VinFast looks to start India EV operations

Vietnamese electric vehicle (EV) maker VinFast is moving fast to kick-start its India operations, targeting sales of its first two-wheelers and four-wheelers in India beginning in the third quarter or second half of calendar year 2024, two persons aware of the plans told Mint on condition of anonymity. The company has held dealer ‘clinics’ with

Greenhouse emissions study validates low carbon GAS project

Atlas Salt Inc. Company” or “Atlas Salt” announced the results of a Greenhouse Gas (GHG) Emissions Inventory Report for its Great Atlantic Salt (GAS) Project by Stantec Consulting Ltd. (Stantec). The annual direct GHG emissions from mine operations are comparable to those of just four Newfoundland families. The Stantec report underscores Atlas Salt’s commitment to

Green ammonia production key to decarbonizing shipping industry

A study by researchers at the University of Oxford found that green ammonia could be used to fulfill the fuel demands of over 60% of global shipping by targeting just the top 10 regional fuel ports. By looking at the production costs of ammonia which are similar to very low sulphur fuels, the team concluded

Equatorial, TFG and Sinopec top 3 marine bunker suppliers

Equatorial Marine Fuel Management Services maintained its top spot among marine bunker suppliers in Singapore, the world’s largest bunker hub, while Sinopec Fuel Oil Singapore propelled into No.3 in 2023, latest data from the port authority showed. Equatorial maintained its top position for a second consecutive year, while Trafigura’s TFG Marine rose one spot to

Nuvera Fuel Cells to collaborate with HELINOR Energy to develop zero-emission marine power

Nuvera Fuel Cells, a leading provider of fuel cell power solutions, has formalized a technology development agreement with HELINOR Energy, a Norwegian technology and production provider specializing in next-generation hydrogen fuel cell and fire suppression modules. The collaboration aims to develop scalable zero-emission energy solutions for maritime applications, with HELINOR funding the integration of Nuvera’s

IOC to open 300 ethanol fuel stations: Gadkari

Indian Oil Corp , the country’s top refiner, will open 300 ethanol fuel stations, federal road transport minister Nitin Gadkari said. “My demand of opening of ethanol pumps is accepted by the petroleum minister,” Gadkari said on the sidelines of a sugar conference in the western city of Pune. “Indian Oil has taken a decision

Welspun World’s Rs 40,000 Cr investment for green energy transition

Welspun World, a prominent Indian conglomerate, through its subsidiary, Welspun New Energy (WNEL), has committed to investing over Rs 40,000 crores to develop a robust Green Hydrogen and Green Ammonia ecosystem in Gujarat, supporting the state’s decarbonisation ambitions. WNEL has entered into a strategic alliance with Gujarat Pipavav Port (GPPL), promoted by APM Terminals, to

Green hydrogen can enable energy transition in net-zero

Green hydrogen in India can not only provide energy for sectors such as fertilizers, chemicals, refining and iron, but also save carbon emissions compared to fossil fuels, the World Economic Forum said. In a detailed analysis of what it will take to make green hydrogen a credible energy pathway in India, the report said, “Green

Jet Aviation partners with World Fuel Services to offer SAF

Jet Aviation is offering business aviation customers Sustainable Aviation Fuel on-site at its FBOs in Bozeman, Montana, and Scottsdale, Arizona thanks to deal with World Fuel Services. Under the agreement, which was announced late last month, Jet Aviation has purchased a long-term supply of SAF from World Fuel Services for its FBOs in Bozeman and

Singapore posts record high marine fuel sales

Singapore’s marine fuel sales hit a record high last year, official data showed on Friday, led by record container throughput and stronger interest in biofuels. Sales, including volumes of bio-blended fuels and liquefied natural gas (LNG), rose to 51.82 million metric tons, data from Singapore’s Maritime and Port Authority (MPA) showed. That surpassed a record