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Home2024December

Month: December 2024

STX Group
Biofuel

Trading house STX Group buys Marine Olie for biofuels business growth

December 3, 2024 Mariel Alumit

STX Group Dutch environmental commodity trader STX Group has acquired compatriot trader of waste-based advanced feedstocks Marine Olie for an undisclosed sum. The Amsterdam-based firm said the move would bolster its position in the biofuels […]

OPEC is Looking for Market Share While Playing the Long Game
Critical Minerals

OPEC+ Is Firming Up Deal for Three-Month Delay to Output Hike

December 3, 2024 Clark Savage

Delegates say no opposition has emerged so far to the proposal Ministers will meet online on Dec. 5 to seek formal agreement OPEC+ is making progress toward an agreement to delay its oil-production revival by […]

UECC
LNG

Titan, UECC expand bio-LNG supply deal

December 3, 2024 Andy Del Prado

Under the new agreement, Titan will deliver the vast majority of liquefied natural gas supplies to UECC’s multi-fuel ships in the form of liquefied biomethane or bio-LNG for the remainder of 2024 and then most […]

Gasunie
LNG

Gasunie finance chief to step down next year

December 3, 2024 Andy Del Prado

At that point, Hermes will have been employed by Gasunie for almost 23 years, more than five of which in the role of CFO, according to a statement by Gasunie. She was also acting CEO […]

Jiangnan
LNG

Jiangnan launches PIL’s LNG-fueled containership

December 3, 2024 Andy Del Prado

China’s Jiangnan Shipyard has launched another LNG-powered containership for Singapore’s Pacific International Lines. Jiangnan floated out Kota Embun on Monday. This is the last of four PIL’s LNG dual-fuel containerships with a capacity of 14,000 […]

Exmar private
LNG

Saverys in new attempt to take Exmar private

December 3, 2024 Andy Del Prado

Last year, Saverex failed to take Exmar private in two attempts. According to a statement by Exmar on Tuesday, Saverex intends to launch a new voluntary and conditional public takeover bid for all shares of […]

Ravenna FSRU
LNG

Snam’s Ravenna FSRU on way to Italy

December 3, 2024 Andy Del Prado

The Italian energy firm revealed the departure of the FSRU from Dubai in a social media post on Monday. According to Kpler data, BW Singapore set from DP World Drydocks shipyard in Dubai on November […]

Inpex
LNG

Inpex: first Ichthys LNG train resumes full operations

December 3, 2024 Andy Del Prado

“I can elaborate that T1 is currently at more or less 100 percent,” the spokesman said. On September 10, Inpex announced it had decided to reduce Train 1’s rate of operations to about 70 percent to carry […]

Europe
Energy Crisis

Europe Depletes Gas Inventories At Fastest Rate in Six Years Ahead of Winter

December 3, 2024 Clark Savage

Europe is depleting its natural gas reserves at the fastest rate in six years. Kemp: since the start of the official winter season—October 1—gas in storage levels in the EU and the UK have declined […]

Critical Minerals

China Targets Critical Metals in Tit-for-Tat Response to US

December 3, 2024 Clark Savage

  Beijing bans exports of germanium, gallium to American market Move is a swift reply to Biden’s escalation of tech curbs   China announced an outright ban on exports of several materials with high-tech and […]

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