Gas price caps would decrease the incentive for exploration in Australia and risk security of long-term supply, says report.
US energy tech giant Baker Hughes and Australian energy company Woodside have entered into a memorandum of understanding (MoU) to explore initiatives that may have the potential to support Woodside’s climate strategy and decarbonisation pathways. Under the MoU, the parties will identify opportunitie
While pondering whether gas is the green choice to bolster decarbonisation, Wood Mackenzie has been reviewing Scope 1, 2 and 3 emissions.
The launch of operations at the floating liquefied natural gas (LNG) terminal in Lubmin, Germany, has been delayed for several weeks, according to reports by Der Spiegel news magazine. Germany’s first private LNG terminal was scheduled to begin operations at the beginning of December. The first floa
German energy company EnBW has revealed plans to import three billion cubic metres (cbm) of liquefied natural gas (LNG) per year via Hanseatic Energy Hub (HEH) in Stade. EnBW booked long-term capacity at HEH’s terminal in the past few days as part of a sales process and expects to make a significant
A liquefied natural gas (LNG) tank for Germany’s largest integrated bio-LNG plant has arrived in Rostock harbour, plant construction company EnviTec Biogas informed. According to EnviTec’s social media update, the almost 40-metre long and over 5-metre high LNG tank arrived in Rostock harbour on 7 De
Cameron LNG, a joint venture of Sempra Infrastructure, Mitsui & Co., Mitsubishi Corporation, TotalEnergies, and NYK Line, has partnered with electric service provider Entergy Louisiana to reduce its overall greenhouse gas (GHG) emissions. The parties have signed a memorandum of understanding (MoU) t
Members of the OCEAN Alliance, CMA CGM, COSCO Shipping Lines, OOCL and Evergreen have signed the Ocean Alliance Day 7 Product, which will launch in January 2023 with 40 services and an annual capacity of 22.4 million TEUs. It has been announced that 26 dual-fuel, LNG-powered CMA CGM ships would be a
UK and US have formed a new energy partnership to increase energy security and drive down prices, as part of an initiative announced today by Prime Minister Rishi Sunak and US President Joe Biden. Under the new ‘UK-US Energy Security and Affordability Partnership’, the parties will work together to
Environmental group Friends of the Earth has filed a legal challenge against the UK’s government decision to approve $1.15 billion of financing for the Mozambique LNG project led by French energy major TotalEnergies. The move comes after the judicial review, brought by Friends of the Earth, ended up
French ferry operator Corsica Linea has revealed that its first roll-on/roll-off passenger (RoPax) ferry powered by liquefied natural gas (LNG) A Galeotta was delivered.
Tallink Superfast Ltd, a subsidiary of Estonian shipping company Tallink Grupp, has taken delivery of the new fast passenger ferry MyStar from Finnish shipbuilder Rauma Marine Constructions (RMC). Described as “the newest and most technologically advanced vessel on the Baltic Sea”, MyStar was delive
Swiss marine power company WinGD has received orders from two LNG carrier operators for its WinGD Integrated Digital Expert (WiDE) engine monitoring, diagnostics and remote support service.
Sam Reynolds, IEEFA’s (The Institute for Energy Economics and Financial Analysis) Energy Finance Analyst has warned that new LNG projects may face delays and cancellations due to unaffordable fuel prices. According to the analysis, the demand for LNG, once heralded as “the champagne of fuels,” keeps
