VPS completes BQS on Maersk’s first methanol-powered vessel

The operation was overseen by the Maritime Port Authority (MPA), ensuring all parties met the stringent safety requirements, following their MPA associated vetting

IndiGo cuts down carbon emissions by 20%

IndiGo which operates over 300 Airbus and ATR aircraft, said carbon dioxide emissions per available seat kilometre was 59.5 grams in FY 2023 compared to 74.6 grams in FY 2016.

UAE joins India’s Global Biofuel Alliance

The United Arab Emirates joined the India-led Global Biofuel Alliance, as the Gulf country prepares to host the COP28 United Nations climate summit in November. The announcement was made by Suhail bin Mohammed Al Mazrouei, the UAE minister of energy and infrastructure, in his Twitter account. The alliance is focused on fostering cooperation and intensifying

Tata Steel becomes first Indian company to use LNG carrier

Tata Steel has adopted various “industry first” initiatives in sustainability. Reiterating its commitment to a sustainable future, the steel major becomes the first Indian company to import cargo on a bulk carrier that uses LNG as fuel instead of traditional VLSFO (Very Low Sulphur Fuel Oil). This groundbreaking vessel sets a new benchmark for sustainable

Mexico-India unlocking opportunities in the crude oil sector

Mexico’s prominence as a crucial supplier of crude oil to India has steadily grown, making India the third largest market for Mexican crude oil. Despite fluctuations in value due to international prices, the export volume to India continues to rise, with immense potential for further growth. India purchased a substantial $3 billion worth of crude

OCI Global, X-Press Feeders sign green methanol agreement

OCI Global and X-Press Feeders have announced that OCI Hyfuels will supply XPress Feeders with green methanol in the Port of Rotterdam from 2024. The milestone agreement is the first green methanol deal with a feeder container carrier and represents a crucial step in the decarbonization of the shipping chain, as the feeder industry plays

SunGas invests $2bn to construct green methanol plant

SunGas Renewables has invested $2bn to construct a new green methanol production facility in central Louisiana which will fuel Maersk’s fleet of methanol-powered container vessels. In order to do this SunGas formed a new wholly-owned subsidiary, Beaver Lake Renewable Energy (BLRE), which will be in charge of the construction of the facility. BLRE is expected

Global biofuels market to reach $390.6 bn in 2030

In California, Coherent Market Insights reported that the global biofuels market is estimated to be valued at $213.68 million in 2022 and is expected to experience a CAGR of 9% during the 2023-2030 period. The report also highlighted that North America is expected to hold a dominant position over the forecast period due to high

UC researchers make clean biofuels from CO2

A group of researchers from the University of Cambridge (UC) have developed a solar-powered reactor that converts captured CO2 and plastic waste into sustainable fuels and other valuable chemical products. In tests, CO2 was converted into syngas, a key building block for sustainable liquid fuels, and plastic bottles were converted into glycolic acid, which is

FCI suspends production of ethanol from excess rice

The move comes as India seeks to ensure adequate rice availability and reduce food prices for domestic consumers.