Crude oil output rises 7.9% to 2.3 MMT in February

Crude oil imports decreased by 6.6 per cent and increased by 0.4 per cent during February 2024 and April-February 2024 respectively India produced a total of 2.3 million metric tonnes (MMT) of crude oil in February 2024 – registering a growth of 7.9 per cent compared to the year-ago period, according to Petroleum Planning &

Diesel trucks conversions to electric commercially unavailable

Transitioning away from fossil fuels is currently not possible within a reasonable timeframe and price range, a major mining company said. Running Thiess’ entire heavy vehicle fleet on environmentally friendly fuel is still in the pipeline. The employer will spend the rest of 2024 rebuilding 65 trucks to keep operating on diesel. Instead of replacing

IMO progresses toward ship emissions reduction measures

IMO is advancing discussions on legally-binding ‘mid-term’ measures to help the maritime industry achieve net zero shipping, as set out in the 2023 IMO Strategy on the Reduction of GHG Emissions from Ships. The measures are scheduled for adoption in late 2025. The topic is part of a packed agenda for IMO’s Maritime Environment Protection

K Line partners with Tokyo Gas on liquefied CO2 transportation

K-Line and Tokyo Gas are to work on a joint study of liquefied carbon dioxide (CO2) marine transportation for carbon capture and storage (CCS). The companies will carry out a simulation of marine transportation of liquefied CO2 to storage sites in Japan and in the Asian-Pacific region for CO2 emitted in the Tokyo metropolitan area,

zero44 launches new tool for FuelEU Maritime regulation costs

CO2 management specialist zero44 has released a new tool that will help shipping companies understand the financial impact of the planned FuelEU Maritime regulation. Most shipping companies are currently working on becoming EU ETS compliant, but the FuelEU Maritime legislation which should further decarbonise shipping is already around the corner. Aimed at kick-starting the large-scale

Nikola’s rollout of hydrogen trucks hitting supply-chain hurdles

Nikola began delivering its first hydrogen-powered trucks at the end of last year and expects to deliver up to 350 of the big rigs this year.  Supply-chain shortages are slowing the rollout of Nikola’s hydrogen-powered big rigs. The hangups are hitting as demand for zero-emission big rigs grows, especially in California, where new emissions regulations

Shipping corridor between Germany, Sweden

The Port of Trelleborg, the Port of Lübeck and the German ferry company TT-Line want to build a green shipping corridor between Lübeck-Travemünde, Germany, and Trelleborg, Sweden, which should be free of fossil fuels by 2040 at the latest. To this end, the four parties signed a Memorandum of Understanding (MoU) at this year’s Port

First battery storage gigafactory to start operating in J & K

GoodEnough Energy said it will start operations at India’s first battery energy storage gigafactory in the northern region of Jammu and Kashmir by October. The facility will help industry in cutting more than 5 million tons of carbon emissions in a year, GoodEnough said in a statement. India has set a 2070 goal for becoming

Ashok Leyland, Minus Zero partner on autonomous trucking solutions

Hinduja Group flagship company Ashok Leyland on said it has signed a strategic alliance with Minus Zero aimed at developing tailored autonomous trucking solutions in the country. Bengaluru-based Minus Zero is an autonomous driving technology startup and this partnership aims to revolutionise commercial trucking through autonomous solutions at scale. The initial focus of this collaboration

UN issues red alert on climate change

The World Meteorological Organisation, in a State of the Global Climate report released recently, ratcheted up concerns that a much-vaunted climate goal is increasingly in jeopardy. The UN weather agency is sounding a red alert about global warming, citing record-smashing increases last year in greenhouse gases, land and water temperatures and melting of glaciers and