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Blue Biofuels has signed a Memorandum of Understanding with World Energy Sustainable Products, for World Energy to purchase the finished products produced by Blue Biofuels and all their applicable environmental and tax attributes, including ethanol and sustainable aviation fuel. Blue Biofuels will register the various finished products with the relevant regulatory agencies such that the
The firm said the plants would be located in the port cities of Kokkola and Kristinestad (Kristiinankaupunki in Finnish) on Finland's west coast as well as in Porvoo in the southeast.
Oil and Natural Gas Corp. (ONGC) will spend ₹1 trillion on green initiatives by 2030 to reduce its carbon footprint as part of a broader effort to achieve net-zero emissions by 2038. ONGC’s chairman and managing director Arun Kumar Singh, told that the oil explorer has set an ambitious net-zero target and aims to cut
The oil marketing firm will utilise a third-party venture to set up the electrolyser-making facility, whereby the alkaline electrolyzers thus produced will likely cost 20 to 30 percent less than the current rate of about $800 per kW. BARC's technology enables the production of cost-effective electrolysers, with the potential for reducing the cost led by technological and economic innovations.
The off-shore projects commissioned from January 1, 2033, would be given graded ISTS charges. Earlier, all wind energy projects were provided waivers up to June 30, 2025.
The new vessel series will have two-stroke WinGD methanol engines and four-stroke Wärtsilä methanol auxiliary engines.
The orderbook for methanol fuelled ships has grown rapidly with owners and operators specifying the fuel for use on ships from the largest container ships to small pilot boats.
Eesti Gas, which is branded internationally as Elenger, said in a statement issued on May 25 that it has “committed to bring 14 LNG cargoes from different suppliers to its customers by the fall and plans to add some more in the fourth quarter.”
The Oslo-listed company will carry out extensive engineering studies to identify the optimum technology solution and a suitable offshore site, as well as outline a business case.
The company said the shipment, requested by one of its customers, illustrated the ease to switch to the drop-in biofuel bunkers, resulting in a 68% reduction of greenhouse gas emissions on the voyage.
