Germany would plunge into a deep recession if its supply of Russian natural gas was suddenly shut off, the country’s top forecasters warned. The country would lose 220 billion euros ($238 billion) in economic output over the next two years in the event of such a shock, according to a report by five German economic
Finnish dry cargo vessel operator ESL Shipping, a subsidiary of Aspo, is taking part in a project to produce hydrogen as a fuel at the port of Luleå in Sweden as the first customer-side stakeholder. Named Botnia Link H2, the project is a partnership between energy company Uniper, technology firm ABB, Swedish Port of Luleå
A Chinese source has published live photos and some technical details about the unusual version of the fourth generation Geely Emgrand. It’s all about its engine, more precisely, the power plant: the white sedan shown in the photo is equipped with a 1.8-liter engine running on methyl alcohol. At the same time, it does not
Renewable energy developer Total Eren has selected UK consulting and engineering firm Wood to provide conceptual engineering for a large-scale green hydrogen production facility in the Magallanes region, Southern Chile. Wood’s scope for the H2 Magallanes project covers the development of a complete off-grid integrated energy complex to produce ammonia from green hydrogen. The engineering
Intel targets to achieve net-zero greenhouse emissions in its global operations by 2040, putting together a multi-pronged initiative will span across the chipmaker supply chain – from sourcing of raw materials, manufacturing and distribution and use of its products. It’s priority is to cut down its own carbon emissions – known Scope 1 and 2
The technology group Wärtsilä has signed Optimised Maintenance Agreements (OMAs) covering two LNG carrier vessels technically managed and operated by the Japanese shipping group MMS Co., Ltd. The agreements, signed in February 2022, are designed to deliver maximised engine uptime and long-term cost predictability, optimising maintenance for highest efficiency and lowest carbon footprint. Central to
President Joe Biden to announce he’ll suspend a federal rule preventing the sale of higher ethanol blend gasoline this summer as his administration tries to tamp down prices at the pump that have spiked during Russia’s war with Ukraine. Most gasoline sold in the U.S. is blended with 10% ethanol. The Environmental Protection Agency will
A group of Indian scientists have designed a hybrid material which can absorb the Greenhouse Gas (GHG) methane and convert it to clean hydrogen. They have also simulated a process of capturing carbon dioxide and converting it to high-purity hydrogen. The scientists from the Indian Institute of Chemical Technology (IICT), Hyderabad, have also set up
Osaka Gas Co Ltd said it will provide technical support for a $10.75 billion green hydrogen project in the Australian outback and will consider potential investment in future. The Desert Bloom Hydrogen project, backed by Singapore-based Sanguine Impact Investment Group, will use a unique technology to suck water out of the air and solar power
The world’s biggest oil and gas companies, including Shell, Exxon and Gazprom, are projected to spend €857 billion on new oil and gas fields by 2030. This could grow to a staggering €1.4 trillion by 2040, says new research from Global Witness and Oil Change International. All 20 of the companies investigated by two NGOs