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Singapore-China partnership sets its cap on LNG procurement and trading

With the idea of pursuing a collaboration in liquefied natural gas (LNG) procurement and related trading services, Singapore’s Abaxx Commodity Exchange, an affiliate of Abaxx Technologies, has joined forces with Zhonggong Petroleum & Natural Gas (Zhonggong), an energy company with provincial-level priority projects in the north and southwest China, developed in coordination with the National Energy Administration. The post Singapore-China partnership sets its cap on LNG procurement and trading appeared first on Offshore Energy.

New energy hub on the cards for Balkans as JERA and Montenegro delve into LNG terminal possibilities

Japan’s energy major JERA has taken steps to augment its liquefied natural gas (LNG) arsenal by striking a deal with the government of Montenegro to look into the development of an LNG terminal and an associated gas-fired plant, which has the potential to establish a new energy hub in the Western Balkans, fortifying energy security not just in this country but also in Southeast Europe. The post New energy hub on the cards for Balkans as JERA and Montenegro delve into LNG terminal possibilities appeared first on Offshore Energy.

Port of San Diego reports progress on Maritime Clean Air Strategy

The Port of San Diego, the U.S., has implemented and is making progress on 80% of the objectives outlined in its Maritime Clean Air Strategy (MCAS), according to the latest MCAS highlights report. The post Port of San Diego reports progress on Maritime Clean Air Strategy appeared first on Offshore Energy.

MODEC gets go-ahead for LCO2 floating storage and injection unit

Classification society ABS has approved LCO₂FSIU, a floating storage and injection unit (FSIU) developed by Japan’s MODEC for receiving, temporarily storing, and ultimately injecting carbon dioxide (CO2). The post MODEC gets go-ahead for LCO2 floating storage and injection unit appeared first on Offshore Energy.