Energy News Beat
Under Biden, Americans endured a radical net zero agenda. Trump’s executive actions are rolling it back and restoring energy freedom.
Under Biden, Americans endured a radical net zero agenda. Trump’s executive actions are rolling it back and restoring energy freedom.
The post Trump Is Dismantling Biden’s Green New Scam And Restoring Energy Freedom appeared first on Energy News Beat.
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A DHS memo sent by Secretary Kristi Noem has ordered the elimination of all climate work, policies, and activities across all divisions.
A DHS memo sent by Secretary Kristi Noem has ordered the elimination of all climate work, policies, and activities across all divisions.
The post DHS Aligns With Trump’s Agenda, Ends Climate Change Activities Across Divisions appeared first on Energy News Beat.
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Airbus scrapped its hydrogen aircraft plans, citing infrastructure and cost issues, as green energy dreams keep colliding with harsh economic realities.
Airbus scrapped its hydrogen aircraft plans, citing infrastructure and cost issues, as green energy dreams keep colliding with harsh economic realities.
The post Plane Wrong: Airbus Abandons Hydrogen-Powered Aircraft appeared first on Energy News Beat.
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A Federation Council delegation, led by Chairperson Valentina Matviyenko, has held talks with Ethiopia’s prime minister on trade, legislation and partnership
A senior delegation from Russia’s Federation Council, led by its chairperson Valentina Matviyenko, is on a three-day trip to Ethiopia where they have held talks with Ethiopian Prime Minister Abiy Ahmed Ali.
Among the Federation Council delegation is a high-ranking team that includes Maxim Reshetnikov, Russia’s Minister of Economic Development; Mikhail Murashko, Minister of Health; representatives from the Ministry of Finance, Rosatom, and the Russian Academy of Sciences.
During the talks Matviyenko conveyed greetings from Russian President Vladimir Putin, in which he emphasized Russia’s commitment to fostering a constructive and enduring dialogue with Ethiopia.
“Ethiopia is a key partner for Russia in Africa, and we share a long history of mutually beneficial relations,” Matviyenko stated.
One of the primary objectives of the visit is to enhance collaboration between legislative bodies, streamline legal frameworks, and facilitate the ratification of intergovernmental agreements. The Russian delegation also aims to boost trade and economic ties, which have grown substantially.
“In 2024, trade turnover increased more than fourfold, with significant expansion in both exports and imports,” Matviyenko noted.
Russian businesses have expressed keen interest in Ethiopia’s energy, pharmaceutical, and agricultural sectors, as well as in nuclear energy initiatives.
Matviyenko extended an invitation to Ethiopia’s leadership to attend the 80th anniversary celebrations of Victory in the Great Patriotic War in Moscow on May 9. The prime minister assured that either he or the country’s president, Taye Atske Selassie, would attend.
Matviyenko identified interregional cooperation as a promising area for development. After the talks she noted that Russia and Ethiopia share similar positions on key global issues.
READ MORE:
Russia and Ethiopia boosting economic ties
“This is a country that does not bow to external pressures. Ethiopia asserts its sovereignty and has gained considerable authority on both the African and global stage. Its accession to BRICS speaks volumes and opens new avenues for cooperation in the UN and other international platforms,” she remarked.
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TotalEnergies has joined forces with Air Liquide to develop projects for the production of around 45,000 tons of green hydrogen a year.
The green hydrogen will be produced using renewable power mostly from the OranjeWind offshore wind farm, which will be developed by the two companies.
The projects will cut carbon emissions from TotalEnergies’ refineries in Belgium and the Netherlands by up to 450,000 tons a year.
TotalEnergies and Air Liquide have signed an agreement to set up a joint venture, equally held by TotalEnergies (50%) and Air Liquide (50%), which will build and operate a 250MW electrolyser near the Zeeland refinery.
The project will enable the production of up to 30,000 tons of green hydrogen a year, most of which will be delivered to Zeeland’s platlform.
The electrolyser will be commissioned in 2029 and will cut the site’s carbon emissions by up to 300,000 tons a year.
In addition, TotalEnergies has signed an agreement for 130MW to be dedicated to the production of 15,000 tons per year of green hydrogen for its platform in Antwerp.
Under this agreement, the company will supply energy produced by the OranjeWind project to Air Liquide to be transformed into green hydrogen. It is expected to be operational by the end of 2027 and will reduce emissions at the Antwerp site by up to 150,000 tons per year.
Vincent Stoquart, President, Refining & Chemicals at TotalEnergies said: “Following the first partnership agreement with Air Liquide to supply the Normandy refinery with green hydrogen and the agreements to supply the Grandpuits and La Mède biorefineries with renewable hydrogen, the partnership with Air Liquide takes on a new dimension and marks a new step in TotalEnergies’ ambition to decarbonise the hydrogen consumed by its refineries in Europe by 2030.
“By supplying these two electrolysers with renewable electricity from our offshore wind project in the Netherlands, TotalEnergies is leveraging its positioning as an integrated electricity company.”
The post TotalEnergies and Air Liquide team up for green hydrogen appeared first on Energy Live News.
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With this, the small liquefaction plant with a capacity of about 600,000 cbm per year now entered full commercial operations, according to Eneva.
The first liquefaction unit with a capacity of about 300,000 cbm started operations in December last year.
Built in the vicinity of the Parnaíba natural gas treatment unit, the plant is supplied by gas from Eneva’s fields in the Parnaíba basin.
Eneva said it has signed deals for all of the plant’s capacity, with the latest deal announced on February 3.
This deal, which runs until the end of 2034, is with VirtuGNL to supply LNG fuel for heavy-duty trucks in Brazil.
“The new agreement more than quadruples Eneva’s supply of LNG, which increases from 35,000 to 150,000 Nm³/day, with the prospect of volume growth that could reach 750,000 Nm³/day,” Eneva said.
The company previously said it had signed three LNG supply contracts for the plant’s volumes, with supply terms between three and 10 years.
Back in May 2022, Eneva said it would supply LNG to compatriot pulp and paper maker Suzano under a 10-year deal.
Trucks will deliver LNG to a regasification unit at Suzano’s giant pulp mill in Imperatriz, Maranhao, as the firm looks to slash emissions further.
The company said at the time it plans to invest about 530 million reais ($84 million) to install one small liquefaction unit at its Parnaiba complex.
Last year, Eneva also announced in a press release it had signed its first small-scale natural gas supply contract with Copergas, a gas distributor in Pernambuco.
Eneva will supply Copergas for three years from the small-scale liquefaction plant to regasification units in Petrolina and Garanhuns, which Eneva will operate.
The company expects to deliver up to 35,000 cbm per day in Petrolina and up to 5,000 cbm per day in Garanhuns.
Besides this project, Eneva closed a deal in 2022 with US LNG firm New Fortress Energy and joint venture partner Ebrasil to buy the Sergipe LNG power plant for about $1.29 billion.
This LNG-to-power project started commercial operations in 2020 and includes a regasification terminal served by the 170,00O-cbm Energos Nanook, and the 1,593 MW plant in Porto de Sergipe.
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Mitsubishi Electric Corporation has signed an agreement with HD Renewable Energy to collaborate on initiatives to help the company achieve carbon neutrality.
They will establish a joint venture and Mitsubishi Electric will acquire a stake in HD Renewable Energy.
The joint venture, which will be established in Japan in April 2025, will help fund solar power and battery storage system development, investment and asset management as well as electricity retailing.
It will aim to provide services that help achieve efficient power utilisation and carbon reductions for businesses and society at large.
Mitsubishi Electric is aiming to achieve net zero greenhouse gas emissions from its factories and offices by March 2031 – the latest move is expected to support its goal.
The post Mitsubishi Electric teams up with HD Renewable Energy for carbon neutrality appeared first on Energy Live News.
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Norwegian offshore vessel owner DOF Group has won two contracts for one of its construction support vessels.
The two contracts by two undisclosed international oil companies for a pair of separate subsea construction projects in the Gulf of Mexico.
According to DOF, the total expected duration for the projects is approximately two months in total. The financial details were not revealed.
The deals were awarded to the 2018-built Skandi Implementer which recently departed Mexico following contract termination after payment default from a client. The vessel was set to work in the country until the end of April 2026.
The vessel will complete the integration of survey services and two of DOF’s ROVs in late February before starting the project mobilization.
The Skandi Implementer was previously a part of Maersk Supply Service’s fleet under the name Maersk Implementer. DOF bought Maersk Supply Service last year in a deal worth $1.1bn.
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Singapore-based floater owner and operator Yinson Production has acquired 100% of the shares in Stella Maris CCS from UK floater player Altera Infrastructure.
Stella Maris is a Norway-based carbon capture and storage company developing a full CCS value chain, including carbon capture, intermediate storage, offshore transportation, and permanent sequestration of CO2 captured from industrial sources.
The company holds a 40% stake in the Havstjerne reservoir on the Norwegian Continental Shelf. Developed in partnership with Harbour Energy, the Havstjerne CO2 injection and storage project is a cornerstone of Stella Maris’ activities, with its technical feasibility validated by extensive seismic data and reservoir studies.
The European Union’s Innovation Fund has selected the Havstjerne CO2 injection and storage project for a grant of up to €225m, payable against expenditures upon certain investment and commercial operation milestones. This is considered the largest EU grant for a CCS project to date.
“The acquisition of Stella Maris is a logical step in expanding our portfolio of strategic investments within the carbon capture space, and we are excited to integrate these solutions to help industrial emitters achieve their decarbonisation targets,” said Lars Gunnar Vogt, CTO of Yinson Production.
Altera Infrastructure has already sold several of its subsidiary companies outside its core business. Namely, it sold its 18-vessel-strong tanker business for an undisclosed sum in November 2024 to the Angelicoussis Group. The formerly named Altera Shuttle Tankers has been renamed this week to Maran Shuttle Tankers.
Earlier in 2024, the company also offloaded its anchor-handling and towage unit, ALP Maritime, to Dutch-based Boskalis.
As for Yinson Production, the company was able to secure a $1bn investment last month from a consortium of international investment companies to drive further growth.
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While no merchant ships have been attacked in the region this year, there’s little sign authorities believe the Red Sea shipping crisis is coming to an end anytime soon.
The European Union has announced it is extending the mandate of its maritime security operation, EUNAVFOR Aspides, for an additional year, reinforcing efforts to safeguard freedom of navigation in the Red Sea region. The operation will now continue until February 28, 2026, with a budget of over €17m ($17.8m) allocated for its extended period.
In addition to protecting vessels, ASPIDES has been authorised to gather intelligence on arms trafficking and shadow fleets.
Transits through the Red Sea and the Suez Canal have seen a very slight uptick in traffic in recent days, but most shipowners who have eschewed the region in favour of longer trips around the African continent are sticking with that policy as tension remains high in the Middle East with the ceasefire between Israel and Hamas still facing many hurdles.
CMA CGM has announced a new service from India into the Red Sea passing by the Houthis in Yemen, a rare move by a global liner to deploy tonnage to the region. The new service is operated by three vessels and is operated jointly by Saudi-based Folk Maritime and Oman-based Asyad Shipping.
An unloaded LNG tanker, Trader III, has been sailing through the Red Sea this week, the second vessel of its kind to take the passage so far this year.
The leader of the Houthis warned last week his fighters have their fingers “on the trigger” ready to resume their campaign against merchant shipping passing by the Red Sea in the event that the ceasefire between Israel and Hamas backfires.
No ships have been attacked this year, with the Houthis saying they will step back so long as Israel’s war with Hamas ends.
As and when the Red Sea does open up for merchant ship traffic will drive profits and losses for many shipping companies this year.
Top management at Maersk laid out earlier this month how the Houthis from Yemen could dictate the line between black or red ink for the coming year.
Maersk’s EBIT forecast for 2025 ranges from zero to $3bn, depending on whether the Red Sea opens in the middle of the year or the end of the year.
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Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
