Day: April 28, 2025

Japan’s Hokuriku Electric kicks off preliminary work on Toyama LNG unit

Energy News Beat In a statement on Monday, Hokuriku Electric announced the start of preliminary work on the LNG-fired Unit 2, a “highly-efficient” gas turbine combined cycle power generation facility. The unit will have a capacity of 600 MW. In addition, the utility said it has also started the environmental impact assessment process for the […]

Cheniere’s Corpus Christi expansion project 82.5 percent complete

Energy News Beat Cheniere’s Corpus Christi plant currently liquefies natural gas at three operational trains, each with a capacity of about 5 mtpa. In June 2022, Cheniere made the final investment decision on the Corpus Christi Stage 3 expansion project, worth about $8 billion, while compatriot Bechtel officially started construction on the project in October of the same year. The […]

Cairn hires EMGS for 3D survey off India

Energy News Beat Norwegian seismic service provider Electromagnetic Geoservices (EMGS) has been hired by India’s Cairn Oil & Gas to conduct a 3D controlled source electromagnetic survey for its exploration campaign in the deepwater Krishna-Godavari block on India’s east coast. Cairn will be one of the first companies in India to utilise 3D CSEM survey […]

RWE stops all US offshore wind activities due to political climate

Energy News Beat RWE German utility RWE has frozen all of its US offshore wind operations due to the political environment created by the administration of current president Donald Trump. In November last year, while the campaign for the new US president was still hot, the company said that the possibility of a new administration […]

Wison New Energies nets work on Petronas FLNG set for Suriname

Energy News Beat Wison New Energies China’s Wison New Energies has signed the detailed feasibility study for a new-build floating liquefied natural gas (FLNG) facility offshore Suriname. The unit is set to be deployed at the Petronas-operated Block 52. The Malaysian giant has also been the block’s 100% owner since ExxonMobil opted to abandon its […]

Boxship collides with bulker on Long Tau river in Vietnam

Energy News Beat X.com A bulker and a boxship collided late on Friday night on the Long Tau river near Vietnam’s Ho Chi Minh City, resulting in the bulker partially sinking. The 2018-built containership KMTC Surabaya, owned by Japan’s Nissen Kaiun and operated by Korea Marine Transport, collided with the 2015-built dry bulk carrier Glengyle, […]

Oman’s Asyad Shipping sets new VLCC pricing benchmark with $205m double swoop

Energy News Beat Middle EastTankers Asyad Drydock Asyad Drydock Cash-rich Asyad Shipping, formerly known as Oman Shipping Co, has completed a deal for a pair of VLCCs, the first modern supertankers to change hands for 11 months. Brokers link Asyad Shipping to the acquisition of the 2020-built sisterships, Landbridge Wisdom and Landbridge Glory. The ships […]

Second edition of Geneva Dry opens today

Energy News Beat The second edition of Geneva Dry, the world’s premier commodities shipping conference, opens today with a record attendance and delegates keen to hear what’s in store for the global trade outlook in the coming 12 months following a turbulent start to 2025. With 819 registered delegates, organisers had to turn away more […]

Iran port blast death toll rises to 40

Energy News Beat Source: X A massive explosion killed at least 18 people and left around 800 others injured near Iran’s biggest port, Bandar Abbas. The blast, which took place at Shahid Rajaee terminal on Saturday morning, damaged multiple buildings in the area and caused additional fires. Aerial footage showed at least three areas ablaze, […]

Sea Consortium orders boxship pair at Hyundai Mipo

Energy News Beat Hyundai Mipo Dockyard A ship order with a very early delivery date from Sea Consortium, the parent of X-Press Feeders, has been revealed. Clarksons Research is reporting Sea Consortium has ordered a pair of 2,800 teu boxships at Hyundai Mipo in South Korea with delivery due in March and May 2027. The […]