Ppe

Oil & Gas Trade

Exclusive: Encap Eyes $5 Bln Sale of Shale Producer Grayson Mill -Sources

Private equity firm EnCap Investments is exploring a sale of Grayson Mill Energy that could value the Bakken shale-focused oil and gas producer at around $5 bil…

Hydrogen Fuel Vehicle

Japan to Launch First Ammonia-Fueled Ammonia Gas Carrier in 2026

Four Japanese companies — Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems, and Nihon Shipyard — have signed a series of contr…

LNG

Biden Set to Withhold Approval of LNG Terminals in Gulf of Mexico

The New York Times reported on January 24, 2024 that the Biden administration appears ready to delay and/or deny permits for new LNG terminals in the Gulf of Me…

Geothermal Power Project

Geothermal Resource Confirmed in Otwock, Poland

Town hall in Otwock, Poland (source: KubaZ, CC BY-SA 4.0, via Wikimedia Commons)In an announcement made by Mayor Jaroslaw Margielski, it was confirmed that ther…

Energy&Power

The 24rd China International Petroleum & Petrochemical Technology and Equipment Exhibition

cippe Beijing (http://www.cippe.com.cn/en/) has been held successfully for 23 years. In 2024, it is expected to welcome 1,800+ exhibitors, 18 international pavi…

Wind Farm

Ørsted Takes Final Investment Decision on Farranrory Onshore Wind Farm in Ireland

Ørsted has taken final investment decision (FID) on Farranrory Onshore Wind Farm in Tipperary, the company’s 22nd wind farm on the island of Irelan…

Offshore Wind Power

Vestas Announces Second Offshore Wind Factory in Poland

With European offshore wind market tipped for a rebound this year, the Danish wind turbine manufacturer Vestas has announced plans to establish a new blade fact…

Carbon Emissions

China Names Liu Zhenmin as Special Envoy for Climate Change

China has named Liu Zhenmin, a former vice foreign minister, as its new special envoy for climate change, after his predecessor Xie Zhenhua stepped down due to …

Hydrogen Production

New Partnership to Work on CCUS and Hydrogen Value Chains in Singapore

Keppel, Chevron Singapore, Pan-United Corporation, Surbana Jurong, Air Liquide Singapore, Osaka Gas Singapore and Pavilion Energy have signed a memorandum of un…

Hydrogen Fuel Vehicle

First Hydrogen-Powered CTV for German Offshore Wind Market Sets Sail

Source: FRS Windcat Offshore Logistics; Hydrocat 55The Hydrocat 55 is a CTV equipped with the dual-fuel hydrogen technology of CMB.TECH, one of FWOL’s sha…

India

Oil Slips on Large Saudi Arabian Price Cuts and Rising OPEC Output

Picture: REUTERSNew Delhi — Oil prices fell more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in Opec output, offsetting worri…

Coal Trade

Australia's 2023 Newcastle Coal Exports Ahead of 2022

The two Port Waratah Coal Services (PWCS) terminals at the key Australian coal port of Newcastle shipped more in 2023 than 2022 with a firmer end to the year.Th…

Electric Vehicles

BYD Breaks Ground on Its First Sodium-Ion EV Battery Plant

The world’s largest EV maker, BYD, broke ground on its first sodium-ion battery plant this week. BYD is investing $1.4 billion (RMB 10 billion) with 30 GW…

Coal Trade

Teck Ditches Coal, Flags Lower Copper Output in Chile

Fording River was one of Teck’s four steelmaking coal operations located in the Elk Valley of British Columbia. (Image courtesy of Teck Resources.)Teck Re…

Oil and Gas Equipment

Bunge says damaged natgas pipeline caused Indiana soy plant closure

A soybean processing facility in Decatur, Indiana, operated by global grain handler Bunge (BG.N) stopped operations last week following damage to a natural gas …