UTM Offshore signs an agreement with Afreximbank for FLNG project financing

Afreximbank bank will part-finance activities designed to progress the first Floating Liquefied Natural Gas (FLNG) project in Nigeria being developed by UTM Offshore Limited. As per the deal, a continuation of the support of Afreximbank, which has been leading UTM’s fundraising efforts to secure the necessary investments required for the project’s implementation. In line with

Crude oil output in India increased by 4.6% in May

India’s crude oil production has increased by 4.6 per cent year-on-year to 2.6 million tonnes (MT) in May 2022. Compared with the target for the month, the output was higher by 2.4 per cent. Cumulatively, the output during the first two months of FY23 rose around 2 per cent Y-o-Y to 5.1 MT, while it

Korea Gas to shift its focus to hydrogen

Korea Gas plans to win benefits from its current business as it shifts to a future focused on hydrogen. The company which is one of the world’s largest liquefied natural gas importers is joining several global energy majors like BP in pushing the case for hydrogen. Also known as Kogas, the company expects to begin

Wärtsilä to partner with Capwatt in green hydrogen blending

The technology group Wärtsilä will collaborate with the Portuguese energy solutions provider and independent power producer Capwatt in the testing of a green hydrogen and natural gas blend fuel for Capwatt power plant located in Maia. The project will start in Q1, 2023 and it aims at testing blends of up to 10 vol.% green

Research initiated on hydrogen blend with natural gas

Scientists from the US have presented research into the use of hydrogen blended with natural gas as a bridging energy to achieve long-term carbon neutrality. This strategy could potentially help meet net-zero targets whilst still ensuring energy security in the short term. Their review study has appeared in the journal Energies. Hydrogen has been widely

Germany plans to turn LNG terminals into green hydrogen hubs

Germany is building more LNG terminals to make up for the loss of Russian gas. In a few years, some of that infrastructure could be used to handle green fuels that power grids and heat homes. Germany plans to abandon fossil-fueled power by 2035. But instead of shutting down natural gas infrastructure, it’s speeding up

India is on the right path towards energy sustainability for future

Of late, Indian industry has made important progress on energy transition and emissions reduction. However, if long term sustainable growth is to be achieved in combination with global ambition to address climate change, more fundamental changes will be required to reduce emissions. Mr Gurmeet Singh, Director General of Federation of Indian Petroleum Industry (FIPI), in

Radiation – A major overlooked source of natural gas generation in shales

A substantial fraction of shale gas – potentially more than 25% in some regions – has been produced by radioactive decomposition of organic matter, a mechanism that had been dismissed as unimportant, researchers claim. They believe the discovery could prove crucial for monitoring emissions near fracking sites to ensure that the potent greenhouse gas methane

Conversion of plastic waste into low-carbon hydrogen fuel

Scientists from Nanyang Technological University have found a way to convert plastic waste into low-carbon hydrogen, which is considered a cleaner fuel than natural gas. The discovery, which could power vehicles and contribute to the power grid in as soon as three years, comes as the Republic looks to adopt hydrogen as an alternative fuel,

NTPC enters into partnership with Gujarat Gas for blending green hydrogen

NTPC has inked a pact with Gujarat Gas Ltd for an initiative to blend green hydrogen with the piped natural gas (PNG) supplied by the latter. Green hydrogen will be produced by using electricity from the existing 1 MW floating solar project of NTPC Kawas. This will be blended with PNG in a pre-determined proportion