GAR

DP World enforces another award against Djibouti

US court has enforced a US$200 million LCIA award won by a subsidiary of the UAE’s DP World against Djibouti – having already confirmed an award in a separate arbitration over the same port facility on the Red Sea. In a decision entered yesterday, the US District Court for the District of Columbia granted the unopposed petition to confirm the partial award issued in 2022. … Continue reading DP World enforces another award against Djibouti

SUZANO

Suzano Starts Operation of the World’s Largest Pulp Production Line

Cerrado Project required investment of around US$4.3 billion and will contribute to increase Suzano’s production by more than 20% SÃO PAULO – Suzano, the world’s largest market pulp producer, announces the successful operational startup of its new mill, the largest single pulp production line in the world, in Ribas do Rio Pardo, Mato Grosso do Sul state. This marks the completion of one of Brazil’s … Continue reading Suzano Starts Operation of the World’s Largest Pulp Production Line

Guyana

Guyana authorities affirm full transparency as plans progress on landmark gas development

The Guyana government has reaffirmed its commitment to full transparency as plans advance on a landmark gas development project.  “The Government of Guyana has every intention of advancing, in the most transparent manner possible, the development of the infrastructure needed to harness our country’s vast gas resources, in the interest of national development and to the benefit of the Guyanese people,” a June 25 statement … Continue reading Guyana authorities affirm full transparency as plans progress on landmark gas development

HIF Global

HIF Global signs collaboration agreement with Airbus for Sustainable Aviation Fuels

NEWS PROVIDED BY HIF Global – Jul 23, 2024 Agreement paves the way for e-Fuels, made from renewable electricity, water, and recycled carbon dioxide, to reduce net CO2 emissions in the aviation sector FARNBOROUGH, UK, July 23, 2024 – HIF Global has announced the signing of a Memorandum of Understanding with Airbus to advance the global development of e-Fuels for aviation (“e-Sustainable Aviation Fuel” or “e-SAF”) via the methanol to … Continue reading HIF Global signs collaboration agreement with Airbus for Sustainable Aviation Fuels

Woodside

Woodside to Acquire Tellurian and Driftwood LNG

HOUSTON – Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian (NYSE: TELL) including its owned and operated US Gulf Coast Driftwood LNG development opportunity (“Driftwood LNG”). “Through this acquisition, we are delivering on our strategy to thrive through the energy transition. Woodside believes that LNG will play a key role in the energy transition and is … Continue reading Woodside to Acquire Tellurian and Driftwood LNG