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Air Products CEO reaffirms Gulf Coast blue ammonia potential | Air Products News

Air Products is confident blue ammonia from the US Gulf Coast will be “very competitive” in Europe, according to its CEO Eduardo Menezes. The industrial gas major recently delayed the start-up of its multi-billion-dollar Louisiana blue hydrogen project to 2028/29, and is looking to divest its stakes in the carbon sequestration and ammonia production elements. Speaking on today’s Q3 earnings call, in which adjusted operating income was flat at $741m but results outperformed guidance, Menezes said it was looking to confirm third party partnership by the end of this year. “We are working to get these partnerships done by the end of the year, as we said at the previous quarter. Three months later, I’m reasonably optimistic that we will get there,” he said. “The fundamentals of the [Darrow] project remain very strong. It’s a… Read More »Air Products CEO reaffirms Gulf Coast blue ammonia potential | Air Products News

BP renews EnerMech’s contract for work across Caribbean platforms

Aberdeen-headquartered integrated solutions specialist EnerMech has won a contract extension for work carried out on offshore platforms operated by the Trinidadian affiliate of the UK’s energy giant BP. The post BP renews EnerMech’s contract for work across Caribbean platforms appeared first on Offshore Energy.

Plans to restart California’s offshore oil platform duo by year-end fuel opposition as new entrants join legal fight

With a decade-long wait coming to an end once a platform off the coast of California switched back to oil production mode, the U.S. Interior Department has revealed a timeline for the resumption of oil output from two more platforms. As environmental groups are opposed to the restart of the platform trio, a legal challenge is underway, with new supporters entering the pool of members after a federal court enabled more groups to join the legal fight against Sable and ExxonMobil. The post Plans to restart California’s offshore oil platform duo by year-end fuel opposition as new entrants join legal fight appeared first on Offshore Energy.

gasworld Intelligence publishes Indonesia Pulse report | Business Intelligence

Suppliers and customers operating in the fast-moving Indonesia market can now access gasworld Intelligence’s Pulse report and find all about the latest data and trends to help them in their commercial decision making. Indonesia’s industrial gas market is poised for sustained growth to 2030, driven by demand from manufacturing, energy and healthcare sectors. Demand for nitrogen, oxygen and carbon dioxide continue to rise with merchant volumes increasing year-on-year while hydrogen shows potential for transport and power generation, in line with global clean energy initiatives. But the country remains strongly tied to coal and natural gas, whose contribution to electricity generation accounts for around 18%. Aidan Sparrowhawk, Data Intelligence Director, said between 2015 and 2029 Indonesia’s industrial gas revenues are set to double to $754m. Over this period, food, manufacturing and metallurgy are the largest gas… Read More »gasworld Intelligence publishes Indonesia Pulse report | Business Intelligence