Some Oregonians are increasingly pushing for the state to divest from fossil fuel companies and other controversial investments, but the state treasury is resisting and putting the onus on the Legislature. In addition to fossil fuel companies whose products are a main driver of global warming, the state employee retirement fund is also invested in
India Ratings and Research (Ind-Ra) has published the September 2021 edition of its credit news digest on India’s oil and gas sector. The report highlights the trends in the sector, with a focus on domestic production, import, consumption, refining and gross under-recovery, regulatory changes and recent rating actions. Ind-Ra believes that natural gas (NG) prices
Fuel cells running on hydrogen gas could serve as a gasoline alternative in cars of the future. However, most hydrogen gas is derived from extracted natural gas, so an alternative method of producing the hydrogen, such as water splitting, is necessary to avoid using fossil fuels altogether, according to Lauren Greenlee, associate professor of chemical
Growth in petrol and diesel combined will likely decline to 1.5 per cent per annum this decade, compared with 4.9 per cent in the last, because of increasing blending of ethanol with petrol, and rising usage of vehicles powered by compressed natural gas (CNG) and electricity (EVs). The trend will also be persuaded by policy
With the Biden administration considering a possible cut in Renewable Fuel Standard volumes to bring down gasoline prices, some say he is breaking a campaign promise. Congress created the renewable fuel standard program to reduce greenhouse gas emissions and expand the nation’s renewable fuels sector and become less dependent on foreign oil. The idea of
COP26 president and Conservative MP Alok Sharma has said financial advisers have a huge role to play in helping developing countries transition from fossil fuels to renewable energy. Speaking to advisers at AJ Bell’s Investival 2021 in London today (18 November), Sharma (pictured) said advisers have a part to play in ensuring money set aside
Earlier this month, the world’s leaders got together to small talk about the weather and to big talk about the climate at the 26th edition of the UN’s climate change conference (COP26) in Glasgow. On the sidelines, activists (myself included) campaigned to persuade governments to replace platitudes with attitude, inaction with action. Nevertheless, the hot
The bulk carrier, Frontier Sky, which is owned by NYK and operated by Tata NYK Shipping Pte. Ltd, has conducted a trial use of biofuel to transport cargo provided by Tata Steel, the major steel manufacturer in India. This was the third successful trial use of biofuel by an NYK vessel, highlighted a release. Biofuels
Since implementing one of the first nitrogen oxide (NOx) abatement projects in the country in 2019, Babcock International has completed a further three boiler installations at a large industrial petrochemical plant, reaching emission levels of almost 40% lower than the legal requirements. Nitrogen oxides are harmful gases that form when fuel is burned at high
Following the Prime Minister’s claims that it’s time for governments to step back from Australians’ lives, fossil fuel companies across the country say they’d like the government to stay involved with theirs for quite a while longer if that’s ok. A spokesperson for the mining, oil, gas and coal industries quietly pointed out that they