IndianOil joins table of F1 fuel producers

IOC had in October last year helped India join a select league of nations when it began producing highly specialised ‘reference’ petrol and diesel that are used for testing automobiles. After delivering back-to-back innovations in fuel grades, Indian Oil Corporation (IOC) has now set sight on the Grand Prix and will in next three months

Govt aims to make inland waterways ports 100% green

The government plans to make all coastal and river ports in inland waterways “completely green” in five years by using renewable energy, said a senior civil servant. VO Chidambaranar Port in Thoothukudi in Tamil Nadu, Deendayal Port Authority in Kandla in Gujarat, Visakhapatnam Port and Jawaharlal Nehru Port in Navi Mumbai already use green energy

JNCASR researchers develop new method to convert CO2

A team of Indian researchers has synthesised a novel and highly efficient photocatalyst that can convert carbon dioxide (CO2) to high-value products ethene and ethylene — used as fuel gases and also for the polymer industry. The innovation will help India stride towards clean fuel, and bolster its goal for net-zero emissions by 2070. The

OPEC expects share of Indian oil imports to rise again

OPEC is set to win a bigger share of India’s oil imports in coming decades due to the proximity of its supplies, the producer group’s head said, after its dominance was recently eroded by competition from discounted Russian oil. The share of oil from the Organization of the Petroleum Exporting Countries (OPEC) imported by India

LanzaTech introduces Tech to capture carbon

Synthetic biology and engineering company LanzaTech commercialized a technology that captures carbon from steel mills and ferril alloy mills before it is released into the atmosphere; it is then transformed into raw materials that are used in products traditionally derived from petroleum. Plants get a new revenue stream through the sale of ethanol made from

MethaneSAT can identify methane emitters

Methane is the second largest contributor to global warming, after carbon dioxide. MethaneSAT will identify how much methane is coming from where, who’s responsible, and are those emissions going up or down over time. MethaneSAT — a satellite which will track and measure methane emissions at a global scale — was launched aboard a SpaceX

CMA CGM partners with Nike to reduce carbon footprint

Nike, a global leader in the apparel and sportswear industry, has recently entered into an agreement with CMA CGM to purchase sustainable biofuel for a part of their maritime transport. From July 1, 2023, to May 31, 2024, Nike will use sustainable biofuel for the transportation of 36% of their volume with CMA CGM. Through

Braya renewable diesel refinery begins operations

The Braya Renewable Fuels refinery in Newfoundland and Labrador has started operations, giving the facility a second life as a production site for renewable diesel. Owned and operated by Braya Renewable Fuels, it was formerly the Come by Chance petroleum refinery. In November 2021, Dallas-based private equity firm Cresta Fund Management acquired a controlling interest

Global carbon pollution hits record high

Global carbon pollution from energy hit a record high last year, driven partly by increased fossil fuel use in countries where droughts restricted hydropower production, according to an International Energy Agency (IEA) report. Steep cuts in carbon emissions, mainly from burning fossil fuels, will be needed in the coming years if targets to limit a

Stena Drilling leads offshore industry in green transition

Amidst the urgent global shift towards sustainability, Stena Drilling, a Scotland-based offshore drilling contractor, has emerged as a pioneering force in the offshore oil and gas industry’s green transition. The company’s commitment to reducing its carbon footprint has been solidified with the reception of the ISO 50001 certification in January 2022, covering all its rigs