Financing deal reached on El Salvador LNG power project
May 12, 2021 6:26:pm
Summary
by: Daniel Graeber
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Financing deal reached on El Salvador LNG power project
A division of BW Group, an oil and gas producer, said May 12 its partners had closed on a financing deal to support an LNG-to-power project in El Salvador
BW LNG said it closed on a $128.3mn financial deal with sustainable energy developer Invenergy and IDB Invest, part of the Inter-American Development Bank Group, to back a floating storage and regasification unit (FSRU) for the greater Energia del Pacifico (EDP) LNG-to-power project.
“This is the region s first FSRU, which will be permanently moored at the Port of Acajutla, Sonsonate, El Salvador,” the companies said. “Invenergy and BW LNG will jointly commission, operate and maintain the FSRU.”
Canada’s Suncor, ATCO plan blue hydrogen project
May 12, 2021 3:45:pm
Summary
by: Dale Lunan
Canadian integrated oil and gas producer Suncor Energy and Alberta utility ATCO said May 11 they were in the early design and engineering stages for a project near Edmonton that would produce 300,000 mt/yr of blue hydrogen and reduce the province’s CO2 emissions by more than 2mn .
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Neptune aims to set bar for emissions monitoring: interview
Apr 21, 2021 11:25:am
Summary The European operator is working to maintain its already very low emissions intensity for years to come, while developing opportunities in hydrogen and CCS.
by: Joseph Murphy
Privately owned producer Neptune Energy is looking to create a gold standard for emissions monitoring that could one day serve as a guide for the industry at large, the company tells NGW.
Neptune, which operates in Europe, North Africa and the Asia-Pacific region, teamed up with the US Environmental Defense Fund (EDF) last month to test a new approach for measuring methane emissions from offshore facilities. EDF will co-ordinate a team of international researchers including Scientific Aviation, which provides airborne emissions sensing, and Texo DSI, a UK-based drone platform provider, to evaluate advanced methods for quantifying facility-level offsho.
From the Editor: A hydrogen dissident [GasTransitions]
Feb 15, 2021 3:55:pm
Summary In a remarkably short time, hydrogen has become the climate hope of a remarkably broad range of “stakeholders”. [Gas Transitions Volume 2, Issue 2]
by: Karel Beckman
Politicians across the world have presented great hydrogen plans. The gas industry hopes hydrogen offers gas and gas infrastructure a second lease on life. Renewable energy and environmental groups believe green hydrogen will make a 100% renewable energy future possible. The IEA endorses it. Shell and Greenpeace love it. Germany and France want it. The US and China are behind it.
With this kind of support, can anyone doubt the hydrogen economy will carry.
US Chesapeake Exits Bankruptcy
Summary
by: Joe Murphy
US shale producer Chesapeake has exited Chapter 11 bankruptcy, the company said on February 9, announcing that its 2021 activity would focus on world-class natural gas assets.
Chesapeake filed for Chapter 11 in June last year, becomin.
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