Energy Intensive Industries News

Provaris Energy and Norwegian Hydrogen AS have announced a new agreement to jointly progress the identification and development of several sites in the Nordic region for the large-scale production and export of hydrogen to European markets.The projects will utilize locally available renewable energy to produce hydrogen for shipment to European ports. This will assist energy-intensive industries in making an impact on their decarbonization plans and target a scale and level of…

The European Council has adopted five laws that are part of the Fit for 55 package, including the amendment to include shipping in the EU emissions trading system (ETS).The package sets the EU’s policies in line with its commitment to reduce its net greenhouse gas emissions by at least 55% by 2030 compared to 1990 levels and to achieve climate neutrality in 2050.The vote in the Council is the last step of the decision-making procedure. The laws will now be signed by the Council and the European Parliament and published in the EU’s Official Journal before entering into force.After that time…

Aker Horizons has signed a Letter of Intent with Statkraft and Yara with the aim to establish "Europe's first industrial-scale green ammonia project in Norway, enable the hydrogen economy, and accelerate the energy transition." The company said the first project in the partnership will be to electrify Yara's existing ammonia facility in Porsgrunn, "which has the potential to be one of the largest climate initiatives in Norwegian industrial history."The partners will further target green hydrogen and green ammonia opportunities within shipping…

Liquefied natural gas shipping firm Golar LNG and the engineering giant Black & Veatch on Thursday said they would expand their long-standing FLNG relationship, and start working on projects involving floating ammonia production, carbon capture, green LNG, and hydrogen.Golar LNG said that the partnership's first area of interest was floating ammonia production with carbon capture and storage - Floating Blue Ammonia. The two companies plan to jointly publish a thought leadership paper on Floating Blue Ammonia by the end of the year.After this, the companies plan to jointly publish their thoughts "as we focus in on the technical and commercial…

Hydrogen Europe and the Waterborne Technology Platform signed a Memorandum of Understanding (MoU) on 13 May 2019  to foster opportunities of hydrogen based fuels as part of zero-emission waterborne transport.The European research and innovation platform for waterborne industries said in a press release that this MoU will help both parties to identify opportunities for hydrogen-related technologies in order to reduce the significant emissions of waterborne transport.Furthermore, the MoU will help them both to explore the contribution of the waterborne sector in scaling up the development of hydrogen technologies in ports and industrial zones, in synergy with other sectors (e.g.

When the global oil industry held its biggest annual gathering this week in the Swiss town of Davos, it invited banking bosses and fund managers to discuss two key topics - climate change and pressure from investors.The conclusion of the discussions was worrying for those present - pressure is rising and the industry is losing a battle not to be seen as one of the world's biggest evils.The answer? Lure investors with higher returns and raise the PR game."There is no doubt - and…

BP's diversion of a tanker of liquefied natural gas (LNG) away from Egypt due to payment issues is the first sign that the country's currency crisis could be jeopardising its energy supplies, traders said. Earlier this month the tanker British Sapphire was diverted to Brazil rather than discharging in Egypt, with the delivery of the LNG cargo for Egypt delayed up until October, traders said. BP declined to comment. Egypt's state-owned EGAS was not available to comment. Egypt has been struggling to pay for U.S. dollar-priced oil products and LNG due to an acute foreign currency crisis, worsened by the Russian airliner disaster in October, which hit tourism revenue.

Manager and operator of the first semi-automated terminal in the Middle East, Khalifa Port Container Terminal, says it has appointed Mr. Mohamed Al Afeefi as Technical Director. Mr. Al Afeefi, who has been working in the oil & gas, aviation and energy intensive industries for the past 15 years, will be a key member of the corporate management team, with overall responsibility for overseeing technical, facility and workshop activities at ADT’s Khalifa Port Container Terminal. Bringing a wealth of industry experience to the terminal operator, Mr. Al Afeefi comes with a robust technical background as he led preventive maintenance programs…

In a review of Finnish energy policies launched, the International Energy Agency praised Finland for its commitment to a sustainable energy future. With its energy-intensive industries and its cold climate, Finland’s energy consumption per capita is the highest in the IEA. Yet the IEA noted that Finland’s energy policy framework was broad and coherent, covering all sectors and paving the way for a more sustainable energy system in the longer term. “Finland is highly dependent on imported fossil fuels, making security of supply a priority,” IEA Executive Director Maria van der Hoeven said as she presented the report in Helsinki. The report…