Exploration of Liquid Hydrogen Shipping from Portugal to Netherlands
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- Category: Energía y Combustibles
- Published on Tuesday, 19 July 2022 20:41
- Written by Administrator2
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THE MARITIME EXECUTIVE
Project will explore shipping liquid hydrogen from Portugal to Rotterdam for storage and distribution (Port of Rotterdam)
PUBLISHED JUL 18, 2022 12:36 PM BY
Efforts continue to focus on the development of the hydrogen supply chain to support the development of alternative fuels for heavy industry. In the latest development, a group of leading European companies, including Shell New Energies, ENGIE, and Vopak along with shipping company Anthony Veder have agreed to work together to study the feasibility of producing, liquifying, and transporting green hydrogen from Portugal to the Netherlands, where it would then be stored and distributed for sale. Their goal is to complete the first shipment of hydrogen by 2027.
“The consortium envisions hydrogen being produced by electrolysis
Oil Prices Rise after Major Storm Disrupts CPC Pipeline
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- Category: Energía y Combustibles
- Published on Friday, 08 April 2022 02:02
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The energy sector is set for a higher start supported by strength in the underlying commodities while US markets are expected to open lower on weakness in the major equity futures. U.S. stock index futures edged lower giving back some of the gains from yesterday’s mega cap fueled rally on Wall Street, as investors assessed the outlook for U.S. interest rates following calls from Federal Reserve policymakers suggesting a more hawkish Fed.
WTI and Brent crude oil futures are higher in early trading supported by disruption of
Shell, BP, ExxonMobil leaving Russia after decades
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- Category: Energía y Combustibles
- Published on Friday, 04 March 2022 01:01
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ASIA TIMES
Oil majors must assess possible broader damage to their
corporate reputations and relationships if they stay
MARCH 4, 2022
In response to Russia’s invasion of Ukraine, British energy giant BP announced on February 27 that it will sell its nearly 20% ownership in Russian state-owned energy giant Rosneft. BP’s rival Shell is also pulling out of all of its operations in Russia, as are US energy giant ExxonMobil and Norway’s state-controlled company, Equinor.
These breakups will not be cheap. BP’s stake in Rosneft is worth US$14 billion. In various projects, Shell has about $3 billion in assets in Russia. ExxonMobil has over 1,000 employees and more than $4 billion in assets there. Pulling out will inflict significant financial hits on all of these companies.
Spain, Portugal urge energy coordination as Russia supply fears rise
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- Category: Energía y Combustibles
- Published on Thursday, 03 March 2022 09:02
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REUTERS
LISBON/MADRID, Feb 24 (Reuters) - Spanish and Portugese officials called on Thursday for Europe to cooperate more closely on managing energy supplies after major producer Russia's invasion of Ukraine heightened fears of disruptions.
Unlike many of the countries on the continent, which in total relies on Russia for 40% of its gas, neither country on the Iberian peninsula counts Russia among its main providers.
Portuguese Prime Minister Antonio Costa said on Thursday that the Portuguese deep-water port of Sines - the closest European port to the United States, "has the infrastructure to host and export natural gas to Europe".
Costa told a news conference this would allow energy imports from the United States and Africa.