Oceania Biofuels is latest company to halt biofuel project

Oceania Biofuels is halting a planned $339 million (€310 million) biofuels project in Gladstone for sustainable aviation fuel and renewable diesel. This news comes from a project status report from the Australian government’s Environment Protection and Biodiversity Conservation (EPBC). The project, launched in 2022, was hailed by the Queensland state government as a great boost

GCMD reports first B24 bunkering as part of Project LOTUS

Bunkering of B24 biofuel blend, comprising of 24% Fatty Acid Methyl Esters and 76% very low sulphur fuel oil, on NYK’s short-sea vehicle carrier follows the launch of Project LOTUS in May 2024. The Global Centre for Maritime Decarbonisation (GCMD) said Project LOTUS is a six-month long project to trial the continuous use of biofuels

India gets major push with first multi-purpose Green Hydrogen project

In a significant development, India’s first Multi-purpose (Combined Heat & Power) Green Hydrogen Pilot Project was recently inaugurated by Satluj Jal Vidyut Nigam (SJVN) at its 1,500 MW Nathpa Jhakri Hydro Power Station (NJHPS) in Jhakri, Himachal Pradesh. SJVN’s CMD Geeta Kapur said the project is “poised to accelerate development of green hydrogen production infrastructure

Christiania Shipping’s new fuel-saving project

Christiania Shipping today launches behaviour change service Signol in a fuel efficiency project which uses StormGeo data to understand and increase crew members’ fuel-saving behaviour. The six-month project will run across 18 chemical and gas tankers and aims to reduce fuel consumption and CO2 emissions by helping crew members to take fuel-saving action more often.

Nuvera Fuel Cells joins APOLO project

Nuvera Fuel Cells, a Massachusetts-based provider of fuel cell power solutions, has announced its participation in the European Union-funded APOLO project. This initiative is dedicated to leveraging fuel cells and other power conversion technologies to decarbonize maritime transportation. Nuvera will provide an EN-125 engine to operate on hydrogen derived from ammonia, which is emerging as

Sumitomo investing in Lousiana Green Fuels project

Sumitomo Corporation of America (SCOA), a subsidiary of Sumitomo Corporation, has entered into a Joint Development Agreement for the Louisiana Green Fuels (LGF) project with Strategic Biofuels (SBF), the developer behind LGF. SCOA will take an anchor position and lead the formation of a Japanese-based investment consortium aimed at funding the majority of development capital

Europe launches new e-fuels project to decarbonize shipping

The bulk carrier from TOPIC Fleet, which is used as a case study in the new EU project GAMMA, can carry 60,000 tonnes of dead weight cargo across the world’s oceans. Ocean freight transport requires large amounts of fuel, mainly made up of fossil fuels. The new €17 million European GAMMA project aims to make

LG Chem and Enilive to work together for biorefinery project

LG Chem and Enilive have taken a substantial stride towards the final investment decision for their groundbreaking biorefinery project in South Korea. The crucial joint venture agreement, sealing this commitment, was formally signed in Rome by Claudio Descalzi, the CEO of Eni, and Shin Hak-cheol, the CEO of LG Chem. This strategic collaboration had its

Celanese Corporation commences CCU project

Celanese Corporation, a global specialty materials and chemical company, announced it has begun running a carbon capture and utilization (CCU) project at its Clear Lake, Texas, site as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd. The project is expected to capture 180,000 metric tons of CO2 industrial emissions and produce

ACWA Power to develop $4 bn green hydrogen project

The project will have a capacity of 600,000 tonnes per year of green ammonia, with an investment of more than $4 billion. AWCA investor and operator of power generation, water desalination and green hydrogen plants worldwide, The agreement was signed between ACWA Power and The Sovereign Fund of Egypt (TSFE), the Suez Canal Economic Zone