TotalEnergies is investing massively in renewable energy and clean and sustainable fuels, with one third of its investments now being made in these sectors as the company, most of whose currently operational projects are still in the oil & gas sector, moves towards a goal of having 50 per cent of it
Orient Express, part of Paris-based hotel conglomerate Accor, has unveiled the world’s largest wind-assisted sailing ship that will also run on liquified natural gas (LNG).
Abu Dhabi National Oil Company (ADNOC), a provider of lower-carbon intensity energy, has established ADNOC Gas, a new world-scale gas company that will combine the operations, maintenance, and marketing of the ADNOC Gas Processing and ADNOC LNG businesses into one global consolidated business. The n
Norwegian shipping company Knutsen has taken delivery of a newbuild liquefied natural gas (LNG) carrier Ferrol Knutsen from South Korean Hyundai Samho Heavy Industries (HSHI) shipyard. The delivery of another 174,000 cbm LNG carrier was confirmed in a social media update by Knutsen Group on 12 Janua
Oil and gas major Shell led the global long-term liquefied natural gas (LNG) import contract volumes signed by key purchasing companies in 2022, with a contracted capacity of 6.7 million tonnes per annum (mtpa), data and analytics company GlobalData found in its new report. According to GlobalData’s
South Korean shipbuilders secured the largest market share for high-value-added, eco-friendly vessel orders in 2022, bagging 58 percent of the total ordering tally for the year. This equals 149 vessels or 12.0 million compensated gross tonnage (CGT) out of 270 vessels (20.8 million CGT) ordered in 2
Swiss energy storage solutions company Leclanché has been selected as the battery technology provider for two hybrid ferries being built for Stena Line and Brittany Ferries. Leclanché will provide two battery systems with a total capacity of 22.6 MWh, or 11.3 MWh each, for the RoPax ferries that are
Gunvor Group, an independent trader of liquefied natural gas (LNG), has renewed its syndicated borrowing base facility to support the working capital needs of the company’s growing LNG activities globally. According to Gunvor, the syndication, signed at $1.135 billion in 2021, launched at $1.2 billi
Lady Maria Fisher, the second LNG dual-fuel tanker built for British marine engineering services provider James Fisher, has completed sea trials. According to James Fisher’s social media update from 10 January, the sea trials “ran smoothly despite the three-day delay caused by the weather conditions
CIMC Blue Water, a subsidiary of CIMC Enric Holdings, has delivered a batch of 29 LNG conversion vessels to its customer Zhuhai Port Shipping Company, a subsidiary of Zhuhai Port Holdings Group. This is the largest delivery of a single batch of oil-to-gas converted vessels in China, and according to
Oil and gas giant Shell has signed multiple partnership agreements with Oman’s Ministry of Energy and Minerals, Oman LNG and OQ, former Oman Oil Company, in fields of liquefied natural gas (LNG) and hydrogen. On 10 January, Oman LNG revealed it had signed a term sheet with Shell International Tradin
UK’s cleantech company Silverstream Technologies has signed a deal with China Merchants Energy Shipping (CMES) to install its air lubrication technology on four 175,000cbm LNG carriers being built at Dalian Shipbuilding Industry Company (DSIC). The agreement includes four firm installations of the
Deutsche Umwelthilfe e.V. (DUH), a non-profit environmental and consumer protection association, has filed an objection to the operating license and water law permit of the floating storage and regasification unit (FSRU) Höegh Esperanza in Wilhelmshaven. The floating LNG terminal in Wilhelmshaven wa
Pakistan’s government has decided to sell two LNG-fired plants to Qatar in a direct $1.5 billion deal to avoid a looming sovereign default, according to reports by Pakistani media outlets. Pakistani daily newspaper The Express Tribune writes that “the government has quietly delisted two power plants
