Clean hydrogen is opportunity for countries with abundant hydrocarbon resources

Hydrogen could play an important role in helping hard-to-abate sectors meet climate targets. Countries with hydrocarbon resources and industry expertise can help build and scale the needed technology. According to McKinsey research, total hydrogen demand can reach 600 to 660 million tons by 2050, abating more than 20 percent of global emissions. That said, realizing

Sempra Infrastructure and ConocoPhillips entered into LNG purchase agreement

Sempra Infrastructure and ConocoPhillips have executed a 20-year sale and purchase agreement for 5m tonnes per annum (Mtpa) of liquefied natural gas (LNG) from Phase 1 of Sempra Infrastructure’s proposed Port Arthur LNG project in Jefferson County, Texas. The two companies have signed two more agreements through which ConocoPhillips will acquire 30% of the equity

Seapeak books five LNG carrier newbuilds

Seapeak has booked five liquefied natural gas (LNG) carriers for construction at South Korea’s Samsung Heavy Industries (SHI). Stonepeak’s gas ship owner is paying around $1.1bn for the 174,000 cu m ships expected for delivery in 2027. The newbuilds are backed by ten-year charters with an unnamed international energy major, which can be extended at

Can IOCL Panipat plant cut farm fires, emissions?

Can a public sector giant incentivise farmers to opt for alternative methods of stubble disposal, help marginally reduce India’s oil import bill, and prevent CO2 emissions to the extent that it may be the same as removing 62,000 cars from roads? The order may seem tall, but this is exactly what a central public sector

Boeing aims to rum all aircraft from 2030 on SAF

As the global aviation industry seeks to achieve net zero carbon emissions by 2050, original equipment manufacturer Boeing is exploring what it will take to transition airlines’ current fleet to 100% sustainable aviation fuel (SAF). SAF is a biofuel with a lower carbon footprint than conventional jet fuel, and is approved, at present, for use

New crude oil may require new design

As US production of crude oil continues to climb towards its pre-pandemic production levels of 13 million barrels a day – a welcome development given high gas prices – the need for new investment to facilitate exports and imports is growing. While US consumption almost equals what we produce, we still export and import a

Equinor teams up with Breeze Ship Design for ammonia-fuelled CO2 carrier developmet

Equinor has teamed up with compatriot Breeze Ship Design to develop an ammonia dual-fuel CO2 carrier concept with direct offshore injection capabilities. Carbon capture and storage (CCS) is a key enabler in the energy transition to a low carbon value chain, where CO2 shipping is an important part of the technology development. The Stord-based ship

ITPS Canada enters into partnership with LivClean for 100% carbon neutral goal

International Test Pilots School (ITPS) Canada announced to achieve 100% carbon neutral.  To help achieve this the company has partnered with LivClean, a top-ranked carbon offset retailer. Through the partnership, ITPS’s carbon offset purchase will support the Great Bear Forest Carbon Project, located inside the traditional territories of the Haida Nation, British Columbia, Canada, and

Serentica Renewables is tapping decarbonisation drive in India

Serentica Renewables India Pvt Ltd., a clean-energy startup backed by KKR & Co., wants to tap Indian industry’s decarbonisation drive. The company based near New Delhi will use a $400 million investment from the private equity giant to build 1.5 gigawatts of wind and solar across four Indian states.The projects will be built over the

Study by Ricardo calls for ammonia bunker fuel regulatory framework

The study by consulting firm Ricardo, on behalf of the Environmental Defense Fund (EDF), with support from Lloyd’s Register, into the potential marine environmental impacts from bunkering operations, ship collisions and sinkings found estuaries, mangroves and wetlands are particularly sensitive to potential ammonia fuel spills compared to the polar regions and deep sea. Within these