Provaris partners with NMM for compressed hydrogen project

Provaris Energy has signed an MoU with Northern Marine Management (NMM) to support the ongoing engineering and development of its compressed hydrogen carrier project. As part of the deal, NMM offers specialist technical and operational services to support Provaris’ 26,000 cu m vessel, dubbed H2Neo, through class and flag approval, shipbuilding contract talks, newbuild supervision,

LNG prices to stay high for few years: Woodside

Australia’s top independent natural gas producer, Woodside Energy Group, says that liquefied natural gas (LNG) prices will stay high for a few years as the market adjusts to supply disruptions after sanctions on Russia for its Ukraine invasion. According to the Australian company, the global LNG market was already tight before the invasion because of

New energy infrastructure taking shape in Europe

The European Commission had proposed an outline of a new energy plan in March 2022 and called REPowerEU to make Europe independent from Russian fossil fuels well before 2030. It has presented €300 billion plan on how the EU can wean itself from Russian fossil fuels. As part of that plan new gas pipeline interconnectors

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Maran Gas extends optimised maintenance agreement with Wärtsilä

The technology group Wärtsilä has signed a renewal of its Optimised Maintenance Agreement with the Greek shipping company Maran Gas Maritime. The new agreement will run for five additional years, and is designed to ensure operational certainty with controlled and predictable costs for Maran Gas’s fleet of 21 TFDE LNG carrier vessels. The signing took

AP inks MoUs with Adani Green for projects worth $774 mn

Andhra Pradesh (AP) signed Memorandum of Understanding (MoU) with Adani Green Energy to set up two Mega Green Energy projects at an estimated cost of Rs 60,000 crore ($774 million) in the State. As part of the deal Adani will establish a 3,700 MV hydro storage project, and a 10,000 MW Solar Power Project. In

PowerX raised funding to carry electricity from offshore wind farms to shore

PowerX has raised ¥4.1bn ($32.5m) to fund its project to carry electricity from offshore wind farms to shore in containerised batteries by 2025. The Japanese power transfer vessel developer’s financing round was co-led by Spiral Capital and Nippon Gas, and also involved the likes of Mitsui & Co. and banks MUFG and Mizuho Capital. Nippon

Trafigura teams up with Palantir to introduce platform for emissions calculation

Trafigura, a commodity trading company, teams up with Palantir Technologies to bring to market a platform for carbon emissions calculation. The platform will be configured with Palantir’s Foundry operating system that will help consortium partners with a calculation of carbon intensity across supply chains. It will help in increasing transparency of emissions from the production,

Fulcrum commences syngas production at Sierra plant

Fulcrum BioEnergy commissioned the world’s first landfill waste-to-syngas phase and initial operations have started at Sierra biofuels plant. The facility is processing prepared waste feedstock and producing hydrocarbon synthetic gas, or syngas, ready for conventional Fischer-Tropsch fuel production that will take place on site. The plant, which is located outside of Reno, Nevada, includes both

Research at WSU on hydrogen-powered vehicles progressing ahead

Washington State University (WSU) researchers have progressed ahead in finding out a way to make non-polluting, hydrogen-powered vehicles feasible. The process used by the researchers is a small electrical charge in combination with ethanol and water to produce hydrogen gas. They found that gas can then be used as a carbon-free fuel for motor vehicles.