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Rolls-Royce and SOWITEC cooperate on power-to-X projects

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gigawatts of solar and wind projects installed in South America, Europe and Asia, the Baden-Württemberg-based company has extensive experience in developing financeable turnkey renewable energy projects, from concept to implementation, including investor sourcing. With more than 4.2

Power 186
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First orders for MAN G80 dual-fuel methanol engine

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The engines, which are capable of operation on green methanol and conventional fuel-oil, represent the first order for the G80 bore size; they will also feature MAN Energy Solutions’ proprietary EGR (Exhaust Gas Recirculation) systems. —Thomas S.

Engine 365
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Nuseed, bp partner to accelerate market adoption of Nuseed Carinata as a sustainable low-carbon biofuel feedstock

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Nuseed and BP Products North America Inc., have entered into a long-term strategic offtake and market development agreement that will see bp, or its affiliates, purchase Nuseed Carinata oil to process or sell into growing markets for the production of sustainable biofuels. million barrels a year in 2022.

Carbon 170
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BASF and Gazprom agree on asset swap; BASF’s Wintershall expanding production of oil and gas, exiting gas trading and storage business

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Through the swap, BASF aims to further expand its production of oil and gas via its wholly owned subsidiary Wintershall —Germany’s largest internationally active crude oil and natural gas producer—and to exit the gas trading and storage business. billion barrel of oil equivalent.

Gas 218
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Thermal Energy Partners and Schlumberger New Energy to new geothermal project development company

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The Nevis Geothermal Project will enable the island to transition to 100% zero-emission renewable energy for its power supply. GeoFrame Energy has additional opportunities to expand production in the Eastern Caribbean and in North and South America.

Energy 170
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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

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Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d was crude oil. million bbl/d in 2009-2010. —US EIA.

Oil 297
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IHS Markit: US poised to be world’s largest LNG exporter in 2022 as China becomes top LNG importer

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The world’s two largest economies—the United States and China—are poised to be the world’s top export and import markets for liquefied natural gas (LNG), respectively, in 2022, according to a new report by IHS Markit. —Michael Stoppard, chief strategist, global gas, IHS Markit.

Qatar 186