Europe’s oil majors’ ‘big bet’ on hydrogen as the transport fuel for the future is not so big in reality, according to a new study on behalf of Transport & Environment (T&E), which shows that investments in biofuels refining are eight times bigger. T&E accuses oil producers of not being serious about investing in genuinely
The Biden administration released the US National Blueprint for Transportation Decarbonization. Developed by the departments of Energy, Transportation, Housing and Urban Development, and the Environmental Protection Agency, the blueprint provides a strategy for cutting all greenhouse emissions from the transportation sector by 2050. In the area of maritime transportation, the report notes that, because of
Country’s largest public-sector refiner Indian Oil Corporation (IOC) plans to hive off hydrogen producing units and sulphur recovery facilities at its refineries to a separate entity and then sell stakes in it to the private sector to raise close to Rs 10,000 crore. The plan is in line with the government’s asset monetisation programme where
MITSUI O.S.K. Lines Ltd. (MOL) signed an agreement with Japan Petroleum Exploration Co. Ltd. (Japex) and Hokkaido Gas Co. Ltd. (Hokkaido Gas) for the supply of liquified natural gas (LNG) fuel to two of its newly built LNG-fueled ferries. The ferries are operated by the MOL Group company, MOL Ferry. Each is berthed at the
Ocyan, the Brazilian offshore drilling company, has engaged DNV as an independent third party in the qualification process of a system injecting hydrogen as an additive in the internal combustion engines of drilling rigs, in order to reduce diesel consumption and greenhouse gas (GHG) emissions from drilling. DNV’s technology qualification process will ensure that the
The Port of Corpus Christi has been encouraged by the US Department of Energy (DOE) Office of Clean Energy Demonstration to submit a full application for its Horizons Clean Hydrogen Hub (HCH2) through the Regional Clean Hydrogen Hubs Program. The port sees itself as the prime applicant for the HCH2, being the common denominator to
India increased the number of its crude oil suppliers from 27 countries in 2006-07 to 39 in 2021-22 and attributed the growth to the addition of new suppliers like Columbia, Russia, Libya, Gabon, and Equatorial Guinea while India strengthened its relationship with countries like US and Russia. Union minister for petroleum and natural gas Hardeep
Advent Technologies Holdings, Inc announced that it will collaborate with Alfa Laval to explore applications of Advent’s methanol-powered high-temperature proton exchange membrane (HT-PEM) fuel cells in the marine industry. Funded by the Danish Energy Technology Development and Demonstration Program, the project is a joint effort between Advent, Alfa Laval and a group of Danish shipowners.
Scandlines decided to replace the five propeller blades of the 4.6 meter diameter center propeller with smaller blades. It now has a diameter of 4.2 meters. Copenhagen-headquartered Scandlines has installed new blades on the center propellers of the two battery-hybrid ferries it operates on the Gedser-Rostock route between Denmark and Germany. This has optimized the
The South Korean government announced that hydrogen produced in Malaysia and the UAE would be imported in 2027 and later for the purpose of power generation and export after conversion into ammonia. The hydroelectric power generation-based hydrogen in Malaysia is scheduled to be supplied by Samsung Engineering and Lotte Chemical. In the UAE, Korea Electric