North America
Monolith receives conditional approval for a one billion-dollar US Department of Energy loan
Monolith, a leader in clean materials production, today announced it has received conditional approval for a $1.04 billion loan from the U.S. Department of Energy (D.O.E.). Established via the Title XVII Innovative Energy Loan Guarantee Program, the loan will allow Monolith to expand its clean hydrogen and carbon black production facilities in Hallam, Nebraska, U.S.A.
Venture Global LNG and CNOOC Gas & Power Announce LNG Sales and Purchase Agreements
Venture Global LNG and CNOOC Gas & Power Group Co., Ltd., a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), announced the execution of a 20-year Sales and Purchase Agreement (SPA).
Pavilion Energy, QatarEnergy And Chevron Launch GHG Reporting Methodology For Delivered LNG Cargoes
Pavilion Energy Trading & Supply Pte. Ltd., QatarEnergy and Chevron U.S.A. Inc today announced they have jointly published a quantification and reporting methodology to produce a statement of greenhouse gas emissions (SGE) for delivered LNG cargoes.
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.
Chevron Phillips Chemical Plans New Propylene Unit in Texas
Chevron Phillips Chemical has announced that it will expand upon its propylene business in the Gulf Coast with the addition of a new C3 splitter unit. This new unit will be located in Baytown, Texas at the company’s existing Cedar Bayou complex.
World’s First Carbon Removal Plant Converting Wood Waste to Hydrogen
Climatetech innovator Mote announced today it is establishing its first facility to convert wood waste into hydrogen fuel while capturing, utilizing, and sequestering carbon dioxide (CO2) emissions resulting from its process. It’s estimated that more than 500 million metric tons of wood and agricultural waste are generated every year in the U.S., which today is either disposed of via natural decay, landfills, or open-air burn, all of which return carbon to the atmosphere. With the engineering work of their first facility underway, Mote expects to produce approximately seven million kilograms of carbon-negative hydrogen and remove 150,000 metric tons of CO2 from the air annually. That’s equivalent to removing 32,622 cars off the road. Mote expects to start hydrogen production starting as soon as 2024.
Caterpillar, BNSF and Chevron Agree to Pursue Hydrogen Locomotive Demonstration
Progress Rail, a Caterpillar Inc. Company (NYSE: CAT), BNSF Railway Company (BNSF), and Chevron U.S.A. Inc. (Chevron), a subsidiary of Chevron Corporation (NYSE: CVX), today announced a memorandum of understanding (MOU) to advance the demonstration of a locomotive powered by hydrogen fuel cells.
Caterpillar, BNSF and Chevron Agree to Pursue Hydrogen Locomotive Demonstration
Progress Rail, a Caterpillar Inc. Company, BNSF Railway Company, and Chevron, today announced a memorandum of understanding (MOU) to advance the demonstration of a locomotive powered by hydrogen fuel cells.
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.
Woodside Energy expands hydrogen portfolio to the United States
Leading Australian energy producer Woodside has announced plans to expand its portfolio of hydrogen production opportunities to the US, securing land in Oklahoma for future development of a modular hydrogen facility and entering a memorandum of understanding (MoU) with Hyzon Motors.
Fortescue Future Industries and Indigenous leaders in Canada collaborate on green hydrogen projects
Fortescue Future Industries (FFI) has signed Memoranda of Understandings (MoUs) with three Indigenous Nations in Canada, paving the way for FFI to lead the green hydrogen and green energy revolution across Canada. FFI has signed MoUs with the Lheidli T’enneh First Nation in British Columbia; members of the Homeguard Cree First Nations in northern Manitoba; and the Innu Nation in Newfoundland and Labrador.
St. Croix Energy Wins Bid for Troubled Limetree Bay Refinery
St. Croix Energy LLP announced that it won the recent auction for the shuttered Limetree Bay refinery in the U.S. Virgin Islands for a reported $20 million. The company hopes to restart operations at the long-troubled refinery.
Come By Chance Refinery to Convert to Biofuel Refining by mid-2022
The long running Come by Chance refinery in Newfoundland will indeed be converting over to biofuel operations by the middle part of next year, according to Cresta Fund Management. This U.S. based private equity firm purchased a majority share of the refinery in mid-2021 for this purpose.
Venture Global and Louisiana Governor John Bel Edwards Announce Proposed CP2 LNG Export Facility
Venture Global LNG and Louisiana Governor John Bel Edwards announced the company will invest more than $10 billion to develop a fourth LNG export facility in the State of Louisiana.
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.
Cheniere and Foran Energy Group Sign Long-Term LNG Sale and Purchase Agreement
Cheniere Energy, Inc. announced today that its subsidiary, Cheniere Marketing International, LLP, has entered into a binding 20-year liquefied natural gas sale and purchase agreement with Foran Energy Group Co., Ltd. The SPA follows a Heads of Agreement signed between subsidiaries of Cheniere and Foran in November of 2020.
Woodfibre LNG awards EPFC contract to McDermott
Woodfibre LNG has signed an Engineering, Procurement, Fabrication, and Construction (EPFC) contract with McDermott International. The EPFC contract is an important step in advancing detailed engineering and construction scheduling work in advance of Woodfibre LNG issuing a notice to proceed.
Global Infrastructure Partners Announces Agreement to Sell Interest in Freeport LNG to JERA Americas for $2.5 billion
Global Infrastructure Partners (“GIP”), a leading independent infrastructure investor, announced today an agreement to sell its 25.7% interest in Freeport LNG Development, L.P. (“Freeport”) to JERA Americas Inc. for US$2.5 billion, subject to customary purchase price adjustments. GIP’s second flagship fund, Global Infrastructure Partners II, acquired the stake in 2015.
Arbor Renewable Gas Picks Beaumont for Renewable Plant Location
Arbor Renewable Gas of Houston, Texas recently announced that it has decided upon a 53-acre site in Beaumont, Texas to be the location of the company’s initial renewable gasoline plant.
Talos Energy and Freeport LNG to develop Carbon Capture and Sequestration project on Texas Gulf Coast
Talos Energy Inc. and Freeport LNG Development, L.P. today announced that the companies have executed a letter of intent to develop a carbon capture and sequestration (CCS) project, the Freeport LNG CCS project (FLNG CCS), immediately adjacent to Freeport LNG's natural gas pretreatment facilities located near Freeport, Texas, on the Gulf Coast, approximately 60 miles southwest of Houston, Texas. The companies anticipate first injection could occur by year-end 2024. Talos will be the project manager and operator and will be joined by its partner, Storegga Geotechnologies Limited, the lead developer of the Acorn CCS project in the United Kingdom.
Alberta’s Northern Petrochemical Corporation Announces $2.5 Billion Petrochemical Project
Northern Petrochemical Corporation (NPC) of Alberta announced on November 10th, 2021, that it plans to build a carbon neutral ammonia and methanol facility in what will be the Greenview Industrial Gateway in northwestern Alberta on 265 acres.
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
Construction Continues for Dos Bocas Refinery in Mexico
Samsung Engineering recently announced that it has begun shipping modules destined for the upcoming Dos Bocas Refinery project under construction in Tabasco, Mexico. This facility will be Mexico’s first refinery built in the last 40 years.
Baker Hughes Invests in Ekona Power to Accelerate the Delivery of a Lower-Carbon Hydrogen Production Solution
Baker Hughes, an energy technology company, has announced an investment in Ekona Power Inc., a growth stage company developing novel turquoise hydrogen production technology. Through its investment, Baker Hughes will enhance its broader hydrogen and natural gas decarbonization solutions portfolio, further contributing to the energy transition.
Cheniere and Sinochem Group Sign Long-Term LNG Sale and Purchase Agreement
Cheniere Energy, Inc. announced today that its subsidiary, Cheniere Marketing, LLC, has entered into a binding liquefied natural gas sale and purchase agreement with Sinochem Group Co., Ltd.
Venture Global and Sinopec Announce Historic LNG Sales and Purchase Agreements
Venture Global LNG and China Petroleum & Chemical Corp. (Sinopec) announced the signing of two 20-year Sales and Purchase Agreements (SPA) for the supply of a total of 4 million tonnes per annum (MTPA) of LNG from Venture Global’s Plaquemines LNG export facility, in Plaquemines Parish Louisiana.
Wood Wins EPC Contract for Renewable Diesel Expansion in Louisiana
Wood PLC announced in early November that it had won an engineering, procurement, and construction management services contract with Renewable Energy Group of Iowa for its upcoming renewable diesel expansion project in Geismar, Louisiana. This expansion project will take the current production capacity from 90 million gallons per year to 340 million gallons per year in 2024.
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.
