A biofuels plant set to be the largest in South America has been announced in Paraguay. The Omega Green plant aims to produce renewable diesel and renewable aviation fuel, as well as processing by-products, including propane, butane, naphtha and acid gases. It is expected to start operating in 2025 and will be located near the
The MSC World Europa completed sea trials in the Atlantic as she prepares to enter service in November 2022. The LNG-powered cruise ship is also set to become the largest LNG cruise ship, and one of the world’s largest cruise ships. Measuring 1,092 feet in length, the new cruise ship will be approximately 205,700 gross
Eni has been selected by QatarEnergy as a new international partner in the North Field East (NFE) expansion project. Eni signed the partnership agreement for the creation of the new Joint Venture company. Asper the agreement, QatarEnergy will hold a 75% interest while Eni the remaining 25% interest. The JV will hold 12,5% interest in
The Australian Sustainable Aviation Biofuel Partnership was signed by Qantas and Airbus in Doha. Airbus and Qantas have agreed to work on the sustainability initiative as part of the airline’s recently announced orders. The partnership will invest in locally developed and produced SAF and feedstock initiatives. Projects will have to be commercially viable and meet
Volvo Trucks has launched a hydrogen fuel cell truck, which will have a range of up to 1,000 kilometres and a refuelling time of less than 15 minutes. The Swedish truck manufacturer’s truck will join other zero-emission truck options already on offer, battery-electric trucks and trucks that run on renewable fuels such as biogas. Volvo
Shipping joint venture Proman Stena Bulk has taken delivery of the first of six 49,900 dwt methanol-powered dual-fuel medium-range tankers. The methanol-powered ship is the first of six IMOIIMeMAX dual-fuel MR tankers being built at Guangzhou Shipyard International Co Ltd (GSI) in China for Proman Stena Bulk and Proman. Stena Pro Patria will leave GSI
Cargill has completed its first biodiesel plant in Ghent, Belgium, the plant converts waste oils and residues into renewable fuel. The advanced biodiesel produced at the facility will be used by the maritime and trucking sectors, enabling customers to lower the carbon footprint associated with their maritime and road transport activities. The project is the
Mitsubishi Shipbuilding Co., Ltd has completed the conceptual design of a Very Large Gas Carrier (VLGC). The VLGC is powered by liquefied petroleum gas (LPG) but can be adaptable to future use of ammonia as the main fuel. Approval in Principle (AIP) for the design has been acquired from the Japanese classification society ClassNK. The
At certain gas stations across Sacramento, the capital city of the US state of California, E-85, a gasoline blend of 85 percent ethanol and 15 percent gasoline, is priced significantly lower than normal gasoline currently because the price of corn is trading below the price of petroleum. In the mid-2000s, Chevy and Ford created many
Woodside Energy and Fortescue Future Industries are counterparties in final stage negotiations to become lead developer of the prospective world’s largest green hydrogen plant in Southland. For the $5b proposed plant contact, Meridian Energy will select the lead developer after more detailed proposals, due by late-August. The proposed hydrogen plant could potentially provide an alternative