Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand.
Montenegro’s Minister of Finance, Aleksandar Damjanović, and representatives of the United States (US) Department of State have discussed the economic relations between the two countries with an emphasis on cooperation in the field of energy, agreeing to take action in regard to the Bar LNG terminal
French LNG expert Elengy, a part of ENGIE Group, has teamed up with compatriot solutions operator Delta Rail to launch a new LNG container loading service from multimodal platforms remote from the LNG terminals operated by Elengy. Namely, Elengy operates Montoir-de-Bretagne on the Atlantic coast, Fo
Brazilian energy companies Comerc Eficiência and Casa dos Ventos have signed a Memorandum of Understanding (MoU), that includes ammonia, with the TransHydrogen Alliance (THA), a consortium formed by Proton Ventures, GES, Trammo DMCC, and Varo Energy, whose objective is to create new supply chains fo
Maritime and Port Authority of Singapore (MPA) has decided to discontinue the 50% harbour craft port dues concession which was launched in 2021 for floating storage units (FSUs) / floating storage regasification units (FSRUs) supporting LNG bunkering and breakbulk activities in port. The discontinua
After boosting its annual profits in 2022, TotalEnergies plans to strengthen its position in Europe by pursuing further LNG growth.
A.P. Moller Maersk has been a strong supporter of decarbonization in the maritime industry and it is targeting to become a net zero-company by 2040. Nevertheless, despite strong ambitions and targets, the business works in such a way that achieving these targets is often impacted by market condition
Sweden-based OX2 has entered into a partnership with the Norwegian consumer goods company Orkla to supply green hydrogen to the company’s Haraldsby factory in Åland. The aim of the cooperation is to assess and plan the supply of hydrogen from 2025. The hydrogen for Orkla’s factory in Saltvik, Åland
Northern Lights, a joint venture (JV) of energy majors Shell, Equinor and TotalEnergies, has reached a new milestone for its LNG-powered, wind-assisted CO2 transportation ships. According to the project’s update on social media, the steel cutting for the CO2 transportation tanks has been carried out
Technology company IDTechEx has forecasted that the water electrolyser market will grow to over $120 billion by 2033. In its ‘Green Hydrogen Production: Electrolyser Markets 2023-2033’ report, IDTechEx noted that the plans from the European Union (EU), from the RePowerEU strategy, and the USA, from
Holland Shipyards Group (HSG) has selected marine battery manufacturer AYK Energy to supply lithium batteries for the retrofit of FPS Waal, the inland container vessel owned by Dutch shipping company Future Proof Shipping (FPS). The FPS Waal is the second inland containership in FPS’ fleet that will
Energy company TotalEnergies Marine Fuels has completed its first refuelling of a Hapag-Lloyd container vessel in Singapore with sustainable marine biofuel.
Abu Dhabi-based clean energy company Masdar and Austria’s energy utility company Verbund have signed a Memorandum of Understanding (MoU) to explore the production of green hydrogen for the Central Europe market. As per the agreement, the two companies will cooperate on developing pathways to produce
Swedish electrofuel developer Liquid Wind has submitted an application seeking an environmental permit for its second commercial-scale green electrofuel facility FlagshipTWO, located in Sundsvall. Liquid Wind has applied for the environmental permit for the 100,000-ton FlagshipTWO at the Land and En
