MMHE to collaborate with Silverstream Technologies in maritime decarbonisation

Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), has signed a strategic agreement with maritime clean technology company, Silverstream Technologies. The partnership will facilitate retrofit opportunities for Silverstream’s market-leading air lubrication technology – the Silverstream® System – as well as collaboration, information and knowledge sharing between the two companies. MMHE – one of the most

Shell on path to netzero

Shell published its Energy Transition Progress Report 2021 detailing the company’s progress over the past year. This report will be put to shareholders for an advisory vote at the Annual General Meeting on 24 May 2022. “In a time of great uncertainty, it is vital that our long-term energy transition strategy remains on track,” said

MOL signs an MoU with Trafigura for biodiesel fuel supply system

Mitsui O.S.K. Lines, Ltd., its wholly-owned company MOL Chemical Tankers Pte. Ltd., leading commodity trading company Trafigura Pte Ltd., and its vessel fuel supply joint-venture company TFG Marine Pte Ltd, have signed a Memorandum of Understanding (MOU). The MOU is for a joint study on the full-scale supply of biodiesel fuel (BDF) for MOLCT-operated vessels

Automakers in India to speed up decarbonization drive

Automobile manufacturers are taking several steps like increasing use of renewable energy and pushing suppliers to cut their emissions in a bid to reduce carbon footprint, but the biggest challenge for them will be tackling the tailpipe emissions from the vehicles they sell. Leveraging their vast manufacturing sites, automakers are deploying solar panels to generate

Olectra enters into electric truck segment

Olectra Greentech Limited (OLECTRA) has successfully begun 6×4 heavy-duty Electric tipper trials recently as part of its initiative to expand its product portfolio into electric truck segment. Pioneer and market leader in electric bus manufacturing, Olectra now entered into truck manufacturing and this prototype is built on heavy-duty electric tipper platform. The first of its

Germany would plunge in recession, if gas from Russia is stopped abruptly

Germany would plunge into a deep recession if its supply of Russian natural gas was suddenly shut off, the country’s top forecasters warned. The country would lose 220 billion euros ($238 billion) in economic output over the next two years in the event of such a shock, according to a report by five German economic

Intel targets to achieve netzero by 2040

Intel targets to achieve net-zero greenhouse emissions in its global operations by 2040, putting together a multi-pronged initiative will span across the chipmaker supply chain – from sourcing of raw materials, manufacturing and distribution and use of its products. It’s priority is to cut down its own carbon emissions – known Scope 1 and 2

Fossil fuel cos to spend more on new oil fields development

The world’s biggest oil and gas companies, including Shell, Exxon and Gazprom, are projected to spend €857 billion on new oil and gas fields by 2030. This could grow to a staggering €1.4 trillion by 2040, says new research from Global Witness and Oil Change International. All 20 of the companies investigated by two NGOs

To achieve netzero by 2070, India will have to triple energy generation

India must generate 18,900-22,300 Terawatt hours per year (TWh/yr) energy by 2070 if it has to develop its economy and achieve netzero at the same time, according to estimates from a new study. This is a three-fold increase in consumption from 2019. Estimating minimum energy requirement for transitioning to a net-zero, developed India in 2070

Big four auto companies to debut swappable battery system

Honda, Yamaha, Suzuki and Kawasaki – the Big Four – have been hard at work creating a swappable battery system to be compatible with all four brands; and while the official debut is still far from here. Swappable batteries are a fantastic idea in an urban commute. It’s a clever system that means riders don’t