Apical, through its renewable energy subsidiary Bio-Oils located in Huelva, Spain, has established a joint venture with Cepsa to produce second generation (2G) biofuels by constructing the largest plant in southern Europe. The alliance marks Apical’s entry to the sustainable aviation fuels (SAF) market and a key milestone in RGE’s strategy to produce a range
Engineers at EPFL have built and tested a solar reactor that can generate hydrogen gas from sunlight and water. The system is not only highly efficient at producing hydrogen, it also captures the “waste” products of oxygen and heat to put them to use too. Hydrogen is set to be a key player in renewable
India’s National Stock Exchange (NSE) is set to begin trading of rupee-denominated Nymex WTI crude oil and Henry Hub natural gas futures contracts in its commodity derivatives segment from 15 May. The exchange received approval last month from the Securities and Exchange Board of India to launch the contracts. For the WTI crude oil futures
ZeroAvia has partnered with Liquid Hydrogen (LH₂) transportation company Absolut Hydrogen in order to explore LH₂ production, storage, and refueling. The development of robust airport infrastructure will lead to the powering up to 80 seat aircraft by 2027. Absolut Hydrogen has experience in developing LH₂ systems for heavy duty mobility for aeronautical, maritime, and land
A.P. Moller – Maersk’s towage operator Svitzer has signed an agreement with engine manufacturer Caterpillar to utilize methanol fuel across its fleet as part of the company’s decarbonization strategy. Under a recently signed memorandum of understanding (MOU), Svitzer will work with caterpillar Marine to implement dual-fuel methanol engines aboard its new tugs as well as
The Port of Rotterdam Authority is developing a site on the Maasvlakte suitable for the construction of a very large green hydrogen plant as part of the tender for the IJmuiden Ver wind farm later this year. In late March, Dutch Minister for Climate and Energy Rob Jetten announced the draft ministerial regulations for IJmuiden
The tanker fleet engaged in the Russian trade post-sanctions is predominantly Greek-operated and composed mostly of older aframax and MR tankers, according to Vortexa, a data analytics firm. The size of the Greek-operated fleet post-European Union ban is nearly 2.5 times bigger than the next fleet, Russia’s. Nevertheless, the market share Greeks enjoy of this
The global orderbook currently stands equivalent to a “moderate” 10% of fleet capacity, though varies significantly by sector, according to the latest data from Clarksons Research. The orderbook to extant fleet stands at just 4% of the tanker fleet, 7% of the bulker fleet, a sizeable 29% of the containership fleet and an all-time high
Mubadala Capital’s Acelen has announced that it will invest $2.44bn (BRL12bn) over 10 years to make biofuels in Brazil. This work will begin in 2026. The company signed a memorandum of understanding with the government of Bahia in Abu Dhabi. The new biorefinery, which the company plans to begin building in 2024, will have the
TotalEnergies said that it has made its first delivery of a liquefied natural gas (LNG) cargo Dhamra LNG terminal, which is owned and operated by Adani Total Private Limited (ATPL). Notably, this year in February, the Fench Energy giant suspended a hydrogen project with the Adani conglomerate. At that time, TotalEnergies chief executive Patrick Pouyanne