Carbon-accounted tanker assessments under ETS by Platts

S&P Global Commodity Insights has announced that it will introduce daily Platts price assessments for freight emissions under the European Union’s Emissions Trading System (ETS). The new assessments will show the cost of carbon dioxide emissions from fuel combustion to transport crude or fuel oil on an aframax tanker via an initial four European shipping

bp opens its first electric truck charging facilities to support the decarbonisation

bp has opened its first ultra-fast-charging facilities aimed at medium and heavy-duty electric trucks to support the decarbonisation of the sector – where, according to the IEAi, tailpipe CO2 emissions have increased on average 2.2% annually since 2000. Operated by bp’s Aral brand, the retail site at Schwegenheim in Rheinland-Pfalz, Germany now has two state-of-the-art

ONGC signs agreement with Greenko for renewables energy

State-run ONGC said that it has signed a Memorandum of Understanding (MoU) with Greenko ZeroC (Greenko) to jointly pursue opportunities in renewables, green hydrogen, green ammonia and other derivatives of green hydrogen. The activities envisaged under this MoU will contribute towards India’s target of producing 5 million tonnes of green hydrogen per annum by 2030.

Tata Power plans to invest hugely with focus on renewable energy projects

Tata Power Company Ltd plans to spend $175.24 million (Rs 14,000 crore) on its consolidated capital expenditure (capex) 2022-23, of which $125.17 million (Rs 10,000 crore) would be on renewable projects, the company said in a statement. The company’s total power portfolio stands at 5,524 megawatts (MW), which includes an installed capacity of 3,634 MW

Triton EV to introduce hydrogen fuel two-wheelers

Triton Electric Vehicle, an American vehicle manufacturer, is all set to launch its first model in India. The company has announced that it will soon launch two wheelers and three wheelers powered by hydrogen fuel. The EV maker will manufacture these models in India. However, the company has not yet announced the official launch date.

Adani’s $70 bn investment helps the country to be a net exporter of clean energy

Adani group’s plan to invest $ 70 billion in clean energy will act as a facilitator for India’s green energy transition, said Gautam Adani at the Annual General Meeting (AGM) of Adani Enterprises. He said that his group was working towards making green hydrogen the “fuel for future”. The investment includes Adani Green Energy, the

Delhi, Gurugram to get skybuses to reduce pollution: Gadkari

Union road transport and highways minister Nitin Gadkari said that they are planning to launch skybuses on select stretches of Delhi and Haryana to reduce traffic and pollution. The minister said that climate agenda is the highest priority for the government as economic growth with pollution is not a good strategy. Skybuses will be introduced

GCMD pledges funding for green marine fuel supply chain

The Global Centre for Maritime Decarbonisation (GCMD) is leading a consortium of 18 industry partners to launch a drop-in biofuels pilot project with a combined contribution of $18M in cash. The consortium will establish an assurance framework for ensuring the supply chain integrity of current and future green marine fuels. GCMD-led pilot aims to establish

Avenir LNG awards reliquefaction plant contract to Houlde

Avenir LNG has awarded a reliquefaction plant contract to Houlder for its 20,000-cbm LNG bunkering and supply vessel, Avenir Achievement. Houlder bagged the detailed design and engineering for the retrofit of an Air Liquide boil-off Gas (BOG) reliquefaction plant. This work follows the successful completion of basic design and engineering by Houlder in the first

Tokuyama, Mitsubishi Gas Chemical agree to study CCU-based methanol production

Tokuyama Corporation and Mitsubishi Gas Chemical Company, Inc. have signed an MOU to conduct a feasibility study on methanol production technology. They agreed to study the manufacture and sale of methanol made from carbon dioxide emitted and hydrogen generated at Tokuyama’s Tokuyama Factory. This study will also consider the use of H2 produced using green