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Author: richardhands

CF, Trafigura and TFG Marine to collaborate on low carbon marine fuels

CF Industries has signed a memorandum of understanding with Trafigura and TFG Marine, a leading global marine fuel supplier, to facilitate the adoption of low-carbon ammonia as a marine fuel. Building on previous collaboration between CF Industries and Trafigura in the shipment of low-carbon ammonia, this agreement establishes a framework for the parties to work together on advancing low-carbon ammonia as a marine fuel, supporting the global shipping industry’s emissions-reduction efforts, including market development, stakeholder engagement, and bunkering logistics planning. The collaboration will initially focus on the U.S. Gulf Coast and Northwest Europe.

Exxon in legal case over pipeline access

ExxonMobil has been named by Clean Hydrogen Works as an additional defendant an in existing anti-trust suit over access to a CO2 pipeline. Clean Hydrogen Works alleges that CO2 enhanced oil recovery firm Denbury, now acquired by ExxonMobil, unlawfully terminated its previously agreed access to Denbury’s pipeline network, threatening the proposed Ascension Clean Energy (ACE) blue ammonia project in Louisiana’s Ascension Parish. ExxonMobil has its own blue hydrogen and ammonia project under development, at Baytown, Texas, although it “paused” it last year, citing weak customer demand and difficulty securing sufficient offtake agreements. ExxonMobil has not publicly commented on the lawsuit.

Price Trends

Ammonia sentiment was overtaken this week by the escalating Middle East conflict and the effective closure of the Strait of Hormuz, which left vessels unable to enter or exit the Arabian Gulf. With maritime trade frozen, price indications for prompt Middle East business largely stalled. In normal conditions, the sudden removal of Gulf export flows would point to sharply higher prices, particularly given the already-tight global availability and surging urea values, but participants said the absence of tradable cargoes made it difficult to pin down an indication. The immediate knock-on was felt East of Suez, where the supply shock pulled southeast Asian values back up to around $470-480/t f.o.b. Prevailing length in the market has been reportedly absorbed, with buying interest strongest from east Asia and India.

ACME looking at green methanol

Indian renewables developer ACME says that it will partner with the Industrial Promotion and Investment Corporation of Odisha Ltd (IPICOL) to set up a green methanol plant in Kendrapada, Odisha state. He proposal is for a 200,000 t/a plant, with ACME taking a stake via its ACME Akaysha Energy subsidiary, part of its green hydrogen business. ACME says that the project forms part of its plans to develop multiple low carbon hydrogen plants and downstream chemical production. The company is planning a large green ammonia facility in Gopalpur through a joint venture with Japan-based IHI Corporation. It is also developing a 2,200 t/d green ammonia project in Paradip with cooperation from the Solar Energy Corporation of India. The output of the facilities will be used both for domestic applications and for export.

Drone strike on Dorogobuzh

A Ukrainian drone attack hit the Dorogobuzh nitrogen fertilizer plant, around 140 km east of the border with Belarus in the western Smolensk region, according to local press reports. At least seven people were killed and another 10 injured, according to Russian authorities. It appears that the nitric acid and ammonium nitrate plants were targeted, as well as facilities involved in the storage and transportation of ammonium nitrate, leading to extensive damage. The strike is part of an ongoing campaign by Ukraine against Russia’s oil, gas and chemical facilities.