News

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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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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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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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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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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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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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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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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President of Chevron Global Gas, Freeman Shaheen explains Chevron’s role in Asia’s LNG market   Worldwide, natural gas resources are plentiful, and with partnership and investment, gas can play a significant role in helping nations achieve both energy security and environmental objectives. When it comes to supply and demand, North America and Qatar will likely continue to lead the…
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The Rosen Group shares a successful case study of its software implementation Rosen’s case study corresponds to a worldwide leader in energy storage and hydrocarbons movement, committed to drive a revolutionary business model. This company owns and operates tanks and terminal facilities in multiple locations in the world with an estimated total product storage and handling capacity exceeding…
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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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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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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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The second day of Gastech 2023 has drawn to a close, with high-level participation from policymakers and business leaders from over 100 countries, enabling significant progress on the path to net zero. Discussions from the second day focused on how the global energy industry can help tackle crucial challenges, such as identifying the best means of unlocking investment in energy projects and…
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Meet Mecanicas Bolea's COO and director of operations, Javier Blanco Ortega - who is also one of StocExpo 2023's Forty Under 40.   Can you give us a brief outline of your career to date? Javier: I am senior mechanical and chemical engineer, with a Masters in HSE and in Business and Administration. Since my first job in 2006 I have been working in contractor companies, developing different…
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Archive edition: Volume 19 - Issue 04 Date published: September 2023 [real3dflipbook id='14']In this issue... Prioritising Safety for Customers & Employees Having won gold in Safety Excellence at the Global Tank Storage Awards, Odfjell Terminals Korea shares insights into establishing an accident-free workplace Asia's Outlook for LNG President of Chevron…
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Asian liquefied natural gas (LNG) buyers are navigating a near-term market that is so finely balanced that any supply disruptions or demand upsides could cause significant price volatility according to Mangesh Dilip Patankar, vice president, APAC Gas and LNG Consulting at Wood Mackenzie. Speaking on the sidelines of the Gastech 2023 conference being held in Singapore, Patanker said that the LNG…
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Mitsui & Co has acquired a 33.3% stake in US renewable natural gas production and sales company, Terreva Renewables. In North America, approximately 146 million tons (160 million tonnes) of municipal solid waste per year are disposed of in landfills, where methane from organic materials is emitted into the atmosphere. Terreva currently processes methane gas generated in landfills at five…
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Mitsui & Co, Mitsui Chemicals, IHI Corporation and The Kansai Electric Power Co have announced the signing of an memorandum of understanding (MoU) regarding a joint study to establish a hydrogen and ammonia supply chain based in the Osaka coastal industrial zone, Japan. Based on the MOU, the four companies will study the development of bases for receiving, storing, and supplying ammonia in…
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Venture Global LNG has announced its long-term expansion plan to increase production from 70 million tonnes per annum (MTPA) to more than 100 MTPA of nameplate LNG export capacity. To support this initiative, Venture Global and Baker Hughes have executed an expanded master equipment supply agreement for the delivery of additional liquefaction train systems and power island systems for Venture…
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