Hydrogen cars could cause a “nasty explosion” and are not a “great idea” for the future of motoring, according to an expert. Steve Endacott, Chairman at Electric Car Organisation, said that hydrogen vehicles could cause a “nasty explosion” if they are involved in a crash. Mr Endacott added: “It is unlikely we will be driving
Sovcomflot Group said it has taken delivery of its new generation LNG-fuelled 112,600 dwt Okeansky Prospect Aframax oil tanker. The vessel construction at the Zvezda shipbuilding complex in the Russian Far East was financed by VEB.RF. The Okeansky Prospect is the lead ship in a series of two Aframax tankers ordered by SCF from Zvezda.
Indian Railways (IR) to roll out hydrogen powered trains on heritage routes by dec 2023 on its narrow-gauge heritage routes, making them “completely green”. Railway Minister Ashwini Vaishnaw said the trains will be on the lines of those running in China and Germany. As a pilot project, the railways is manufacturing a prototype of hydrogen
Chevron has partnered with Singapore-based shipping giant Ocean Network Express (ONE) to complete inaugural biofuel bunkering on a 4,800 TEU containership. The operation was witnessed by Singapore Trade Data Exchange (SGTraDex), a digital infrastructure that facilitates the sharing of data between supply chain ecosystem partners. The transaction saw the transfer of 992.2MT VLSFO-B24, biofuel in
Zagros Petrochemical Company and China’s Dalian Petrochemical Company have signed a contract, based on which the latter will transfer knowhow to build a plant for the conversion of methanol to synthetic ethanol to the Iranian company, the managing director of Zagros Petrochemical Company said. With this initiative, Zagros Petrochemical Company is taking a major step
Governors of Oklahoma, Arkansas, and Louisiana have partnered together to develop regional hubs promoting hydrogen energy. The US Department of Energy asked the 3 states and others across the county to submit applications for funding. The Regional Clean Hydrogen Hubs program is part of the federal Infrastructure Investment and Jobs Act and will hand out
India has raised windfall tax on petroleum, crude oil and aviation turbine fuel, according to a government order. It raised windfall tax on crude oil to Rs 2,100 ($25.38) per tonne from Rs 1,700 ($20.55), effective Tuesday, the order said. The federal government also raised export tax on diesel to Rs 7.5 per litre from
Fossil fuels consumption for energy has been significantly increasing over the last fifty years across the world. In spite of the recent escalating gas and oil prices due to Russia-Ukraine conflict, the demand for these fuels is not dying down. However, keeping in mind the evil effects of the fossil fuels on the climate conditions,
External Affairs Minister S Jaishankar has said that Europe has imported six times the fossil fuel energy from Russia than India has done since February 2022 and if a $60,000-per-capita society feels it needs to look after itself, “they should not expect a $2,000-per-capita society to take a hit.” A New York Times report titled
Torrent Power Ltd is in talks to buy clean power projects totalling 1.1 gigawatts (GW) from ReNew Energy Global Plc at an enterprise value of around $1.2 billion. Ahmedabad-based Torrent Power has submitted a non-binding offer (NBO) for ReNew’s solar and wind power assets of 350 megawatts (MW) and 750MW, respectively, at an equity value