Russia exports €63 bn worth of fossil fuels since war

Despite European Union announcements of several rounds of punitive measures against the Kremlin, a report claimed Moscow has exported a major chunk of its oil export to European countries. According to a report by the Centre for Research on Energy and Clean Air, Russia has exported €63 billion worth of fossil fuels after initiating a

Wärtsilä introduces Decarbonisation Services business model to support customers

The technology group Wärtsilä’s strategy for shaping the decarbonisation of the energy sector is strengthened with the introduction of the company’s Decarbonisation Services business model. The service utilises Wärtsilä’s sophisticated power system modelling and optimisation tools alongside in-house expertise to reduce power system emissions. It also ensures power availability with the lowest levelised cost of

OMCs sign tripartite agreement for dedicated ethanol plants

Oil marketing companies including Bharat Petroleum Corporation Limited, Indian Oil Corporation Ltd and Hindustan Petroleum Corporation Limited have entered into a long upcoming dedicated ethanol plants across India, the government said in a press release. As per the agreement, ethanol produced by these dedicated ethanol plants shall be sold to OMCs for blending with petrol

GACL and GAIL sign term sheet for Gujarat ethanol plant

Gujarat Alkalies and Chemicals Limited (GACL) and GAIL (India) Limited have signed a term sheet to jointly build a 500,000 liter per day ethanol plant in Gujarat, plans for which were first announced in 2021. The facility will use corn and broken rice as feedstock, producing 135,000 metric tons of animal feed and 16,500 tons

Getting to Zero Coalition proposed additional support system under EU ETS

The Getting to Zero Coalition has proposed the inclusion of an additional support system under the EU’s emissions trading scheme (EU ETS), that would see a portion of EU ETS revenues reinvested into alternative marine fuel projects, to narrow the price gap between conventional and alternative bunker fuel options. The alliance, which is spearheaded by

Inter Pipeline assessing blue ammonia & blue methanol projects

Inter Pipeline Ltd. is pleased to announce it is partnering with ITOCHU Corporation and PETRONAS Energy Canada Ltd. to evaluate the development of world-scale integrated blue ammonia and blue methanol production facilities. “This project would be among the first of its kind in North America,” said Inter Pipeline President and Chief Executive Officer, Brian Baker.

Queensland signs MoU with Port of Rotterdam

Queensland is powering ahead in the new global renewable energy era, taking another significant step towards exporting green hydrogen to Europe’s largest port. Minister for Energy, Renewables and Hydrogen Mick de Brenni said a Memorandum of Understanding has now been signed with the Port of Rotterdam in The Netherlands to collaborate on opportunities to develop

California reveals roadmap to cut fossil fuel use

New homes built in California starting in 2026 need to be powered by all-electric furnaces, stoves and other appliances if California is to meet its ambitious climate change goals over the next two decades, according to a state pollution-reduction plan. The roadmap by the California Air Resources Board sets the state on a path to

Hydrogen project in central Utah will be largest in world

What is touted to be the world’s largest industrial green hydrogen production and storage facility received a conditional commitment of more than $504 million in federal funding, a big development for the Advanced Clean Energy Storage project. And it will be near Delta in Millard County in central Utah, which is already home to Enel

Dastur Energy to partner with Coal India in setting up blue hydrogen plant

Dastur Energy, a division of consultancy major M N Dastur, has given a presentation to the ministry of coal for setting up a blue hydrogen plant with Coal India (CIL). Sources said that the plan is to set up a commercial scale demonstration plant in the east. According to the coal ministry, the presentation was

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