Terminal News
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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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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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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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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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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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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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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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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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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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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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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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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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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[caption id="attachment_31566" align="alignleft" width="300"] Credit: AvigatorPhotographer[/caption]
British oilfield services firm Wood Group has announced it has signed a new master services agreement and associated contracts valued at around $330 million (€305.5 million) for UK North Sea operations with Harbour Energy.
Wood will provide engineering, procurement and construction and…
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A leak detected in the steam recovery system at Calumet Specialty Products Partners’ Montana renewable hydrogen plant is limiting throughput until repaired, according to Reuters.
The company, which manufactures and produces specialty products and renewable fuels, said the leak was detected earlier this month and the repair is expected to be completed in late September.
The Montana plant’s…
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A new HCSS report finds that in a large-scale conflict, the Netherlands and the wider EU would struggle to meet surging military fuel demand while keeping the civilian economy running.
_via @TankStorageInfo
https://tankstorage.com/all-news/partner-news/europe-risks-fuel-shortages-in-wartime-new-hcss-report-warns/