Neste and New Jersey Natural Gas to cut GHG emissions

Neste and New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources, look to reduce greenhouse gas (GHG) emissions with Neste MY Renewable Diesel™. NJNG announced it is switching its medium-duty trucks and associated equipment to renewable diesel to help reduce GHG emissions. NJNG is now the first natural gas utility on the

Marriott International commits to achieve netzero by 2050

Marriott International has announced that its near and long-term science-based emissions reduction targets have been verified by the Science Based Targets initiative (SBTi), committing the company to achieving net-zero emissions across the value chain by 2050. The target boundary will include emissions removal from bioenergy feedstocks. The global hospitality company is aiming to reduce absolute

CEEC Hydrogen signs agreement with Headway Technology on green fuels

CEEC Hydrogen Energy announced that it signed a strategic cooperation agreement with Headway Technology Group (Qingdao). The two parties will fully leverage their advantages, cooperating in hydrogen energy storage and transportation, utilization, and equipment manufacturing. In particular, they aim to jointly promote the development of the hydrogen energy industry chain by exploring integrated development modes

IIT Bombay partners with HSBC to support green hydrogen initiatives

IIT Bombay has partnered with HSBC to pursue technological advancements towards making green hydrogen production more efficient, cost-effective, and scalable.  According to media communique, the focus of the joint initiative will be on innovative projects that will help position green hydrogen as a strategic alternate fuel; help in building a robust, green hydrogen economy and

ARAI receives 13 bids for green hydrogen projects

The Automotive Research Association of India (ARAI) has received thirteen technical bids for pilot projects for the use of green hydrogen in the transport sector. ARAI, the implementing agency for these projects, is currently conducting a technical evaluation of the proposals. An allocation of Rs 496 crore has been made for green hydrogen and other

Crude oil consumption increased by 4.6% in FY24: PPAC

India’s total consumption of crude oil or petroleum products rose 4.6 pent in fiscal 2023-24 (FY24) to 233.3 million metric tonne (MMT), while domestic production of crude oil rose marginally at 0.6 per cent. The domestic crude oil production was almost unchanged at 29.4 MMT in 2023-24, compared to 29.2 MMT in the year-ago period.

ABS releases technical and operational advisory on methanol bunkering

ABS has released technical and operational advisory on using on methanol as a marine fuel. The new advisory provides the maritime industry with insight into the challenges of bunkering methanol and strategies to address them. The publication provides guidance regarding the technical and operational challenges of the supplier to the receiving vessel including critical design

Carras Aquataurus becomes world’s first vessel to earn ABS biofuel-1 notation

Carras (Hellas) S.A. is taking the next step in its sustainability journey by receiving the ABS Biofuel-1 notation for its Aquataurus ultramax bulk carrier, the first vessel in the world to qualify. The notation is assigned to vessels that use a biofuel blend of up to and including 30 percent biofuel in compliance with IMO

Hapag Lloyd signs agreement with Seaspan Corp

Hapag Lloyd’s brand continues to appear on the radar of green shipping developments following last week’s announcement that Zemba (Zero Emission Maritime Buyers Alliance) has awarded the Hamburg carrier a zero-emission contract. In the latest decarbonisation drive involving Hapag Lloyd (HL) has signed an agreement with vessel owner Seaspan Corporation to retrofit five 10 100-TEU charter

IBIA collaborates with BIMCO on fuel and maritime challenges

IBIA – The International Bunker Industry Association and BIMCO have signed a Memorandum of Understanding (MoU) to collaborate on some of the monumental challenges and opportunities within the areas of bunker, marine energy and maritime sectors and help facilitate shipping’s decarbonisation efforts. The parties have agreed to leverage their respective expertise and resources to develop