Mubadala-backed Cepsa signs biofuels agreement

Spanish oil and gas company Cepsa, owned by Abu Dhabi fund Mubadala and the Carlyle Group, has reached an agreement with PreZero Spain, part of the environmental division of German supermarket group Lidl’s owner Schwarz Group, to develop biomethane plants using organic waste. Cepsa is investing up to EUR8bn($8.6bn) through 2030 to shift its business

Suzuki trials sustainable marine fuel

SUZUKI Motor Corporation’s subsidiary in the US, Suzuki Marine USA, will participate in a project aimed at promoting the widespread use of sustainable fuel for recreational boating. This project is an initiative by the National Marine Manufacturers Association (hereinafter NMMA) to promote the adoption of sustainable fuels as part of their efforts to decarbonise recreational

Eidesvik receives approval for Viking Energy

The ShipFC project has reached a major milestone, as the Norwegian Maritime Authority confirms the feasibility of the ammonia fuel system design for the Eidesvik-owned platform supply vessel, Viking Energy. Through the EU-funded ShipFC project, the project partners aim to retrofit the platform supply vessel Viking Energy with an ammonia fuel system and a large

SolarDuck, RWE successfully install offshore floating solar pilot Merganser

With the support of RWE, the Dutch-Norwegian company SolarDuck, has installed its offshore floating solar (OFPV) project, Merganser. The pilot project aims to test and demonstrate the structural, mooring and electrical designs and acquire knowledge about manufacturing, assembly, offshore installation and maintenance methodologies required for large-scale commercial deployment of OFPV. Merganser has a capacity of

Carbon neutral awareness week at HIP

With the final objective of becoming carbon neutral, the Hambantota International Port (HIP) has set aside a week to create awareness amongst Port employees on their three sustainability goals, Climate action, life below water, and life on land. Launched last year as an annual event of the port, this year the initiative will see the

WB approves $1.5 bn for green hydrogen push in India

The World Bank has approved the second round of $1.5 billion loan to help India push its low-carbon energy development. The funds will help promote the development of a vibrant market for green hydrogen, continue to scale up renewable energy, and stimulate finance for low-carbon energy investments. India is the fastest-growing large economy in the

Port of Gangavaram offers incentives for using green fuel

Port of Gangavaram, India, offers 50% waiver on port dues for vessels propelled by environmentally friendly fuels such as LNG, ammonia, hydrogen, or electrical power effective from July 1, 2024. This initiative applies to all vessels equipped with dual fuel engines that primarily use any of the aforementioned green fuels. To avail of the waiver,

Nile University, GH2 agree to establish international green hydrogen centre

Egypt is set to establish an international green hydrogen centre following an agreement signed between Nile University and the Green Hydrogen Organization (GH2) on the sidelines of the Egypt-EU Investment Conference. The signing was witnessed by Prime Minister Mostafa Madbouly and Minister of Higher Education and Scientific Research, Ayman Ashour. The centre, a collaboration between

Hapag-Lloyd partners with ZeroNorth for digital bunkering solution

Hapag-Lloyd has partnered with Danish tech company ZeroNorth to launch a digital bunker procurement and planning solution. The partnership will collaborate on creating a digital solution for Hapag-Lloyd to navigate the energy transition, reduce fuel costs, and lower service costs. ZeroNorth said the solution will set a ‘new industry standard’ for digitalising end-to-end bunker planning

CO2-to-methanol conversion improved with catalyst-support

Researchers at Oak Ridge National Laboratory and a team of interdisciplinary scientists tripled the yield of methanol in the catalytic hydrogenation reaction of carbon dioxide by introducing hydrides into the catalyst support material. The researchers say the higher yield is “due to the direct participation of surface hydrides in the reaction, and the modified electronic