Fuel aggregator from India plans major expansion in cities

The company will launch its intelligent congestion management and compliance monitoring systems to Tier 1 and Tier 2 cities, including Delhi NCR, Mumbai, Ahmedabad, Bangalore, Kolkata, Bhopal, Chennai, Pune, Lucknow, Patna and Jaipur.

IBM launches Cloud carbon calculator for organizations

Across industries, enterprises are embracing modernization by leveraging hybrid cloud and AI to digitally transform with resiliency, performance, security, and compliance at the forefront, all while remaining focused on delivering value and driving more sustainable business practices.

UAE to work with Cop28 participants to boost renewable energy

The Emirates, the Arab world's second-largest economy, is investing heavily in clean energy projects and has announced several initiatives as it seeks to achieve net-zero emissions by 2050.

Engie partners with Air France and CMA-CGM on renewable fuels

Haropa Port, France’s leading port complex, has allocated 24 hectares of land to Engie to develop the projects, the company wrote in a statement.

Alibaba cuts down carbon emissions in direct operations

The company is tapping smart energy management and increasing the use of clean energy as it strives to hit its goal of carbon neutrality by 2030.

New initiative to scale low-carbon fuel production adopted

The CEM-Hubs initiative is initially backed by Canada, Norway, Panama, Uruguay and the United Arab Emirates (UAE) in partnership with the International Chamber of Shipping (ICS), and the International Association of Ports & Harbors (IAPH).

New North Sea oil and gas fields will emit 28m tonnes of carbon dioxide

This amount – about 28m tonnes of carbon dioxide over the lifetimes of the fields – will be increased more than eightfold, if potential licences under consideration are also granted, according to data from public sources analysed by Greenpeace.

Crude oil imports in India slightly increased during June

The net import bill for oil and gas was $9.5 billion in June 2023 compared to $13 billion in June 2022, according to PPAC.

Biden Rejects Oil Refineries Seeking Biofuel-Blending Exemptions

The Environmental Protection Agency’s decision is a blow to 15 unidentified small refineries that had sought the waivers from requirements to blend renewable fuels into gasoline and diesel, arguing the mandates were too costly. However, the agency determined none of the 26 rejected applications demonstrated they experienced disproportionate economic hardship caused by their compliance with

India reimposes tax on domestic crude production

The government has reimposed a tax of 1,600 rupees/t ($2.66/bl) on domestic crude output from 15 July, after slashing it to zero on 16 May. The federal government revises the windfall tax rates every two weeks but had kept the levy at zero over the last two months. India has reimposed the windfall tax even