TotalEnergies said it will launch the first phase of front-end engineering and design (FEED) studies for the Papua LNG project’s upstream production facilities in Papua New Guinea (PNG). The Papua LNG project is well positioned to contribute to growth in LNG supply worldwide, especially for customers in Asia seeking to decarbonise from coal to gas,
Marine fuel sales at the United Arab Emirates’ Fujairah fell to a four-month low in June as high bunker premiums and tight supplies capped uptake. The third largest bunkering hub in the world registered bunker sales volumes 13% less month-on-month at 647,184 cubic meters (about 619,602 tonnes) in June. Combined low-sulphur bunker sales in June
Tata Steel has signed an agreement with BHP to jointly study and explore low-carbon iron and steelmaking technology. Under the partnership, the Indian steelmaker and the Australian mining and metals company plan to reduce emission intensity through the use of biomass as a source of energy and the application of carbon capture and utilisation in
ACWA Power and its partners have begun the construction work at the world’s largest green hydrogen project in NEOM. The plant will need around 4.3 GW of clean energy to power it, and ACWA plans to use solar during the day and wind at night to eliminate the need for batteries and expensive storage solutions.
Iranian state-owned NIOC has signed an agreement with Russia’s state-controlled Gazprom covering co-operation on the development of three major gas assets. As part of the deal, the firms will work together on the 55 trillion ft³ (1.6 trillion m³) Kish and the 57.1 trillion ft³ North Pars fields, and to boost pressure levels at the
The California Air Resources Board (CARB) has opened the second round of its Clean Off-Road Equipment Voucher Incentive Project (CORE), providing point-of-sale discounts on off-road zero-emission equipment, including port equipment. The project is administered by CALSTART – a national nonprofit consortium focused on building a prosperous, efficient and clean high-tech transportation industry – and has
The findings by three scientists from Berkeley in California suggest that the electrification of container vessels is more economical on voyages of up to 5,000 km and three to five times more efficient than e-fuels such as green hydrogen and ammonia. Over 40% of global containership traffic could be electrified cost-effectively with current technology, the
Comstock Inc. has filed for a new patent covering breakthrough pathways to produce renewable diesel, marine, sustainable aviation fuel and gasoline from woody biomass. The company has announced a significant expansion of its leading cellulosic technology portfolio, as this dramatically improves yield, efficiency, and cost in comparison to all known methods. Comstock’s plans to decarbonize
Nippon Steel has purchased a liquefied natural gas shipment at the highest price ever paid in Japan amid growing fears of disruptions of LNG supplies from Russia. The world’s second-largest steelmaker bought an LNG cargo for delivery in September at a price of $41 per million British thermal units (mmBtu), most likely supplied by a
Russia has defaulted on the supply of at least 5 cargoes or shiploads of LNG to India after its retaliatory sanctions hit one of the companies that supply gas to India. India’s largest gas firm GAIL has a long-term deal to import 2.85 million tonnes of liquefied natural gas (LNG) per annum from a Singapore-based