Regions
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.
Borouge Successfully Starts Up its Fifth Polyproplyene Unit in Ruwais, Boosting Annual Polyolefin Capacity to Meet Growing Global Demand
Borouge, a joint venture between ADNOC and Borealis that provides innovative, value creating polyolefin solutions, has announced the successful start-up of its new fifth polypropylene unit (PP5) in Ruwais. The new unit will contribute to boosting the UAE’s production of polypropylene to meet the growing global demand for manufactured products in the recyclable advanced packaging, infrastructure and other industrial sectors.
Egyptian Natural Gas Holding Company and DNV sign MOU to develop strategies to decarbonize Egypt’s petroleum sector
Egyptian Natural Gas Holding Company (EGAS) and DNV signed a memorandum of understanding (MOU) to develop a supporting hub to evaluate the technical and economic feasibility of decarbonizing the Egyptian Petroleum sector.
Chevron, Iwatani Announce Agreement to Build 30 Hydrogen Fueling Stations in California
Chevron U.S.A. Inc. (Chevron), a subsidiary of Chevron Corporation, and Iwatani Corporation of America (ICA), a wholly owned subsidiary company of Iwatani Corporation, today announced an agreement to co-develop and construct 30 hydrogen fueling sites in California by 2026.
Airbus and CFM International to pioneer hydrogen combustion technology
Airbus has signed a partnership agreement with CFM International, a 50/50 joint company between GE and Safran Aircraft Engines, to collaborate on a hydrogen demonstration programme that will take flight around the middle of this decade.
HyDeal España, the world's largest integrated renewable and competitive hydrogen hub
HyDeal España is the first industrial implementation of the HyDeal Ambition platform, which was recently ranked by the International Renewable Energy Agency (IRENA) as the largest giga-scale renewable hydrogen project globally
ConocoPhillips Completes Purchase of Additional 10% Shareholding Interest in APLNG
ConocoPhillips today announced through its Australian subsidiary that it has completed the purchase of an additional 10% shareholding interest in Australia Pacific LNG (APLNG) from Origin Energy for $1.645 billion. After customary closing adjustments, cash paid for the additional interest is approximately $1.4 billion (AU$2.0 billion). The transaction resulted from the exercise of ConocoPhillips’ preemption right and is funded from cash on the company’s balance sheet.
Lummus Technology to Add CDAlky Technology to Large Complex in China
Lummus Technology of Texas recently announced that it has been contracted by the Shandong Yulong Petrochemical Co., Ltd, a subsidiary of China’s Nanshan Group, for the provision of their proprietary CDAlky technology in an upcoming alkylation unit. This 400 KTA alkylation unit will be part of the significant Shandong Yulong Refining and Petrochemical integrated Complex under development in the Shandong Province of China.
SoCalGas Proposes to Develop United States’ Largest Green Hydrogen Energy Infrastructure System to Help Decarbonize LA Basin and Accelerate California’s Climate Goals
Southern California Gas Co. (SoCalGas) today announced its proposal to develop what would be the nation’s largest green hydrogen energy infrastructure system (the Angeles Link) to deliver clean, reliable renewable energy to the Los Angeles region. As proposed, the Angeles Link would support the integration of more renewable electricity resources like solar and wind and would significantly reduce greenhouse gas emissions from electric generation, industrial processes, heavy-duty trucks, and other hard-to-electrify sectors of the Southern California economy. The proposed Angeles Link would also significantly decrease demand for natural gas, diesel, and other fossil fuels in the LA Basin, helping accelerate California’s and the region’s climate and clean air goals
USA BioEnergy to Construct Biorefinery in Texas
USA BioEnergy of Arizona recently announced that its subsidiary, Texas Renewable Fuels, is indeed developing a new biorefinery to located in the unincorporated area of Bon Weir, Texas. This announcement was made with Texas Governor Greg Abbott for this project.
Partners shortlisted for world’s largest green hydrogen project in Southland
Four potential development partners have been shortlisted for the Southern Green Hydrogen project, a joint venture between Meridian Energy and Contact Energy to develop the first large-scale green hydrogen plant in Southland. The shortlist comprises: a Japanese consortium of Mitsui & Co., Ltd., one of Japan’s largest trading and investment companies, and ENEOS, one of Japan’s leading integrated energy companies; leading gases and engineering company BOC, a Linde company. Linde is a global leader in the production, processing, storage and distribution of hydrogen; Fortescue Future Industries (FFI), a subsidiary of Australian Fortescue Metals Group, a global green energy company committed to producing zero-carbon green hydrogen from 100 per cent renewable sources; and Woodside Energy Limited, Australia’s leading natural gas producer, committed to providing sustainable energy solutions.
DOE Establishes Bipartisan Infrastructure Law's $9.5 Billion Clean Hydrogen Initiatives
The U.S. Department of Energy (DOE) announced two Requests for Information (RFI) to collect feedback from stakeholders to inform the implementation and design of the Bipartisan Infrastructure Law’s Regional Hydrogen Hub and the Electrolysis and Clean Hydrogen Manufacturing and Recycling Programs. This request will help accelerate progress, reduce technology cost, and ramp up the use of hydrogen as a clean energy carrier. Clean hydrogen is crucial to DOE’s strategy for achieving President Biden’s goal of a 100% clean electrical grid by 2035 and net-zero carbon emissions by 2050.
RWE and Neptune Energy join forces to accelerate green hydrogen production in Dutch North Sea
H2opZee is a demonstration project which aims at building 300 to 500 megawatts (MW) electrolyzer capacity far out in the Dutch North Sea, in order to produce green hydrogen by using offshore wind. The hydrogen will then be transported to land through an existing pipeline. The pipeline has a capacity of 10 to 12 gigawatts (GW), so it is already suitable for the further roll-out of green hydrogen production to gigawatt scale in the North Sea. The intention is to start the feasibility study in the second quarter 2022. The project is an initiative of TKI Wind op Zee, an initiative supported by the Dutch government that brings people, knowledge and financing together to realize the offshore energy transition.
Technip Energies Wins EPCC Contract with Petronas
Technip Energies has recently been awarded an engineering, procurement, construction and commissioning (EPCC) contract by PETRONAS Chemicals Fertilizer Kedah (PC FK), a subsidiary of PETRONAS Chemicals Group Berhad for the company’s upcoming melamine plant to be integrated into their existing complex in Gurun, Kedah, Malaysia. Dialog E&C of Malaysia is also part of this contract with Technip Energies.
Octopus Hydrogen and BayWa r.e. announce green hydrogen partnership to accelerate net zero contribution
Octopus Hydrogen and BayWa r.e. have signed a Memorandum of Understanding (MOU) to collaborate on innovative green hydrogen production facilities at renewable project sites across the UK. The strategic partnership will see Octopus Hydrogen install electrolysers, compression and mobile hydrogen storage alongside selected BayWa r.e. solar and wind projects.
