NYK retrofit tugboat to run on ammonia

Nippon Yusen Kaisha (NYK) has moved to retrofit its liquefied natural gas (LNG)-fuelled tugboat to run on ammonia fuel. Yokohama-based Keihin Dock Co., part of NYK Group, will carry out the modifications on the Sakigake it built in 2015. The vessel, which operates in Tokyo Bay for another NYK Group company, Shin-Nippon Kaiyosha Corporation, should

Prax expands its bunker fleet with Fortuna II tanker addition

UK oil refiner Prax Group is expanding its bunkering fleet with the acquisition of the 2020-built product tanker Fortuna II. The 68 m long Fortuna II can carry very low sulphur fuel oil (VLSFO) and marine gas oil, and is able to supply bunkering services in ports right along the UK coast and in northwestern

Centrica to buy LNG from Delfin Midstream

Centrica Plc, Britain’s largest energy supplier, has signed a 7-billion-pound ($8.47 billion) agreement with US-based Delfin Midstream Inc to buy liquefied natural gas (LNG) from 2026. Centrica, which owns British Gas, said the 15-year deal would be worth around 7 billion pounds and involve buying 1 million tonnes of LNG per annum on a free

Can we consider ESG reports as a replacement for real sustainability?

ESG reporting means revealing environmental, social and corporate governance data. The purpose of ESG Reports is to throw focus on a company’s ESG activities and improving investor transparency while inspiring other organizations to do the same. Of late, corporate leaders are facing conflicting signals with regard to environmental, social, and governance reporting, which has generated

Indian parliament’s lower house passes bill to promote use of green fuels

Lok Sabha passed a bill seeking to promote the use of non-fossil fuels, including ethanol, green hydrogen and biomass. The bill is also aimed at helping the country achieve its international commitments with respect to climate change goals. The bill was passed by the House after rejecting amendments moved by some Opposition members. Among other

Indian PM to dedicate 2G ethanol plant in Panipat to nation

Indian Prime Minister Narendra Modi will dedicate to the nation a second generation (2G) ethanol plant tomorrow. The plant was built at an estimated cost of $11.31 million (Rs 900 crore) in Haryana’s Panipat. The dedication of the plant is part of a long series of steps taken by the government over the years to

US Senate passes major climate, sustainable aviation fuels legislation

The US Senate passed the Inflation Reduction Act, 51-50, after Vice President Kamala Harris provided the tie-breaking vote. The bill contains five years of dedicated Sustainable Aviation Fuel tax provisions aimed at incentivizing production of the renewable jet fuel. The climate, healthcare and tax package now will move to the US House of Representatives, and

Maire Tecnimont bags contract from Alia Servizi Ambientali

Maire Tecnimont has announced that its subsidiary MyRechemical, NextChem’s company dedicated to waste-to-chemical technologies, has been awarded a basic engineering contract by Alia Servizi Ambientali for a methanol and hydrogen from waste plant in Empoli in Tuscany. The scope of the work includes the basic engineering of the plant and the documentation necessary to start

ScottishPower to build green hydrogen plant for trains, trucks and ships

ScottishPower is planning to build a £150m green hydrogen plant at the Port of Felixstowe to power trains, trucks and ships. The energy company has drawn up proposals for a 100megawatt plant at the Suffolk port which will provide enough fuel to power 1300 hydrogen trucks from 2026. The company, owned by €63bn Spanish utilities

Australia limiting LNG exports poses setback to Asia-Pacific gas markets

The Asia-Pacific gas market has suffered another blow after major natural gas producer Australia signaled it could potentially cut down liquified natural gas exports as the region battles tight gas supplies, high prices and competition from gas-short European buyers. Australia is looking to trim its overseas sales in favor of domestic consumption ahead of a