IOC, L&T, and ReNew form JV for green hydrogen

Indian Oil Corporation (IOC), Larsen & Toubro (L&T), and ReNew Power have formed a joint venture (JV) company to develop the nascent green hydrogen sector in India. Additionally, IndianOil and L&T have signed a binding term sheet to form a JV with equity participation to manufacture and sell electrolyzers used in the production of green

KPIT joins hands with OEMs for hydrogen generation

KPIT Technologies, a leading global automotive solutions provider, has tied up with a clutch of original equipment manufacturers (OEMs) in the auto sector to produce hydrogen from biomass such as wheat and rice straw. The hydrogen through biomass can be produced through microbial action on wheat and rice straw and also by burning wood. Unlike

Ethanol blending targets can pose challenges on farms in India

The Ethanol Blending Programme (EBP) in India started in 2003 with the target of 5% blending of ethanol in petrol in selected districts which was later expanded to more states in 2006. The government recently claimed that it has achieved 9.45% ethanol blending with petrol, a practice which contributes to lower emissions and other environmental

IPCC warns to avoid fossils as emissions peak high

Limiting warming to 1.5°C will be out of reach if the world does not bring down global emissions by 48% by 2030 in comparison to 2019, warned the Intergovernmental Panel on Climate Change (IPCC) in the third instalment of its Sixth Assessment Report released recently. The United Nations body said the world is currently off-track

Ramping up fossil fuel production will make earth unlivable

The Global Climate and Health Alliance has issued its position on the Mitigation of Climate Change report by the Intergovernmental Panel on Climate Change (IPCC). The communique proposes drastic action to provide humanity with a chance to limit overall global warming to within Paris Agreement targets. In a statement on Tuesday, the global coalition of

Clean energy transition must be fast and fair

Emissions will have to be cut swiftly and deeply across economies to limit global warming to internationally agreed temperature limits, they said in a new flagship science report by the Intergovernmental Panel on Climate Change (IPCC). But “if you do that at the expense of justice, of poverty eradication and the inclusion of people, then

Mangalore refinery purchases Russian crude

Mangalore Refinery and Petrochemicals Ltd (MRPL) has bought 1 million barrels of Russian Urals crude for may loading via tendering process. The purchase is said to be driven by huge discount on offer. Refiners from the country have been snapping up Russian Oil through spot tenders since the invasion of Ukraine by Russia on February

Maersk on the way to netzero carbon emission status by 2040

Denmark-based global container logistics giant Maersk will achieve net-zero carbon emission status by 2040 when its entire fleet will be green fuel enabled, said Christopher Cook, Managing Director, Maersk UAE. “As we scrap old vessels, the new ones that are coming in will be green fuel enabled. Our entire fleet will be green fuel enabled

Corvus Energy gets green signal from DNV for hydrogen fuel cell system

The Corvus Energy hydrogen fuel cell system developed through the H2NOR project has received approval in principle (AiP) from the classification society DNV. As explained, the solution enables simplified placement of the system inside a ship’s hull. This is the first fuel cell system (FCS) designed to be inherently gas safe meaning that the surrounding

Fossil Fuel industries getting huge subsidy benefits in Australia

New research has revealed the fossil fuel industry benefits from more than $22,000 in subsidies per minute in Australia. The study, released by the Australian Institute of Research on Monday, showed subsidies cost Australians a staggering $11.6bn every year. This is a 12 per cent increase on last year’s figure and 56 times the budget