Key shipping routes in the Red Sea, Black Sea and Panama Canal are simultaneously under threat, with far-reaching implications for inflation and food and energy security.
The most recent major incident occurred off the coast of Galicia in Spain, when millions of pellets washed ashore after accidental release from a ship.
Woodside has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture; LNG offtake; and collaboration on opportunities in new energy and lower carbon services.
The joint agreement between Auramarine, Yiu Lian Dockyards (Shekou) Limited and Guangzhou Jihai aims to drive significant uptake of methanol dual fuel systems adoption to reduce carbon emissions.
The shore-based LNG liquefaction facility will be located on Shoal Point in Texas City, part of the greater Houston-Galveston port complex, one of the busiest ports in the USA.