Chevron, Jera build CCS plans on LNG roots
โ[Jera] are interested in whether there is a way to drop products such as hydrogen and ammonia into the LNG value chain,โ said Jeff Gustavson, president of Chevron New Energies.
โ[Jera] are interested in whether there is a way to drop products such as hydrogen and ammonia into the LNG value chain,โ said Jeff Gustavson, president of Chevron New Energies.
The demonstration project will use DAC or CO2 captured from industrial emitters. Santos aims to use its existing infrastructure to โgenerate, liquefy and exportโ e-methane to Japan.
The development of the Santos-operated Barossa offshore gas development that will backfill the Darwin LNG export plant in Australia looks set to be further delayed after the offshore regulator suspended planned construction of an offshore pipeline due to indigenous heritage concerns.
Japanese companies have struck a number of LNG deals, as the government pushes to lock in future energy supplies.
Japan agreed to purchase more liquefied natural gas from the US and Oman in the latest move to secure fuel supplies and avoid future shortages.
Santosโ (ASX:STO) appeal to restart drilling at its Barossa gas development offshore Australia that is planned to backfill the Darwin LNG export terminal has been dismissed adding further uncertainty and delays for the project.
Major offshore wind developers, including bp (LON:BP), RWE Renewables, Equinor (OSLO:EQNR), Orsted (CPH:ORSTED), Shell (LON:SHEL), and TotalEnergies (LON:TTE), are excited by the huge offshore wind potential in energy-short Japan, delegates heard at the Japan Wind Energy 2022 conference in Tokyo.
The development of the Santos-led (ASX:STO) Barossa gas project offshore Australia that will backfill the Darwin liquefied natural gas (LNG) export plant could be delayed by up to two years after a Federal Court ordered the operator to stop drilling at the US$3.6 billion project on 21 September.
Japanโs JERA and Germanyโs Uniper have teamed up to back an ammonia project in the US Gulf Coast, with a focus on exports to Germany. In the near term, it should also secure new LNG supplies.
Japan's biggest power generator JERA said on Tuesday it will spend about 15 billion yen ($112 million) to buy a 35.1% share in Vietnamese renewable energy company Gia Lai Electricity JSC (GEC) to expand its overseas business.
Japanโs three energy companies โ JERA, Tokyo Gas and Inpex โ plan to join the proposed giant carbon capture and storage (CCS) project led by Santos (ASX:STO), at Bayu Undan offshore East Timor. The trioโs total investment could reach as much as 100 billion yen ($748 million) reported the Nikkei Asia.
An explosion that will keep a major US liquefied natural gas export terminal shut for weeks will cut vital supplies to Europe, which is already struggling with uncertainty around flows of the fuel from Russia.
Developing carbon capture and storage (CCS) projects in Southeast Asia is considerably cheaper than developing similar projects in more developed economies, such as Australia.
Santos today announced completion of the sale of a 12.5% interest in the Barossa project off northern Australia to Japanโs JERA, the worldโs largest buyer of liquefied natural gas (LNG), following the completion of all regulatory approvals.
JERA, the largest power generation company in Japan, producing about 30% of the nationโs electricity, is planning to develop at least 1 GW of solar power by end-2025, with new business partner West Holdings, a Japanese renewable energy engineering company.
Japanโs JERA has signed a memorandum of understanding with Electricity Generating Public Company Limited (EGCO), a major power generation company in Thailand, to cooperate in the energy transition field. The pair are eying opportunities in LNG, hydrogen, and ammonia.
JERA, the worldโs largest buyer of liquefied natural gas (LNG), and Summit Power, Bangladeshโs largest independent power producer, are collaborating on a plan to decarbonise the South Asian nationโs power sector.
JERA, the worldโs largest buyer of liquefied natural gas (LNG), has established a new subsidiary JERA LNG Portfolio Strategy in Singapore, which offers a strategic base to maximise the value of JERAโs LNG portfolio.
Traditional landowners in Australiaโs Northern Territory have launched legal action against South Koreaโs export credit agencies in an attempt to block funding for the Santos-led $3.6 billion Barossa gas project, which will backfill the Darwin liquefied natural gas (LNG) export plant.
Japanese shipping company Mitsui OSK Lines (MOL), Toho Gas and Hokuriku Electric Power, will buy a 25% share in the 128 MW Formosa I offshore wind project in Taiwan from Macquariesโ Green Investment Group, which is exiting the countryโs first utility-scale offshore wind farm.
Australiaโs Santos has started front-end engineering and design (FEED) work for its proposed giant carbon capture and storage (CCS) project offshore East Timor at the Bayu Undan field. Significantly, Santos aims to take a final investment decision (FID) in 2023 on the CCS project, which it claims has the potential to be the largest in the world.
Japanโs JERA, a 50-50 joint venture between Tokyo Electric Power Company and Chubu Electric Power, is partnering with ExxonMobil for a large LNG-to-power project in Vietnam.
Santos said today that it has signed a $300 million deal to sell a 12.5% interest in the Barossa project in Australia to Japanโs JERA.
Chevron (NYSE:CVX) has suspended production from Train 1 at its giant Gorgon liquefied natural gas (LNG) export plant in Australia since 16 November following the detection of a minor gas leak.
Japan's JERA, the world's largest individual buyer of liquefied natural gas (LNG), said today that it will buy a 25.7% interest in Freeport LNG Development in the US for about $2.5 billion as it races to secure LNG supplies.