ONGC sells KG basin field’s gas

In an e-auction, the firm sold 1.4 million standard cubic meters per day - a fraction of the planned output from the block that sits next to Reliance Industries' prolific KG-D6 area in the Bay of Bengal, to Torrent Gas Pune Ltd, GAIL (India) Ltd and Hindustan Petroleum Corporation Ltd (HPCL).

TCL gets technology to extract biodiesel from microalgae

The Central Salt and Marine Chemicals Research Institute (CSMCRI), Bhavnagar has licensed its technology to extract crude oil from a species of microalga to Tata Chemicals Limited (TCL), Mumbai for production of automobile fuel.

New recommendations released for ammonia vessels safety design

‘Recommendations for Design and Operation of Ammonia-Fuelled Vessels based on Multi-disciplinary Risk Analysis’ presents the most comprehensive study to date of the effectiveness of risk mitigation measures in three ammonia-fuelled vessels – a container ship, a tanker, and a bulk carrier.

Global maritime trade costs may increase with zero-emission fuels

Over 80 per cent of global trade by volume and 70 per cent by value, transported via ships, would be notably affected by these cost changes. Small island developing states (SIDs) and least developed countries (LDCs), heavily dependent on imports and exports and distanced from major trade routes, are prone to increased transport costs.

GS Caltex partners with Korean Air for bio jet fuel testing

The two companies signed the memorandum of understanding, under which the oil refiner will supply biofuel, known as sustainable aviation fuel (SAF), to the flag carrier on select international flights departing from Incheon, west of Seoul, the main gateway to Korea.

Centre rolls out norms for green hydrogen

The union ministry of new and renewable energy rolled out the guidelines for the much-anticipated incentive schemes for green hydrogen and electrolyzers. The incentive schemes were announced after the union cabinet approved the National Green Hydrogen Mission earlier this year with an aim to produce 5 million tonne green hydrogen annually and make India a

BPCL to raise funds for green energy

Bharat Petroleum said it approved raising up to 180 billion rupees ($2.19 billion) through an issue of equity shares on a rights basis underscoring India’s push to achieve net zero-emissions goals. The details of the issue, including the price, right entitlement and timing will be intimated separately after the board approval. The Indian government is

India and EU to discuss carbon tax issues

India and the European Union have constituted two teams to discuss issues pertaining to the EU’s carbon tax, which will kick in from October 2023. The European Union (EU) is introducing the Carbon Border Adjustment Mechanism (CBAM) from October 1 this year. It would have an impact on seven carbon-intensive sectors, including steel, cement, fertiliser,

UECC completes biofuel delivery

United European Car Carriers (UECC) has completed the delivery of B30 biofuel in the port of Vlissingen, in collaboration with biofuel provider GoodFuels and vessel owner NYK. This operation marks the first time a UECC time-chartered vessel, m/v Emerald Leader, has been bunkered with biofuel. The biofuel bunkering operation was made possible through a partnership

Canada’s first hydrogen train makes debut  

The first hydrogen-powered train in North America is taking riders on a two-and-a-half hour trip through central Quebec this summer. The tourist train made by French company Alstom runs from Montmorency Falls in Quebec City to Baie-Saint-Paul — partway along the Train de Charlevoix route — on Wednesday through Sunday until Sept. 30, carrying up