The European Union, the G-7 and its allies will attempt to impose a cap on Russia’s fuel export prices from February 5, 2023. While similar measures are already in place on its crude shipments, it is the cap and ban on refined fuels — and in particular diesel — that has some oil-market watchers concerned
The government on said the overall ethanol production capacity in India is expected to go up by 25 per cent to 1,250 crore litres by the end of this year, as proactive steps have been taken for faster clearance of projects. A single-window clearance has been put in place wherein ethanol projects seeking interest subvention
India has set green hydrogen consumption targets for some industries, so as to generate demand for cleaner fuel in its quest to reach netzero by 2070. One of the world’s biggest emitters of greenhouse gases, India approved a plan of incentives worth more than $2 billion last week to develop a green hydrogen production capacity
Airbus is introducing renewable fuel on one of the vessels it uses for transportation by sea. A test campaign has been launched on the route Saint-Nazaire-Tunis-Naples at the end of December 2022, which will run for 18 months. Airbus is introducing alternative energy solutions across the different transportation methods it uses: air, road and maritime.
Union Minister of road transport and highways in India Nitin Gadkari said that Sri Lanka and Bangladesh have shown their keenness to import ethanol from India. The minister said that he discussed about ethanol with the Governments of both the countries — Sri Lanka and Bangladesh. The minister also said that in 15 days he
The French Ferry group, Corsica Ferries, revealed that they are investing in a wind-powered cargo ship company Neoline Amateur to cut down the fuel cost and be more energy efficient. The move attempts to reduce fuel usage by 80% by using 136 m cargo ships instead of ro-ro vessels. The first Neoliner ro-ro vessel will
John Cockerill has announced the formation of a joint venture with a Moroccan company with the aim of investing in the development of the nascent green hydrogen industry in Morocco. The two partners plan to build an electrolyser production plant there. This is another step forward in the use of natural resources in the North
Engineering and construction conglomerate Larsen & Toubro (L&T) said it has signed a pact with Norway-based H2Carrier (H2C) to develop floating green ammonia projects for industrial-scale applications. Under this Memorandum of Understanding (MoU), L&T will become a partner for engineering, procurement, construction, installation and commissioning of the topsides for H2C’s floating process plants.
Minister of Petroleum and Natural Gas Hardeep Singh Puri said that ethanol blending in petrol rose to 10.17 per cent in July 2022 from 1.53 per cent in 2013-14, Setting up 2G refineries to make ethanol from the paddy stubble in Panipat and bamboo in Numaligarh with the twin objective of reducing pollution along with
West Japan Railway, known as JR West, plans to introduce biofuel in all its diesel trains, which operate mainly on local lines, by around 2030, a move that will reduce carbon dioxide emissions on nonelectrified sections, which account for nearly 40% of the company’s lines excluding bullet train lines. The move comes as Japan’s railway