In its new report “Solid Oxide Fuel Cells 2023-2033: Technology, Applications and Market Forecasts,” technology company IDTechEx provided an overview of the solid oxide fuel cell (SOFC) market and projected its value to reach $6.8 billion by 2033. More specifically, the report includes an assessment
Brittany Ferries has revealed the name of its forthcoming ship, which will be able to run on liquefied natural gas (LNG), on battery power, or on a combination of the two in hybrid mode.
Overseas Shipholding Group (OSG), a major American shipping company, has launched efforts to explore the potential of carbon capture and storage as part of its GHG emission reduction strategy. To that end, OSG has established a new subsidiary, Aptamus LLC in Delaware, which will focus on investing i
The last large module has been delivered to the LNG Canada project in Kitimat, a joint venture comprised of Shell, PETRONAS, PetroChina, Mitsubishi Corporation and Korea Gas Corporation. The delivery was announced by LNG Canada in a social media update on 4 May, explaining that the equipment will be
There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in
Despite oil demand in the transport sector being forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement, the recent Transport in Transition report from DNV shows. Today, transport of passengers and goods accounts for about a quarte
German e-fuels supplier INERATEC has signed a memorandum of understanding (MoU) with Zenith Energy Terminals to build a power-to-liquid (PtL) plant in the port of Amsterdam. As disclosed, the planned facility will produce up to 35,000 tonnes of e-fuels per year from locally generated and imported gr
Electrofuels provider Infinium has manufactured a ton of its proprietary, patented CO2 conversion catalyst at its facility in West Sacramento, California, US. According to Infinium, its catalyst is a critical component in the creation of electrofuels (eFuels), a new class of synthetic fuels that rep
UAE’s Abu Dhabi National Oil Company (ADNOC) has decided that its low-carbon LNG growth project will move forward in the Al Ruwais Industrial City, Al Dhafrah, Abu Dhabi. ADNOC announced the decision on 2 May as part of the design phase for the project that was initially planned to be located in Fuj
AW-Energy, a Finnish near-shore wave energy technology developer, has signed a memorandum of understanding with Kaoko Green Energy Solutions for the deployment of WaveRoller wave energy farms offshore Namibia.
Danish container shipping heavyweight Maersk has hailed the agreement reached on the new FuelEU Maritime regulation, a first-of-its-kind legislation designed to speed up the adoption of green fuels and promote decarbonisation in the shipping industry by the end of the decade. FuelEU Maritime takes a
Engineering and technology companies Technip Energies and John Cockerill have established Rely, a provider of integrated and competitive green hydrogen solutions. According to Technip, Rely will offer end-to-end solutions, from pre-final investment decision (pre-FID) services, including technical an
SAIC Anji, a wholly-owned subsidiary of China’s SAIC Motor specializing in automotive logistics business, has placed an order for four methanol-ready car carriers.
BP, TotalEnergies, Eni, ExxonMobil and Chevron have revealed strong operating and financial performance in the first quarter of 2023.
