Asia Pacific
Western Green Energy Hub in Australia set to transform global green fuels production
An international consortium comprised of InterContinental Energy, CWP Global and Mirning Green Energy Limited, is announcing today an integrated green fuels mega project in the South-East of Western Australia
Shell and PetroChina sign world’s first term contract for Carbon-neutral LNG
PetroChina International Co. Ltd. today received its first carbon-neutral1 liquefied natural gas (LNG) cargo at Dalian port of China, after signing the industry’s first2 term contract for carbon-neutral LNG supply with Shell.
The World in Review
BP’s annual Statistical Review of World Energy was launched virtually by Chief Economist Spencer Dale on 8 July.
Qatar Petroleum and Korea Gas Corporation (KOGAS) signs a 20-year SPA to supply 2 Million tons of LNG Annually
Qatar Petroleum entered into a new, 20-year Sale and Purchase Agreement (SPA) with Korea Gas Corporation (KOGAS) for the supply of 2 million tons per annum (MTPA) of LNG to the Republic of Korea.
Asian renewable energy hub faces setback
The Asian Renewable Energy Hub (AREH) is one of the world largest and most ambitious energy projects.
A future jewel in the crown?
Crown LNG has signed an agreement with Aker Solutions.
Qatar Petroleum signs a 15-year SPA to supply 1.25 MTPA of LNG to CPC Corporation, Taiwan
Qatar Petroleum today entered into a 15-year LNG Sale and Purchase Agreement (SPA) with CPC Corporation, Taiwan (CPC) for the supply of 1.25 million tons per annum (MTPA) of LNG.
Petronas and CNOOC Sign 10-Year LNG Supply Agreement
PETRONAS LNG Ltd. (PLL), a subsidiary of PETRONAS, has secured a 10-year term deal to supply liquefied natural gas (LNG) to CNOOC Gas and Power Trading & Marketing Limited, a subsidiary of China National Offshore Oil Corporation (CNOOC).
Maire Tecnimont Wins EPCC Contract in India
In early July, Maire Tecnimont S.p.A. of Italy announced that its subsidiaries Tecnimont S.p.A. and Tecnimont Private Ltd have formed a consortium that has won an EPCC (Engineering, Procurement, Construction and Commissioning) contract by Indian Oil Corporation Limited (IOCL) for a new polypropylene plant in Barauni, India. Maire Tecnimont stated that the overall contract value was for $170 million USD.
Guangdong leading the way in offshore
Guangdong province has revealed ambitious plans to develop its offshore wind industry.
Qatar Petroleum signs SPA to supply China with 1 MTPA of LNG for ten years
Qatar Petroleum today entered into a long-term Sale and Purchase Agreement (SPA) with Shell for the supply of 1 million tons per annum (MTPA) of LNG to the People's Republic of China for ten years. LNG deliveries will commence in January 2022 to various LNG terminals in China.
Mainstream grows footprint in Vietnam with acquisition of 80% of solar portfolio
Mainstream Renewable Power, the global wind and solar company, has signed an agreement to acquire an 80 per cent shareholding in Technology and Development Joint Stock Company Limited (D&T), which is developing a 405 MW portfolio of solar projects in the Dak Nong province of central Vietnam.
China to Become World's Largest Market
China is set to replace Japan as the world’s largest LNG market this year.
GE to power Australia's first dual-fuel gas and H2 power plant
GE’s gas turbine technology will power Australia’s first dual-fuel capable natural gas/hydrogen power plant at the Tallawarra B Power Station in New South Wales, Australia. The project aims to accelerate the energy transition in Australia using gas that can be further decarbonized by using hydrogen and hydrogen-blended fuels.
Masdar wins Uzbekistan solar tenders
The Ministry of Energy of the Republic of Uzbekistan has large ambitions with solar power. It has a broad program to construct solar PV plants with a total capacity of 1 gigawatt (GW).
Doosan Heavy to boost H2 gas turbine development efforts
Doosan signed an MOU with Ulsan Metropolitan City, Korea East-West Power and SK Gas on pursuing a hydrogen gas turbine demonstration project.
Largest yet for the Philippines
Siemens Gamesa has secured an order to supply, install and commission 32 turbines in the Philippines.
Novatek looks east to China
Russia’s largest independent natural gas producer, Novatek, has signed a long-term supply deal with Zhejiang Energy.
Ministry of Energy awards tender for construction of 457 MW solar energy plant
The Ministry of Energy of Uzbekistan is pleased to announce the Winning Bidder of the tender for the construction of a 457 MW solar photovoltaic (PV) plant, in the Sherabad district of the Surkhandarya region, has been awarded to Abu Dhabi Future Energy Company PJSC (Masdar). The President of Uzbekistan Shavkat Mirziyoyev formally launched the implementation phase of the project on a visit to the site on 1 June 2021.
Solar: floating on water
As the latest alternative to rooftop solar-powered systems or ground mounted solar systems, floating photovoltaic (FPV) technology can utilise space otherwise wasted.
Indian Refiners in Line for Iranian Oil
Indian refineries could very well be preparing to start buying oil from Iran as early as the second half of this year, if U.S. sanctions on the country are indeed lifted.
Australia to Keep Two Refineries Open
Australian Prime Minister Scott Morrison announced this week that the Australian government will indeed support the two remaining refineries still open in the country, and that these two refineries have accepted this plan moving forward.
Amazon renewables drive
Amazon the America multinational technology company, most popular as an online retailer, has been in recent years driving to a more sustainable carbon footprint. In 2019 the enterprise-wide carbon footprint from direct and in-direct operational activities was 51.17 MMT CO2e according to the business’s website.
Technip Awarded an EPCC Contract for Upcoming PTA Plant in India
Technip Energies of France announced recently that it had been awarded a large Engineering, Procurement, Construction and Commissioning (EPCC) contract by the Indian Oil Corporation Limited (IOCL) for its upcoming Paraxylene (PX) and Purified Terephthalic Acid (PTA) project on the East Coast of India. No contract value was stated, but Technip Energies considers a “large” contract to be between $353 million and $707 million dollars.
Papua New Guinea: Total and the government of Papua New Guinea confirm remobilization and the planning of the Papua LNG project
A meeting took place on 3rd of May between Patrick Pouyanné, Chairman and CEO of Total, and a Delegation of Papua New Guinea (PNG) led by the Deputy Prime Minister Samuel Basil, with the objective to review together the next steps for the development of the Papua LNG project
Covid crisis cools Indian demand
LNG cargoes are being diverted away from import terminals in India as escalating Coronavirus cases in the country cool domestic gas demand. Further diversions are expected as India has reported new cases above 300,000 per day for two weeks straight. Prime Minister Modi has so far resisted the call ..
FIDs set to soar
New analysis from Westwood Global Energy Group, the specialist energy market research & consultancy firm, reveals that Final Investment Decisions (FIDs) outside mainland China will grow by 57% in the next 18 months, compared to the 2019-20 period. The growth represents an additional 20.4GW of new c..
Shandong shows its hand
Shandong Oil & Gas, CCC Urban & Rural, and Yantai Port have signed an agreement to cooperate on a new import terminal in Shandong Province. Shandong Oil & Gas (30%), CCC Urban & Rural (40%), and Yantai Port (30%) will form a project company to jointly establish the facility at Yantai, in the northe..
W.R. Grace Licenses its UNIPOL Technology for Shandong Polypropylene Project
W.R. Grace of Maryland recently announced that it will indeed provide its UNIPOL® PP Process Technology and its UNIPOL UNIPPAC® Process Control Software to Sinochem Hongrun Petrochemical for use at the developing polypropylene facility in Qingzhou, China. According to Grace, its UNIPOL PP service will give this project the widest available range of polypropylene homopolymers, random copolymers, and impact copolymers for this application.
Philippines prepares to join the import club
BW Gas has won the contract to supply an FSRU for an LNG import terminal in the Philippines. The 162,400cm BW Paris will be chartered for five years by First Gen Corp and its sole partner Tokyo Gas, for its 3.0m t/y FGEN LNG import terminal at Batangas City in Batangas Bay, on the island of Luzon. ..
