Energy transition to curb oil demand growth

Global oil demand will grow by 2.4 million barrels per day (bpd) in 2023 to a record 102.3 million bpd, the IEA said in its monthly report.

Navigator partners with Bumi Armada for CO2 shipping solution

Called the Bluestreak CO2 Joint Venture, the company will be equally owned by Navigator and Bumi Armada, and target emitters with no access to pipeline infrastructure, to effectively manage their CO2 emissions

Trees growing faster, but absorbing less carbon dioxide

Studies have even confirmed that fast-growing trees are often associated with shorter life expectancies.

India takes lead in LEED netzero certifications

Out of 150 LEED Zero certified projects, India accounts for 73 projects (45 per cent) — with Haryana and Tamil Nadu as frontrunners in terms of certifications within India.

Gasoline sales in India fell down

Sales of gasoline, used in passenger vehicles and two-wheelers, fell 3.8% to 1.31 million tonnes in the first half of June from the same period a month ago, the data showed.

Oil and gas production in India to attain peak in 2027

The KG-Basin is a petroliferous margin basin and is spread over more than 50,000 square kilometres in the Krishna rriver and Godavari river basins in Andhra Pradesh.

Aluminum exports from India may get impacted by CBAM

According to statistics, India has an annual production capacity of primary aluminum of 4.1 million tons, accounting for 6% of total global production, of which 56% is for export

Pilot Energy and KNCC to partner on CCS project

The two companies will develop solutions to enable large-scale industrial emitters to transport via ship ambient temperature LCO2, inject, and permanently store CO2 at the Cliff Head CCS project.

Tata Steel to work with SMS Group for steel decarbonization process

As part of the MoU, the companies shall undertake further technical discussions and initiate actions for conducting a joint industrial demonstration of the EASyMelt technology, developed by the SMS Group

MOVIN introduces EVs in Delhi NCR

The EVs were flagged off by JB Singh, Director MOVIN Express and Gregory Goba-Ble, Vice President for UPS in the Indian subcontinent, Middle East and Africa and Director for MOVIN Express from the Bilaspur Hub in Gurugram.