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First Gen cleared to operate Batangas LNG terminal for 25 years

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FGEN LNG, a wholly-owned subsidiary of Philippine utility First Gen, has received the permit to operate and maintain (POM) its interim offshore liquefied natural gas (LNG) terminal located in the First Gen Clean Energy Complex in Batangas, Philippines. The post First Gen cleared to operate Batangas LNG terminal for 25 years appeared first on Offshore Energy.

Funding and support for hydrogen | Features

Green hydrogen projects are coming through, but slowly, with challenges around securing buyers for supply, which would drive final investment decisions on projects. In a panel discussion at Wood Mackenzie’s Hydrogen Conference 2024, in November last year, the challenge was discussed by three key players in hydrogen finance and investment. Christian Annesley reports In a context where lots of capital has been provisionally allocated for hydrogen projects, but reaching final investment decisions has been hard, how to do we speed things up from here and remain optimistic? What is the shape of the market today? Arun Mago  I can give you a flavor. At Société Générale we are advising on several projects and also helping clients to raise equity. Right now, my team is taking our first transaction to credit – that is, helping a… Read More »Funding and support for hydrogen | Features

JLR signs up for UECC’s initiative to reduce emissions through bioLNG use

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United European Car Carriers (UECC) has added luxury vehicle manufacturer JLR to its initiative for using low-carbon liquefied biomethane (LBM) in maritime transport, enabling the former to achieve sustainability goals in its global logistics chain. The post JLR signs up for UECC’s initiative to reduce emissions through bioLNG use appeared first on Offshore Energy.

Interim CEO takes the helm at Trillion as previous one retires

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Canada’s oil and gas player Trillion Energy has named an interim Chief Executive Officer (CEO) and added two new members to its management team following the resignation and retirement of its current CEO and Director. The post Interim CEO takes the helm at Trillion as previous one retires appeared first on Offshore Energy.

CSTC closed 2024 with bulker duo order

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China Shipbuilding Trading (CSTC), part of China State Shipbuilding Corporation (CSSC), has closed 2024 by receiving a new order for two 82,600-ton bulk carriers. The post CSTC closed 2024 with bulker duo order appeared first on Offshore Energy.

Shanghai Waigaoqiao Shipbuilding ushers in 2025 with first ship delivery

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Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding, part of China State Shipbuilding Corporation (CSSC), has delivered Seascout, a 114,000 dwt tanker newbuilding, to Greek shipping company Thenamaris. The post Shanghai Waigaoqiao Shipbuilding ushers in 2025 with first ship delivery appeared first on Offshore Energy.

Provaris, Uniper and Norwegian Hydrogen move forward with hydrogen supply deal

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Provaris Energy, Uniper Global Commodities and Norwegian Hydrogen have signed a conditional term sheet for the supply, transport and offtake of hydrogen from Nordics to North-Western Europe. The post Provaris, Uniper and Norwegian Hydrogen move forward with hydrogen supply deal appeared first on Offshore Energy.