DBJ invests in US e-SAF producer Twelve Benefit

Development Bank of Japan (DBJ), and Mitsui OSK Line and trading company Mitsui have invested an unspecified sum in California-based synthetic sustainable aviation fuel (e-SAF) producer Twelve Benefit. The total investment by the Japanese companies amounts to billions of yen, DBJ said, without giving more details. Its aim is to support the growth of the

Uniper and Kyuden eye joint hydrogen-and-ammonia opportunities

Uniper and Kyuden International have signed a Memorandum of Understanding (MoU) to explore hydrogen and ammonia trading, renewable energy, and carbon capture utilisation and storage (CCUS). The partnership is a two-way expansion strategy: Kyuden aims to enter the European market using Uniper’s energy infrastructure, while Uniper sees Asia as a key growth region for hydrogen

Railways approached NPCIL to allocate nuclear energy for train operations

The Railways has approached the Nuclear Power Corporation of India Ltd (NPCIL) and the Ministry of Power for the allocation of nuclear energy to meet its increasing power requirement, the Rajya Sabha was recently informed. “The power requirement of the Indian Railways (IR) is increasing consistently year on year. IR is exploring all the possible

India’s natural gas demand to rise 60% by 2030: IEA

India’s natural gas demand is forecast to increase by nearly 60% by 2030 putting the country’s projected gas demand on a par with some of the world’s largest consumers, the International Energy Agency (IEA) said. The agency released its report on India gas market outlook to 2030 during the India Energy Week here. According to

Jupiter Electric Mobility launches JEM Saathi App

Jupiter Electric Mobility Pvt Ltd. (JEM), a subsidiary of Jupiter Wagons Limited, has taken a significant step in strengthening India’s electric vehicle (EV) ecosystem with the launch of its innovative mobile application, “JEM Saathi”. This app is designed to enhance the experience of JEM’s customers by providing a seamless, all-in-one platform for vehicle service communication,

DNV issues guidance to help navigate sustainability regulations

With the Hong Kong Convention (HKC) set to take effect this year, shipowners should ensure compliance with regulatory controls and inspections governing ship recycling for their vessels. DNV’s latest guidance paper “Safe and Green Recycling for Ship Owners” outlines how they can work in line with both existing EU Ship Recycling Regulations (EU SRR) and

Wärtsilä and Elomatic sign licensing and cooperation agreement on Elogrid™ technology

Technology group Wärtsilä and international consulting and engineering company Elomatic have signed a licensing and cooperation agreement covering the intellectual property rights, technology, and use of trademark of Elomatic’s unique Elogrid solution. Elogrid is a transverse thruster grid technology, which is designed to reduce vessels’ fuel consumption while also enhancing thrusters’ performance. This technology improves

MOL to offer low-emissions options to freight and NVOCC customers

In early 2024, MOL became the first shipping company in the Asia-Pacific region to issue environmental attributes certificates of low-emission voyages using alternative fuels. It has since set up a system that can issue EACs arising from using alternative fuels in the MOL-operated fleet. MITSUI OSK Lines is making concrete moves towards its goals of achieving net

India’s oil demand to peak later than in other major economies: Report

India’s refined crude demand will peak later than in other major economies, placing the country in the spotlight driving this demand. According to S&P Global Commodity Insight in a note, said while alternative fuels are gradually shifting energy consumption patterns away from fossil fuels, the fossil fuel usage will remain significant in the foreseeable future.

Svanehøj to supply CO2 pumps for INEOS’ Project Greensand in the North Sea

INEOS, the global leading petrochemicals company, has selected ITT’s Svanehøj to supply CO₂ pumps for the onshore facility and the first LCO₂ carrier for Project Greensand in the Danish North Sea. This strategically significant order further strengthens Svanehøj’s position in carbon capture and storage (CCS), reinforcing its track record as a trusted specialist in critical