Marine fuel sales in Singapore hub increased in October

Marine fuel sales in Singapore surged to a one-year high in October, latest official data showed, as more competitive prices attracted ships to refuel at the world’s top bunkering hub.  October bunker sales totaled 4.25 million tonnes, climbing 7% from September, while vessel arrivals for bunkering at Singapore rose 9% month-on-month at 3,431 vessel calls,

VPS launches biofuel testing and advisory service

According to the media reports reports, Veritas Petroleum Services (VPS) has launched its APS-BIO service to give biofuel users “peace of mind” by assuring everything from legislative compliance to asset protection and operational efficiency. VPS said it launched the new service that includes laboratory testing and advisory support in light of the speed with which

The US can meet biojet fuel production demand domestically

The study found that planting the grass miscanthus on 23.2 million hectares of existing marginal agricultural lands – land that often lays fallow or is poor in soil quality – across the United States would provide enough biomass feedstock to meet the liquid fuel demands of the U.S. aviation sector fully from biofuels, an amount

India takes a stand to phase down fossil fuels

India is leading a push for the COP27 climate summit to conclude with a decision on phasing down all fossil fuels, a move that would expand the focus from just coal, but is likely to raise strong concerns from oil and gas-reliant countries. Indian negotiators formally called on the Egyptian Presidency of climate talks for

At COP27 countries committed to cut emissions

Some of the world’s leading economies have committed to reducing greenhouse gas (GHG) emissions from fossil fuels, but said oil and gas consumption will persist as the energy transition takes shape as they seek to balance energy security with decarbonisation. At the Cop 27 UN climate summit today, the US, the EU, the UK, Japan,

IOC to recycle 20 mn PET bottles annually

IOC, which meets as much as half of the nation’s fuel needs, has already committed to a net zero emission target by 2046 and is now venturing into recycling PET bottles. Indian Oil Corporation (IOC), the nation’s largest oil firm, will recycle 20 million discarded mineral water, cold drink and other PET bottles annually to

Federal funding sought for hydrogen hub in the US

A coalition of Southeastern utilities is seeking federal funding for a regional hydrogen hub. The utilities, including Georgia Power’s corporate parent, Southern Company, believe that hydrogen is poised to play a major role in reducing climate-warming carbon emissions. That’s because hydrogen, the most abundant element in the universe, is a clean and versatile energy source

Maersk in favor of setting up an end date for heavy oils in shipping

The only way to lower greenhouse gas emissions in shipping and entice companies to set zero-emission targets in the sector is by setting an end date for fossil fuels in the shipping industry through a global regulation, Maersk’s Chief Advisor for Green Transition Concepción Boo Arias said. Aside from the exact end date for fossil

Samsung gets approval from DNV for liquid hydrogen fuel-cell system

South Korean shipbuilder Samsung Heavy Industries (SHI) has received approval in principle (AiP) for the technology based on combining liquefied hydrogen and polymer electrolyte membrane fuel cell (PEMFC) from Norwegian classification society DNV SHI said it is the first shipbuilder in the maritime sector to develop fuel-cell technology for ships. The company said it acquired

India asks for higher global climate finance target

Developing countries require substantive enhancement in climate finance from the floor of $100 billion per year to meet their ambitious goals and rich countries need to lead the mobilisation of resources, India has stressed at the ongoing UN climate summit COP27. At COP15 in Copenhagen in 2009, developed countries had committed to jointly mobilise $100