Japan’s biggest top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centers and AI, a senior executive told Reuters.
natural gas
Germany’s Costly LNG Terminals Aren’t Paying Off as Imports Dip
Germany spent big on liquefied natural gas terminals to ensure energy security, but the high cost of using them means they’re bringing in a tiny fraction of its gas needs.
https://gcaptain.com/germanys-costly-lng-terminals-arent-paying-off-as-imports-dip/
Electrifying in-bound logistics continues to expand globally
Volvo Trucks North America started using zero-emission electric trucks for in-bound logistics in 2021. It told fleets that to qualify to bring parts to Volvo plants, they would need VNR Electric trucks.
Freight forwarders complied. Watsontown Trucking Co. and Camrett Logistics ordered Class 8 VNR Electric trucks in October 2021. They began round trips to NRV in December of that year. Ryder System Inc. likewise leased seven VNR Electric trucks to transport pallets of components for heavy-duty...
https://www.freightwaves.com/news/electrifying-in-bound-logistics-continues-to-expand-globally
Venture Global building LNG fleet to sell cargoes directly on spot market
U.S. liquefied natural gas exporter Venture Global LNG, which is involved in multiple legal fights with clients, has announced it is building a large fleet of LNG-powered vessels.
Venture Global’s fleet will include nine vessels. Six will have a cargo capacity of 174,000 cubic meters and three a cargo capacity of 200,000 cubic meters. The tankers are under construction in South Korea and will be delivered starting later this year. All nine ships will be primarily fueled by Venture Global’s...
Chunk of Norway’s Offshore Gas Discoveries Risk Going Untapped
(Bloomberg) — A swath of Norway’s offshore gas discoveries risk remaining untapped due to challenges ranging from complex reservoirs to costs of production. By the end of last year, there…
https://gcaptain.com/chunk-of-norways-offshore-gas-discoveries-risk-going-untapped/
In focus: Is natural gas crucial element of energy transition?
With the world adapting to emerging sources of supply and decarbonization technologies, the discussion […]
The post In focus: Is natural gas crucial element of energy transition? appeared first on Offshore Energy.
https://www.offshore-energy.biz/in-focus-is-natural-gas-crucial-element-of-energy-transition/
TotalEnergies Faces Critique Over Energy Mix
The global push for decarbonization has intensified, compelling energy companies to reevaluate their fossil fuel investments and emphasize renewable energy sources. TotalEnergies, a prominent French energy corporation, is currently under scrutiny as questions arise about the alignment of its diversification strategy with its professed commitment to the energy transition.The offshore-energysource.
- TotalEnergies faces scrutiny over its commitment to decarbonization as...
https://mfame.guru/totalenergies-faces-critique-over-energy-mix/
Qatar Energy CEO: Natural Gas ‘Indispensable’ for Energy Transition
- QatarEnergy’s CEO, Saad Sherida Al-Kaabi, has highlighted the importance of natural gas in the energy transition and its role in the global effort to achieve net-zero emissions by 2050.
- Al-Kaabi highlighted the necessity of integrating natural gas into the energy landscape, as it will be indispensable for future energy needs.
- QatarEnergy’s CEO, Al-Kaabi, highlighted the need for a balanced energy transition, highlighting the need for natural gas as a cleaner,...
https://mfame.guru/qatar-energy-ceo-natural-gas-indispensable-for-energy-transition/
Future is All About LNG Powered Ships
Thousands of ships could use LNG as fuel. Is that a good thing?, writes Greg Miller for Freight Waves.
Natural gasNew study claims natural gas may be no better for climate than coal.
The shipping industry has placed a massive bet on liquefied natural gas as an alternative fuel — as a bridge between traditional fuel oil and whatever comes next, whether it’s methanol, ammonia, hydrogen or something else. Shipowners have spent billions of...
LNG Exporters Eye New Australia Growth as Profit Boom Fades
(Bloomberg) — Liquefied natural gas exporters aim to advance multibillion-dollar projects and revive the sector’s growth in Australia, arguing additional fossil fuel supplies are needed to support Asia’s energy transition….
https://gcaptain.com/lng-exporters-eye-new-australia-growth-as-profit-boom-fades/