Remove Cameroon Remove Financing Remove Gas
article thumbnail

UTM Offshore signs FEED agreement for Nigeria’s first floating liquefied natural gas (FLNG) facility

Green Car Congress

UTM Offshore signed an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies. The FLNG facility will have a Liquified Natural Gas (LNG) nameplate production capacity of 1.2

Nigeria 186
article thumbnail

GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

Gas-flaring countries and trends. A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge.

Waste 260
article thumbnail

UK wants to ban 100% ICE power by 2030

EV Info

Hydrogen: Have five gigawatts of “low carbon” hydrogen production capacity by 2030 – for industry, transport, power and homes – and develop the first town heated by the gas by the end of the decade. Innovation and finance: Developing cutting-edge technologies and making the City of London the global centre of green finance.

Power 56
article thumbnail

Equatorial Guinea, DRC to develop joint oil refinery and storage facilities

Green Car Congress

These include the financing and construction of an oil refinery in the DRC to be owned jointly by both countries to meet regional demand for refined petroleum products, along with the construction of storage facilities for refined products. —Equatorial Guinea’s Minister Gabriel Mbaga Obiang Lima.