IOC starts exporting gasoline

Indian Oil Corporation (IOC) has started the exports of aviation gasoline, which is used to operate unmanned aerial vehicles (UAVs) and small planes. The beginning of fuel exports marks the entry of India into an estimated $2.7 billion global market. The first consignment of 80 barrels of aviation gas was shipped from the Jawaharlal Nehru

Indian government progressing on policy of adopting import substitutes

Underlining the government initiatives facilitating the use of ethanol, methanol, bio-CNG and hybrid electric vehicles, Union Minister for Road Transport and Highways, Nitin Gadkari, said that the government is progressing on the policy of adopting import substitutes, cost-effective, pollution-free and indigenous fuels for the transport sector. Speaking at the FICCI conference – Future of Mobility:

Cyprus in EU top three for fossil fuel usage

Cyprus along with the Netherlands is joint third within the EU for the highest share of fossil fuels in gross available energy at 89 per cent, far beyond the EU’s average of 69 per cent. Cyprus is just behind Malta’s 96 per cent, is in stark contrast to Sweden’s 32 per cent and Finland’s 38

Four PIL container ships to benefit from Wärtsilä solutions

The technology group Wärtsilä will supply the LNG Fuel Gas Supply System, Propulsion Control System and Alarm Monitoring and Control System for four new 8200 TEU LNG dual-fuel container ships being built for Singapore-based Pacific International Lines (PIL) at the Jiangsu New Yangzi Shipbuilding yard in China. The orders were included in Wärtsilä’s order book

Vast Solar, Solar Methanol Consortium receive funding from HyGATE

Vast Solar, and the Solar Methanol Consortium have been selected to receive $19.48 million (EUR13.2 million) from an Australian-German collaboration fund, HyGATE, to develop a world-first green methanol demonstration plant, SM1 in Port Augusta in South Australia. Methanol is the most versatile hydrogen derivative which, if produced using clean energy, has the potential to decarbonise

Key challenges for Indian oil & gas sector in Budget

As Budget 2023-24 is ready to be presented before parliament by the FM Nirmala Sitharaman the oil & gas (O&G) sector in India has the following vital challenges. What O&G industry expects from this Budget Tags: E&P Concessions, GST, O&G Sector, Renwable

Maruti planning to develop biogas from cow dung  

Maruti Suzuki India, one of the largest automakers in the country, is working on a project that will use cow dung to produce biogas for its carbon-neutral internal combustion engine vehicles like CNG, biogas, and ethanol automobiles. This initiative is part of Maruti Suzuki’s efforts to find sustainable mobility solutions and reduce carbon emissions from

Tata Chemicals to collaborate with Vertex for low carbon hydrogen

Vertex Hydrogen has signed a heads of terms offtake agreement for over 200 megawatts of low carbon hydrogen with Northwich-based Tata Chemicals Europe. TCE is one of Europe’s producers of sodium carbonate, salt, sodium bicarbonate and other products used in the manufacture of food and animal feed, glass, detergents, chemicals and several other industry applications.

Gujarat aims to become centre for green hydrogen

Gujarat aims to become the world centre for green hydrogen by creating an estimated 8 MTPA production capacity in another 10-12 years, state Industries Minister Balwantsinh Rajput has said. Addressing a plenary session on “Gujarat’s G20 Connect” as part of the Business 20 India Inception Meeting, Rajput said as a driving force, Gujarat will make

PCL, Pax Ocean to collaborate with ABS

Pacific Carriers Limited (PCL) and PaxOcean Holdings Pte (PaxOcean) are collaborating with ABS to study methanol as an alternative fuel for the PCL fleet. The first step is a recently signed joint development project (JDP) to study methanol as an alternative fuel for the PCL fleet. Under the JDP, ABS will evaluate the means and