Japan’s Marubeni said it had transferred its entire 40 percent stake in Everpower IPP, which operates an LNG-fired combined cycle power generation project in Taiwan, to the Jack Wang Motors Group, Everpower’s largest shareholder.
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US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
South Korean shipbuilder Hanwha Ocean and steel producer Posco plan to build a liquefied natural gas (LNG) carrier equipped with high-manganese steel cargo tanks.
A unit of UK's Ineos has signed a liquefied natural gas (LNG) supply agreement with Japan's Marubeni for delivery into Asian markets, marking the company’s first LNG deliveries into the Pacific Basin.