MOL

A more competitive, self-sufficient and greener region: MOL Group is to achieve carbon neutrality with a smart transition

Retrieved on: 
Thursday, March 14, 2024
Carbon, Community, Electricity, Carbon capture and storage, Consumer service, Geothermal energy, Waste management, Recycling, SHAPE, GHG, CEE, MOL, MOL (company), Exploration, European, INA, Renewable energy

MOL Group aims to achieve carbon neutrality by 2050 through smart transition: ensuring sustainability and further strengthening security of supply through innovative technologies.

Key Points: 
  • MOL Group aims to achieve carbon neutrality by 2050 through smart transition: ensuring sustainability and further strengthening security of supply through innovative technologies.
  • MOL Group is ensuring a smart transition with tomorrow's solutions: investing in further strengthening the region's security of supply, creating value from waste and shaping the future of mobility with innovative technologies.
  • It will spend more than $4 billion on green investments by 2030 and aims to reach carbon neutrality by 2050.
  • To achieve these goals, we will increase the use of renewable electricity across the MOL Group, particularly in the Downstream area.

HIF Global, Idemitsu Kosan and MOL co-operate to develop eFuels supply chain

Retrieved on: 
Monday, March 18, 2024
Carbon, Idemitsu Kosan, Sale, MOL, Transport, Mitsui O.S.K. Lines, Senior, CO2, Hydrogen, Oxygen, Water, Renewable energy

SYDNEY and TOKYO and HOUSTON, March 18, 2024 /PRNewswire/ -- HIF Global, the world´s leading eFuels company, Idemitsu Kosan, the Japanese petroleum company and Mitsui O.S.K. Lines, Ltd. (MOL), the international shipping company, today announce an agreement to develop an eFuels supply chain between HIF facilities and Japan.

Key Points: 
  • Companies to initiate supply chain of eFuels from HIF projects in USA, Australia and Chile to Japan, and CO2 from Japan to HIF facilities
    SYDNEY and TOKYO and HOUSTON, March 18, 2024 /PRNewswire/ -- HIF Global , the world´s leading eFuels company, Idemitsu Kosan, the Japanese petroleum company and Mitsui O.S.K.
  • Lines, Ltd. (MOL), the international shipping company, today announce an agreement to develop an eFuels supply chain between HIF facilities and Japan.
  • Hiroshi Tanaka, General Manager (Carbon Neutral Transformation Department) of Idemitsu Kosan said: "As part of our commitment to sustainability, Idemitsu is actively working towards establishing a robust supply chain for eMethanol and eFuels.
  • Lines is pleased to be working with HIF Global and Idemitsu Kosan to develop a value chain for CO2, synthetic fuel, and synthetic methanol, contributing to decarbonization throughout the lifecycle.

TIME REVEALS THE INAUGURAL TIME100 CLIMATE LIST OF THE WORLD'S MOST INFLUENTIAL LEADERS DRIVING BUSINESS TO REAL CLIMATE ACTION

Retrieved on: 
Thursday, November 16, 2023
Shemara Wikramanayake, Woman, TIME100 Impact Awards, Climate change, LVMH, Climate, IMPACT, MOL, Carbon Disclosure Project, Business, Travel, United Steelworkers, Eat Just, Sustainability, Amazon, International, Unilever, Kyōto Station, Civil service commission, ExxonMobil, Form Energy, Macquarie Group, Breakthrough Energy, Animal, Clothing, Apple, COP28, Husk Power Systems, Conservation International, TIME, Our Children's Trust, Risk management, Music, Audit, Renewable energy, Carbfix, Volvo, Policy, Environment, ZeroAvia, Carbon, Masdar

NEW YORK, Nov. 16, 2023 /PRNewswire/ -- Today, TIME reveals the inaugural TIME100 Climate, a new list of the world's most influential leaders driving business to real climate action.

Key Points: 
  • NEW YORK, Nov. 16, 2023 /PRNewswire/ -- Today, TIME reveals the inaugural TIME100 Climate, a new list of the world's most influential leaders driving business to real climate action.
  • We are thrilled to further this mission—and to empower business leaders and individuals to take climate action—with the inaugural TIME100 Climate list."
  • Of the inaugural TIME100 Climate list, TIME Editor-in-Chief Sam Jacobs writes: "Climate leadership is ­embedded across all of our coverage today.
  • See the full list here: https://bit.ly/3G7CNWZ
    'TIME100 IMPACT DINNER' TO RECOGNIZE LEADERS CREATING CLIMATE ACTION DURING COP28 IN DUBAI:
    TIME will convene the TIME100 Impact Dinner: Leaders Creating Climate Action to spotlight an array of leaders—including those featured on the new TIME100 Climate list of climate innovators—on December 1st during COP28 in Dubai.

MOL Chooses Informatica's AI-Powered Intelligent Data Management Cloud for Core System Modernization

Retrieved on: 
Thursday, September 14, 2023
Data Management, Technology, Software, Networks, Artificial Intelligence, Internet, Cloud, Data management, BLUE, Software as a service, IDMC, GHG, SAP, Digital technology, SAP S/4HANA, MOL, Information system, Transport, INFA, Mitsui O.S.K. Lines, NYSE, Video game, Informatica

Lines (MOL), one of the world’s largest shipping companies, has chosen Informatica to help simplify and accelerate the customer’s core system modernization project.

Key Points: 
  • Lines (MOL), one of the world’s largest shipping companies, has chosen Informatica to help simplify and accelerate the customer’s core system modernization project.
  • MOL has chosen Informatica’s AI-powered Intelligent Data Management Cloud (IDMC) platform and specifically IDMC’s Cloud Data Integration and Cloud Application Integration services as its new SaaS/iPaaS platform.
  • The core system, Informatica’s IDMC used as the data management layer, serves as a foundation to promote our digital transformation.
  • Shunichi Watanabe, Managing Director and President of Informatica Japan K.K commented, “Informatica’s market-leading cloud data integration and cloud application integration capabilities on the IDMC platform not only enabled MOL to simplify, but also accelerate, their core system modernization project including SAP modernization and multiple SaaS implementations.

Nonprofit Wellness Together selected as Pinterest Purpose Partner to Support Student Mental Health and Social Connection

Retrieved on: 
Tuesday, September 5, 2023
Partnership, San Diego County, California, California Department, Human, NYT, Hampton Roads Transportation Accountability Commission, Student, Marvel, MOL, Mental health service, Mental health, California Department of Education, Nursing

SACRAMENTO, Calif., Sept. 5, 2023 /PRNewswire-PRWeb/ -- Wellness Together, a California-based national 501(c)(3) nonprofit corporation, delivers on-campus mental health services for students and educators. Wellness Together is a leading force in the realm of youth mental health with a mission to prioritize student well-being and remove barriers to access.

Key Points: 
  • Wellness Together is a leading force in the realm of youth mental health with a mission to prioritize student well-being and remove barriers to access.Wellness Together was selected as a Pinterest Purpose Partner for 2023, to support its exceptional work in promoting student well-being, fostering social connections, and reshaping the landscape of accessing mental health support.
  • SACRAMENTO, Calif., Sept. 5, 2023 /PRNewswire-PRWeb/ -- Wellness Together, a California-based national 501(c)(3) nonprofit corporation, delivers on-campus mental health services for students and educators.
  • Wellness Together was selected as a Pinterest Purpose Partner for 2023, to support its exceptional work in promoting student well-being, fostering social connections, and reshaping the landscape of accessing mental health support.
  • Wellness Together was selected as a Pinterest Purpose Partner for 2023, to support its exceptional work in promoting student well-being, fostering social connections, and reshaping the landscape of accessing mental health support.

Beacon Education Expands Partnership with Northern Arizona University

Retrieved on: 
Thursday, July 6, 2023
Partnership, Senior, Marketing, Teaching, NAU, Student, MOL, Leadership studies, Growth, Education, Northern Arizona University, Beacon, University of Arizona, Management, Tutoring

BEIJING, July 6, 2023 /PRNewswire/ -- Beacon Education, the largest provider of online graduate degrees to China, is proud to announce the expansion of its partnership with Northern Arizona University through the introduction of a Chinese-language online Master of Organizational Leadership degree optimized for Chinese working professionals. With the incredible growth of the partnership, this MOL program will expand NAU's portfolio further in China to meet the growing needs of companies and the working professional market. 

Key Points: 
  • BEIJING, July 6, 2023 /PRNewswire/ -- Beacon Education, the largest provider of online graduate degrees to China, is proud to announce the expansion of its partnership with Northern Arizona University through the introduction of a Chinese-language online Master of Organizational Leadership degree optimized for Chinese working professionals.
  • With the incredible growth of the partnership, this MOL program will expand NAU's portfolio further in China to meet the growing needs of companies and the working professional market.
  • "NAU is proud to again expand our partnership with Beacon Education into this new field, allowing us to deliver a more comprehensive degree portfolio to Chinese working professional learners.
  • We look forward to continuing growing our partnership in the coming years," notes John Georgas, Senior Vice Provost for Academic Operations.

Lummus Technology and MOL Group Establish Partnership for Advanced Waste Plastic Recycling

Retrieved on: 
Tuesday, June 27, 2023
Plastic, MOL (company), Polymer, Piste, Carbon, Central & Eastern European Game Awards, Organization, Investment, Biofuel, MOL, Lumber, Lummus, Central Europe

HOUSTON, June 27, 2023 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, and MOL Group, the leading integrated Central Eastern European oil and gas corporation, have announced their agreement to cooperate in the deployment and integration of chemical recycling of plastics at MOL's assets in Hungary and Slovakia. Chemical recycling of plastics is part of MOL's commitment to collect close to 5 million tonnes of municipal solid waste, which includes the treatment and related investments.

Key Points: 
  • "MOL Group and Lummus have a long track record of successful collaboration in various technology areas, and we are proud to now partner with MOL again to address a critical challenge for our industry and society," said Leon de Bruyn, President and CEO of Lummus Technology.
  • MOL has committed to drive circularity and has recently invested in addressing waste plastics recycling in Central Europe.
  • The waste plastic pyrolysis technology, and Lummus' expertise will help us to optimize our value chain, and make our business more sustainable."
  • Lummus' Green Circle business unit will provide to MOL its advanced waste plastic pyrolysis technology, which effectively converts plastic waste into high-value chemicals and feedstocks, creating circularity.

Mitsui O.S.K. Lines, Ltd. (MOL) makes strategic investment in Ascension Clean Energy

Retrieved on: 
Thursday, June 15, 2023
Other Energy, Oil, Gas, Sustainability, Alternative Energy, Energy, Environment, Other Transport, Green Technology, Maritime, Chemicals, Plastics, Transport, Logistics, Supply Chain Management, Manufacturing, Hydrogen, MCE, Ichida, Carbon dioxide, Multimedia, Carbon, Joint venture, Primary energy, CHW, MOL, ACE, Methane, Growth, CO2, Coal, Hafnia

MOL Clean Energy, US, LLC (MCE), a 100 percent subsidiary of Mitsui O.S.K.

Key Points: 
  • MOL Clean Energy, US, LLC (MCE), a 100 percent subsidiary of Mitsui O.S.K.
  • Lines, Ltd. (MOL), and Clean Hydrogen Works, LLC (CHW) today announce MCE as a Joint Venture shareholder in Ascension Clean Energy (ACE), a proposed world-scale, clean hydrogen-ammonia production and export facility in Ascension Parish, Louisiana.
  • This clean energy will help decarbonize hard-to-abate sectors including power generation, bunker fuel, heavy transportation, steel processing and industrial applications.
  • As one of the world’s largest shipping companies, MOL is well-positioned to help develop safe, sustainable, and efficient solutions to ship ACE’s clean hydrogen-ammonia to emerging clean energy markets across the globe.

Delfin Enters Strategic Investment Agreement with Mitsui O.S.K. Lines

Retrieved on: 
Thursday, June 8, 2023
FSRU, Partnership, Strategic Investment Group, MT MOL FSRU Challenger, FLNG, Regasification, LNG carrier, Investment, MOL, Growth, Mitsui O.S.K. Lines, Hashimoto, Natural gas, LNG

HOUSTON, June 08, 2023 (GLOBE NEWSWIRE) -- Delfin Midstream Inc. (“Delfin”) announced today that it has entered into a strategic investment agreement with Mitsui O.S.K. Lines, Ltd. (“MOL”) that accelerates growth and drives future expansion, enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world. As part of the agreement, MOL will make an investment in Delfin and a MOL representative will join Delfin’s Board of Directors.

Key Points: 
  • Lines to Make a Strategic Investment in Delfin, Join Board of Directors
    HOUSTON, June 08, 2023 (GLOBE NEWSWIRE) -- Delfin Midstream Inc. (“Delfin”) announced today that it has entered into a strategic investment agreement with Mitsui O.S.K.
  • Lines, Ltd. (“MOL”) that accelerates growth and drives future expansion, enabling Delfin to accelerate clean low-cost LNG exports from North America to customers around the world.
  • As part of the agreement, MOL will make an investment in Delfin and a MOL representative will join Delfin’s Board of Directors.
  • Through this investment agreement, MOL and Delfin aims to solidify their continuing commitment to the success of the Delfin LNG project and set the stage for a promising future in the LNG industry.

Dorian LPG Ltd. Announces Delivery of 2023-Built Dual-Fuel VLGC HLS Diamond Under Long-Term Time Charter

Retrieved on: 
Thursday, March 23, 2023
Diamond, Result, Risk, Financial condition report, Calendar, Helios, Form 10-K, Conversation, Carbon, Form 10-Q, Panama Canal, Nature, ECO, Analysis, MOL, Panama, LPG, Annual report, NYSE, Economics, Propane, Audit, Natural gas

STAMFORD, Conn., March 23, 2023 /PRNewswire/ -- Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), one of the world's largest owners and operators of modern and ECO very large gas carriers ("VLGCs"), is pleased to announce that it took delivery of the 2023-built Dual-Fuel LPG Carrier HLS Diamond, which is the second dual fuel LPG carrier to join the Dorian LPG fleet, on long-term time charter.

Key Points: 
  • STAMFORD, Conn., March 23, 2023 /PRNewswire/ -- Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), one of the world's largest owners and operators of modern and ECO very large gas carriers ("VLGCs"), is pleased to announce that it took delivery of the 2023-built Dual-Fuel LPG Carrier HLS Diamond, which is the second dual fuel LPG carrier to join the Dorian LPG fleet, on long-term time charter.
  • She will trade in the Helios LPG Pool which we operate jointly with MOL subsidiary, Phoenix Tankers.
  • HLS Diamond is able to transit the old Panama Canal locks, reducing delays and costs compared to the new Panama Canal.
  • The Company does not assume any obligation to update the information contained in this press release.