Hydrogen projects continue to accelerate

The announced projects represent $320 billion investments through 2030. While renewable generation is projected to reach 80 per cent of the global energy mix by 2050, this will require annual investments in energy supply and production of circa $1.5 trillion by 2035.

Eni and Rina sign biofuels pact

The deal will focus on the use of hydrogenated vegetable oil (HVO) biofuel produced by Eni as well as low-carbon energy carriers such as blue or green hydrogen and ammonia.

OIL to drill oil and gas reserves at Kollam coast

Preparations are under way to drill one offshore well in the block. The drilling location has been identified as 26 nautical miles from the Kollam port.

MAHLE and Clean Air Power sign MoU for nezero ICEs

As part of these efforts, MAHLE Powertrain will continue to explore opportunities to use their flexible engine control unit in conjunction with Clean Air Power’s fuel delivery systems.

FPS launches hydrogen vessel from Rotterdam

Nike introduced the H2 Barge 1 at its European Logistics Campus in Laakdal, Belgium. As part of its journey toward a zero carbon and zero waste future,

H2X Global secures hydrogen trucks order from Renova AB

The order is expected to be fulfilled over several stages and on completion, Renova will have Sweden’s largest fleet of hydrogen-powered trucks.

Ocean Yield signs deal for nine ammonia newcastlemax

The final deal will see eight or nine ships delivered between the third quarter of 2024 and the fourth quarter of 2025 under a 15-year bareboat charter with CBM subsidiaries.

CMES orders LNG newbuilds

The Shanghai-listed energy transport unit of China Merchants Group has signed for a pair of 175,000 cu m liquefied natural gas (LNG) carriers in a $470m deal, or $235m per unit.

Clean energy investments increasing: IEA

The International Energy Agency (IEA) report found that investment in clean energy technologies is significantly outpacing spending on fossil fuels, and solar is set to eclipse oil production for the first time.

Mitsubishi delivers ammonia fuel system to J-Eng

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, on said it has completed delivery of an ammonia fuel supply system for large, low-speed two stroke marine engines, to Japan Engine Corporation (J-ENG), a manufacturer of marine engines based in Akashi City, Hyogo Prefecture. Mitsubishi Shipbuilding said J-ENG is currently conducting tests