Kazakhstan has an abundance of minerals such as copper, which will be critical to supporting the electric revolution, such as battery electric vehicles. At the same time, it is also prepared to produce green hydrogen for export. This places the country in a central position in Europe’s overall efforts for decarbonization. The country has developed
JERA, a joint venture between utilities TEPCO and Chubu Electric Power Company, has signed memorandums of understanding today with the nation’s two largest shipping lines, Mitsui OSK Lines (MOL) and Nippon Yusen Kaisha (NYK), to cooperate in transporting ammonia for the Hekinan Thermal Power Plant, which is expected to begin commercial operation in the late
China signed a landmark $60 billion agreement for purchases of liquefied natural gas from Qatar, as the world’s second-largest economy looks to bolster its energy security for decades. Qatar Energy will send Sinopec 4 million tons of LNG a year starting in 2026, the state-controlled companies announced in a virtual ceremony. The deal will last
Oman Oil Marketing Company (OOMCO), and Oman Aluminium Rolling Company (OARC), have signed an agreement for the supply of green biofuel blends. the former is a leading marketer and distributor of multi-sector fuel and lubricant products, and the latter is a well-known producer of aluminium sheets in Sohar. This agreement makes OOMCO the first fuel
Egypt signed agreements and MoUs in the field of renewable energy and green hydrogen worth $119 billion, according to Maged Karam al-Din, a technical director of the Regional Center for Renewable Energy. In an interview, he noted that Egypt generates 6,000 megawatts of electricity from power plants powered by renewable energy. He pointed to progress
International shipping organisation BIMCO has released its keenly awaited Carbon Intensity Indicator (CII) operations clause, with charterers expected to take responsibility of a ship’s emissions. The CII, due to come into effect on January 1, is one of the International Maritime Organization’s most significant pieces of green legislation for years. How it plays out on
Broad agreement at COP27 would set up fund to pay poorer nations for loss and damage, but doesn’t secure commitments for faster emissions cuts in greenhouse-gas emissions. Poorer countries secured a deal at United Nations climate talks to create a fund for climate-related damage as part of a broader agreement that failed to yield faster
Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal announced India’s first National Centre of Excellence for Green Port & Shipping (NCoEGPS) a major initiative by the Ministry of Ports, Shipping towards providing greener solutions. The announcement was made by the Union Minister at the recently concluded “INMARCO 2022” in Mumbai. The
Of late, energy sector has been swiftly moving towards decarbonisation. In this scenario, renewable energy and future fuels offer greater energy security and sustainability. The green fuels and renewable energy sources will ensure a safer and cleaner future. What are future fuels? Future fuels as low and zero-carbon fuels are projected to displace fossil fuels.
Global climate talks have entered the final scheduled day of negotiations as chances of a deal still look unclear. The United Nations’ Climate Change Conference (COP27) in Egypt was expected to go past its deadline on Friday and into the weekend, with rich and developing nations deadlocked over creating a fund for countries devastated by