Floating solar fuels rig to develop hydrogen fuel

Researchers from Columbia Engineering have developed a novel photovoltaic-powered electrolysis device that can operate as a stand-alone platform that floats on open water. Water electrolysis, the splitting of water into oxygen and hydrogen fuel, is seen as a way to convert electricity from solar photovoltaics into storable hydrogen fuel.

How peak oil demand will affect refining

Wood Mackenzie in a report tries to determine how peak oil demand will affect the refining sector and discusses both long- and short-term threats to refining activity by region.

ABB to deliver fuel cell system to Royal Caribbean

ABB announced that it is going to deliver the first fuel cell system to Royal Caribbean. The system will be used on board a Royal Caribbean International vessel and will be the first fuel cell system to provide an energy source for a cruise ship.

BP expands its LNG tanker fleet

The 2017 BP Energy Outlook forecasts that global LNG trade will grow seven times faster than pipeline gas trade, such that by 2035 it accounts for around half of all globally traded gas. The newly expanded BP Shipping fleet is expected to deliver LNG volumes around the world.

Agreement signed for Cambodia’s first oil field

KrisEnergy signed agreements with the government of Cambodia for the nation’s first oil field development in Cambodia Block A, in the Gulf of Thailand. The company plans to develop the Apsara area in the north eastern section of the concession, where there is potential for oil and gas to be trapped.

Ichthys LNG Project’s giant FPSO departs for Australia

On 17 July, the INPEX-operated Ichthys LNG Project’s floating production, storage and offloading facility “Ichthys Venturer” sailed away from its construction site in Okpo, South Korea en route to Australia, after completion of commissioning and preparation work.

Singapore LNG performs first small-scale reload

Singapore LNG Corporation successfully completed its first small scale reload, at its Terminal on Jurong Island, filling the fuel tanks of Cardissa, a 6,500 cubic-meter LNG bunker vessel owned by Shell. SLNG terminal is originally designed to accommodate LNG vessels from 60,000m3 to 265,000m3 in size.

MFM bunker supply initiated at Gibraltar

Cepsa has started bunker supply activity in the Port of Gibraltar using mass flow meters for ships, a new precise measurement system that guarantees the quantity of product supplied. In addition to the high levels of fuel supply precision, the system reduces refueling operation times by up to 3 hours and is totally transparent, as it is monitored continuously and simultaneously.