MAN invests in hydrogen production

Over the next few years, MAN Energy Solutions will invest up to 500 million euro in its subsidiary H-TEC SYSTEMS to transform the hydrogen specialist into a mass-producer of PEM electrolyzers as quickly as possible. “Our plan is clear,” explained Uwe Lauber, CEO of MAN Energy Solutions. “We are transforming H-TEC SYSTEMS into one of

ADNOC, Proman to develop methanol facility

ADNOC, Abu Dhabi National Oil Company signed an agreement with Proman, world’s leading producers of methanol, to develop the UAE’s first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Ruwais. Under the terms of the agreement, Abu Dhabi Chemicals Derivatives Company RSC Ltd. (“TA’ZIZ”) and Proman will construct a natural gas to

India aims to achieve half of the energy capacity using non-fossil fuel

While speaking at a webinar on ‘Energy for Sustainable Growth’, P M Narendra Modi stressed India’s aim to achieve 50% of its installed energy capacity through non-fossil fuels by 2030 in a bid to promote sustainability and reduce the country’s dependence on imported oil. His remarks came at a time when international crude oil prices

Natural gas should be part of the energy future

Too often, policymakers want to talk about issues in terms of black and white. In energy and climate policy, that tends to lead to the “renewables vs. fossil fuels” line of thinking. We’ve seen policymakers try to legislate away the use of fossil fuels in the U.S. (Rep. Tulsi Gabbert’s 2017 “Off Fossil Fuels” legislation)

Maersk investing hugely on greener fuel

The Russian invasion of Ukraine is causing major disruptions for the industry, with many vessels stuck in ports and freight costs rocketing higher. In the wake of sanctions, shipping giant, Maersk has temporarily suspended its container shipping to and from Russia (except for food, medical and humanitarian supplies). These vessels criss-crossing multiple trade routes around

Indian refiners planning to ramp up ethanol storage

The state-run fuel retailers in India are considering increasing ethanol storage capacity by 51 per cent, as the country is targeting to double the biofuel’s blending with gasoline to 20 per cent by 2025 according to a director at Indian Oil Corp refinery. India is one of the largest importers of oil which relies on

Greens party in UK support international treaty to phasing out fossil fuel

The Green Party of England and Wales have voted to support the UK government signing an international treaty for the phasing out of fossil fuels. Party members passed a motion backing a Fossil Fuel Non-Proliferation Treaty (FFNPT) at their spring conference being held online this weekend. The motion was proposed by a number of high

Elon Musk calls US to increase fossil fuels production

Tesla CEO Elon Musk said the US must “immediately” increase its production of crude oil and natural gas amid the ongoing Ukraine crisis which has roiled energy markets. “Hate to say it, but we need to increase oil & gas output immediately,” Musk tweeted.“Extraordinary times demand extraordinary measures,” he tweeted. In the aftermath of Russia’s

Greenpeace activists protest at Russian LNG tanker on arrival

Greenpeace France activists have taken action at sea to highlight the historical responsibility of fossil fuels in triggering and financing international conflict and to call on Europe to divest from Russian oil and gas and push for investment in renewable energies. On board an inflatable, the activists displayed a banner reading “Fossil Fuels War” in

Egypt takes a move towards green path

World Bank’s data from 2015 and Fitch Solutions’ data from 2020 revealed Egypt’s renewable sources only accounted for 3.4 per cent of the country’s energy mix in 2019. A social media account called Egypt Facts and Numbers, a collaboration between United Nations Development Program and Egypt’s Ministry of Planning revealed in late December its share