France was the top destination for US LNG cargoes in March as Europe began refilling storage after inventories bottomed out and as Russia’s war in Ukraine raised fears of pipeline gas disruptions. Spain was a close second, followed by the UK, an April 4 analysis of trade flow data by S&P Global Commodity Insights showed.
Veolia launches the world’s largest biorefinery project producing CO2-neutral bio-methanol from a pulp mill, located in Finland. The project allows to unlock the potential of this alternative source of feedstock for biofuel that is almost completely unexplored to date. Developed in close cooperation with Metsä Fibre, the largest cooperative forestry association in Europe, the refinery
Indian Oil Corporation (IOC), Larsen & Toubro (L&T), and ReNew Power have formed a joint venture (JV) company to develop the nascent green hydrogen sector in India. Additionally, IndianOil and L&T have signed a binding term sheet to form a JV with equity participation to manufacture and sell electrolyzers used in the production of green
KPIT Technologies, a leading global automotive solutions provider, has tied up with a clutch of original equipment manufacturers (OEMs) in the auto sector to produce hydrogen from biomass such as wheat and rice straw. The hydrogen through biomass can be produced through microbial action on wheat and rice straw and also by burning wood. Unlike
The Ethanol Blending Programme (EBP) in India started in 2003 with the target of 5% blending of ethanol in petrol in selected districts which was later expanded to more states in 2006. The government recently claimed that it has achieved 9.45% ethanol blending with petrol, a practice which contributes to lower emissions and other environmental
Limiting warming to 1.5°C will be out of reach if the world does not bring down global emissions by 48% by 2030 in comparison to 2019, warned the Intergovernmental Panel on Climate Change (IPCC) in the third instalment of its Sixth Assessment Report released recently. The United Nations body said the world is currently off-track
The Global Climate and Health Alliance has issued its position on the Mitigation of Climate Change report by the Intergovernmental Panel on Climate Change (IPCC). The communique proposes drastic action to provide humanity with a chance to limit overall global warming to within Paris Agreement targets. In a statement on Tuesday, the global coalition of
Emissions will have to be cut swiftly and deeply across economies to limit global warming to internationally agreed temperature limits, they said in a new flagship science report by the Intergovernmental Panel on Climate Change (IPCC). But “if you do that at the expense of justice, of poverty eradication and the inclusion of people, then
Asian refiners cheered US President Joe Biden’s decision to release 1 million b/d of oil from the US’ strategic petroleum reserves as the release may lead to more light sweet US crude exports to the Far East, while spot crude price differentials across the globe could fall should US refineries cut back on feedstock imports.
A powerful consortium of shipping stakeholders is aiming to develop demonstrators for two-stroke and four-stroke marine engines running on ammonia fuel. The Ammonia 2-4 project aims to advance viable concepts for ammonia fuel. The project is coordinated by technology group Wärtsilä, with participation from naval architects C-Job, classification society DNV, ship owner MSC and the