Russia-Ukraine war will enhance low-emissions technology

A senior German official predicted Tuesday that the war in Ukraine and its impact on fossil fuel prices worldwide will provide a “massive boost” for the means and measures needed to curb climate change. Patrick Graichen, Germany’s deputy energy and climate minister, said rising global prices for oil, gas and coal will accelerate the uptake

Europe’s LNG imports won’t fully substitute Russian gas

Europe became the largest customer of US producers of liquefied natural gas recently, taking in more than 50 percent of total U.S. shipments over the last three months. But US LNG, as well as LNG from other sources, would only provide short-term relief. For starters, there are the long-term contracts that all LNG producers in

Amid Russian crude loss European refiners forced to amend output

European oil refiners will probably be forced to cut production of gasoline and diesel as they seek to find alternatives to Russian feedstocks. Shell Plc, which operates Europe’s biggest oil refinery, said this week that operating rates at some of its plants will be reduced, while finding other crude supplies could take weeks. That would

The simple technology that will bring an end to fossil fuels

The world is turning its back on fossil fuels to save the planet and, in recent times, to hurt Putin and his horrific plans. But, there is a massive problem. Renewable energy, like solar and wind are erratic, and the mega batteries we use to overcome this issue are costly and massively impact the environment.

Nitin Gadkari seeks reduction in fossil fuel consumption

Citing the spurt in crude prices due to the war in Ukraine as a wake-up call, Union Road Transport Minister Nitin Gadkari has urged chief executive officers of major vehicle manufacturers and representatives of automobile lobby group SIAM to expedite the roll-out of vehicles of flex-fuel variants. According to the ministry, Gadkari has maintained that

Eni suspends oil purchases from Russia

Italian energy major Eni has suspended all new purchases of oil and oil products from Russia, according to a statement. “Eni has suspended the stipulation of new contracts related to the procurement of oil and oil products from Russia,” said the emailed statement. “In any case, Eni will fully honor every decision to be taken

Maersk needs 730,000t of methanol per annum by 2025

A.P. Moller-Maersk A/S, one of the world’s largest oil consumers, has partnered with six energy companies to jump-start the green methanol market and help the shipping giant ditch fossil fuels. Maersk will be able to buy at least 730,000 tons of methanol per year by the end 2025, the Copenhagen-based company said on Thursday. That’s

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

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