The startup-university partnership is creating a technology to convert stranded gas methane, which is a common byproduct of oil production, to methanol, that can be used in low-carbon fuels and other materials. Gas flaring is the process of burning and disposing stranded natural gas, a byproduct of oil production, at oil wells. Photo credit: Anthony
Arroyo Investors has closed an investment in Seaside LNG, which has a 50% stake in the JAX LNG production facility in Jacksonville, Florida and owns an LNG bunkering barge through Polaris New Energy. The Houston-based investment manager, which focuses on power and energy infrastructure assets throughout the Americas, did not reveal the size of its
The foundation stone of P2X Solutions green hydrogen production plant was laid in Harjavalta. The foundation stone of the renewable green hydrogen and synthetic methane production plant built by P2X Solutions was laid in Harjavalta. Minister of Economic Affairs Mika Lintilä and Chairman of P2X Solutions’ Board Esa Härmälä attended the ceremony among other guests.
Fortescue, one of the five largest iron producers in the world, expects renewables to play a very big part of our overall earnings in the future. Speaking at the World Economic Forum in Switzerland, former Fortescue chief executive officer Elizabeth Gaines said the company would continue building its iron ore business, but the scale of
The world’s first urban train powered by hydrogen has been produced via a joint venture between the CRRC Changchun Railway Company and Chengdu Rail Transit. While other hydrogen-powered trains exist, this is the first specifically developed for an urban environment. The train rolled off the assembly line in Chengdu, Sichuan Province, in southwest China on
India’s carbon trading framework is getting ready for its rollout, with the Bureau of Energy Efficiency (BEE) picked to administer the market. The framework may be released this year and the market for voluntary carbon trading too will open during the year. BEE will assist the ministries of power and environment, which will separately come
Giving a major impetus to the transition from the use of fossil fuels towards clean energy resources, the Indian Oil Corporation has written to the Kerala State government seeking its permission to pilot hydrogen fuel cell-powered buses in the State. The Indian Oil Corporation’s (IOC) research and development (R&D) centre has successfully developed and test-run
Liquid Wind has partnered up with compatriot energy firm Umeå Energi to build Sweden’s third e-methanol plant for shipping fuel. Following a feasibility study, the partners have decided to establish a facility at the Dåva cogeneration plant in Umeå capable of producing 100,000 tons of green e-methanol per year and capturing 230,000 tons of carbon
Leading companies from across Europe’s fuel production chain have joined with NGOs to press the European Union’s legislators to provide the clarity and certainty they need to make long term investments in the renewable fuels required for the clean energy transition. In a letter to the EU Council, Parliament and Commission, 47 entities, representing the
Cepsa has added a diesel-electric hybrid barge to its fleet of marine fuel supply vessels. The vessel, which is already operating in the Bay of Algeciras, is the first of its kind to supply fuels to ships in Europe. It was built at Astilleros de Murueta in Erandio (Vizcaya, Spain) and is owned by Spanish