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CCS
2024-10-17
MOL to Investigate Ship Transportation of LCO2 for Kyushu West Offshore CCS Project
As informed, the research is commissioned by the Japan Organization for Metals and Energy Security (JOGMEC) as the Engineering Design Work for Advanced CCS Projects. The parties participating in the research are West Japan Carbon dioxide Storage Survey, E
Photovoltaic （PV）
2024-10-17
JSW Energy Signs 25-Year PPA With NTPC for 700MW Solar Project
JSW Energy has a current solar pipeline capacity of 3.2GW, of which 2GW is backed by signed PPAs.JSW Energy Thirteen, a subsidiary of JSW Energy, has secured a power purchase agreement (PPA) with India’s National Thermal Power Corporation (NTPC)
Electricity Trade
2024-10-16
OPEC Fund Approves $25 Million Loan for Tajikistan’s Rogun Hydropower Plant
The OPEC Fund for International Development (OPEC Fund) has approved a $25 million loan to support the construction of the Rogun Hydropower Plant (HPP) in Tajikistan. This loan marks the first tranche of a $100 million financing agreement aimed at bolster
Offshore Wind Power
2024-10-16
Emirati Vessel Provider Wins Contract in European Offshore Wind Sector
Gulf Marine Services (GMS), a UAE-based provider of self-propelled and self-elevating support vessels for the offshore energy sector, has raised its backlog to $505 million thanks to a new contract in Europe and the extension of two existing ones in the M
Nepal
2024-10-16
Nepal, Bhutan Seek Indian Investment for Hydro Power Projects
Nepal and Bhutan are seeking Indian investment to boost their hydroelectric output and export surplus power to New Delhi, officials from the two countries said on Tuesday at an industry event.India, which aims for net zero emissions by 2070, is looking fo
LNG
2024-10-16
Sinopec Says East China Shale Oil Field Pumping at 1,600 Tons a Day
The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British ColumbiaSinopec (600028.SS), is advancing development of shale oil at its pilot project Jiyang in east China, pump
China
2024-10-15
CNOOC Sees Record Oil and Gas Output From Independent Field
China National Offshore Oil Corporation (CNOOC) has revealed a record cumulative production of nine billion cubic metres (bcm) of natural gas and more than 900,000m³ of crude oil from the Deep Sea #1 field.Production from the field is set to rise
CCS
2024-10-15
Japanese Companies Team up for Carbon Capture Project in Hokkaido
Japan Petroleum Exploration Co (1662.T), Idemitsu Kosan Co (5019.T), and Hokkaido Electric Power Co (9509.T),said on Tuesday they have teamed up to develop a carbon capture and storage (CCS) facility in northern Japan.CCS is part of Japan's goal t
Wave Energy
2024-10-15
Ocean Power Technologies Shakes Hands With Kuwaiti Firm to Explore Offshore Energy Projects
The agreement paves the way for the deployment of OPT’s wave adaptive modular vessels (WAM-Vs), unmanned surface vehicles (USVs), as well as next-generation PowerBuoys (PBs) equipped with AI-driven Merrows.As we continue our growth, we are excit
LNG
2024-10-15
HMM’s LNG-Ready 13K Teu Boxship Fleet Is Almost Complete
HMM Opal was built by Hanwha Ocean in South Korea and will sail on the PSX (Pacific South Express) route, connecting major ports in Korea and Shanghai to Los Angeles and more, HMM said.The ship is part of the twelve-strong LNG-ready 13,000 TEU containersh
Japan
2024-10-15
North Star Wins First CSOV Deal
North Star has secured its first contract for a commissioning service operation vessel (CSOV)This award for the newbuild VARD 4 22 design Grampian Kestrel CSOV (pictured), will precede the decade-long minimum charter contract the firm signed in February t
Oil & Gas Trade
2024-10-15
OPEC Trims Its China Crude Demand Forecast, but Nowhere Near Enough: Russell
An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022OPEC cut its estimate for China's crude oil demand growth in 2024 for a third straight mont
LNG
2024-10-14
TotalEnergies Contracts Fourth LNG Refueling Ship
TotalEnergies SE has expanded its liquefied natural gas (LNG) bunkering fleet to four vessels with a charter agreement with Spanish shipping company Ibaizabal Group.The French energy major plans to deploy the vessel in Oman, where it has a bunkering-focus
Offshore Wind Power
2024-10-14
World’s First 26 MW Offshore Wind Turbine Rolls off Production Line
A 26 MW offshore wind turbine has been rolled off the production line by China’s Dongfang Electric Corporation (DEC) in Fuzhou, Fujian Province.The company said the offshore wind turbine is tailored for areas with wind speeds of 8 m/s and above
Malaysia
2024-10-14
Sabah Sells Sixth Crude Oil Cargo, Secures RM100 Million Revenue
The CCA gives the state greater revenue sharing, greater say and greater participation in the oil and gas value chain in Sabah.Sabah has sold its sixth crude oil cargo from Labuan Crude Oil Terminal (LCOT) with an estimated sales revenue of more than RM10
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