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Online Exclusive (Opinion): Security for U.S. and Europe begins with new energy policy
It is high time that the U.S. forges a new energy policy based on facts and common sense. Before Tuesday’s decision to halt the import of Russian oil and gas, the Biden Administration had put more sanctions on U.S. oil and gas than on Russian oil and gas. Public lands have been made off-limits for drilling. The cancellation of the Keystone XL pipeline, and restrictions on other pipelines, have blocked the efficient U.S. distribution and export of energy. FERC approvals and EPA requirements have hampered the development of several gas export projects. Only the Russian assault on Ukraine has stopped Nord Stream 2, and that from Germany—not the U.S.
GEI Hydrogen Project Playbook – 2021 In Numbers
The GEI Data Research Team looks at the new hydrogen projects added to our database and the progress made on existing developments.
Refinery Developments Rebound in 2021
2021 brought an anticipated rebound in oil demand as driving activity increased throughout the year and lockdowns from the pandemic eased, along with the seasonal demands for heating as things returned to some level of normalcy in many ways. The resiliency of the industry was tested early this past February when the state of Texas encountered a series of winter storms that put a third of U.S. refining capacity offline for a short time. This event could have been viewed as a harbinger of continuing difficulties for the industry, following the events of 2020 that had already seen approximately 2.3 million barrels per day of refining capacity shut in. Despite this, countries around the world pushed projects forward in different ways and in varying sizes in the face of the emerging energy transition and from potential overcapacity in some regions.
UK Government Gives Vattenfall Consent
The UK Government has awarded planning consent for Vattenfall’s Norfolk Boreas offshore windfarm.
An Unremarkable Year?
The year 2021 is unlikely to go down in history as a particularly memorable one for the world of liquefied natural gas.
SOCAR Makes FID Push for Petrochemical Plant in Turkey
The State Oil Company of Azerbaijan (SOCAR) is working towards a final decision around the construction of the Mercury petrochemical complex in the Aliaga district of Izmir, Turkey. This expectation comes as many projects that had been postponed due to the COVID-19 pandemic effect are seeing new movement, and this previously delayed project is having new urgency attached to it.
New York's First Offshore Foray
The US Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has issued a Record of Decision, setting the stage for New York’s first offshore windfarm to begin construction.
McDermott Eyes Net-Zero LNG
McDermott, a fully-integrated provider of engineering and construction solutions to the energy industry, has completed an LNG construction study on behalf of Shell Global Solutions, looking towards net-zero construction emissions.
GEI Hydrogen Project Playbook – Issue 4
The GEI Data Research Team looks at the new hydrogen projects added to our database and the progress made on existing developments.
US to spend $8bn on hydrogen hubs
Hydrogen strategy will be drafted following passing of Biden administration’s infrastructure bill The US will develop a national clean hydrogen strategy and roadmap over the next few months following the passing of the administration’s infrastructure bill. The $1.2tn bipartisan bill, soon to be signed into law by President Joe Biden, provides extensive support and funding for hydrogen
GEI Hydrogen Project Playbook – Issue 3
The GEI Data Research Team looks at the new hydrogen projects added to our database and the progress made on existing developments. Issue 2 of the Hydrogen Project Playbook looks at October. Fifty-seven new projects were added to our database in the month of October across, green, blue, turquoise and transportation hydrogen. These projects are either under construction, planned or proposed.
China to Shutter Teapot Refineries for Upcoming Mega Complex
The Shandong Province of China is expected to close in 10 independent refineries with over 500,000 barrels per day capacity by the end of 2022 in order to clear a path for a new integrated refinery already under construction.
China's Winter Natural Gas Demand to Rise
China’s demand for natural gas is expected to rise to 180 billion cm this winter, up 10% year-on-year, according to PetroChina.
UK Government Makes £230 Million Pledge
The UK Government has pledged £230 million in new funding in its Autumn Budget, released the week before COP26, for the offshore wind industry.
Cerilon Begins Planning $2.8 Billion GTL Plant in North Dakota
The North Dakota Department of Commerce and North Dakota Governor Doug Burgum announced recently that the North Dakota Development Fund has approved its initial support for Cerilon of Calgary to begin development of a significant gas to liquids (GTL) complex to be built in Trenton, North Dakota.
Enapter Claim Earthshot Prize
The Earthshot Prize award ceremony took place on the 17 October 2021 at London’s Alexandra Palace.
Sri Lanka Poised to Join LNG Market
The country’s push to become an LNG importer is gathering pace, bolstered by the island nation’s location on major shipping lanes.
Ambitious offshore wind leasing strategy
The US Secretary of the Interior, Deb Haaland has outlined the path forward for future offshore wind leasing to meet the Biden-Harris administration’s goal to deploy 30GW of offshore wind energy by 2030.
GEI Hydrogen Project Playbook – Issue 2
The GEI Data Research Team looks at the new hydrogen projects added to our database and the progress made on existing developments. Issue 2 of the Hydrogen Project Playbook looks at September.
Oil Demand in India Pushes Refinery Developments
Oil demand in India is expected to push construction of new refining projects in the region, as this demand could more than double to 11 million barrels per day by 2045. With this growth anticipated, new projects have been developing throughout the year to stay on pace to capitalize on this demand.
Chile Welcomes Repsol
Repsol has completed the construction of its first joint windfarm in Chile with Ibereolica Renovables.
Qatar Deals with China Again
Qatar Petroleum has entered into a long-term Sales and Purchase Agreement (SPA) with a subsidiary of CNOOC.
Will Hydrogen Take Off in the Aviation Sector?
As the world recovers from the Covid-19 pandemic, business and leisure air travel will become a viable option again, the need to move people across the globe will return and the aviation industry plays a key role in this.
First of Many?
A Canadian company with a First Nations partner, has started design work on a $10 billion floating LNG proposal on the country’s east coast.
Modular Construction Pays Off for SABIC and ExxonMobil
Saudi Basic Industries Corporation (SABIC) recently announced that its joint venture project with Exxon Mobil known as the Gulf Coast Growth Ventures (GCGV) project near Corpus Christi, Texas has indeed begun its commissioning procedures ahead of an expected startup by the end of the year. The GCGV complex is a significant petrochemical project for the partners with a cost figure of $7.3 billion USD that includes a 1.8 MMtpy ethane cracker, a 1.1 MMtpy mono-ethylene glycol unit, and twin polyethylene units with a combined capacity of 1.3 MMtpy, and its success thus far is partially due to how its construction has been approached.
Floating Along Nicely
According to research by trade association RenewableUK, the orderbook for global offshore floating wind projects currently stands at 54GW.
GEI Hydrogen Project Playbook – Issue 1
The GEI Data Research Team looks at the new hydrogen projects added to our database. Forty-one new projects were added to our database in the last four weeks across green, turquoise, blue and transportation hydrogen all are currently planned or proposed.
U.S. Offshore Enjoys Growth Spurt
According to the Department of Energy (DoE), the orderbook for US offshore wind capacity has increased 24% in the last 12 months to a potential generating capacity of 35GW.
Dangote Seeks to Escalate Polypropylene Output
Dangote complex to add 900,000 tpy of polypropylene production next to its massive 650,000 bpd oil refinery.
LNG Projects Aim to Shrug Off Challenging Year
Progress has been slow on both the liquefaction and regasification sides over the past 12 months, but numerous new developments are planned.
