SK E&S, an energy company affiliated with South Korea’s SK Group, will join what would be the world’s largest carbon capture project by spending $110 million to acquire a 10 percent stake in U.S. project leader Summit Carbon Solutions, a business platform that addresses the global challenge of decarbonization. Summit’s project is aimed at capturing
Japan’s trade minister said it would be difficult for the Group of Seven nations to ban Russian liquefied natural gas imports unless alternative suppliers can be found. The G-7 nations including Japan have decided to ban or phase out coal and oil imports from Russia as part of sanctions imposed in response to its invasion
The first pile driving was set in Wilhelmshaven to build Germany’s first LNG terminal. In view of the need to reorganize the energy supply, the project is being advanced under enormous time constraints. The necessary steps must be taken to prevent the occurrence of a gas shortage and to achieve independence from Russian gas supplies.
CMA CGM is joining an innovative demonstrator project underway in Europe exploring the production of green hydrogen from renewable power, e-methane, and the reuse of captured CO2 to produce new synthetic fuels. Known as the Jupiter 1000 project being piloted by GRTgaz, the operator of France’s gas transmission network, the goal is to convert renewable
MAN Cryo, part of MAN Energy Solutions and a leading expert in the field of storage and handling of LNG and natural gas, has announced the signing of a contract with Yantai CIMC Raffles Shipyard for the delivery of the fuel-gas supply systems (FGSSs) to a new series of two dual-fuel, 6,500 pure car carriers
Oman’s refineries and petroleum industries’ production declined by 25% by the end of March 2022 compared to March 2021, mainly due to the transfer of the outline to the Sohar 2 Refinery since February 2022. The production of standard grade petrol (M-91) by Omani refineries increased by 27.2% at the end of March 2022 to
The delivery of almost 65 000 t of LNG from the US is a step towards further integration of gas markets in this part of Europe and strengthening of their energy security. The gas came from a liquefaction plant in Freeport, Texas. Iwona Waksmundzka-Olejniczak, President of the PGNiG S.A. Management Board, said: “The first delivery
The Ukraine-Russia conflict is bringing Europe to expedite renewable energy expansion in the region that will just enable the European Union to end its dependence on Russian gas and oil. In a fresh development, the European Commission may propose a new framework that will fasten the permitting system for renewable energy projects in the member
The level of ethanol blending in petrol in India has reached 9.99 per cent, Petroleum Minister Hardeep Singh Puri said. India had targetted 10 per cent ethanol blending in petrol by the end of 2022 and 20 per cent blending by 2030. The Centre has also targetted 5 per cent blending of biodiesel with diesel
Replacing the diesel trucks with the hydrogen model could keep ‘700 cars’ worth of carbon dioxide emissions out of the atmosphere. Mining giant, Anglo American has unveiled the world’s biggest hydrogen-powered mine haul truck. The massive truck is three stories tall and weighs in at over 220-tonnes. The truck is said to have entered operations