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Clean Fuel

COSCO Shipping Energy buys into MOL’s LNG carrier trio

China’s tanker major COSCO Shipping Energy Transportation Co. revealed that it will take part in the investment and construction of three LNG carriers. This endeavor will see COSCO Shipping LNG Investment acquire a 49% stake in three single-ship companies established by Japanese Mitsui O.S.K. Lines,

about 3 years ago

Clean Fuel

HD Hyundai strikes deal for 16 sets of methanol-powered engines

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HD Hyundai Heavy Industries – Engine & Machinery has signed a contract for a total of 16 sets of methanol-powered engines.

about 3 years ago

Clean Fuel

New hydrogen hub in Australia in the works

Australia’s Albanese and Malinauskas Governments have finalized a grant agreement to develop the Port Bonython Hydrogen Hub near Whyalla. Together, both governments are investing $100 million to develop infrastructure at Port Bonython and prepare it to become South Australia’s (SA) first large-scale

about 3 years ago

Saad Sherida Al-Kaabi, Qatar's Minister of State for Energy Affairs, President and CEO of QatarEnergy; Source: QatarEnergy

Clean Fuel

QatarEnergy CEO sees natural gas as ‘indispensable’ not just for energy transition but also after 2050

The CEO of QatarEnergy has spotlighted the role of natural gas in the evolving energy landscape and the energy transition era.

about 3 years ago

Clean Fuel

NKT cable-laying vessel moves to biofuel

Denmark-based NKT has certified its cable-laying vessel (CLV) NKT Victoria to use biofuels such as hydrotreated vegetable oil (HVO) as part of its decarbonization goals. NKT reported that the certification allows the reduction of carbon footprint from the vessel’s fuel consumption by more than 98%.

about 3 years ago

Clean Fuel

QatarEnergy LNG awards CO2 sequestration deal to Worley

Australia’s engineering company Worley has secured a contract with Qatargas, which recently rebranded to QatarEnergy LNG, to provide front-end engineering design (FEED) services for a CO2 sequestration project in Ras Laffan, Qatar. According to Worley, the contract covers the FEED study and engineer

about 3 years ago

Clean Fuel

Princess Royal unveils £420 million Aberdeen Port expansion

The Port of Aberdeen, the UK’s oldest business, now boasts the country’s newest harbor, signaling a vibrant future for energy, trade, and tourism in Scotland’s journey towards net zero emissions. Namely, the port’s £420 million (USD 514 million) expansion project was officially inaugurated on Friday

about 3 years ago

Clean Fuel

In focus: Is climate crisis a ‘fossil fuels crisis’?

With only two months left until the COP28 climate summit in Dubai, all eyes are turned to global leaders to take concrete steps to keep the goal of limiting global warming to 1.5 °C within reach. While the fossil fuels industry faces growing dissatisfaction from environmental activists, leaders from

about 3 years ago

Peninsula Petroleum's first LNG deal breaks records

Clean Fuel

Itochu & Peninsula ally on development of ammonia bunkering in Spain

General trading company Itochu Corporation and marine fuels supplier Peninsula Petroleum have executed a memorandum of understanding (MoU) on the joint development of ammonia bunkering in Spain. Itochu stated that, together with Peninsula and future partners, it aims to establish a global ammonia su

about 3 years ago

Clean Fuel

PETRONAS, MISC, and MOL forge pact on LCO2 carrier development

Malaysia’s state-owned energy giant PETRONAS, through its wholly-owned subsidiary PETRONAS CCS Ventures, has teamed up with compatriot shipowner MISC Berhad and Japanese shipping major Mitsui O.S.K Lines (MOL) on the development and commercialization of Liquefied Carbon Dioxide (LCO2) carriers. The

about 3 years ago

Clean Fuel

US DOE to hand out $47.7 million to advance clean hydrogen technologies

The U.S. Department of Energy (DOE) has announced $47.7 million in funding for 16 research, development and demonstration (RD&D) projects across 13 U.S. states to advance clean hydrogen technologies. Managed by the Hydrogen and Fuel Cell Technologies Office (HFTO), DOE said the projects will focus o

about 3 years ago

Clean Fuel

CMA CGM’s 13K TEU LNG-powered containership hits the water

A colossal containership sporting a green livery and a prominent LNG-powered designation on its hull has hit the waters at Chinese shipbuilding major Hudong Zhonghua. The LNG dual-fuel 13,000TEU container ship (H1841A), named CMA CGM Paraty, was built for the French CMA CGM Group. The ceremony was h

about 3 years ago

Clean Fuel

Sempra’s Port Arthur LNG Phase 2 receives FERC authorization

The Federal Energy Regulatory Commission (FERC) has approved the permit authorizing the Port Arthur LNG Phase 2 expansion project under development at Port Arthur LNG in Jefferson County, Texas, by Sempra Infrastructure, a subsidiary of Sempra. Sempra announced the authorization on September 21, sta

about 3 years ago

Clean Fuel

Elyse Energy, Hy24 and Mirova pen e-fuels financing deal

E-fuels company Elyse Energy, Hy24, managing a clean hydrogen infrastructure fund, and Mirova, an affiliate of Natixis Investment Managers, have signed a financing deal to support the development of Elyse Energy’s e-methanol and sustainable aviation fuels (SAF) projects in France and Spain. Specific

about 3 years ago