Spain rejects Brussels’ plan to classify nuclear power and natural gas as green energy

Spain is rejecting the European Commission’s proposal to classify nuclear energy and natural gas-powered plants as green technology. In a statement released on Saturday, the Commission said it had begun consulting with EU member states on a text that will later be sent to the European Parliament and Council for scrutiny. The document is part

First green hydrogen plant starts operations in New Zealand

Production of New Zealand’s first green hydrogen plant has officially begun. The 1.5 MW green hydrogen plant, located in Taupo, was built by Halcyon Power and uses electricity generated from the nearby Mokai geothermal power plant. Halcyon Power is a 50/50 joint venture between Tuaropaki’s trust and Japan-based Obayashi Corporation. According to Halcyon Power project

The world has a new path to sustainable energy – green hydrogen

The time is right to tap into hydrogen’s potential to play a key role in tackling critical energy challenges. The recent successes of renewable energy technologies and electric vehicles have shown that policy and technology innovation have the power to build global clean energy industries. Hydrogen is emerging as one of the leading options for

NYK seals long-term LNG carrier charter with GAIL

Japan’s NYK has signed a multi-year time-charter contract with GAIL (India) for 2021-built 174,000 cm LNG carrier Grace Emilia. The vessel is equipped with a WinGD dual-fuel slow-speed diesel engine and can operate on marine gas oil or boil off gas stored in the cargo tank. “NYK had been in discussions with GAIL for time-charter

China’s CNOOC supplies first carbon neutral LNG to Hong Kong

China National Offshore Oil Corp will supply carbon neutral LNG for the first time to Hong Kong, the state-owned oil and gas major said on its social media account late Dec. 20. CNOOC said it received a 65,000 mt carbon neutral LNG cargo on board the vessel “Magnolia” at the Guangdong Dapeng LNG terminal in

Hapag-Lloyd to assess performance of LNG retrofit

German container liner Hapag-Lloyd will monitor the performances of a vessel it retrofitted to run on LNG, before deciding on any further conversions. The 15,000 twenty-foot equivalent unit Brussels Express was converted to run on LNG earlier this year in Shanghai’s Huarun Dadong shipyard. The containership was formerly known as the Sajir. Hapag-Lloyd told Argus

Methane regulations were one victory of the Glasgow climate talks. What comes next?

This year’s global climate talks in Glasgow, Scotland, came with the usual sense of anticlimax: lots of lofty rhetoric, too little action. But world leaders made at least one meaningful pledge. More than 100 nations, including the United States, committed to reducing methane emissions by 30% by the end of decade. This commitment is a

Can combining LNG with steam to produce hydrogen be future of marine fuel?

Current barriers to the uptake of hydrogen as a ship’s fuel include the difficulties and costs of its production, distribution and on board storage. However, by producing hydrogen on board using readily available LNG, the solution could become far more viable and in a much faster time than otherwise. A group that has been working

Ashok Leyland to focus on alternate fuels

Ashok Leyland has announced several initiatives to build a green mobility future and dedicated its testing facility at Hosur to exclusively focus on alternate fuels. In order to enhance its presence in the alternate fuel space, the commercial vehicle maker has planned a slew of products starting with CNG and LNG. Besides, it has also

Natural gas prices continue to increase

India Ratings and Research (Ind-Ra) has published the September 2021 edition of its credit news digest on India’s oil and gas sector. The report highlights the trends in the sector, with a focus on domestic production, import, consumption, refining and gross under-recovery, regulatory changes and recent rating actions.   Ind-Ra believes that natural gas (NG) prices