Pak Oil refineries shutting down production due to massive import of HSFO

The local oil refineries are shutting down their production due to massive import of High Sulphur Fuel Oil (HSFO) by the government and low demand from the power sector. Pakistan Refinery Limited has become the third one to announce its closure following Byco Petroleum Pakistan Limited (BPPL), now renamed as Cnergyico Pk Limited, and National

Shipbuilders accelerate drive to make eco-friendly vessels

A growing number of shipbuilders are turning to eco-friendly vessels as the shipping industry will face strengthened requirements on carbon emissions in the coming years. Shipping accounts for about 3 percent of the world’s annual carbon emissions. The International Maritime Organization has ordered shipping companies to cut their greenhouse gas emissions by at least 30

Rolls-Royce to provide mtu hydrogen tech for Duisburg container terminal

Technology company Rolls-Royce has been contracted to ensure a climate-neutral energy supply at the container terminal currently under construction at the Port of Duisburg, Germany. Rolls-Royce’s Power Systems business unit will provide its mtu hydrogen technology for this purpose, in order to supply the future terminal with electrical energy and heat in a sustainable manner.

Saudi Aramco CEO warns of anxiety if investment in fossil fuels is cut sharply

Amin Nasser, CEO of Saudi Aramco, the world’s largest oil producer, urged world leaders on Monday to continue investing in fossil fuels that warm the world. The assumption that we can move to clean energy “evening” is “terribly flawed.” In a statement at the World Oil Conference in Houston, Texas, Nacelle said that moving to

Essar to develop Stanlow terminal into UK’s largest biofuel storage hub

Essar Energy-owned Stanlow Terminals Limited (STL) announced that it will make investments over the next three years to develop the UK’s largest biofuels storage hub. The major investment is a key pillar in Stanlow Terminals’ strategic objective to become the UK’s largest bulk liquid storage and energy infrastructure solutions provider. It will deliver 300,000 cubic

India set to be third-largest ethanol market by 2026

India is set to become the third-largest market for ethanol in the world after the US and Brazil by 2026, a recent report by the International Energy Agency (IEA) said, adding that the country has tripled ethanol demand to an estimated 3 billion litres between 2017 and 2021. Buoyed by India’s growing appetite, Asia is

Hapag-Lloyd to assess performance of LNG retrofit

German container liner Hapag-Lloyd will monitor the performances of a vessel it retrofitted to run on LNG, before deciding on any further conversions. The 15,000 twenty-foot equivalent unit Brussels Express was converted to run on LNG earlier this year in Shanghai’s Huarun Dadong shipyard. The containership was formerly known as the Sajir. Hapag-Lloyd told Argus

Retrofitting to existing industrial infrastructure crucial to achieve netzero

In a world where climate change is increasingly influenced by industrial emissions, decarbonizing the industrial sector becomes the immediate priority to phase out CO2 emissions from the use of fossil fuels. Against this backdrop, retrofitting carbon capture, utilization and storage (CCUS) technologies to existing industrial infrastructure will become crucial to reaching netzero by 2050, according

WinGD’s engines will run on methanol from 2024 and ammonia from 2025

Swiss engine designer WinGD, a leading developer of two-stroke low-speed gas and diesel engines used for propulsion power in merchant shipping, said that its engines will be able to run on methanol and ammonia from 2024 and 2025 respectively. WinGD’s multi-fuel solutions will be based on its well-established diesel-fueled X engines and dual-fuel X-DF engines.

‘Ethanol blending programme will cut down surplus sugar stock substantially’

Ethanol key factor in reducing sugarcane arrears, says Ravi Gupta, Shree Renuka Sugars Director India’s surplus sugar stock is likely to come down substantially to less than a million tonne (mt) in next four years from a high of 5.2 mt last year — thanks to the success of the ethanol blending programme with industries