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Future of Energy event: Switching from natural gas to hydrogen ‘unrealistic,’ says Uniper CEO | Hydrogen

The notion that the energy market can switch from natural gas to green hydrogen is “completely unrealistic,” according to Uniper CEO Michael Lewis. Speaking at the Gas, LNG and Future of Energy conference in London, he said, “The cost of green hydrogen is extremely expensive, around eight to 10 times the cost of natural gas. So that’s not an option if we want to keep Europe as an industrial powerhouse.” He described the current market changes as a “necessary recalibration”. Echoing sentiments throughout the two-day conference, Lewis said natural gas has huge advantages as it is abundant, affordable and flexible. He went on to describe the Iberian blackout, which happened earlier this year, as a “good wake up call” as it underlined the importance of supply security, and expressed challenges with electricity prices in Germany,… Read More »Future of Energy event: Switching from natural gas to hydrogen ‘unrealistic,’ says Uniper CEO | Hydrogen

UK backs Acorn and Viking CCS projects in Spending Review | CCS

The UK Government has formally announced its backing for two major carbon capture and storage (CCS) projects that could collectively capture and store over 15 million tonnes of carbon dioxide per year by 2030. Announced today as part of the UK Spending Review, the Acorn CCS project in Aberdeenshire and the Viking project in Humberside have been selected to move forward under the government’s Track-2 carbon capture cluster process. The decision confirms formal backing and opens the door to final negotiations on funding terms and deployment timelines, with £9.4bn allocated to support carbon capture, utilisation and storage and hydrogen projects over the coming years. “We have always been clear that we support the Acorn project … we know what an important proposal it is,” said Energy Minister Sarah Jones. … to continue reading this article… Read More »UK backs Acorn and Viking CCS projects in Spending Review | CCS

Find out latest gas data and trends across key US regions | United States

gasworld’s Intelligence team has produced handy regional ‘Pulse’ reports on key US regions which provide readers with latest data and trends across industrial gas sectors. The concise reports cover the West Coast, South West, South East, Plains, New England, Mountains, Great Lakes and Mid Atlantic. Reports on CO2 supply and demand are also available on Arizona, California, Nevada, New Mexico and Utah. Aidan Sparrowhawk, Data Intelligence Director at gasworld, said in a time of economic volatility and shifting industry dynamics, having access to precise, actionable intelligence is more critical than ever. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile to gain access to this… Read More »Find out latest gas data and trends across key US regions | United States

Future of Energy event: Oman’s IGC ‘to invest in fourth LNG train’ by year-end | LNG

Oman-based Integrated Gas Company (IGC) aims to achieve final investment decision on its fourth LNG train by the end of this year. Speaking at Wood Mackenzie’s Gas, LNG and Future of Energy conference in London, Abdul Rahman Al Yahyaei, CEO of IGC, said the fourth train would be an integrated project between upstream and downstream. “I think the LNG market is heading north, at least in the coming five years,” he added. IGC manages 8 bcm of gas annually, for 143 end-user companies and eight producers. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile to gain access to this full article and gasworld’s daily… Read More »Future of Energy event: Oman’s IGC ‘to invest in fourth LNG train’ by year-end | LNG

Messer supplies hydrogen and refuelling tech for 26-strong bus fleet in Germany | Hydrogen

Industrial gas major Messer has provided the hydrogen and refuelling technology for new hydrogen-powered fuel cell hybrid buses that were launched yesterday (2 June) in Kerpen (North Rhine-Westphalia), Germany. According to public transport company Rhein-Erft-Verehrsgesellschaft (REVG), which will operate the vehicles, the 26 buses will fully replace the current diesel engine-powered fleet by the end of this month. The new buses have a range of up to 350km per tank and will be refuelled at a hydrogen filling station supplied by Messer at the REVG site.  … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile to gain access to this full article and gasworld’s daily… Read More »Messer supplies hydrogen and refuelling tech for 26-strong bus fleet in Germany | Hydrogen

Podcast | How to support the hydrogen economy through infrastructure innovation | Podcast

In this episode of The 1895 Podcast, we discuss the current state and future of hydrogen infrastructure. We are joined by Chuck Hayes, Global Technical Lead of Clean Energy at Swagelok, to pick over the challenges and innovations in scaling hydrogen production, the importance of regulatory frameworks, and the role of companies, like Swagelok, in providing solutions for the hydrogen market and enabling the scale up of hydrogen infrastructure. We also discuss regional developments in hydrogen initiatives across the globe and the need for collaboration and expertise in building a sustainable, scalable and viable hydrogen economy. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile… Read More »Podcast | How to support the hydrogen economy through infrastructure innovation | Podcast

Chart and Flowserve to merge in $19bn deal

US industrial equipment businesses Chart Industries and Flowserve are to merge in a major $19bn deal that aims to establish a scaled industrial process technology business with a range of ‘flow and thermal’ solutions. The deal is expected to close in Q4 this year. Under the transaction, billed as a merger of equals, Chart will be the majority shareholder (53.5%), with 46.5% owned by Flowserve. The combined company – whose name will be announced at a later date – will be headquartered in Dallas, with presence maintained in Atlanta and Houston. The merger pools Flowserve’s expertise in cryogenic valves and hydrogen fuelling systems with Chart’s experience in handling gases and liquids in the clean energy and industrial gas markets, including a wide range of end markets such as LNG, nuclear, and chemicals. … to continue… Read More »Chart and Flowserve to merge in $19bn deal

Chart and Flowserve see chance in LNG and nuclear | Finance

Alongside conventional industrial gas synergies and opportunities, a key reason behind the $19bn merger of Chart Industries and Flowserve is that it provides potential growth in diverse end-markets. These include a raft of LNG and nuclear openings, encompassing the ‘full lifecycle’ of design, engineering, construction and installation, performance, and aftermarket services. Essentially, as with most mergers, the union allows both companies to fill in important portfolio gaps. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles! Want to keep reading? Please register for free and create a profile to gain access to this full article and gasworld’s daily news. For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other… Read More »Chart and Flowserve see chance in LNG and nuclear | Finance

Energy investment on course for record $3.3 trillion in 2025 | Finance

Global energy investment is set to increase to a record $3.3 trillion in 2025, despite headwinds from elevated geopolitical tensions and economic uncertainty, according to a new International Energy Agency (IEA) report. Investment in clean technologies – renewables, nuclear, grids, storage, low-emissions fuels, efficiency and electrification – is the main driver, and will account for $2.2 trillion. Solar PV continues to attract more capital than any other technology. Next to this, investment in oil, natural gas and coal is set to reach $1.1bn, underlining the gradual pace of the energy transition, with global spending on upstream oil and gas gravitating towards the Middle East. Investment in new liquefied natural gas facilities is on a strong upward trajectory as new projects in the US, Qatar, Canada, and elsewhere prepare to come online. Between 2026 and 2028,… Read More »Energy investment on course for record $3.3 trillion in 2025 | Finance

Webinar: Leak detection and emissions for hydrocarbons and hydrogen | Technology

Few areas are more important to industrial gas companies than leak detection. And with increased scrutiny on curbing emissions, ensuring safety and sustainability in all operations is vital. In today’s NevadoNano-sponsored webinar, Gary Collins, Vice-President of Sales & Marketing, and Jason Ayres, Field Services Manager, took attendees through the technologies and options available to ensure efficient and cost-effective processes. NevadaNano provides safety and climate tech for many of the world’s largest corporations, including multi-gas sensing products and continuous IoT monitoring systems based on its proprietary Molecular Property Spectrometer (MPS) sensor platform. Collins outlined the properties of the MPS, which can be configured to detect a variety of gases and different industry applications, such as flammable gas, HVAC and refrigerant, fugitive emissions, or battery off-gassing. One of its key benefits is the sensor’s 15-year life. It… Read More »Webinar: Leak detection and emissions for hydrocarbons and hydrogen | Technology