energy from solar parks and wind farms to produce clean hyd
HGK Shipping orders eco-friendly dry cargo ship for Salzgitter Flachstahl
HGK Shipping, part of Germany’s integrated logistics group HGK, has ordered a new, low-emission dry cargo ship from the Dutch shipyard De Gerlien van Tiem.
Petrobras and European Energy looking into e-methanol opportunities in Brazil
Brazilian state-owned oil and gas giant Petrobras and Danish company European Energy have signed a memorandum of understanding (MoU) to investigate business opportunities for developing an e-methanol plant in Brazil, on a non-binding basis. According to Petrobras, the companies have vertically integ
Northern Lights, Yara seal binding CO2 transport and storage deal
Norwegian-based ammonia player Yara International has signed a binding commercial agreement with Northern Lights, a CO2 transport and storage supplying JV created by energy majors Shell, Equinor, and TotalEnergies, which is expected to pave the way for the world’s first cross-border transportation a