Billionaire Mukesh Ambani’s Reliance Industries Ltd is targeting to become one of the largest producers of blue hydrogen globally, producing the zero-emission fuel at costs that will be half of the global average. The operator of the world’s largest oil refining complex will re-purpose a Rs 30,000 crore plant that currently converts petroleum coke into
Hydrogen can store and deliver usable energy, but it doesn’t typically exist by itself in nature and must be produced from compounds that contain it. And on Similar lines, Scientists at the International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI) have developed an energy-efficient method for hydrogen production with less carbon footprint.
Roads and Highways Minister Nitin Gadkari said on Thursday, February 10, that green hydrogen was the fuel of the future and he intends to export it to the whole world. A Toyota car fueled by green hydrogen from the Faridabad lab of Indian Oil will be tested in the city located in Haryana on March
The first LNG-fueledNewcastlemax bulk carrier in an order of 13 ABS-Classed vessels for Eastern Pacific Shipping (EPS) has taken on its first load of LNG bunker fuel at Singapore. The 209,936 DWT dual-fuel vessel, Mount Tourmaline, was built by Shanghai Waigaoqiao Shipbuilding Co., Ltd., China and delivered to EPS on January 28, 2022. “ABS is
Suppliers at the port of Colombo have retracted offers for delivered 380 CST high sulfur fuel oil due to shortages of the bunker grade as local refineries direct the available product for power generation in a bid to stem Sri Lanka’s acute energy crisis, industry sources told S&P Global Platts. The country also is grappling
The often-misguided optimism associated with the private sector’s commitment to addressing climate change is easy to debunk. The latest evidence comes up in the Corporate Climate Responsibility Monitor 2022 published February 8, 2022, by Germany-based think tank New Climate Institute (NCI). Twenty-five of the world’s largest corporates, including Apple Inc, Accenture Plc, Google LLC, Amazon.com,
Ammonia is one of the most promising future fuels in the maritime world, but introducing it to the fuel mix is far from straightforward. What are some of the biggest challenges that need to be overcome? And what are DNV and other companies doing to tackle them? It smells pungent and if a mere 0.5
India’s fuel consumption fell in January after scaling a nine-month peak in December, government data showed, as COVID-19 curbs in several states hit mobility and industrial activity. Fuel consumption in the world’s third biggest oil consumer, a proxy for oil demand, totalled 17.61 million tonnes, down 3.7% from December and 0.2% from a year before,
UK-based online pricing platform VesselsValue has joined the likes of RightShip, Clarksons, Scope Group, and Metis Cyberspace Technology, to name a few, in launching its own dedicated tool that allows users to access, customise, and compare vessels’ energy efficiency ratings. This latest feature is said to combine VesselsValue’s shipping data with the IMO’s framework to
Deloitte Touche Tohmatsu India expects the nation’s biggest fuel retailers to sharply raise pump prices after local elections end next month, adding pressure on the government and the central bank to take steps to contain inflation. “Because of the state elections, they haven’t increased the retail prices,” Debasish Mishra, partner at Deloitte, said in an