Regions

Korean companies plan to develop green hydrogen and green ammonia project in Indonesia

Korean companies Samsung and Hyundai are planning to develop a $1.2 billion project to produce green hydrogen in North Sumatra, Indonesia. The Korean companies in collaboration with the Global Green Growth Institute (GGGI) will develop the large-scale green hydrogen/ ammonia production project utilizing green geothermal power from the Sarulla geothermal power plant in the Sarulla Block in North Sumatra, Indonesia.

Helios Project in Saudia Arabia to start construction

A $5bn project to produce green hydrogen at Saudi Arabia’s futuristic Neom mega-development is expected to begin this month. When complete in 2026, the plant will be the world’s biggest producer of hydrogen from renewable sources.

ExxonMobil LAO production unit progresses toward commercial startup in mid-2023

– ExxonMobil announced that construction of the new linear alpha olefins (LAO) manufacturing unit at its Baytown, Texas, integrated petrochemical complex is progressing and targeting commercial start up in mid-2023. When fully operational, the new facility will have the capacity to produce approximately 350,000 metric tons of LAO annually.

NextDecade and Guangdong Energy Announce Binding Heads of Agreement

NextDecade Corporation announced today the execution of a binding Heads of Agreement (“HOA”) with Guangdong Energy Group Natural Gas Co., Ltd. for the long-term supply of liquefied natural gas for 20 years from NextDecade’s Rio Grande LNG export project in Brownsville, Texas.

OGE and RWE present national infrastructure concept H2ercules

Hydrogen production, storage and import terminals in the north of Germany to be connected with consumers in the west and south Plans for up to 1 GW of new electrolyser capacity and 1,500 kilometres of pipeline Further partners to be connected / large consumers have signalled interest

German LNG Terminal and Shell sign Memorandum of Understanding on the import of LNG through the planned terminal in Brunsbüttel

Following the latest developments in relation to the construction of an energy terminal in Brunsbüttel, German LNG Terminal GmbH and Shell have now signed a Memorandum of Understanding (MoU) on the import of LNG through the terminal. In it, they agree that Shell will make a long-term booking of a substantial part of the Brunsbüttel terminal’s capacity for the import of LNG. Both parties are currently working towards a binding agreement on the scope and duration of their partnership, and hope to complete it as soon as possible.

ABB to electrify two plants in North America set to produce 60 tons of green hydrogen daily

ABB has been awarded two major contracts by Plug Power Inc., a leading provider of turnkey solutions for the global green hydrogen economy, to provide the electrical systems for two new hydrogen plants in North America, set to collectively produce 60 tons of green hydrogen per day. Green hydrogen is produced with renewable energy sources and emits zero carbon when used as fuel.

Alliander and GroenLeven turn solar rays into hydrogen

Alliander and GroenLeven in Oosterwolde (Friesland) open the very first domestic hydrogen factory next to a solar park in the Netherlands. At this location, electricity generated by solar panels is converted into hydrogen. Alliander and GroenLeven will investigate how hydrogen can play a role in areas where the capacity of the electricity grid is not sufficient to return large-scale generated solar energy.

West Virginia hydrogen hub coalition takes next step to secure hub in the state

U.S. Senators Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, and Shelley Moore Capito (R-WV), Representative David McKinley (R-WV) and Governor Jim Justice (R-WV) submitted the West Virginia Hydrogen Hub Coalition’s official response to the U.S. Department of Energy’s (DOE) first step in the process to select winning hydrogen hubs funded by the bipartisan Infrastructure Investment and Jobs Act.

Delta Airlines and Airbus collaborate to pull forward the future of hydrogen fuel

Delta and Airbus will collaborate on industry-leading research to accelerate the development of a hydrogen-powered aircraft and the ecosystem it requires.

Venture Global Announces New Sales Agreements for Plaquemines and CP2 LNG, Releases Update on Pre-FID Milestones

Today, Venture Global LNG announced that it has executed two new long-term 20-year Sales and Purchase Agreements (SPAs) with New Fortress Energy Inc., including 1 million tonnes per annum (MTPA) from Plaquemines LNG and 1 MTPA from CP2 LNG. This is the first SPA for the CP2 LNG facility, which the company expects to commence construction on in 2023. With these agreements, Venture Global has now executed over 80% of long-term 20-year contracts signed by US LNG companies since 2017.

Project Havelstoff secures the sale of 4,000 tons of Green Hydrogen per year.

Plagazi AB has signed a letter of intent (LOI) together with WIRTZ Energie + Mineralöl GmbH with the intent to form a long-term offtake agreement of 4’000 tons of green hydrogen, and potentially for e-fuels, produced in Plagazi’s German flagship project Havelstoff located in Brandenburg and run together with Neue Energien Premnitz. The estimated amount of hydrogen that Wirtz will source, covers the yearly production of one Plagazi HE-2000 unit and the parties have agreed upon an indicative price of EUR 7 per kilogram of H2.

CEFC, Octopus Australia and Hostplus power green makeover with Gippsland clean energy park

A joint venture between the CEFC and Octopus Australia to develop renewable energy assets has attracted the might of leading superannuation fund Hostplus to deliver a large-scale clean energy park in Gippsland that will accelerate the region’s transition to a clean, green future.

Bruce Power Net Zero Inc. exploring nuclear’s role in hydrogen production to help Ontario meet emissions targets

Bruce Power Net Zero Inc. (BPNZ) is exploring the potential for carbon-free nuclear technology to advance opportunities to market and mass-produce hydrogen to help Ontario and Canada meet climate change targets.

Aramco JV to Develop Major Refinery and Petrochemical Complex in China

Aramco has taken the final investment decision to participate in the development of a major integrated refinery and petrochemical complex in Northeast China. Huajin Aramco Petrochemical Company (HAPCO), a joint venture between Aramco, North Huajin Chemical Industries Group Corporation and Panjin Xincheng Industrial Group, will develop the liquids-to-chemicals complex.

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.

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.

Cheniere and Engie Increase Volume and Extend Term of LNG Sale and Purchase Agreement

Cheniere Energy, Inc. announced today that its subsidiary, Corpus Christi Liquefaction, LLC, has agreed with Engie SA to amend the liquefied natural gas (“LNG”) sale and purchase agreement (as amended, the “SPA”) the parties previously entered into in June 2021.

New green hydrogen project by EDF Renewables UK and Hynamics comes to Teesside

EDF Renewables UK and Hynamics, a subsidiary of EDF Group specialising in hydrogen, are announcing plans to invest significantly in their Teesside operation, supporting local and national government aspirations to regenerate Tees Valley by investing in decarbonisation.

Keyera and Shell sign agreement to advance clean energy

Building on Keyera's efforts to advance sustainable energy solutions for its own business and that of customers, Keyera Corp. and Shell Canada Limited have signed a memorandum of understanding (MoU) to collaborate on potential low-carbon projects in Alberta's Industrial Heartland. This collaboration would leverage existing assets, adjacent lands, and strong leadership to support industry's journey to a lower-carbon future and attract new investment opportunities to the region.

Venture Global LNG Expands LNG Partnership With Shell

Today, Venture Global LNG announced the execution of a new long-term 20-year Sales and Purchase Agreement (SPA) with Shell NA LNG LLC (Shell) for the supply of 2 million tonnes per annum (MTPA) of LNG from Venture Global’s Plaquemines LNG export facility. This new deal builds on Shell’s existing contract for 2 MTPA from the Calcasieu Pass LNG export terminal, bringing Shell’s total long-term offtake from Venture Global’s facilities to 4 MTPA.

Cheniere Signs EPC Contract with Bechtel for the Corpus Christi Stage III Project and Issues Limited Notice to Proceed to Commence Construction

Cheniere Energy, Inc. announced today that its subsidiary, Cheniere Corpus Christi Liquefaction Stage III, LLC, has entered into a lump sum, turnkey, engineering, procurement and construction (“EPC”) contract with Bechtel for the Corpus Christi Stage III Project. In addition, CCL Stage III has released Bechtel to commence early engineering, procurement and other site work at the Corpus Christi Stage III Project under a limited notice to proceed (“LNTP”).

Centrica supports National Grid project to explore green hydrogen injection

Centrica is set to support National Grid to establish methods for injecting green hydrogen into the National Transmission System (NTS). To meet the net zero targets set by the UK government, the UK gas networks need to decarbonise. National Grid, alongside CNG Services, Element Energy and Centrica, have been granted £114,652 for a discovery phase project as part of Ofgem’s Strategic Innovation Fund (SIF) competition.

Planning for hydrogen storage in Gronau underway

Investment decision dependent on IPCEI funding commitment Approval procedure with public participation to start in first half of 2022

Pertamina, PT Pupuk Indonesia, and Mitsubishi Corporation Agree to Develop Blue/Green Hydrogen and Ammonia Business

PT Pertamina (Persero), PT Pupuk Indonesia (Persero), and Mitsubishi Corporation agreed to develop the Green Hydrogen and Green Ammonia Value Chain and Carbon Capture Utilization and Storage (CCUS) businesses. This agreement aligns with the government's target of reducing emissions by 29% by 2030.

TES initiates the ‘fast-tracking’ of its Green Gas terminal, ‘part of the Green Hydrogen Hub’ in Wilhelmshaven to secure alternative and sustainable energy for Germany

Tree Energy Solutions (TES) is initiating the acceleration of its announced plans to develop the German port of Wilhelmshaven into a world-scale hub for importing Green Gas. The fast-tracking will provide for alternative energy security for Germany and Europe whilst accelerating the growth of Green Gas imports over time. With Green Hydrogen at its core, the Wilhelmshaven green gas terminal is sustainable, carbon-neutral, and transitional, meeting the German’s government short term and long term energy requirements.

Venture Global LNG and JERA Announce Departure of Inaugural Commissioning Cargo From Calcasieu Pass

Today, Venture Global LNG and JERA Global Markets Pte. Ltd., a trading subsidiary of JERA Co., Inc., announced the successful loading and departure of the first cargo of liquefied natural gas (LNG) produced at the Calcasieu Pass LNG export facility in Cameron, LA. The LNG was loaded on the Yiannis, chartered by JERA Global Markets. Calcasieu Pass now holds the global record for the fastest large-scale greenfield LNG facility to ever be built, moving from FID to LNG production in just 29 months. It is also one of the first greenfield LNG export projects to ever be constructed in the United States.

ExxonMobil planning hydrogen production, carbon capture and storage at Baytown complex

ExxonMobil said today it is planning a hydrogen production plant and one of the world’s largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown, Texas, supporting efforts to reduce emissions from company operations and local industry.

Chevron Announces Agreement to Acquire Renewable Energy Group

Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) (“REG”) announced today a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share.

Shell intends to exit equity partnerships held with Gazprom entities

The Board of Shell plc (“Shell”) today announced its intention to exit its joint ventures with Gazprom and related entities, including its 27.5 percent stake in the Sakhalin-II liquefied natural gas facility, its 50 percent stake in the Salym Petroleum Development and the Gydan energy venture. Shell also intends to end its involvement in the Nord Stream 2 pipeline project.