Yantai’s dual-fuel methanol WTIV design receives ABS approval

In a significant development for the renewable energy sector, ABS, a leading classification society, has awarded approval in principle (AIP) to Yantai CIMC Raffles Offshore Ltd., a renowned Chinese shipbuilding company, for their groundbreaking design of a dual-fuel methanol offshore wind turbine installation vessel (WTIV). The cutting-edge WTIV is meticulously engineered to facilitate the transportation

NGEL signs agreement with APIIC for green hydrogen hub

NTPC Ltd., India’s largest integrated power company has signed a Land Lease Agreement to realize the green energy and green hydrogen objectives of NTPC and the GoI’s efforts towards energy transition. The agreement was signed on 20th February 2024 between NTPC Green Energy Limited (NGEL) and Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for the development

Shell CEO plans to invest $15 bn in low-carbon solutions

The Shell CEO highlighted the multifaceted challenges facing the energy industry, stressing the necessity for cohesive efforts from governments, consumer demand, and corporate supply to drive scalable solutions in the low carbon space.Shell CEO Wael Sawan, on February 21, shared the company’s agenda to allocate a substantial sum, ranging between $10-15 billion, towards low-carbon solutions.

Airbus is raising the bar for SAF

In 2023, Airbus used more than 11 million litres of SAF in its operations – two times the volume of 2022.

Partnership to develop liquefied hydrogen transport value chain

South Korean shipbuilder HD Korea Shipbuilding and Offshore Engineering (KSOE) has entered into a memorandum of understanding with compatriot logistics company Hyundai Glovis, Australia’s Woodside Energy, and Japanese shipping company Mitsui OSK Lines (MOL) for cooperation in the development of a liquefied hydrogen (LH2) transportation value chain.Since 2022, KSOE has been working with Woodside and

Road map for achieving decarbonisation in fertiliser sector

The objective of achieving net-zero emission by 2070 requires action on all fronts viz. industry, agriculture, transport, and energy sectors. Many public and private enterprises have drawn action plans for decarbonisation of their respective activities with the ultimate objective of net emission. The Government of India has also been active on the policy front to

A collaboration between 2 climate companies to use low-carbon methanol

M2X Energy, a startup company with a proprietary process technology that converts stranded gas into low-carbon methanol, and Element 1 Corp, a global leader in advanced hydrogen generation systems for the fuel cell industry, announced today that they are conducting a joint research and development program to explore the use of M2X low-carbon methanol as

First hydrogen refueling station to be launched in Indonesia

Indonesia has established its first hydrogen refueling station for hydrogen-fuelled vehicles and was planned to be launched at the end of this month, Indonesia’s electricity firm said. The breakthrough was showcased at the country’s annual automotive show on Monday in Jakarta. President Director of the country’s state-owned electricity company PLN, Darmawan Prasodjo, said that the

Danaos adds two methanol-ready container ships

Danaos Corporation has contracted with Chinese shipbuilder Yangzijiang Shipbuilding to construct two 8,258 TEU container ships that are prepared for methanol fuel. The addition of these new vessels will bring Danaos’s total number of ships under construction at the Yangzijiang shipyard to four, with deliveries anticipated for the latter half of 2026 and theinitial quarter

Deepak Fertilisers to get LNG from Equinor

Equinor has signed a 15-year agreement to supply LNG to India’s Deepak Fertilisers, which will use the gas mainly as a feedstock for ammonia production at a new plant, the Norwegian energy major said. Equinor is growing its LNG portfolio and will use the super-chilled fuel from its operated Hammerfest LNG export plant in Norway