Argentina plans new fuel shipments

Argentina’s government will import 10 fuel shipments to guarantee local supply of petrol and diesel after a recent demand spike and shortages, the country’s energy secretariat said. The measure aims to resolve shortages in recent days that led to long lines at service stations in the country to fill up with petrol as well as

NTPC inks pact with EIL for green fuels

NTPC Limited has signed an MoA with Engineers India Limited (EIL) wherein NETRA (the R&D centre of NTPC Ltd.) can take up collaborative projects in the domain of carbon capture utilization and storage (CCUS), green fuel, green chemicals including green hydrogen, green ammonia etc, green fertilizers, bio-fuels, decarbonization, waste handling, water, ash etc. leading to

Apple may have to drop carbon neutral tag in Europe

Apple recently launched the Watch Series 9 and the Watch Ultra 2, and the company is advertising these two smartwatches to be carbon-neutral, which means that Apple is removing the same amount of carbon dioxide from the atmosphere that is being produced in the lifecycle of these wearables. However, the European Union says that Apple’s

Canpac sets up Altpac for sustainable packaging

Ahmedabad-based packaging specialist, Canpac has established Altpac, a division focussed on sustainable packaging, to offer eco-friendly packaging, within the eCommerce and retail domains. Altpac will focus on providing sustainable packaging alternatives, such as eCommerce mailers, retail shopping bags, and eCommerce boxes, to its customers. The new packaging arm will leverage Canpac’s pan-India packaging operations to

easyJet completes multi-million-pound tech installation to save 88,600 tons of CO2

easyJet has announced the completion of its fleetwide retrofit, which has seen Airbus’ Descent Profile Optimisation (DPO) state-of-the-art technology now fitted on all of its aircraft, alongside Continuous Descent Approach (CDA) for compatible, newer aircraft in the easyJet fleet. Descent Profile Optimisation (DPO) is a fuel-saving initiative which updates the Flight Management System (FMS) to

Chevron to acquire US oil company Hess

US oil major Chevron announced has entered into a definitive agreement with compatriot Hess Corporation to acquire all outstanding shares of the company in an all-stock transaction valued at $53bn. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The acquisition consideration is structured with 100%

Wärtsilä decarbonisation modelling supports commitment to reducing GHG emissions

Technology group Wärtsilä has signed a strategic partnership agreement for Decarbonisation Modelling with Raízen, a major Brazilian energy company. The agreement focuses on both newbuilding and existing operation upgrade plans. Its aim is to build and implement a fleet-wide decarbonisation plan with a particular interest in the future marine introduction of ethanol as a marine

Regulatory structures needed for solar energy push

Among other challenges is the concentration of manufacturing in one or two countries which needs to be made more diversified geographically. Solar energy has the edge among other renewable energy options and is much more reliable, Power Minister R.K. Singh said on Wednesday. Addressing the 6th assembly of International Solar Alliance (ISA) here, the minister

National carbon trading system to cover 15% of emissions

India’s national emissions trading system should begin operating within two years and could cover about 15% of the country’s emissions by 2030, according to an official involved in the preparations.  The market is likely to initially cover heavily polluting industries including steel, cement, paper and pulp, petrochemicals and aluminum, subject to their readiness, said Abhay

New report warns clock is ticking for shipping’s zero-emission fuels target

A new report has revealed that while it is possible for scalable zero-emission fuels to make up 5% of international shipping fuels by 2030 – shipping’s breakthrough target – the window of opportunity will close soon, and rapid action is required from the industry. The report named “Climate Action in Shipping, Progress towards Shipping’s 2030