Kellas Midstream to invest three-quarters of a billion pounds in major blue hydrogen project
It is full steam ahead for Aberdeen-headquartered Kellas Midstream as it plans to push on with a £750 million investment for a major blue hydrogen project.
hydrogen
Japan’s JERA and Summit Power eye decarbonisation in Bangladesh
JERA, the world’s largest buyer of liquefied natural gas (LNG), and Summit Power, Bangladesh’s largest independent power producer, are collaborating on a plan to decarbonise the South Asian nation’s power sector.
JGC and Pertamina team up for CCS and hydrogen in Indonesia
Japanese engineering company JGC and Indonesia’s national energy company Pertamina said they will study prospective joint projects in the decarbonisation business field after signing a memorandum of understanding (MoU).
Australian government pledges up to $52m for BP’s hydrogen hub
The Australian government said yesterday that it will provide additional funding of up to A$70 million (US$52 million) for BP’s (LON:BP) proposed A$252.5 million green hydrogen hub at Kwinana in Western Australia.
North Sea operators confirm future for Flotta into 2030s and beyond
Repsol Sinopec Resources UK (RSRUK) and CNOOC have confirmed plans to continue exporting oil to the Flotta Terminal for years to come.
ESG factors must lead to energy transformation
The war in Ukraine has jolted European politicians into finally understanding that overdependence on imported energy can carry extreme risks. What they haven’t understand yet though is that you can’t just turn off one set of taps and turn on another.
Wood Mackenzie – ‘Bare minimum’ of £485bn needed to establish global hydrogen market
A “bare minimum” of £458 billion of investment and policy support will be needed by 2050 to get the global hydrogen market up and running.
Kent and CGG team up for CCS and hydrogen development
Engineering services giant Kent will partner with geoscience technology provider CGG to examine opportunities for carbon capture development and hydrogen production and supply.
The clean energy funds financing the future
Transforming the global energy system is going to take mammoth investments on three fronts - time, effort, and perhaps most important of all, money.
How ESG, and the wider energy industry, is being challenged by Russia’s invasion of Ukraine
The definitions of Environmental, social and corporate governance (ESG) have been challenged by Russia’s invasion of Ukraine, nowhere more so than in the energy sector, where companies have been forced by events to exit Russia abruptly and energy prices have soared to record levels.
A year after launch, the North Sea Transition Deal is building our nation’s low-carbon future
The UK’s bus and lorry fleets, plus many homes, could be running on low carbon hydrogen within two decades thanks to green technologies now being pioneered in three UK regions renowned until now for their carbon-intensive industries.
Indonesia needs $25bn for green hydrogen
The Indonesian government estimates that Southeast Asia’s largest economy will need investments of up to $25.2 billion to develop green hydrogen from 2031 to 2060. Significantly, state-backed Pertamina is looking to invest some $11 billion to help accelerate the clean energy transition, including hydrogen developments, over the next five years.
BP UK boss Louise Kingham delivers ‘shock to the system’
Louise Kingham admits she may be a bit of a “shock to the system”, but as head of the UK business of energy giant BP, a good jolt is what is needed.
Aker Offshore Wind and Aker Horizons in merger
Aker Offshore Wind and Aker Horizons have announced an all-stock merger as part of a wider reorganisation to get after energy transition opportunities.
Petrofac boss tells supply chain it needs to ‘justify’ renewables local content targets
A senior figure at energy services giant Petrofac (LON: PFC) has challenged the energy supply chain to earn its right to secure work on low carbon schemes.
GGGI, Samsung, Hyundai to join $1.2bn green hydrogen scheme in Indonesia
South Korea’s Samsung and Hyundai will collaborate with Global Green Growth Institute (GGGI) on a $1.2 billion clean energy project in Indonesia to produce green hydrogen.
Shell to invest up to £25 billion in UK energy system over next decade
Shell has announced it will invest up to £25 billion in the UK energy system in the coming years.
‘Fairly underwhelming’ – Sunak criticised for not pulling CCS or hydrogen ‘rabbit out of the hat’
Rishi Sunak has been criticised for failing to announce specific backing for key transition technologies during his Spring Statement.
Op-ed: Andy Samuel on the OGA becoming the North Sea Transition Authority
April Fools’ Day is nearly here but jokes and pranks will be far from people’s minds.
North Sea regulator OGA in rebrand – and confirms plans for new licensing round
The North Sea regulator, the Oil and Gas Authority (OGA), has become the latest industry institution to rebrand in a shift towards cleaner energies.
Woodside teams up with US tech for Australia carbon capture and utilisation
Australia’s Woodside (ASX:WPL) and US-based technology developers ReCarbon and LanzaTech have launched a collaborative studies campaign aimed at converting carbon emissions into useful products.
Malaysia’s Petronas and Japan’s ENEOS eye commercial hydrogen scheme
Malaysia’s Petronas and Japanese oil company ENEOS Corporation (ENEOS) have signed an agreement to advance studies for a commercial hydrogen production and conversion project at Kerteh in the Malaysian state of Terengganu. The move follows a pact signed between Malaysia and Japan last August to develop a clean hydrogen supply chain between the nations.
Bigger Faster Better #2: The future of hydrogen in the UK and UAE
The second episode of Bigger Faster Better explores the future of hydrogen and compares how this crucial low-carbon technology is developing in the UK and the United Arab Emirates (UAE).
South Korea’s SK Group pledges $100m investment for Asian decarbonisation push
South Korea’s SK Group will invest $100 million in a joint venture with 8 Rivers Capital that will focus on the decarbonisation of Korean and key Asian markets. Significantly, this marks one of the largest single private investments in a carbon capture solutions provider to date, said 8 Rivers Capital.
Normalising Hydrogen is already a thing in Europe
There are those that only talk about Net Zero – the “talkers”, those that are forever preparing Net Zero plans and studies – the “ditherers”, and those who are really getting on with implementing genuine Net Zero – the “doers”.