Plug Power plans hydrogen plant in Finland

The firm said the plants would be located in the port cities of Kokkola and Kristinestad (Kristiinankaupunki in Finnish) on Finland's west coast as well as in Porvoo in the southeast.

BPCL and BARC collaborate for electrolyser technology

The oil marketing firm will utilise a third-party venture to set up the electrolyser-making facility, whereby the alkaline electrolyzers thus produced will likely cost 20 to 30 percent less than the current rate of about $800 per kW. BARC's technology enables the production of cost-effective electrolysers, with the potential for reducing the cost led by technological and economic innovations.

ISTS charges on offshore wind, hydrogen, and ammonia projects waived

The off-shore projects commissioned from January 1, 2033, would be given graded ISTS charges. Earlier, all wind energy projects were provided waivers up to June 30, 2025.

Eesti Gaas buys more LNG cargoes

Eesti Gas, which is branded internationally as Elenger, said in a statement issued on May 25 that it has “committed to bring 14 LNG cargoes from different suppliers to its customers by the fall and plans to add some more in the fourth quarter.”

Port of Aberdeen selects Subsea 7 for hydrogen storage

The Oslo-listed company will carry out extensive engineering studies to identify the optimum technology solution and a suitable offshore site, as well as outline a business case.

Hydrogen projects continue to accelerate

The announced projects represent $320 billion investments through 2030. While renewable generation is projected to reach 80 per cent of the global energy mix by 2050, this will require annual investments in energy supply and production of circa $1.5 trillion by 2035.

FPS launches hydrogen vessel from Rotterdam

Nike introduced the H2 Barge 1 at its European Logistics Campus in Laakdal, Belgium. As part of its journey toward a zero carbon and zero waste future,

H2X Global secures hydrogen trucks order from Renova AB

The order is expected to be fulfilled over several stages and on completion, Renova will have Sweden’s largest fleet of hydrogen-powered trucks.

Ocean Yield signs deal for nine ammonia newcastlemax

The final deal will see eight or nine ships delivered between the third quarter of 2024 and the fourth quarter of 2025 under a 15-year bareboat charter with CBM subsidiaries.

CMES orders LNG newbuilds

The Shanghai-listed energy transport unit of China Merchants Group has signed for a pair of 175,000 cu m liquefied natural gas (LNG) carriers in a $470m deal, or $235m per unit.