Woodside has secured a $1bn loan to fund its Australia-based Scarborough Energy Project, which hopes to produce around eight million tonnes of liquefied natural gas (LNG) per year.
No royalties are paid on 56% of gas exported from Australia including 73% of gas exported from Western Australia, according to the Australia Institute.
PSA Singapore (PSA) and Pacific International Lines (PIL) have completed their first trial of low-carbon green shipments, in a joint effort to build more sustainable end-to-end supply chains.
Avfuel Corporation has expanded its sustainable aviation fuel (SAF) network in Europe after securing new supply agreements with Paris Le Bourget, Bordeaux-Mérignac and Clermont-Ferrand Auvergne airports.
Global energy company Santos has signed a long-term liquefied natural gas (LNG) supply and purchase agreement with Japan’s Hokkaido Gas.
Queenland has ruled Glencore-owned Carbon Transport and Storage Corporation’s Surat Basin Carbon Capture and Storage (CCS) project is unsuitable to proceed due to potential impacts on groundwater resources in the Great Artesian Basin.
Funding worth AU$1m (£480,000) has been awarded to a government-backed Australian energy partnership to develop a project that will demonstrate how green hydrogen production can reduce the cost of renewable methanol by up to 20%.
A ‘green iron’ project which would use hydrogen produced by the Central Queensland Hydrogen Project (CQ-H2) has been launched in Gladstone, Queensland.
The Australian Government will spend AU$566m (US$378m) in new offshore mapping programmes that will also help identify new carbon capture and storage (CCS) locations and possible sites for clean hydrogen projects.
Singapore’s new Prime Minister Lawrence Wong, who is being sworn in on Wednesday (May 15), will be greeted with a full in-tray as the Lion City looks to reposition itself domestically, regionally and internationally.
