TOP STORIES OF THE WEEK
Stabilis receives US Coast Guard recommendation for Galveston LNG facility
Stabilis has reached a key regulatory milestone for its proposed Galveston LNG Facility after receiving a Letter of Recommendation (LOR) from the US Coast Guard following a formal review of the project.
The recommendation, issued by the US Coast Guard's Captain of the Port, was provided to the Port of Galveston and the Galveston Fire Marshal after an extensive safety and security assessment of the proposed facility and its associated waterfront LNG loading, marine transportation and LNG bunkering operations.
The review included a detailed evaluation of potential navigation hazards, vessel traffic impacts, emergency response capabilities, maritime security risks and the effectiveness of proposed mitigation measures. The positive recommendat…
Evos refinances part of its debt facilities to support its long-term growth strategy
Evos, through Evos Finance B.V., is pleased to announce that it has successfully raised €485m of debt, refinancing part of its current debt facilities under its common terms platform.
The refinancing was executed through the issuance of new bank debt to replace debt maturing in the near term, and through issuing a new revolving credit facility for general corporate purposes, including the funding of planned growth capex. This refinancing reinforces the long-term future of Evos, a leading European liquid tank storage business, ensuring that Evos can continue its successful growth and development.
Daan Vos, CEO, said: “We are very proud of this refinancing achievement, as it will allow us to accelerate our growth strategy more swiftly and ef…
MT Group has been awarded a significant contract to deliver Balance of Plant (BoP)
MT Group has been awarded a significant contract to deliver Balance of Plant (BoP) infrastructure for the German LNG Terminal — one of Germany’s most important energy infrastructure projects.
Developed by German LNG Terminal GmbH, the facility will be the country’s first land-based LNG import terminal, built to bolster Germany’s long-term energy security and resilience. The project is being carried out by the Grupo Cobra (Cobra IS) / Sener consortium, with Gasunie and RWE ranking among the key stakeholders driving this landmark development forward.
This contract marks one of MT Group’s largest undertakings in Germany to date, reinforcing the company’s foothold in one of Europe’s key energy infrastructure markets.
Built to reinforce energy …
HyFive Advances HyMet Musel with Rotterdam Storage Agreement and Second Offtake Contract
HyFive Advances HyMet Musel with Rotterdam Storage Agreement and Second Offtake Contract
Three months after announcing a term sheet covering offtake of up to 50% of production from its HyMet Musel e-methanol project, HyFive has confirmed two further milestones that strengthen the project’s commercial and downstream position.
A route to market via Rotterdam
HyFive has signed a Letter of Intent with terminal operator Evos to explore storage and handling of e-methanol at the Port of Rotterdam. The agreement extends beyond logistics: it marks a step toward establishing a downstream presence for HyMet Musel in the ARA region, an area increasingly positioned as a hub for alternative marine fuel bunkering and a base for heavy industry.
Through th…
Hy2gen secures long-term biogenic CO₂ supply for French e-SAF project
Hy2gen's H4 Marseille Fos project has signed a strategic partnership agreement with the Rhône Décarbonation project, securing 50 percent of the biogenic carbon dioxide (CO₂) required for its planned e-sustainable aviation fuel (e-SAF) production facility.
The agreement is regarded as a significant milestone for France's carbon capture and utilisation (CCU) sector, establishing what the partners describe as the country's first structured CCU value chain.
Under the agreement, the Rhône Décarbonation project, developed by Vicat, SPSE and Elengy, will capture biogenic CO₂ from Vicat's cement plant at Montalieu-Vercieu in eastern France. Using established carbon capture technology, up to 1.2 million tonnes of CO₂ per year will be captured and t…