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Trading platforms teaming up to strengthen Asian LNG market

Singapore’s Abaxx Commodity Exchange and China’s Qingdao International Energy Exchange intend to explore strategic collaboration in the physical liquefied natural gas (LNG) market. The post Trading platforms teaming up to strengthen Asian LNG market appeared first on Offshore Energy.

China leads in total committed investments in $110B clean hydrogen industry, report finds

More than 500 clean hydrogen projects worldwide have reached maturity, representing $110 billion in investments, with China occupying the leading position in total committed investments and renewable hydrogen production, according to the Hydrogen Council’s new annual publication. The post China leads in total committed investments in $110B clean hydrogen industry, report finds appeared first on Offshore Energy.

$320M project to store CO2 at Gulf of Thailand gas field gets green light

Thailand’s national oil and gas company, PTT Exploration and Production Public Company Limited (PTTEP), has reached the final investment decision (FID) on a carbon capture and storage project (CCS) at a gas field in the Gulf of Thailand. The post $320M project to store CO2 at Gulf of Thailand gas field gets green light appeared first on Offshore Energy.

TotalEnergies strikes decade-long Asian LNG deal with South Korea’s KOGAS

TotalEnergies has secured a multi-year liquefied natural gas (LNG) supply agreement with Korea Gas Corporation (KOGAS), South Korea’s national gas company, which is perceived to be one of the world’s largest importers of LNG. The post TotalEnergies strikes decade-long Asian LNG deal with South Korea’s KOGAS appeared first on Offshore Energy.

Electric Hydrogen acquires Ambient Fuels to boost hydrogen projects

U.S.-based electrolyzer manufacturer Electric Hydrogen has acquired compatriot hydrogen project developer Ambient Fuels in a deal aimed at expanding the company’s project pipeline and strengthening its ability to co-develop clean hydrogen facilities with customers. The post Electric Hydrogen acquires Ambient Fuels to boost hydrogen projects appeared first on Offshore Energy.