TotalEnergies becomes member of the Castor Initiative

French energy major TotalEnergies has become the eighth member of the Castor Initiative, a multinational coalition of shipping industry players committed to the development and construction of ammonia-powered tankers. The coalition, founded in 2020 by Malaysia’s top shipping line MISC, South Korean shipbuilder Samsung Heavy Industries, and class society Lloyd’s Register, also includes German engine

First hydrogen industrial vehicle production line put into operation in China

China’s first hydrogen powered industrial vehicle production line is now fully operational in South China’s Guangdong Province, which will support the green development of Guangdong-Hong Kong-Macao Greater Bay Area, and the achievement of China’s “dual carbon” goal. The production line, located in an industrial park in Chancheng district, Foshan city, Guangdong, is specialized for the

KC8 Capture Technologies to build carbon capture plant

Processing engineering firm KC8 Capture Technologies will construct and install a demonstration plant to capture carbon dioxide at one of Australia’s largest cement producers, Cement Australia’s facility in Gladstone. The deal marks Cement Australia’s move into carbon capture and storage amid growing pressure on heavy industry to reduce emissions, including in hard-to-abate sectors. KC8 said

EU, and Japan agree to cooperate on hydrogen market development

The EU and Japan have intensified their cooperation on hydrogen with the signature of a Memorandum of Cooperation (MoC) to spur innovation and develop an international hydrogen market. As frontrunners in hydrogen technology, the EU and Japan will work together for sustainable and affordable production, trade, transport, storage, distribution and use of renewable and low-carbon

Essar to build petrochemical complex in Odisha

India’s Essar Group is planning to construct a petrochemical complex in the eastern state of Odisha, with an investment of Rs400bn ($4.92bn). Planned to be built with a potential partner, the oil to petrochemical complex will be equipped to have an annual capacity of 7.5 million tonnes. Essar made the announcement at the third edition

WSC responds shipping’s inclusion in EU carbon market

The World Shipping Council (WSC), representing the international liner shipping industry, has issued a response to the preliminary agreement by the European Parliament, Council and Commission to include the maritime sector in the EU Emissions Trading System (EU ETS). The agreement also sets in motion the next steps for the EU to make the ETS

Shell to work with Alfa Laval for hydrogen carriers

A unit of LNG giant Shell and Sweden’s tech firm Alfa Laval are joining forces to develop a new gas combustion unit (GCU) for use on liquid hydrogen carriers. In that regard, Shell International Trading and Shipping has signed a memorandum of understanding (MOU) with Alfa Laval as they look to pave the way for

EPA proposes to increase use of ethanol and other biofuels

The Environmental Protection Agency (EPA) has proposed increasing ethanol and other biofuels that must be blended into the nation’s fuel supplies over the next three years. The announcement was welcomed by renewable fuel and farm groups but condemned by environmentalists and oil industry groups. The proposal also includes incentives for the use of biogas from

Global fossil fuel use to skyrocket before falling

A new climate study by BloombergNEF (BNEF) shows that there might be hope for reparative action, even though it might take slightly longer. The 2022 BNEF New Energy Outlook report assesses how the energy systems of nine critical countries that make up 63% of global emissions will likely progress in two scenarios in the coming

e1 Marine teams up with Navtek for developing hydrogen-powered vessels

US-based methanol-to-hydrogen technology company e1 Marine has teamed up with Turkish naval design and engineering specialist Navtek to develop hydrogen-powered vessels for the European market. The first project will see the development of a 120- to 160 m-long hydrogen-powered car carrier design that requires 8 MW to 10 MW propulsion, with the focus then shifting