News

Sep 18, 2023
  [caption id="attachment_31629" align="alignleft" width="300"] Source: Carbon Herald, https://carbonherald.com/epa-prepares-to-demand-carbon-capture-on-new-natural-gas-power-plants/, https://creativecommons.org/licenses/by-sa/3.0/[/caption] Eni announces that its subsidiary in the United Kingdom (Eni UK) has been awarded a Carbon Dioxide Appraisal and Storage Licence (CS Licence) by the…
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Sep 15, 2023
Producer of ammonia and methanol, OCI Global has announced an agreement to offtake green hydrogen from New Fortress Energy ZeroParks beginning in 2025. The agreement will allow OCI Global to significantly scale up green ammonia production capacity to approximately 160,000 tons (145,000 tonnes) per year in Beaumont, Texas, US. This agreement follows the 100-megawatt (MW) electrolyzer system…
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Sep 14, 2023
GE Vernova’s digital business has announced release of CERius, a carbon emissions management software designed to help energy companies progress toward their net-zero goals using data precision and abatement planning capabilities. CERius is designed to enable organisations to more accurately measure, manage, and operationalise certain insights needed to help companies track their carbon…
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Sep 13, 2023
Chevron has acquired a majority stake in the world's largest proposed storage facility for hydrogen from renewable energy. U.S. majors Chevron and Exxon Mobil are rushing to lower production costs and bring scale to the technology as part of their lower carbon fuel strategy. Chevron bought the stake in ACES Delta from private equity firm Haddington Ventures. The Delta, Utah, project last year…
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Sep 13, 2023
BP plans to invest up to €10 billion in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies. Germany is one of a handful of countries BP is targeting to roll out at scale its strategy to shift away from fossil fuels towards low-carbon fuels and…
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Sep 13, 2023
The European Parliament adopted the ReFuel EU Aviation Regulation. This follows the adoption of the Renewable Energy Directive (EU RED III) on September 12. Neste welcomes the enhanced ambition these two pieces of climate and energy legislation set out. Both will now enter into force in the coming weeks. The EU RED III will later be incorporated into law in the EU Member States, while the ReFuel…
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Sep 12, 2023
Tank Storage Magazine speaks to it's Autumn edition front cover sponsor, V-Tank Storage SA, about its global sites. ‘We are an independent storage company for bulk liquid products, focused on the marketing, renting in and renting out storage capacity at bulk liquid terminals,’ says Ulf Vleeshouwers founder, chairman and CEO of V-Tank Storage SA. With more than 52 years of experience in the…
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Sep 12, 2023
Supplier of CO2 pumps, Svanehøj has announced that the world's three largest dedicated CO2 ships are now on its reference list. Northern Lights (a joint-venture of Shell, Equinor, and TotalEnergies) is increasing its CO2 shipping capacity with its third LCO2 carrier and has chosen Svanehøj to supply the cargo pump system. The three ships are the world's largest of their kind, and the order…
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Sep 12, 2023
Integrated energy company, AVAADA Group, has announced its initiative to establish a green hydrogen and ammonia manufacturing unit at Gopalpur Industrial Park, Odisha, India. This significant move comes in the wake of a memorandum of understanding (MoU) inked with Tata Steel Special Economic Zone Limited (TSSEZL). The collaboration is geared towards fast-tracking the shift to green energy and…
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Sep 11, 2023
The North Sea Transition Authority (NSTA) is expected to take on the role of offshore hydrogen transport and storage regulator following the conclusion of a consultation on the proposal. The move is intended to support the industry by enabling pioneering projects to obtain the necessary licences and consents and move quickly into operation. Once the legislation comes into effect, it will mean…
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Sep 11, 2023
Uniper will permanently decommission the Heyden 4 hard coal-fired power plant in Petershagen near Minden, Germany on September 30, 2024. Uniper already made the decision to decommission the plant at the end of 2020. After the responsible grid operator TenneT did not notify the Federal Network Agency by the end of August 2023 of an extension of the existing determination of system relevance…
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Sep 8, 2023
Multinational oil refiner and petrol retailer, the Orlen group has announced that over the next few months it will be preparing to launch production from new fields in an effort to boost Polands energy security. The group together with its partners, is set to start production from the Tommeliten Alpha field, which will yield an additional 0.5 billion cubic meters of natural gas annually. This is…
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Sep 8, 2023
Bangladesh's Summit Group plans to invest $3 billion (€2.8 billion) in solar, wind and hydroelectricity generation projects in south Asia as a part of its clean energy push and efforts to diversify its fossil fuel-based business. Summit Power International will build 1,000 megawatts of solar and wind energy projects with battery storage in India, group Chairman Aziz Khan. Summit, which…
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Sep 8, 2023
It’s been a while since the last full magazine edition landed, so let me remind you of the high quality content you can enjoy. This issue has our annual Chemical Storage supplement, which you can find on page 50. Inside is an exclusive interview with Stolthaven Singapore, centring on the facility’s Dow SEA S4TAR Award win. There’s also updates from the Chemical Business Association about…
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Sep 7, 2023
Woodside has signed a non-binding memorandum of understanding (MoU) with Kansai Electric Power Co. (KEPCO), to enable studies of a potential carbon, capture and storage (CCS) value chain between Japan and Australia. Under the MoU, KEPCO plans to research the capture of CO2 emitted from its thermal power plants and its transport to Australia. Woodside is progressing CCS projects in Australia and…
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Sep 7, 2023
Energy companies Jera and Uniper have announced a non-binding heads of agreement together with hydrocarbon exploration and production company, ConocoPhillips, for the sale of ammonia to Uniper. The project would have an initial production capacity of 2 MTPA of low-carbon ammonia with potential for expansion in the future. The companies plan to jointly develop the production facility project…
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Sep 7, 2023
Stolthaven Terminals confirms it will expand its facilities in the US Gulf to continue to meet its customers’ growing needs for specialist storage and handling services. The planned expansion programme involves increasingly automated operations, additional specialist services for customers, and the installation of new tanks, which will significantly increase Stolthaven Terminals’ current…
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Sep 6, 2023
Over £9 million (€10.5 million) has been awarded to data and digital technologies that will enable the energy transition, as part of Net Zero Technology Centre’s (NZTC) 2023 open innovation programme. £3 million came from NZTC and over £6 million co-funded by industry. A total of 143 businesses from across the globe applied for up to £500K each in funding from NZTC. The winning projects…
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Sep 6, 2023
PGNiG Upstream Norway, part of Poland's ORLEN Group, will join and operate the Polaris carbon storage project in the Norwegian Barents Sea, owned by Horisont Energi. The two groups signed a letter of intent that will see the ORLEN subsidiary become the operator and acquire a stake of up to 50% in the Polaris licence. The process of bringing the new partner on board is expected to be completed…
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Sep 6, 2023
ADNOC has announced a final investment decision to develop one of the largest carbon capture projects in the Middle East and North Africa (MENA) region. The pioneering Habshan carbon capture, utilisation and storage (CCUS) project will have the capacity to capture and permanently store 1.5 MTPA of CO2 within geological formations deep underground. This announcement is part of ADNOC’s wider…
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