Tagged Benefits

Evol LNG inks supply deal with Ora Banda Mining

Rate this article By Adnan Bajic Wesfarmers’ liquified natural gas business Evol LNG has signed a long-term deal to supply the chilled fuel to Ora Banda Mining’s gold mine. Courtesy of Evol LNG Davyhurst Gold Mine, located in WA’s North-West Goldfields region, is restarting production in January 2021 after being placed into care and maintenance…

US extends LNG export term to 2050

Rate this article By Mirza Duran The Department of Energy is issuing a final policy statement that allows for US LNG exports to non-free trade agreement countries to be extended through the year 2050. Image: Cheniere This policy is a change from the current practice of granting 20-year LNG export terms. President Donald J. Trump…

API: U.S. LNG exports cut GHG emissions in power production

Rate this article By Adnan Bajic A study commissioned by the American Petroleum Institute (API) stressed that using U.S. liquefied natural gas (LNG) in power generation significantly cuts GHG emissions. Courtesy of Cheniere The study conducted by researchers at ICF examines the environmental benefits of U.S. natural gas use in China, Germany, and India, finding…

Pieridae to be listed on Toronto Stock Exchange

Rate this article By Mirza Duran Canada’s Pieridae Energy, the developer of the Goldboro LNG export project, said Monday that its shares have been approved for listing on the Toronto Stock Exchange. The company’s shares are expected to start trading on the TSX at the opening of the market on June 3. Concurrent with the…

BAE Systems: Charting a cleaner feature with electric power and propulsion

Rate this article By Naida Hakirevic BAE Systems is stepping up efforts to help marine operators get to a zero-emission future with electric power and propulsion technology. Image Courtesy: BAE Systems As explained, the technology isn’t new as it has been powering cars and buses for years. However, with the rise in planet-warming greenhouse gases,…