The United States last year imported about 700,000 barrels per day (bpd) of different types of fuel oil and other feedstocks that mostly went to U.S. Gulf Coast refineries to supplement heavy crude oil, according to market research data. Russia last year accounted for just under half of U.S. fuel oil imports, Mexico for 20%
Work is to begin this month on a $5bn project to produce green hydrogen at Saudi Arabia’s futuristic Neom mega-development. When complete in 2026, the plant will be the world’s biggest producer of hydrogen from renewable sources. The plant is being built by Pennsylvanian company Air Products, which agreed a deal for the scheme in
A Californian company has debuted technology that requires no major retrofit to make today’s bunker fuel guzzling generation of ships switch to hydrogen. RIX Industries is touting its methanol-to-hydrogen solution as a way to future proof existing vessels from incoming green legislation. With RIX technology, hydrogen is not stored but rather created as needed through
American fossil-fuel suppliers are moving to tie their bank credit lines to sustainability goals, including slashing their carbon footprint. DCP Midstream LP, which operates natural gas pipelines, unveiled Tuesday that interest and fees paid on its $1.4 billion revolving credit facility with banks such as Mizuho Financial Group and JPMorgan Chase & Co. are now
The technology group Wärtsilä has published an important paper on the role of sustainable fuels in the energy sector’s transition towards decarbonised power generation. Future carbon-neutral fuels and the use of flexible engine power plants capable of utilising such fuels, will be central to this transition. Along with the growing need to decarbonise engine power
As governments try to navigate a path to a safe climate in the 21st century, the public debate has focused on net zero, carbon taxes, electrification and renewable energy. Mining is rarely an anchor point of the discussion, even though renewable energy infrastructure and low-carbon technology require vast amounts of metals and minerals. Nickel, for
ABB Turbocharging has launched a comprehensive digital solution that is said to offer shipowners simplified management of propulsion efficiency and emissions reporting as well as up to 20% reduction in fuel consumption. Named Tekomar XPERT marine, the system functions across all engines regardless of make, type and age. It comprises three modules covering the engine,
Cement and steel are essential ingredients of buildings, cars, dams, bridges and skyscrapers. But these industries are among the dirtiest on the planet. Production of cement creates 2.3 billion tonnes of carbon dioxide per year, and making iron and steel releases some 2.6 billion tonnes — or 6.5% and 7.0% of global CO2 emissions, respectively.
AECOM has signed a strategic agreement with Genifuel Corporation to scale production of sustainable aviation fuel (SAF) and biogas from wild algae and biosolids. The partnership employs a patent-pending process developed by AECOM to harvest wild algae and a patented process developed by Genifuel and the US Department of Energy to convert algae and wastewater
Adani Power Limited (APL) has entered into a pact with Japanese companies – IHI Corporation and Kowa Company Ltd. (Kowa) – to collaborate on environmentally sustainable power generation. The companies will study the feasibility of ammonia co-fired units that would help decarbonise Adani Power’s coal-fired units. The company aims to achieve modification target of 20