China Merchants inks LNG carrier deal with Sinochem

China Merchants Energy Shipping (CMES) has landed a long-term charter agreement with Sinochem Petroleum Shipping Singapore, a subsidiary of Sinochem Energy, for three of its liquified natural gas (LNG) carrier newbuilds. The Shanghai-listed energy transport unit of China Merchants Group said the deal involves the 175,000 cu m trio built by Dalian Shipbuilding Industry Corporation

KFAS, KISR, and Q8 Research agree to produce biofuel from plastic waste

The Kuwait Foundation for the Advancement of Science (KFAS), the Kuwait Institute for Scientific Research (KISR) and the Q8 Research and Technology Center signed a tripartite agreement to implement a project to produce biofuel from plastic waste. The KFAS-funded project is one of the most important national projects in the field of environmental conservation and

Tata Power, JLL agree to offer green energy solutions for real estate

Tata Power has inked a Memorandum of Understanding (MoU) with JLL India, to promote green energy solutions in the real estate sector. As part of the partnership, both businesses will work together to assess potential opportunities to expand Tata Power’s Green Energy offerings across the client portfolios of JLL India, which is present in 11

New hydrogen production plant at Pyeongtaek launched in South Korea

South Korea has launched a 2,555 t/yr hydrogen production plant in Pyeongtaek, its first such facility in a metropolitan area, according to the country’s industry and trade ministry. The Pyeongtaek hydrogen plant is the country’s second such facility, following the launch of the Changwon production plant in Gyeongsangnam-do that has been operating since the end

First LNG dual fuel shuttle tanker delivered

A dual-fuel LNG shuttle tanker ordered by Knutsen NYK Offshore Tankers AS, which is an affiliate of NYK, was delivered at Daewoo Shipbuilding & Marine Engineering Co. Ltd. The vessel has been named Frida Knutsen. The shuttle tanker will be chartered to ENI Trade & Biofuels S.p.A, a subsidiary of Ente Nazionale Idrocarburi S.p.A, and

Dual-fueled Tiger Bintulu made Bintulu Port its maiden port of call

The world’s largest and first dual-fueled LNG ISO tank carrier, the Tiger Bintulu, has made Bintulu Port its maiden port of call. Bintulu Port Sdn Bhd (BPSB) said the 192-metre-long vessel arrived at BPSB’s Bintulu International Container Terminal carrying 400 units of empty LNG ISO tanks. The vessel belongs to Tiger Gas Group. Bintulu Port

James Fisher, NMDC Group to work together on energy transition projects

James Fisher and Sons plc and Abu Dhabi’s NMDC Group have signed an MoU to collaborate on key projects and opportunities in the oil and gas sector as well as decommissioning, offshore wind and marine civil construction industries worldwide. The collaboration will enable James Fisher and NMDC to expand their capabilities jointly in offshore wind,

Indian government revised windfall tax on Crude

The government has once again revised the newly-introduced windfall tax levied on crude, diesel and jet fuel (ATF). The tax on domestically produced crude oil has been raised to ₹17,750 ($226.14) per tonne from ₹17,000 per tonne, while export taxes on jet fuel has been cut to zero from ₹4 per litre. The excise duty

NYK and Astomos Energy participate in marine biofuel data collection

NYK and Astomos Energy Corporation have participated in a marine biofuel demonstration project launched by the Global Center for Maritime Decarbonisation (GCMD), a non-profit organization aiming to promote decarbonization of the maritime industry. Biofuels can be used without remodeling the existing ship’s engines and infrastructure. Furthermore, although biofuels generate CO2 when combusted, they are considered

Enbridge and Pacific Energy to invest in Woodfibre LNG project

Enbridge Inc. and Pacific Energy Corp. formed a partnership agreement to invest in the construction and operation of the C$5.1 billion ($3.98 billion) Woodfibre LNG project in British Columbia. The Woodfibre LNG project is a 2.1 million-metric-ton-per-year export facility being built near Squamish, underpinned by two offtake agreements with BP Gas Marketing Ltd. for 15