The technology group Wärtsilä will supply the LNG Fuel Gas Supply System, Propulsion Control System and Alarm Monitoring and Control System for four new 8200 TEU LNG dual-fuel container ships being built for Singapore-based Pacific International Lines (PIL) at the Jiangsu New Yangzi Shipbuilding yard in China. The orders were included in Wärtsilä’s order book
CMA CGM has initiated a call for projects targeted at startups and businesses working on solutions to step up the pace of decarbonisation within all areas of the French shipping sector. The company is offering €200m ($218.2m) out of its $1.5bn energy transition fund to all companies operating in the maritime industry in mainland France
Vast Solar, and the Solar Methanol Consortium have been selected to receive $19.48 million (EUR13.2 million) from an Australian-German collaboration fund, HyGATE, to develop a world-first green methanol demonstration plant, SM1 in Port Augusta in South Australia. Methanol is the most versatile hydrogen derivative which, if produced using clean energy, has the potential to decarbonise
As Budget 2023-24 is ready to be presented before parliament by the FM Nirmala Sitharaman the oil & gas (O&G) sector in India has the following vital challenges. What O&G industry expects from this Budget
Maruti Suzuki India, one of the largest automakers in the country, is working on a project that will use cow dung to produce biogas for its carbon-neutral internal combustion engine vehicles like CNG, biogas, and ethanol automobiles. This initiative is part of Maruti Suzuki’s efforts to find sustainable mobility solutions and reduce carbon emissions from
Vertex Hydrogen has signed a heads of terms offtake agreement for over 200 megawatts of low carbon hydrogen with Northwich-based Tata Chemicals Europe. TCE is one of Europe’s producers of sodium carbonate, salt, sodium bicarbonate and other products used in the manufacture of food and animal feed, glass, detergents, chemicals and several other industry applications.
Gujarat aims to become the world centre for green hydrogen by creating an estimated 8 MTPA production capacity in another 10-12 years, state Industries Minister Balwantsinh Rajput has said. Addressing a plenary session on “Gujarat’s G20 Connect” as part of the Business 20 India Inception Meeting, Rajput said as a driving force, Gujarat will make
Pacific Carriers Limited (PCL) and PaxOcean Holdings Pte (PaxOcean) are collaborating with ABS to study methanol as an alternative fuel for the PCL fleet. The first step is a recently signed joint development project (JDP) to study methanol as an alternative fuel for the PCL fleet. Under the JDP, ABS will evaluate the means and
Mining company Anglo American announced that its newly launched liquefied natural gas (LNG) dual-fueled Capesize+ vessel, the Ubuntu Harmony, has loaded its first cargo of iron ore from its Kumba operations in South Africa. The 190,000-tonne bulk carrier, flagged in Singapore, is the first of 10 LNG dual-fueled newbuilds that Anglo American will introduce to
Indian refiners’ crude oil processing in December rose about 4% from a year earlier, provisional government data showed, in line with elevated demand in the world’s third-biggest oil importer and consumer. Crude oil production last month was at 586,700 barrels per day (2.48 million tonnes), down nearly 1.2% year on year, the data showed, on