India, Saudi Arabia sign MoU on green hydrogen

India and Saudi Arabia have signed a Memorandum of Understanding (MoU) for grid interconnections, green/clean hydrogen, and the supply chain for the same. The MoU was signed by the union minister for power and new & renewable energy, R K Singh, and the minister of energy, Government of Saudi Arabia, Abdulaziz bin Salman Al-Saud on

Seaspan, AES sign MoU to collaborate on LNG bunkering

In a significant advance for the regional Liquefied Natural Gas (LNG) industry, Seaspan and AES, sign a Memorandum of Understanding (MoU) that contributes to the development of sustainable energy solutions for the maritime industry. In the framework of the 3rd International LNG Global Forum, held in Cartagena, Colombia, Seaspan has signed a Memorandum of Understanding

INEOS becomes Europe’s first ISCC certified green hydrogen producer

INEOS Inovyn has achieved a new ISCC certification to become the ‘first’ European company to have its renewable hydrogen fully audited with greenhouse gas (GHG) gas data certification. Expected to be Europe’s largest operator of electrolysis technology in Europe, producing 60,000 tonnes of low-carbon hydrogen annually across its portfolio, the company will now provide added

MOL forges offshore wind and green hydrogen partnership

Japanese shipowner Mitsui OSK Lines (MOL) has partnered up with EDF Renewables, a subsidiary of France’s utility EDF, to cooperate on the development of the offshore wind sector and to pursue opportunities in green hydrogen. MOL established its offshore wind business in 2021 and has since been growing its marine renewables footprint with a number

Hystar to expand electrolyser factory

Norwegian company Hystar is planning to expand its plant in Høvik, near Oslo to a capacity of 4GW a year, up from 50MW. Electrolysers are used to split hydrogen from water and are in growing demand as countries around the world look to start replacing fossil fuels with hydrogen. Hystar is also in talks over

Seaside LNG joins SEA-LNG coalition

Seaside LNG, an LNG production and maritime transportation logistics provider, announced its industry support of SEA-LNG, the multi-sector industry coalition established to demonstrate the benefits of the LNG pathway for shipping’s decarbonization. Seaside LNG is the only company with integrated shoreside liquefaction, LNG storage, and bunkering capabilities in North America. The company maintains the largest

Saudi Aramco announces first global LNG deal

Saudi Aramco announced its first global investment in liquefied natural gas, part of a broader bid by the energy giant to expand beyond oil. The company seen as the jewel of the Saudi economy said it would acquire a minority stake worth $500 million in MidOcean Energy, which is managed by the US investment firm

Essar Group’s EET Hydrogen initiates FEED for 1,000 MW plant

The project aligns with the UK’s low-carbon hydrogen initiatives and marks a pivotal step in Essar’s transition to a leading hydrogen producer, aiming to deliver 4GW of low-carbon hydrogen by 2030. Expected to be one of the world’s largest, this EET Hydrogen facility will annually produce 230,000 tonnes of low carbon hydrogen. Essar Group-led EET

IEA sees ammonia as alternative solution for shipping

The International Energy Agency (IEA) said in a 2023 update of its ‘Net Zero by 2050’ report that shipping will primarily turn to ammonia to decarbonise the sector. The ‘Net Zero by 2050: A Roadmap for the Global Energy Sector‘ report was published in 2021. It translated the goal of limiting global warming to 1.5°C

Viridis Bulk to order construction of two ammonia carriers

Norwegian government enterprise Enova has decided to grant NOK 152m ($14.1m) to Viridis Bulk Carriers for the construction of two ammonia-powered bulk carriers. Viridis Bulk Carriers expect to place orders for the two ships near the end of 2023, with deliveries starting in 2025. The two ammonia-powered bulkers, designed by Kongsberg Maritime, will have a