Companies sign MoU to expand partnership into green fuels
Venture Energy Limited and Shanghai Shenji Energy & Environmental Technology Co Ltd announced the signing of a Memorandum of Understanding (MoU), upgrading their existing spot trade relationship into a broader, full-spectrum partnership focusing on green fuels.
The agreement expands cooperation beyond spot trading to include medium- and long-term offtake arrangements, green fuel trial bunkering, development of trading platforms and technical management services for marine vessels. As stated, the MoU was signed on 17 April 2026 at the headquarters of Shenergy Group in Shanghai by Greg McMillan, executive director of Venture Energy, and Zhu Jiaqi, chairman of Shenergy Environmental Technology Co.
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