US liquefied natural gas (LNG) export project developer Venture Global LNG and China Gas Hongda Energy Trading, a wholly-owned subsidiary of China Gas Holdings, have signed two 20-year LNG sales and purchase agreements (SPA). Venture Global said that, under the deals, China Gas will buy 1 million to
Belgian green hydrogen company Tree Energy Solutions (TES) and Zurich-based energy provider Energie 360° have teamed up to supply green energy to the industry and support each other in achieving their decarbonisation goals. To this end, the companies have signed a letter of intent under which TES ai
After more than doubling its annual profit in 2022, Eni has unveiled a strategic plan forward, putting the diversification of energy sources’ geographic mix at its core.
In response to the expected strengthening of decarbonization goals for the shipping industry, South Korea has released a strategy aiming to decarbonize its shipping industry by 2050. The strategy is being released ahead of the anticipated 80th meeting of the Marine Environment Protection Committee (
Copenhagen Infrastructure Partners (CIP), a major in offshore wind development, has acquired a majority stake in a blue ammonia project which will be developed alongside US-based Sustainable Fuels Group (SFG). While the financial terms of the transaction were not disclosed, CIP said it has acquired
Port of Rotterdam has seen a number of investments in energy transition projects in 2022 worth a total of approximately € 3 billion. Some of these projects include investments in a major biorefinery and Europe’s largest green-hydrogen plant. To remind, in July 2022 subsidiaries of Shell have taken t
Cheniere Energy Partners, a subsidiary of Cheniere Energy, has initiated permitting process for the expansion of LNG export capacity at the Sabine Pass terminal located in Cameron Parish, Louisiana. Cheniere announced on 23 February that the pre-filing review process has been initiated under the Nat
Norwegian ferry operator Norled AS has welcomed into the fleet the first of two hybrid battery-electric express ferries, built by compatriot OMA Baatbyggeri. The delivery of MS Frey follows the successful commissioning of the diesel-electric systems integrated by SEAM, a Norwegian supplier of zero-e
Finnish technology group Wärtsilä has signed a five-year renewal of its existing maintenance agreement with Norway’s Höegh LNG Fleet Management (HLNG). The renewed agreement includes the delivery of spare parts and field maintenance services, as well as Wärtsilä’s latest digital solutions, and exten
Due to high prices and the demand for energy security, the US is poised to become the leading exporter of LNG in 2023 and potentially pave the way for $100 billion in new developments to support long-term growth, according to a new report from energy intelligence group Wood Mackenzie. In 2022, the U
US natural gas company Tellurian has ended the fourth quarter of 2022 with the first phase of Driftwood LNG under construction, an increase in natural gas production, and $474.2 million of cash and cash equivalents. It also completed the acquisition of natural gas assets of approximately 5,000 net a
Gulfstream LNG Development, a recently launched mid-sized greenfield LNG export project, has filed an application to the United States Department of Energy (DOE) seeking authorisation to export up to 4 million tonnes per annum (mtpa) of LNG to free trade agreement (FTA) and non-FTA countries. The ap
In its new report ‘Blue Hydrogen Production and Markets 2023-2033: Technologies, Forecasts, Players,’ technology company IDTechEx has forecasted that the global blue hydrogen market will grow to reach $34 billion by 2033. The company predicted that future blue hydrogen demand will be mainly driven b
The Hydrogen Innovation – Future Infrastructure & Vessel Evaluation and Demonstration (HI-FIVED) consortium led by vessel provider ACUA Ocean in partnership with infrastructure provider Unitrove has won a £3.8 million UK government grant to build and showcase its innovative autonomous vessel and bun
