Gas
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MOL agrees LNG charter deal with new Sakhalin-2 operator
Mitsui OSK Lines (MOL) has signed a charter contract with the new Russian operator of the Sakahlin-2 liquefied natural gas…
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Lithuania’s KN declares purchase option on Höegh FSRU
Lithuanian oil and LNG terminals operator Klaipedos Nafta (KN) has exercised its option to acquire the floating storage regasification unit…
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Fortescue buys into hydrogen startup TES
Australian mining company Fortescue Metals Group is investing €130m ($129m) in Belgian-based hydrogen startup Tree Energy Solutions (TES), a company…
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Excelerate Energy presses ahead with FSRU newbuild in South Korea
Texas-headquartered Excelerate Energy is pressing ahead with a newbuild floating regasification and storage unit (FSRU) in South Korea, following a…
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Pavilion Energy and DNV roll out digital LNG bunkering in Singapore
Pavilion Energy, a wholly-owned subsidiary of Temasek, and class society DNV have jointly developed a fit-for-purpose LNG bunker digital platform…
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NYK boss outlines decarbonisation growth strategy
The head of Nippon Yusen Kaisha (NYK), one of the world’s largest shipping companies, has revealed the size of his…
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MISC lines up two more LNG newbuilds in South Korea for ExxonMobil
Malaysia’s top shipping line, MISC, has inked a long-term time charter contract with ExxonMobil subsidiary SeaRiver Maritime, for two newbuild…
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New leak detected in Nord Stream gas pipelines
Another leak has been revealed on the Nord Stream gas pipelines in the Baltic Sea, making it the fourth discovered…
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European gas prices soar following damage to Nord Stream pipelines
The price of European natural gas has soared on warnings of possible sabotage on the Nord Stream pipelines, deepening uncertainty…
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Mexico readies its first LNG export terminal
The east coast of North America is increasingly covered with gas export facilities, with Europe taking ever more cargoes in…
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MAN and ABB team up on dual-fuel electric propulsion solutions for LNG carriers
German engine manufacturer MAN Energy Solutions and Swiss technology group ABB have teamed up to develop a dual-fuel electric plant…
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China Merchants back at Dalian for more LNG carriers
China Merchants Energy Shipping (CMES) has returned to Dalian Shipbuilding Industry (DSIC) for more dual-fuel liquefied natural gas (LNG) carriers.…
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$300,000 a day: LNG freight rates scale new heights
The scramble to source gas from ever further distances has pushed the LNG shipping sector to new extraordinary highs. Average…
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ADNOC mulls Gunvor swoop
Abu Dhabi National Oil Company (ADNOC) is reportedly looking to buy all or part of the Swiss-based commodity trading giant…
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Finnish trio steps up green fuel push with ammonia-powered ship
Finnish shipowner Meriaura has teamed up with fellow marine technology firm Wärtsilä and sustainable fuel startup Green NortH2 Energy to…
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Trafigura explores ammonia cracking to bolster hydrogen supply chain
Commodity trading giant Trafigura has joined forces with US-based energy tech startup Amogy to study the use of ammonia as…
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Evangelos Marinakis eyes the CO2 trades
Evangelos Marinakis has shown his hand in the much hyped nascent liquefied carbon dioxide (CO₂) trades. Marinakis’s Capital Gas Ship…
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Provaris and Total Eren collaborate to ship compressed hydrogen to Europe and Asia
Australian hydrogen shipping start-up Provaris Energy, formerly Global Energy Ventures (GEV), has teamed up with French renewable energy developer Total…
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Partners accelerate studies on ammonia supply chain from Australia to Japan
Australia’s Woodside Energy, together with Japan’s energy players JOGMEC, Marubeni Corporation, Hokuriku Electric, Kansai Electric, Tohoku Electric and Hokkaido Electric,…
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LNG carrier rates on a charge
Rates for gas carriers are shooting up, passing $100,000 a day on the spot market this week in both the…
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