OMV and Airbus collaborate to drive aviation decarbonisation

OMV and Airbus have signed a memorandum of understanding to advance the decarbonisation of the aviation industry through sustainable aviation fuel (SAF).The partnership aims to support the reduction of CO2 emissions in the aviation sector, with SAF playing a pivotal role in achieving the goal of net carbon neutrality by 2050.OMV and Airbus will explore

Majority of global businesses set to miss 2050 net zero goals

According to the fourth edition of Accenture’s ‘Destination Net Zero’ report, just 21% of companies on the continent are currently on-track to reach net zero. While only 33% of European G2000 companies are reporting rising emissions, then, progress is simply too slow, at present. Further afield, however, the picture is even bleaker. Dragging the global average

ADNOC Gas along with Baker Hughes turns methane into graphene, hydrogen

ADNOC Gas plc, in partnership with Baker Hughes announced they have installed British climate technology firm Levidian’s patented LOOP technology at the Habshan Gas Processing Plant. This marks the first-ever deployment of the technology at an operational gas processing site. Carbon will be captured from methane, the main constituent of natural gas, and transformed into

India builds most powerful hydrogen engine in its class

With an unparalleled 1,200 horsepower, Indian Railways’ hydrogen engine is the most potent in its class. The creation of the most potent train engine powered by hydrogen fuel marks a major milestone for Indian Railways. Ashwini Vaishnaw, the minister of railways, recently made an announcement highlighting the utilization of domestic technology and its remarkable horsepower

Government reduces price of FCI rice for distilleries producing ethanol

The government has revised the provision for the sale of rice stocks exceeding buffer stocking norms under the Open Market Sale Scheme (Domestic) (OMSS(D)) Policy for the year 2024-25 and reduced the price for distilleries producing ethanol. The government has set the reserve price at Rs 2,250 per quintal (fixed) pan India for the sale

JSW plans tie-ups for EVs and batteries

JSW Group will soon be finalising multiple technology partnerships to drive its foray into electric car and commercial vehicle production, as well as battery manufacturing. The collaborations are part of a broader strategy by the conglomerate to grow its footprint in the evolving mobility segment. The group’s plans track a continuing shift in the Indian

Volvo Eicher to follow LMD’s lead in electric LCV market

Volvo Eicher Commercial Vehicle is raising the stakes in the electric small commercial vehicle space with the launch of Eicher’s 2-3.5 tonne Pro X Range. While Eicher’s entry into the electric LCV market may have been delayed, the management is confident that the company can replicate its success in the Light & Medium Duty (LMD)

BYD launches environmentally friendly car carrier

BYD launched the world’s largest vehicle RoRo vessel, which can accommodate up to 9,200 cars. The carrier, named after BYD’s hometown, undocked in Yangzhou port, about three hours northwest of Shanghai. The new vessel is 219 meters long, 37.7 meters wide, and has a draft of 9 meters. Its maximum speed is 18.5 knots (34.3

Norway first to operate F-35 on blended biofuel

Norway has become the first country to operate the Lockheed Martin F-35 fighter jet using a blend of sustainable aviation fuel. The milestone was undertaken at the RNoAF’s Ørland air base, home to the 132 Air Wing’s two F-35A squadrons. Although a second demonstration flight was cancelled due to adverse weather, the RNoAF had successfully

India will see a five-fold growth in green investments: Crisil

India will see a five-fold growth in green investments to Rs 31 trillion between 2025 and 2030, Crisil said during its India Infrastructure Conclave 2025. This is a crucial part of the estimated $10 trillion in investments needed through 2070 to achieve the country’s net-zero goals, as per the Updated First Nationally Determined Contribution (NDC) under