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Home2024June

Month: June 2024

Lufthansa
Climate Crisis

German airline Lufthansa hikes ticket prices by up to $77 due to environmental costs

June 25, 2024 Mariel Alumit

German airline company Lufthansa Group said Tuesday it would add an “environmental cost surcharge” to ticket prices as soon as this week, which could be as high as 72 euros ($77) for some flights. “The surcharge is […]

Covestro
Big Oil Companies

Covestro Enters Formal Talks on Takeover Offer by ADNOC

June 25, 2024 Mariel Alumit

Covestro AG said it’s entering concrete negotiations with suitor Abu Dhabi National Oil Co. on a potential takeover that could value the German chemical company at about €11.7 billion ($12.5 billion). The Middle Eastern energy […]

Microgrid
Grid

First Nations Community-Owned Microgrid Launched in Australia

June 25, 2024 Mariel Alumit

In the remote Barkly region of Australia’s Northern Territory, about halfway between Alice Springs and Darwin, sits the small First Nations outstation of Marlinja. Home to roughly 60 people, the outback community recently celebrated the […]

Russia
Geopolitical

Chinese energy firm packs its bags to join the exodus from Russia

June 25, 2024 Mariel Alumit

China-based provider of clean energy services Wison New Energies has signaled its intention to suspend all current and future Russian operations. This decision comes shortly after the Group of Seven (G7) accused China of ‘enabling’ […]

US Supreme Court
Energy Policy

US Supreme Court to hear NEPA case with implications for oil, gas projects

June 25, 2024 Mariel Alumit

The US Supreme Court June 24 agreed to hear a case questioning how far federal agencies’ must go in considering the upstream and downstream environmental impacts of their actions, in litigation with potential consequences for […]

ExxonMobil
Big Oil Companies

ExxonMobil allies with Air Liquide for its low-carbon hydrogen project in Texas

June 25, 2024 Mariel Alumit

U.S. energy major ExxonMobil and French industrial gas supplier Air Liquide have entered an agreement that is expected to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility, in the […]

GTT
Finance

GTT bags order for 10 giant LNG carriers

June 25, 2024 Mariel Alumit

French LNG containment giant GTT has secured an order from China’s Hudong-Zhonghua for ten 271,000-cbm liquefied natural gas carriers. GTT said in a statement that each of the very large LNG vessels will have five […]

China’s Beijing Gas
LNG

China’s Beijing Gas to launch second phase of Tianjin Nangang LNG terminal

June 25, 2024 Stu Turley

China’s Beijing Gas will soon launch the second phase at its Tianjin Nangang LNG import terminal in the Tianjin south port industrial zone. In September 2023, the Tianjin Nangang LNG facility received its first commissioning […]

Gasunie
LNG

Gasunie, Vopak gauging market interest for Eemshaven LNG imports beyond 2027

June 25, 2024 Stu Turley

Dutch partners Gasunie and Vopak are gauging market interest in LNG imports beyond 2027 via their FSRU-based LNG import facility in the port of Eemshaven. The Eeemshaven LNG hub consists of two chartered floating storage […]

ONGC and Indian Oil
LNG

ONGC and Indian Oil plan Hatta small-scale LNG plant

June 25, 2024 Stu Turley

India’s state-run ONGC and Indian Oil have signed a memorandum of understanding to establish a small-scale liquefied natural gas (LNG) plant near the Hatta gas field in the onshore Vindhyan basin. According to a statement […]

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