Tokuyama Corporation and Mitsubishi Gas Chemical Company, Inc. have signed an MOU to conduct a feasibility study on methanol production technology. They agreed to study the manufacture and sale of methanol made from carbon dioxide emitted and hydrogen generated at Tokuyama’s Tokuyama Factory. This study will also consider the use of H2 produced using green
According to the Indian sugar mills association (ISMA), India’s sugar output is forecast to decline in 2022-2023 as a higher volume of sugarcane is diverted to ethanol production even as cane production rises with increased planting acreage. Increased diversion of domestically-produced sugarcane and ethanol towards on-road gasoline blending, as India pursues a 20% average blend
According to the US Energy Information Administration (EIA), US LNG exports rose by 12% in the first half of 2022 compared with the second half of 2021, and averaged 11.2 billion cubic feet per day (Bcf/d) between January and June 2022 based on the data from CEDIGAZ. High demand in Europe, high natural gas prices,
China’s Sinopec Corp has cut its purchases of Russia’s ESPO crude oil in July as other buyers, including from India, were willing to pay higher prices. Sinopec bid at discounts of about $20 a barrel below the price of Middle East benchmark Dubai on a free-on-board basis for July shipments, similar to what it paying
Kanfer Shipping, Leth Suez Transit and Egyptian Natural Gas Holding Company are looking to work together with commodity traders to establish a liquefied natural gas (LNG) bunkering hub in the Suez Canal by 2025. Egas has initiated the establishment of a joint venture that will charter the bunkering vessel, take care of the administration, including
ReNew Power Ltd is looking to foray into Africa by developing green hydrogen projects in Egypt, Morocco, and Oman. ReNew has announced several initiatives to expand its renewable energy business, including green hydrogen and energy storage. In April, it entered a joint venture agreement with state-run Indian Oil Corp. Ltd and engineering and construction major
After the COP-26 climate summit held at Glasgow in UK, climate change has become an important subject for several industries to rethink of the emission standards implemented their operations or processes. The power, utilities and renewables (PU&R) sector is one among which has a substantial role to play in the transition to clean energy. Decarbonisation
EPRO Advance Technology (EAT), a renewable energy company, has developed a revolutionary porous silicon material, known as Si+, which has the ability to generate ultra-pure hydrogen from a water source. It also acts as a solid-state hydrogen generating material – one that is compact, robust, and easily transportable – solving many of the issues that
Airbus has joined the world’s largest clean hydrogen infrastructure investment fund, managed by Hy24 – a joint venture between Ardian, and FiveTHydrogen. The JV’s investment fund will provide financial capital to large-scale green hydrogen infrastructure projects globally. Airbus will scale up global hydrogen economy, and enter into zero-emission commercial aircraft by 2035. Joining this fund
The UK government has officially opened the world’s first national low carbon subsidy scheme for hydrogen. The scheme is aimed at achieving a target of 1GW of clean hydrogen production by 2025 on the way to 10GW of low carbon hydrogen capacity by 2030. The UK government in 2020 announced a plan to develop 5GW