News

Jan 16, 2025
Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund (CI ETF I), and Friesen Elektra Green Energy AG (Friesen Elektra) have initiated project Anker, a green hydrogen production facility in Sande, Germany. The project is scheduled to have an electrolysis capacity of 400 MW with plans to expand capacity to 800 MW at a later stage. Project Anker is strategically located near…
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Jan 16, 2025
Vitol has announced that Jeffrey van Geloof has been appointed CEO of WPU. In a post on LinkedIn, Vitol noted that Jeffrey has extensive commercial and operational experience, most recently as managing director of Vitol’s VPR refinery, based in Rotterdam, where he has been instrumental in bringing about significant technical innovation and efficiency to the operation of the refinery. These…
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Jan 15, 2025
CNOOC and Shell Petrochemicals Company Limited (CSPC), a joint venture between Shell Nanhai B.V. and CNOOC Petrochemicals Investment Ltd, has taken a final investment decision to expand its petrochemical complex in Daya Bay, Huizhou, south China. The expansion will include a third ethylene cracker with a planned capacity of 1.6 million tonnes per year of ethylene, a key building block to make…
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Jan 15, 2025
TotalEnergies (45%, operator) and its partners Basra Oil Company (30%) and QatarEnergy (25%) have launched the construction works of ArtawiGas25, a first processing facility for the associated gas from the Ratawi field, located in the Basra region, Iraq. This facility, which is part of the Gas Growth Integrated Project (GGIP), represents an investment of around $250 million (€242 million) and…
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Jan 15, 2025
Gasunie’s Supervisory Board has appointed Jan Boekelman interim CFO with effect from 11 February 2025. Boekelman, who was previously CFO at Energie Beheer Nederland (EBN) and development organisation SNV, will be taking over from Janneke Hermes, who is joining Koninklijke Wagenborg after 23 years at Gasunie. Boekelman will start working at Gasunie with immediate effect, so that he and Hermes…
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Jan 15, 2025
Essar Energy Transition (ETT) has an engineering, procurement and construction (EPC) contract with ENKA, for its flagship low carbon hydrogen production plant (HPP1) at the Stanlow Manufacturing Complex in Ellesmere Port, Cheshire, UK. In October 2024, the UK Government announced funding had been agreed to support HPP1 as the UK’s first large-scale low carbon hydrogen project at the heart of…
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Jan 14, 2025
Kinder Morgan has announced that its subsidiary, Hiland Partners, has agreed to purchase a natural gas gathering and processing system in North Dakota, USA, from Outrigger Energy II LLC for $640 million (€623 million). The acquisition includes a 270 million m3 processing facility and a 104-mile, large-diameter, high-pressure rich gas gathering header pipeline with 350 MMcf/d of capacity…
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Jan 14, 2025
PRIO, in partnership with ISQ, has announced the delivery of the first PRIO certificates that prove the consumption and respective reductions in CO2 emissions associated with the use of green fuels. In a first phase, the first certificates were delivered to ten customers at the end of 2024. PRIO is now expanding this delivery to all customers who purchased green fuels throughout 2024. The…
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Jan 14, 2025
LNEG has launched the Alliance for Sustainability in Aviation (ASA). In a post on LinkedIn, the company said that the Alliance for Sustainability in Aviation aims to bring together a set of stakeholders, including the scientific community, airlines and fuel companies, public institutes and non-governmental organisations, with the aim of founding and outlining economically viable and…
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Jan 14, 2025
The clock is ticking for industry professionals to submit their nominations for the 8th edition of the Global Tank Storage Awards, set to take place in Rotterdam on 10 March 2025. As the deadline is fast approaching on 24 January 2025, Tank Storage Magazine urges potential nominees to act swiftly to be part of this prestigious event, which coincides with the 20th anniversary celebrations of both…
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Jan 13, 2025
FuelFWD has completed a seed investment round. The round was led by Value Factory Ventures, with renewed support from Docklab Ventures and the Port of Rotterdam, who are investing in FuelFWD for the second time. FuelFWD’s role is to streamline the renewable fuels market by eliminating the burden of compliance and providing traceability. FuelFWD offers a software solution for companies in the…
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Jan 13, 2025
VTTI has launched a newly-formed subsidiary, VIDA bioenergy, dedicated to transforming biomass into renewable energy, the company announced on LinkedIn. VIDA bioenergy is 100% owned by VTTI but will operate independently under the leadership of CEO, Lars Boetje. This will allow the company to move with flexibility and speed to meet the specific needs of the markets it serves. The company is…
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Jan 13, 2025
Exolum has announced a change in its leadership. After nine years on the job, CEO Jorge Lanza and chairwoman Rosa García, are stepping down from their respective roles, making way for new leadership that will drive a new evolution of the company’s strategic plan. Their departure from the company will be effective after the annual shareholders’ general meeting in May. Rosa García and Jorge…
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Jan 10, 2025
CB&I has been awarded a lump sum contract by TJN Ruwais JV for engineering, procurement, and construction (EPC) of two cryogenic tanks and associated civil, structural, mechanical and piping works for its liquefied natural gas (LNG) project, located in Ruwais, Abu Dhabi, UAE. Once complete, the Ruwais LNG project will be the first net zero LNG facility in the Middle East. TJN Ruwais JV is a…
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Jan 9, 2025
Navigator Holdings has completed the expansion of its existing ethylene export terminal joint venture owned 50/50 by Navigator and Enterprise Products Partners LP at Morgan’s Point, Houston, US. Navigator Gas has further acquired three handysize ethylene carriers for a total purchase price of $83.9 million (€81.5 million), complementing the increased export capacity from the Export Terminal…
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Jan 9, 2025
Petrofac has been awarded a new project by Abu Dhabi-based ADNOC Gas for the EPC of a new gas compressor plant at the Habshan Complex in Abu Dhabi. The contract is valued at over US$330 million (€291 million). The third EPC contract awarded to Petrofac at the vast Habshan Complex, this new scope includes the EPC of two gas compressor trains, associated utilities and power systems. The project…
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Jan 8, 2025
NextDecade have announced that its wholly owned subsidiary, Rio Grande LNG Super Holdings, LLC, has entered into a credit agreement with General Atlantic Credit's Atlantic Park Fund that provides for a $175 million (€169 million) senior secured loan (senior loan). Proceeds from the senior loan were disbursed at closing on December 31, and net proceeds, after fees and related transaction…
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Jan 8, 2025
Exolum now has the first of two publicly accessible mobile hydrogen refuelling stations for fuel cell vehicles in service. These hydrogen stations, based on the technology of the Aragonese company CALVERA Hydrogen, are designed to adapt to the needs of customers, providing hydrogen at pressures of 350 and 700 bar, and they come in container format for easy transport. The service, already in use,…
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Jan 8, 2025
Chart Industries has signed a global master goods and services agreement with ExxonMobil. This enabling agreement sets the terms, conditions, and commercial framework for Chart to provide LNG equipment, technology, and services for ExxonMobil’s global portfolio of projects. Specifically, the agreement includes the supply of cold boxes, as well as Chart’s proprietary IPSMR process…
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Jan 7, 2025
Varel Energy Solutions has acquired Ace Well Technology (ACE), an international leader in the supply of oilfield casing, cementing and completion products. This transaction strengthens VES’s portfolio of primary cementing equipment, many of which are uniquely patented technology, while expanding smart completions offerings supporting the offshore and premium market sectors. Derek Nixon,…
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