At POWERGEN International 2023, Chinese oil and gas company Jereh has showcased its Turnkey Power Generation and Power Storage Solutions which are expected to contribute to reducing the overall carbon footprint and increasing efficiency. One of the products to lower emissions and increase efficiency
Bore Ltd., part of Spliethoff Group, held a christening ceremony for its third and final LNG-fueled shortsea roll-on/lift/off (RoLo) vessel in Amsterdam on 21 February. The vessel was named Bore Wind and it belongs to a series of three ice-class 7,000 dwt ships built at the WuHu Shipyard in China. T
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
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 (
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
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
China’s first domestically built LNG bunkering vessel has completed its first ship-to-ship bunkering operation. The bunkering op was completed on January 18 and it saw the 30,000 cubic meters LNG bunkering ship Hai Yang Shi You 301 (Offshore Oil 301) refuel CMA CGM’s 23,000TEU dual-fuel container sh
French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two new LNG carriers. GTT will design the tanks of the two vessels, and each will offer a total cargo capacity of 174,000 m3. The tanks will be
US liquefied natural gas (LNG) export company Freeport LNG Development has received regulatory approval to commence commercial operations of the company’s natural gas liquefaction and export facility in Texas, USA. According to Freeport LNG, the authorisation provides for the immediate full return t
Japanese shipping major Mitsui O.S.K. Lines (MOL) has joined forces with compatriot tech company Air Water to jointly study the trial use of liquefied bio-methane (LBM) derived from cattle manure onboard liquefied natural gas (LNG)-fueled vessels.
