Shell Nederland Raffinaderij B.V., a subsidiary of Shell plc, has announced a temporary pause in construction activities at its biofuels facility located at the Shell Energy and Chemicals Park Rotterdam, Netherlands. This strategic decision is aimed at addressing project delivery challenges and ensuring the future competitiveness of the facility, which is designed to produce up […]
In a significant move towards sustainable maritime operations, Boskalis commissioned a large-scale shore power facility at its Waalhaven premises in Rotterdam. This innovative facility, crucial for the demobilization of Boskalis vessels, marks a transition from diesel-powered generators to green shore power, enhancing environmental sustainability. Impressive Environmental Impact The new shore power installation, operated in collaboration […]
In a game-changing collaboration, ABB is gearing up to supply an exhaustive power distribution system for two avant-garde short-sea container vessels of Rotterdam-based Samskip Group. These vessels are setting milestones by being among the first globally to embrace hydrogen as fuel. Crafted by India’s prime shipbuilding titan, Cochin Shipyard Ltd, these 135-meter ships are slated […]
British oil and gas giant BP and Austrian energy company OMV have signed a long-term sale and purchase agreement (SPA) for the supply of up to 1 million tonnes of liquefied natural gas (LNG) annually over a 10-year period, beginning in 2026. Under this agreement, BP will supply OMV with LNG from its extensive and […]
Westlake Chemical Corporation, an American manufacturer and supplier of petrochemicals, polymers, and fabricated building products, has wrapped up the previously announced $1.2 billion acquisition of the global epoxy business of Ohio-based chemical company Hexion. The all-cash deal was announced in November 2021. The epoxy business, which is based in Rotterdam, The Netherlands, has been engaged […]
Neste, a Finnish renewable diesel producer, has acquired 100% of the Dutch Count Companies’ Count Terminal Rotterdam and its supporting entities, part of the First Dutch Group of Peter Goedvolk. Financial terms of the deal were not disclosed. Count Terminal Rotterdam is engaged in storage, refining and blending of renewable waste and residue-based raw materials […]
Danish power company Ørsted has agreed to sell its liquefied natural gas business (LNG business), comprising of the long-term regasification capacity agreement with the Gate Terminal and five LNG purchase agreements, to Swiss natural resources company Glencore. As per the agreement, Glencore will have to replace various contracts with new ones. Ørsted holds the right […]