12 February 2024
12 February 2024
Even as European demand for gas falls, planned new liquefied natural gas (LNG) infrastructure capacity continues to soar.
The new factory will be a step forwards for the UK’s budding hydrogen industry, but blue hydrogen is not clean or renewable.
The EU G7 countries and Australia had agreed to ban Russian crude oil and petroleum imports as a result of the invasion of Ukraine in 2022.
With the deal, Diamondback shareholders would own the majority of the new entity.
The move is in line with ExxonMobil’s strategy to focus on optimising its global portfolio.
This move is part of the company’s strategy to realign its portfolio with its health, security and environmental (HSE) policies.
Under the contract, EthosEnergy will maintain and support Harbour Energy's light industrial gas turbines across three North Sea assets.
Peru LNG's (PLNG) assets include a liquefaction plant, a 408km pipeline, storage tanks, a marine terminal and a truck-loading facility.
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