Germany’s chemical producer BASF has secured the approval of funding from the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and the State of Rhineland-Palatinate to build a proton exchange membrane (PEM) electrolyzer which is expected to produce up to 8,000 metric tons of hy
The International Energy Agency (IEA): The time has come for the oil and gas industry to take a firm stand during the transition era.
In the ongoing contest for control of South Korean shipping line HMM, Dongwon Group and Harim Group have emerged as the primary contenders, narrowing down the field in this maritime competition. Previous reports indicated that four companies from South Korea were in the bidding race including, SM Gr
Belgian energy infrastructure group Fluxys and its subsidiary Fluxys LNG have opened a call for market interest regarding the expansion and reshaping of the terminal in Zeebrugge for the import of hydrogen and hydrogen derivatives. The call was launched on November 22, 2023, and will run until Febru
Energy conglomerate ČEZ Group has contracted a long-term annual capacity of 2 billion cubic meters at the LNG Stade terminal in Germany, strengthening the energy security of the Czech Republic. The capacity at the terminal has been leased for 15 years, with an option to extend this to 25 years in co
Equinor has received consent for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig.
Hong Kong-based marine fuel oil supplier Chimbusco Pan Nation Petro-chemical (CPN) has successfully delivered over 2,000 metric tonnes of B24 marine biofuel to a vessel operated by Danish shipping giant Maersk.
Sealhyfe, an offshore hydrogen production pilot launched in 2022 by French company Lhyfe, has completed sea trials and achieved all objectives set at the time of its launch. Following this, the pilot platform will now return to the Quai des Frégates in Saint-Nazaire. Lhyfe launched the world’s first
Dealfeng New Energy Technology, a Chinese technical-based company integrating R&D and manufacturing of wind auxiliary propulsion rotor sail systems, has completed the installation of its rotor sails on a 5,000-ton class product oil tanker. The company said that the installation of its set of 4m x 16
Prysmian’s new cable-laying vessel Monna Lisa has reached the hull erection stage, marking the start of assembly and preparing to be launched into the water. The addition of Monna Lisa will expand Prysmian’s installation fleet to six cable-laying vessels and will have installed the same main equipme
The joint Norwegian-German feasibility study on a hydrogen value chain between Norway and Germany has shown that, given a number of assumptions, it is technically possible to establish a value chain for transporting large quantities of hydrogen from Norway to Germany. The study was commissioned by t
UK-based Rovco has completed all survey work on behalf of Flotation Energy and Vårgrønn for the planned Cenos floating offshore wind farm in Scotland. The Cenos floating offshore wind farm is located in the Central North Sea, 200 kilometers off the coast of northeast Scotland. The geo-environmental
The European Commission (EC) has launched the first auction under the European Hydrogen Bank to support renewable hydrogen production in Europe, with an initial €800 million of emissions trading revenues available to producers in the European Economic Area (EEA). The auction, which is funded by the
Jersey Oil & Gas has agreed to sell a partial stake in an asset on the UK Continental Shelf (UKCS) to Serica Energy.
