Israel strikes port, energy targets in Yemen
Israel launched strikes against ports and energy infrastructure in Houthi-held parts of Yemen on Thursday and threatened more attacks against the Iran-aligned militant group, which has launched hundreds of missiles at Israel over the past year.As Israeli jets were in the air, the Israeli military said it intercepted a missile…
Sweden's North frets about financial risks as the green boom stumbles
Sweden's local governments, frightened by Northvolt's struggle for survival and its potential impact on taxpayers, have asked the central government to increase financial support for Sweden's transition towards green industry. Last month, Europe's leading electric vehicle battery manufacturer filed for Chapter 11 bankruptcy in the United States with $5.8 billion of debts.
Treasury: US sanctions against North Korea and Russia include new sanctions
New sanctions imposed by the United States on Monday targeted Pyongyang’s financial activities as well as its military support for Moscow, according to the Treasury Department. The sanctions list North Korean generals, banks and officials, as well as Russian oil companies. They are the latest U.S. measures aimed at disrupting North Korea’s support for Russia’s war in Ukraine.
US Energy Department: Two LNG reviews must be waited for by regulator
The U.S. Department of Energy announced on Tuesday that it will not be able to finish its reviews of two proposed liquefied gas export terminals planned for Louisiana until an independent regulatory agency completes their environmental assessments of these projects. The Department of Energy said that it must wait until the…
USDoE: LNG Reviews must await EIA's
The U.S. Department of Energy announced on Tuesday that it will not be able to finish reviews of two projects for liquefied gas in Louisiana until a regulatory agency independent of the Department has completed its environmental assessments.The DOE stated that it must wait until the Federal Energy Regulatory Commission (FERC)…
Lithuanian officials see a 'high probability' of Baltic Sea cables being intentionally cut
Gitanas Nuseda, the Lithuanian President said that it was highly likely that the two fibre-optic cables undersea that were damaged in the Baltic Sea last month were intentionally cut. After being damaged on November 17-18, both cables, one connecting Finland with Germany and the second connecting Sweden and Lithuania were repaired and back online.
Seaspan Energy Completes First STS LNG transfer
Seaspan Energy (Seaspan) has successfully completed its first LNG ship-to-ship transfer to a containership in the Port of Long Beach.This operation marks the beginning of Seaspan’s service offering on the West Coast of North America with two LNG bunkering vessels to soon serve both the Long Beach and Vancouver markets. “Our…
Philippines communities challenge dash for fossil gas
The government claims that LNG is an alternative to coal, and the capacity to generate it is required to meet the energy demands of Luzon Island, which is also home to Manila, the capital city, located 110 km (68 mi) north. Many people in Santa Clara, an area adjacent to the port's terminal, claim that respiratory illness has increased dramatically, even among children as young five years old.
TotalEnergies targets new offshore exploration area
Documents from environmental consultants SLR on Tuesday showed that TotalEnergies has requested environmental authorization to drill up seven exploration wells off the west coast South Africa in the southern part Deep Water Orange Basin. Shell and other oil companies are looking at the west coast of South Africa, near the Namibian border…
MSE Int'l Wins Funding for Port Recharging Project
MSE International has won funding from TRIG 2024 to lead a new project, PRIMET; Port Recharging Infrastructure for Maritime Energy Transition.The project will accelerate the roll-out of port and harbor infrastructure needed to support the rapid expansion in vessel recharging and shore-powering facilities which are essential to realize the government’s Clean Maritime Plan.
Germany Preps for More FSRU Vessels
Germany is expanding its natural gas import options to replace Russian supply. Following are updates on key facilities and terminals being developed to host floating storage regasification units (FSRUs) to receive seaborne liquefied natural gas (LNG). Plans also include shore-based regasification terminals and facilities to…
Three Industrial Projects for Le Havre Announced
The French government has selected winning proposals for a hydrogen import terminal, a renewable fuels facility and a lithium production factory to be built at the state-run port of Le Havre as part of an effort to attract industrial investment, the finance ministry said on Thursday.The land around the port was labelled a turnkey investment site under the 30 billion euro "France 2030" plan…
Sempra Port Arthur LNG Phase 2 is ahead of Cameron LNG, according to CFO
Karen Sedgwick, Sempra Infrastructure’s finance chief, said that the Port Arthur LNG Phase 2 project is ahead of Cameron LNG expansion. Sedgwick informed investors in a conference call that the Port Arthur project is moving faster because of a construction agreement that spans both phases with Bechtel. Port Arthur Phase 2 may receive its non-Free Trade Agreement Export Permit early next year…
AG&P LNG acquires Australia's Venice Energy and develops South Australian import terminal
The Singapore-based Atlantic, Gulf and Pacific LNG (AG&P LNG) has agreed to acquire the Australian energy infrastructure developer Venice Energy and build its Outer Harbor Import Terminal in South Australia. AG&P LNG aims to have the LNG import terminal at Port Adelaide operational by the first quarter 2027. This was stated in a Thursday statement.
Chubu Electric, Japan, plans to increase its investment in renewable energy and SMR overseas
A company executive revealed that Chubu Electric Power, Japan, plans to invest further in overseas decarbonisation projects, such as renewable energy, small-modular reactors (SMRs), or carbon capture and storage (CCS) to fuel the future growth of the company. Chubu, the major regional electric utility in Japan, announced a long-term plan for 2021.
Data shows that Russian LNG tankers are avoiding the Arctic as winter approaches.
LSEG data on Thursday showed that ships carrying Russian liquefied gas (LNG), to Asia, are returning to longer routes around Africa’s Cape of Good Hope instead of those along the Arctic coast as the winter season starts. The new Arctic LNG 2 project in Russia also lacks sufficient ice-class tankers to continue the navigation along Northern Sea Route. However, some of these tankers still do so.
What we can learn from China's latest military exercises around Taiwan
China's day of wargames around democratically-governed Taiwan was Monday a warning against'separatist actions. Although they appeared shorter, the drills were intense and fast-paced in their simulation of attacks and deployments of ships and aircraft. The last major war games were held in May, following the inauguration of Lai Ching Te as Taiwan's new president.
Kpler reports that four tankers are still at sea, with cargoes not sold with Arctic LNG 2.
According to ship tracking agency Kpler data, four tankers carrying Russian Arctic LNG 2 are still at sea. This highlights the difficulties of the U.S. sanctioned project for the sale of seaborne gas. The agency reported that on Monday, the tankers were seen crossing the seas without indicating a destination. This is because the market still anticipates a possible delivery to a customer.
Mexican President says that new Pemex refinery is running at about 80% capacity
The new refinery of Mexico's state-owned Pemex is currently processing crude oil at 80% capacity, according to the president. This represents a significant increase from the latest data released by the company. The Olmeca refinery, located near the port of Dos Bocas on Mexico's Gulf Coast, has a daily capacity of 340,000 barrels. It is the largest of Pemex’s seven domestic facilities.
Sources say that India's Adani Group is planning 10 GW of overseas hydroelectric projects
Four sources familiar with Adani Group's plans said that the group plans to build ten gigawatts worth of hydroelectric projects overseas in the next few years. This will help the conglomerate achieve its goal of achieving net zero carbon emission by 2050. The billionaire Gautam Adani announced that his group, which includes businesses ranging from rice to concrete…
