The LNG will be imported through the Aqaba terminal in Jordan following the expiration of its previous agreement with the BW Singapore floating storage and regasification unit in 2023.
Environment+Energy Leader Search Results
India Surges Toward Green Mobility with Blue Energy Motors
A leader in the liquefied natural gas (LNG) truck manufacturing domain, Blue Energy Motors is hoping to secure USD 100 million to fuel its expansion and innovation in electric truck technology.
Plug Power Commences Green Hydrogen Production at Georgia Facility
The new facility, reportedly the largest liquid green hydrogen plant in the United States, may generate 15 tons of liquid hydrogen each day.
Biden Pauses LNG Exports to Consider Climate, Economic Impacts
The pause will allow the DOE to conduct an updated assessment of LNG exports amidst rising concern over the fossil fuels’ contribution to climate change.
UK Launches $381 Million Fuel Program to Power Advanced Nuclear Reactors
The United Kingdom will reportedly be the first European country to embark on a high-assay low enriched uranium program, and Russia will no longer be the only commercial producer of the fuel as a result.
INEOS Acquires Ethylene Oxide and Derivatives Biz from LyondellBasell for $700M
“INEOS is a leading producer in Europe and this significant step expands its ethylene oxide and derivatives business into the U.S., which is the world’s largest market,” says INEOS Oxide CEO Tobias Hannemann.
Natural Gas Pipeline Shortages Could Hurt Corporate Productivity, Experts Warn
The United States is awash in natural gas, enabling it to meet future corporate demand — if regulators allow companies to build pipelines, according to a study.
ITT to Acquire Svanehøj in $395 Million Deal
“Svanehøj is an outstanding addition to ITT, with extensive experience in the marine pumps industry and a complementary portfolio of highly engineered flow products aligned to the energy transition,” says Luca Savi, CEO and president of ITT.
Europe is Slowly but Surely Weaning Itself from Russian Natural Gas
Russian natural gas exports sent via pipeline will fall by 21 billion cubic meters this year — a six-fold drop from 2021 — according to the Russian state bank.
Tellurian Delays LNG Plant but Global Manufacturers are Hungry for the Fuel
Tellurian wants three more years to get its Louisiana-based Driftwood LNG plant online and its associated natural gas pipeline. It said it has to line up corporate contracts worldwide.