CMES, BHP, DNV to partner on emissions reduction

China Merchants Energy Shipping (CMES), BHP and DNV have signed a Memorandum of Understanding (MoU) to collaborate on industry value chain greenhouse gas (GHG) management. The agreement seeks to enable close cooperation between ship owner and charterer with the aim of achieving further energy efficiencies and GHG savings through improved voyage data collection, verification and

China caps refinery capacity under peak emissions plan

China will cap primary crude processing capacity at 20mn b/d by 2025, the government said in a new action plan to achieve peak emissions by 2030. The plan, published by the state council today, gives a more detailed sector-by-sector breakdown following the release of an economy-wide plan for peak emissions and carbon neutrality on 24