(IN BRIEF) Shell Singapore Pte Ltd has finalized the sale of its Energy and Chemicals Park to CAPGC Pte. Ltd., through the sale of shares in Aster Chemicals and Energy Pte. Ltd. This move supports Shell’s strategy to refine its … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Aster Chemicals and Energy Pte. Ltd., CAPGC, CAPGC Pte. Ltd., Chandra Asri Capital Pte. Ltd., Chandra Asri Group, Chemicals and Products business, divestment, electric vehicle charging, Energy and Chemicals Park, Glencore, Glencore Asian Holdings Pte. Ltd., LNG, partnership, Regional Hub, Shell plc, Shell Singapore Pte Ltd, Singapore, sustainability
(IN BRIEF) Alfa Laval has announced a binding put-option agreement to acquire Fives Cryogenics from Fives Group for EUR 800 million on a cash and debt-free basis. Fives Cryogenics, based in France, is a leader in cryogenic heat transfer and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Industrial, Infrastructure & Utilities, Internet & Online, Investment, News, Technology
Tagged Alfa Laval, carbon capture, cash and debt-free, cryogenic heat transfer, energy transition, EUR 800 million, Fives Cryogenics, Fives Group, France, Frédéric Sanchez, global market, Golbey, hydrogen, Jefferies, LNG, manufacturing facilities, pump technologies, regulatory approvals, Tom Erixon, White & Case, works councils
(IN BRIEF) Voith has introduced two innovative TRAktor V3900-DF water tractors featuring a dual-fuel drive system capable of operating on both LNG and diesel. The vessels are enhanced by two newly developed Voith Schneider Propellers (VSP) type 32X6/265, ensuring superior … Read the full press release
Posted in Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Technology, Transportation & Logistics
Tagged Adana, Botaş Petroleum Pipeline Corporation, Ceyhan, diesel, dual-fuel drive, ECS, Electronic Control System, Iskenderun, LNG, marine technology, nautical training, naval architecture, Robert Allan Ltd., technical training, TRAktor V3900-DF, Uzmar Shipbuilding, Voith, Voith Schneider Propeller, VSP 32X6/265, Water Tractors
(IN BRIEF) Eni and PETRONAS have entered into an exclusive Memorandum of Understanding to establish a joint venture holding company focused on selected upstream assets in Malaysia and Indonesia. The partnership aims to drive growth in the region, targeting a … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Italy
Tagged energy transition, exploration, gas development, Indonesia, joint venture, LNG, Malaysia, PETRONAS, production, upstream assets
(IN BRIEF) TotalEnergies and Gujarat State Petroleum Corporation Limited (GSPC) have signed a ten-year Sale and Purchase Agreement, under which TotalEnergies will supply GSPC with 400,000 tons of liquefied natural gas (LNG) annually starting in 2026. The LNG will primarily … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Air Quality, CNG, energy security, energy transition, gas trading, greenhouse gas emissions, Gregory Joffroy, GSPC, Gujarat, Gujarat State Petroleum Corporation Limited, INDIA, India Energy Week, industrial activities, liquefied natural gas, LNG, Milind Torawane, natural gas, New Delhi, partnership, Sale and Purchase Agreement, sustainability, TotalEnergies, transportation
(IN BRIEF) Hapag-Lloyd has secured USD 4 billion in financing for the construction of 24 container ships, with a focus on low-emission technology and green financing principles. This investment aligns with the company’s long-term commitment to decarbonizing its fleet and … Read the full press release
Posted in Business, Environment, Financial, Germany, Industrial, Investment, Management, News, Technology, Transportation & Logistics
Tagged ammonia ready, biomethane, CHINA, China Export & Credit Insurance Corporation, CO2e emissions, container ships, decarbonization goals, DNV, Emissions Reduction, financing, fleet expansion, fleet modernization, fuel efficient engines, green financing, Green Financing Framework, green loan principles, Hapag-Lloyd, high-efficiency ships, liquefied gas dual-fuel engines, LNG, Loan Market Association, long-term investment, low-emission ships, Mark Frese, net-zero operation, newbuilds, Paris Agreement, shipping industry, Sinosure, Sinosure transaction, sustainability, sustainable financing, sustainable shipping
(IN BRIEF) Huibert Vigeveno, a long-serving Shell executive, will step down from his role as Director of Downstream, Renewables, and Energy Solutions, effective 31 March 2025, after a remarkable 30-year career. CEO Wael Sawan thanked Huibert for his contributions, highlighting … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Technology, United Kingdom
Tagged Andrew Smith, appointment, Australian citizen, BG integration, Chemicals and Products, corporate, DOWNSTREAM, Dutch citizen, energy solutions, Erasmus University, Executive Committee, financial reporting segments, Huibert Vigeveno, Integrated Gas, leadership, LNG, Machteld de Haan, marketing, Onshore Gas, renewables, Shell, Trading and Supply, transformation, University of Melbourne, upstream, Wael Sawan
(IN BRIEF) BP has begun the first gas flow from the Greater Tortue Ahmeyim (GTA) Phase 1 project, located offshore Mauritania and Senegal. This significant step in one of Africa’s deepest and most complex gas developments marks the project’s move … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, United Kingdom
Tagged apprentice training program, BP, Dave Campbell, energy production, floating production storage and offloading, FPSO, gas flow, Gimi FLNG, Global Energy, Golar LNG, Gordon Birrell, Greater Tortue Ahmeyim, GTA Phase 1, Kosmos Energy, LNG, LNG export, local workforce development, Mauritania, Mauritania and Senegal economic development, natural resources, offshore gas development, PETROSEN, Senegal, SMH, social investment program
(IN BRIEF) TotalEnergies is celebrating its 100th anniversary, marking a century of innovation and leadership in the global energy sector. Founded in 1924 as Compagnie Française des Pétroles, the company started in France without local oil resources but quickly expanded … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, France, Industrial, Management
Tagged 100th anniversary, Compagnie Française des Pétroles, COP28, decarbonized power, Direct Energie, electricity, Elf-Aquitaine, ENERGY, energy transition, France’s energy supply, hydrocarbons, LNG, Maersk Oil, multi-energy company, natural gas, oil, Petrofina, renewables, Saft, TotalEnergies
(IN BRIEF) Equinor and Deepak Fertilisers have inked a significant 15-year agreement for the supply of liquefied natural gas (LNG), commencing deliveries in 2026. Drawing from Equinor’s expansive global LNG portfolio, which encompasses production from the Hammerfest LNG Plant in … Read the full press release
(IN BRIEF) The floating liquefied natural gas (FLNG) vessel for the Greater Tortue Ahmeyim (GTA) LNG project, operated by bp and partners, has reached its destination on the maritime border of Mauritania and Senegal. This vessel, named Gimi, is a … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Transportation & Logistics, United Kingdom
Tagged BP, Emil Ismayilov, FLNG vessel, floating liquefied natural gas, FPSO vessel, gas, Gimi, Greater Tortue Ahmeyim, GTA LNG project, Kosmos Energy, LNG, Mauritania, PETROSEN, Senegal, SMH
(IN BRIEF) Norwegian aluminum company Hydro has successfully concluded a $1.11 billion transaction involving the sale of a 30% interest in the Brazilian alumina refinery, Hydro Alunorte, as well as Hydro’s 5% stake in bauxite producer Mineracão Rio do Norte … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, Norway
Tagged aluminum smelters, Alunorte, Glencore, Hilde Merete Aasheim, Hydro, LNG, oil
(IN BRIEF) Gasum has successfully delivered its second liquefied natural gas (LNG) cargo to the Inkoo floating storage regasification unit (FSRU) in Finland. The cargo, provided by Gasum’s partner Equinor, arrived on November 5th and is being regasified for integration … Read the full press release
Posted in Energy, Gas & Oil, Finland, Industrial, Infrastructure & Utilities, Transportation & Logistics
Tagged Balticconnector gas pipeline, bunkering vessels, Equinor, Estonia, Finland, floating storage regasification unit, FSRU, gas pipeline grid, Gasum, Inkoo, Inkoo FSRU, Inkoo FSRU terminal, Jouni Liimatta, liquefied natural gas, LNG, LNG cargo, natural gas
(IN BRIEF) TotalEnergies has extended its partnership with Oman LNG, a liquefied natural gas (LNG) joint venture, for ten more years beyond 2024. This extension also covers the adjacent Qalhat LNG project, which has been extended for five years. As … Read the full press release
Posted in Business, Energy, Gas & Oil, France, Industrial, Investment
Tagged Itochu, joint venture, Julien Pouget, Korea LNG, LNG, Mitsubishi, Mitsui, Naturgy, Oman, Oman LNG, Omani liquefied natural gas, Osaka Gas, PTTEP, Shell, TotalEnergies
(IN BRIEF) Gasum has achieved its first ship-to-ship LNG bunkering operations in the port of Hamburg, Germany. The company successfully delivered LNG to two vessels: the MSC Euribia, a highly energy-efficient flagship belonging to MSC Cruises, and the VOX Ariane, … Read the full press release
(IN BRIEF) Eni, a global energy company, has signed a significant LNG sales agreement with Merakes LNG Sellers for 0.8 billion cubic meters (bcm) annually, starting from January 2024 for three years. This complements their existing 1.4 bcm per year … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged Eni, Jangkrik LNG Sellers, LNG, Marine XII JV, Merakes LNG Sellers, QatarEnergy LNG NFE
(IN BRIEF) TotalEnergies has officially commissioned the Cape Ann, a Floating Storage and Regasification Unit (FSRU) for liquefied natural gas (LNG) in Le Havre’s port. This FSRU has begun injecting natural gas into the grid, using LNG sourced from Norway. … Read the full press release
(IN BRIEF) Eni, in partnership with QatarEnergy LNG NFE (5), has entered into a long-term contract for the North Field East (NFE) project in Qatar. This agreement will facilitate the delivery of up to 1.5 billion cubic meters per annum … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Italy, Management, News
Tagged Eni, LNG, partnership, QatarEnergy, sustainability
(IN BRIEF) The ORLEN Group has added two new liquefied natural gas (LNG) vessels, ‘Saint Barbara’ and ‘Ignacy Łukasiewicz,’ to its fleet. These vessels, constructed by Hyundai Samho Heavy Industries, will commence sea service by the end of the year, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Poland, Transportation & Logistics
Tagged Daniel Obajtek, energy security, Grażyna Gęsicka, Hyundai Samho Heavy Industries shipyard, Ignacy Łukasiewicz, Lech Kaczyński, liquefied natural gas, LNG, LNG shipments, LNG vessels, Mokpo, ORLEN Group, Saint Barbara, ship, South Korea
(IN BRIEF) Eni, the global energy company, has made a significant gas discovery through the Geng North-1 exploration well off the coast of East Kalimantan in Indonesia. Preliminary estimates suggest a gas volume of 5 trillion cubic feet (Tcf) with … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Italy
Tagged East Kalimantan in Indonesia, energy transition, Eni, exploration, gas, gas discovery, Geng North-1 exploration, LNG, North Ganal PSC
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