Green Energy signs contract with Hydrogen Systems

Denmark-based Green Energy A/S, a leader in mobile integrated photovoltaic solutions for commercial vehicles, has announced an exclusive long-term contract with Hydrogen Systems Inc., a Saudi Arabian company, providing integrated hydrogen solutions and value-added support to industrial, hydrogen energy and decarbonization markets throughout the Kingdom and the Middle East. The agreement provides exclusive rights to

GS Caltex, partners with Posco International for eco-friendly fuels

South Korean refiner GS Caltex said it has teamed up with Posco International, the trading unit of steel giant Posco, to make a push into the biofuel market amid growing calls for emissions cuts. Under the deal, the two firms seek to build an extensive biofuel value chain combining GS Caltex’s manufacturing technology and Posco

EQT plans to invest in US LNG export facility

EQT Corp. said it may take an equity stake in a liquefied natural gas export project, as it seeks to capitalize on the booming global demand for LNG with Russian threats sending European gas prices swinging wildly. Current US Henry Hub natural gas prices are elevated from historical levels, but delivered LNG prices in Europe

MISC Berhad takes delivery of the second dual-fuel VLCC

Singapore-based petroleum logistics unit of Malaysian energy logistics group MISC Berhad, AET, has taken delivery of the second dual-fuel very large crude carrier (VLCC), which was purpose-built for a long-term charter with TotalEnergies. AET informed that its second dual-fuel VLCC, Eagle Vallery, was successfully delivered by Samsung Heavy Industries (SHI). The newest addition to AET’s

Veritas, Vinssen and EcoLabs join hands for the development of marine propulsion technology

Classification society Bureau Veritas (BV), South Korean boat manufacturer Vinssen, and the EcoLabs Centre of Innovation for Energy (EcoLabs) at the Nanyang Technological University, Singapore (NTU Singapore) have inked a Memorandum of Understanding (MoU) to commercialise of eco-friendly marine propulsion system technology and products. Under the agreement, the group will develop a pilot project in

First greenfield ethanol plant inaugurated in Bihar

Bihar chief minister Nitish Kumar inaugurated a greenfield grain-based ethanol plant built at a cost of $1.37 million at Purnea. The project is a part of Bihar’s ambitious foray into ethanol production using sugarcane, maize and rice to meet the country’s fuel needs. The ethanol plant has been built using the latest technology and will

Ayana Renewable, and Greenstat  join hands for green hydrogen projects

National Investment and Infrastructure Fund’s (NIIF) Ayana Renewable Power (Ayana) and Norway-based Greenstat ASA’s subsidiary Greenstat Hydrogen India, have entered into a joint development agreement for development of green hydrogen projects powered by renewable energy in India. Under this partnership, the companies will develop large scale green hydrogen solutions, to provide long term supply of

ABS awards AIP to HHI Group’s green hydrogen production platform

A pioneering joint development project (JDP) to advance carbon-reduction technologies between ABS and Hyundai Heavy Industries Group (HHI Group) has taken a significant step forward by securing Approval in Principle (AIP). ABS has awarded AIP to the carbon dioxide injection platform developed by HHI Group to store carbon dioxide that has been captured on land,

Green hydrogen use tested by ArcelorMittal

World’s second-largest steelmaker, ArcelorMittal has successfully tested the use of green hydrogen to reduce iron ore at one of its industrial sites in Canada. The company claims it as a milestone for the industry. Engineers at the company’s operations at Contrecoeur in Quebec replaced about 7 per cent of the natural gas typically used to

Ethanol mixed petrol in India will come into use within 6 months

The Central Government is all set to promote ethanol as an alternative fuel in coming times. According to a statement made by Nitin Gadkari, Union Minister of Road Transport and Highways in SIAM annual convention 2021, the ministry will be expanding the network of ethanol pumps across the country in the next six months. For