Oil India plans to invest Rs 25,000 cr to achieve net-zero targets

State-run Oil India Limited (OIL) plans to invest Rs 25,000 crore to achieve its net-zero emissions target, the oil and gas explorer’s Chairman and Managing Director Ranjit Rath said. Rath said at a press conference that OIL commits to invest in green hydrogen, setting up of 2G ethanol plant, compressed biogas plants, carbon capture utilisation

Honeywell in talks with Indian companies to supply tech for green hydrogen

American technology firm, Honeywell, has said it has ready-to-use catalyst-coated membranes for the production of Green Hydrogen in India. The company is presently in talks with an undisclosed list of manufacturers in India, to supply this chemistry technology for the electrolysis of green hydrogen. Honeywell’s interest in being a supplier is significant in light of

Monjasa enables Latin America’s largest ISCC-certified marine biofuels option

By enabling a sustainable and scalable biofuel option for the maritime industry in Latin America, global top 10 marine fuels supplier, Monjasa, prepares for the changing fuel mix of the future. However, Monjasa still awaits the shift away from biofuel trial voyages to a broader pick-up in demand. Drop-in fuels are considered a viable option

India looks to mandate blending of 1% SAF

The recently launched Global Biofuel Alliance (GBA) can turn India into a major production and export hub for sustainable aviation fuel (SAF) and give the country a chance to set international standards in the sector, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said. However, domestic demand will also be high. India is

India may end use of fossil fuel before 2070

Petroleum and natural gas minister Hardeep Singh Puri said India will be self-reliant in energy sector by 2047 and is likely to end use of fossil fuel much before the country’s target of achieving net zero emissions by 2070. As for dependence on oil, gas and coal from foreign countries, Puri said by the year

Concordia Damen contracted to deliver a 5,400 HP River Pusher

Paraguayan shipowner and operator ‘Girona S.A. – Rio Sur Transporte y Logistica’ has contracted Dutch inland shipping construction yard Concordia Damen to build a ‘CDS4115’ Shallow Draft 5.400 HP River Pusher to expand its fleet. The family-owned company is one of the most traditional waterway transport companies in Paraguay, serving many customers along the 2695

Study to convert CO2 from glass production into methanol

The study aims to convert the CO2 generated at AGC‘s Kashima Plant in Japan into methanol. AGC and Mitsubishi Gas Chemical Company (MGC) will conduct a study on the production of methanol made from CO2 generated from AGC’s architectural glass production. The goal of the study is to use CCU1 technology to convert the CO2

SSY rolls out EU carbon market compliance service

London-based Simpson Spence Young (SSY) has launched a new service to secure carbon allowance procurement for clients ahead of shipping’s entry into the EU’s emissions trading system (ETS). The world’s largest independent shipbroker has joined forces with carbon market specialists CF Partners, which operates one of the largest trading desks in the carbon compliance market.

US tops in LNG exports

The United States exported more LNG than any other country in the first half of 2023, according to data from CEDIGAZ. US LNG exports averaged 11.6bn cu ft per day during this period, 4% more than in the same period last year, allowing the US to leapfrog past Australia and Qatar in global exports. A

India Maritime and Energy 2023

India Maritime and Energy Conference and Awards is an International Conference & Award show that shall serve as a convergence point for the Oil & gas industry veterans, energy professionals, maritime decision-makers, and stakeholders. The conference aims to unite upstream and downstream oil and gas companies and meet national and international audiences to discover the