China’s clean marine fuel exports rose 21% in the first two months of 2022 from a year ago, following an increase in Beijing’s export quotas, customs data showed. Exports of low-sulphur fuel oil reached 3.64 million tonnes in January and February, up from 3.02 million tonnes in the corresponding period last year, data from the
Saudi Arabia regained the spot as China’s top crude supplier in the first two months of 2022, having been leapfrogged by Russia in December, while Russian shipments dropped 9% as a cut in import quotas led independent refiners to scale back purchases. Arrivals of Saudi crude totalled 14.61 million tonnes in January-February, equivalent to 1.81
Honda Motor Co. is considering the commercialization of its algae-growing technology, which can be used to absorb carbon and create biofuels, plastics and other products, the Nikkei newspaper has reported. The carmaker will test mass production of the organic material this fall and build a new facility of about 1,000 square meters (10,760 square feet),
Union Minister for Road Transport and Highways, Nitin Gadkari has given a clarion call to the sugar factories to make a shift to conversion of sugar into ethanol, in line with the realities of changing times and the needs of the nation. The Minister issued a warning to leaders of sugar and allied industries that
More than 1,000 US farmers and other biofuel supporters, in a letter delivered to the White House by the Renewable Fuels Association, asked the Biden administration to turn to biofuels with rising gasoline prices and White House efforts to secure additional crude oil supplies from other nations to replace Russian oil banned for export to
Volkswagen announced that it joined a group to reach its environmental and social standards in the mining sector. Initiative for Responsible Mining Assurance Being the world’s No.2 carmaker in the world it is essential that the raw materials used are sustainable for their upcoming models in the EV lineup. As a result, VW joins hands
The latest Amazon Fresh location is the world’s first grocery store pursuing Zero Carbon certification from the International Living Future Institute. In an important milestone in meeting its Climate Pledge commitments, Amazon is seeking net-zero carbon certification for its newest Amazon Fresh grocery store. More than a dozen upgrades and features have been incorporated throughout
There is little question that electric vehicles make environmental sense on the road where their near-zero emissions offer an arresting alternative to internal combustion engines. The real green picture of course depends on the energy and carbon footprint of the design, manufacturing and deconstruction of these vehicles. The International Energy Agency predicts there will be
Net zero is a priority for four fifths (80%) of startups, with 72% working to achieve carbon neutrality and 8% already carbon neutral or negative according to research from Innovate UK, the UK’s innovation agency. Innovate UK found that while startups are passionate about their climate impact, they are divided over whether it should be
MetaVerse Green Exchange has successfully certified its status as a carbon neutral business through tokenized cross-border carbon credits, the first company in the world to do so using blockchain technology. The landmark milestone is bolstered by certification from the British Standards Institution (“BSI”), the first time the body has accepted tokenized carbon credits. The move