economics
Green hydrogen startup Ohmium raises $250 MM in latest funding round
Electrolyzer maker Ohmium said it had raised $250 MM in a fresh round of funding led by private equity firm TPG Inc's Rise Climate fund, to expand its manufacturing capacity for green hydrogen.
Eni launches LNG production in Congo Republic
Italian energy group Eni and Congo Republic's government on Tuesday launched a $5-B gas liquefaction project expected to reach a production capacity of 3 million tpy in 2025.
Mozambique president says TotalEnergies can safely resume $20-B gas project
Mozambique President Filipe Nyusi said it was safe for TotalEnergies to restart the Cabo Delgado LNG project that was halted in 2021 after insurgent attacks on civilians.
Japan's Tokyo Gas reports record 2022/23 profit on LNG price boost
Tokyo Gas reported its highest ever yearly net profit for the 2022/23 fiscal year amid record LNG prices but warned that next year's profit may drop because of projected lower city gas and electricity sales.
TotalEnergies Marine Fuels and MSC Group complete first LNG bunkering operation in Marseille
TotalEnergies Marine Fuels and the Cruise Division of MSC Group have successfully completed the first LNG bunkering operation at the Port of Marseille Fos, Southern France, for MSC Cruises’ MSC World Europa.
Energy firms in Germany join up for sea-to-inland hydrogen route
Seven companies in Germany's energy sector said that they had formed an alliance to bring clean hydrogen from the seashore to centers of industrial consumption.
Woodside Energy ties up with Keppel Data Centres for liquid hydrogen supply
Australia's Woodside Energy Ltd signed an agreement with Keppel Corporation for the potential supply of liquid hydrogen to its data centers in Singapore, bolstering the city-state's renewable energy transition efforts.
EU opens joint gas buying with eye to winter energy security
The European Union launched a scheme for European companies to place orders to jointly buy gas, with the aim of ensuring Europe has enough fuel and avoiding a repeat of last year's record-high energy prices.
Dutch government confirms plan to halt gas production in Groningen
The Dutch government said that it will invest $24.24 B in the earthquake-stricken Groningen region while confirming plans to halt gas production there no later than 2024.
Glenfarne set to decide to build Texas LNG export plant in 2023
U.S. energy company Glenfarne Group LLC said it expects to make a final investment decision in 2023 to build its proposed Texas LNG export plant in Brownsville with first liquefied natural gas production expected in 2027.
Tellurian receives US approval for Driftwood gas pipelines
Liquefied natural gas developer Tellurian Inc said the U.S. energy regulator had authorized Line 200 and Line 300 of its $1.4-B Driftwood natural gas transmission pipeline project.
US Energy Dept clamps down on LNG export project extensions
The U.S. Department of Energy announced it will change how it approves requests by companies to push back start dates for liquefied natural gas export projects to get a better picture of true demand for the fuel.
Biden EPA to issue power plant rules that lean on carbon capture
The U.S. government may soon require natural gas-fired power plants to install technology to capture carbon emissions as President Joe Biden's administration enacts new rules to help decarbonize the power sector in 12 years.
Delfin to sell LNG to Hartree from proposed Louisiana export plant
U.S. liquefied natural gas company Delfin LNG said on Monday it had signed a binding 20-year sale and purchase agreement with a unit of energy and commodities firm Hartree Partners LP.
NextChem awarded a new advanced basic engineering study by Storengy for the production of 2nd gen biomethane in France
Maire Tecnimont S.p.A. announces that its subsidiary NextChem has been awarded a new contract by Storengy to carry out a further advanced basic engineering study for the gasification of the waste wood and the purification system of the syngas to produce biomethane.
Countdown to 26th World Energy Congress begins with release of Global Energy Leaders Survey
The countdown to the 26th World Energy Congress, to be held in Rotterdam from 22-25 April 2024, has begun as the World Energy Council launches event registration and simultaneously releases the results of its latest Pulse Survey.
Woodside's stalled Browse LNG project still 'very attractive'
Woodside Energy Group Ltd's CEO played down concerns over the status of its long-delayed Browse LNG project after the company reported a decline in first-quarter sales revenue relative to the December quarter.
US settles air pollution cases with three natural gas processors
The Biden administration said it had agreed on separate settlements worth about $25 MM in total with three natural gas processors to reduce air pollution across 12 states, including in communities disproportionately hit by health-harming emissions.
Erdogan offers free gas pre-election after first Black Sea field shipment
President Tayyip Erdogan flicked the switch on Turkey's first delivery of natural gas to an onshore plant from a reserve discovered in the Black Sea, and promised to provide free natural gas for households before May 14 elections.
Asia petchem producers plan to switch to LPG after price slump
Several Asian petrochemical producers plan to switch a portion of their feedstock from naphtha to cheaper liquefied petroleum gas late in the second quarter as the price gap between the two fuels has widened.
Germany improving efforts to meet 2030 hydrogen goals
Germany is getting nearer to goals for developing a green hydrogen market by the end of the decade.
Russia's Gazprom seeks to liberalize domestic gas market
Russian energy giant Gazprom has asked the government to liberalize wholesale gas prices for domestic industrial consumers in some regions as it faces a steep decline in exports.
Japan's Mitsui buys U.S. gas asset in 'pragmatic solution' for energy transition
Japan's Mitsui & Co Ltd has bought a 92% stake in an unconventional gas asset in Texas and plans to promote its gas business as a "pragmatic solution" for the energy transition.
EU, Norway plan cooperation on carbon capture, hydrogen, draft shows
The European Union and Norway aim to work together to develop infrastructure to capture and store CO2 emissions and scale up renewable hydrogen production in Europe.
Mitsubishi Power starts natgas turbine operation in Rayong, Thailand
Mitsubishi Power, a subsidiary of Japanese company Mitsubishi Heavy Industries, has started operations of a natural gas turbine at a gas-fired power plant project in Thailand's Rayong province on March 31.
Russian gas cargoes cross Crimea bridge after 4-month wait
Three gas carriers loaded with butane and propane crossed the Russia-built Crimea bridge over April 12-14 after a four-month wait and set sail for their destinations.
U.S. natgas futures drop 5% on forecasts for mild weather
U.S. natural gas futures fell about 5% on Wednesday from a one-month high in the prior session on forecasts confirming the weather will remain mostly mild and heating demand low for the next two weeks.
Spain's Tecnicas Reunidas, FCC to build large LNG terminal in Germany
Spanish companies Tecnicas Reunidas and FCC, as well as Turkey's ENKA, have won a contract to build a liquefied natural gas regasification terminal in Germany worth about $1.09 B.
Chevron seeks drilling ship to expand East Med gas search
Chevron is seeking a drilling ship to explore for natural gas off Cyprus, Egypt and Israel as the U.S. energy major looks to meet growing demand in the region and Europe.
Britain has enough gas for summer demand, National Gas Transmission says
Britain will have sufficient gas supply to meet demand from April to September and is expected to sustain flows to Europe, the UK's National Gas Transmission company said.
- Australia's Woodside Energy to buy US LNG developer Tellurian for $1.2 billion
- Gasum powers Equinor's platform supply vessel with bio-LNG
- Oman plans third LNG train, boosting domestic production to more than 15 MMtpy
- ADNOC deploys pioneering AI-enabled process optimization technology
- Mexico Pacific announces long-term LNG SPA with POSCO International
