Averda, a waste management and recycling company, and WasteFuel, a developer of bio-refineries focused on converting municipal solid waste into low-carbon fuels, have announced their partnership during the COP27 Climate Conference targeting the development of the first commercial-scale municipal was
Chevron New Energies, Chevron’s unit focusing on low-carbon fuels, and Japanese energy giant JERA have agreed to collaborate on multiple lower-carbon opportunities in the US and Asia Pacific region. The parties will collaborate on opportunities including production, carbon capture, utilisation and s
The governments of Panama, Uruguay, and Norway have signed up to the Clean Energy Marine Hubs Initiative, a worldwide cross-sector initiative aimed at catalyzing the supply of green fuels, and supporting the global energy transition. The announcement was made on Monday in Egypt at the 27th United Na
Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next five years. The move was announced by the company’s Chairman and Group CEO, Sultan Ahmed Bin Sulayem while he was addressing delegates at the
Energy giant Shell has entered into a long-term agreement with Brazil’s Raízen to buy a total of 3.25 billion litres of sugar-crane cellulosic ethanol in a bid to meet growing demand for sustainable fuels. According to Shell, the low-carbon fuel is expected to be produced by five plans that Raízen p
3t Energy has been selected to develop a pioneering digital solution in partnership with OPITO to help workers in the offshore energy sector.
Canadian liquefied natural gas (LNG) exports to Asia could reduce annual emissions by the equivalent of removing every single car from Canadian roads, according to a new study from energy research and consultancy firm Wood Mackenzie. The study, commissioned by the Canadian Energy Centre, coincides w
Italian maritime transportation group Fratelli Cosulich has won a €29.5m loan from a consortium of lenders to finance 70% of the construction costs for a new LNG bunkering vessel currently being built by Chinese shipyard Nantong CIMC Sinopacific Offshore & Engineering Co. The lenders include Crédit
Swedish biogas producer Scandinavian Biogas has signed a multi-year agreement for the supply of liquid biogas (Bio-LNG) to the transport sector in the Nordic region. As disclosed, the deliveries of liquefied biogas under the agreement will begin shipping in 2023 and are intended from Scandinavian Bi
GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways to reduce the carbon intensity of Shell’s liquefied natural gas (LNG) supply projects around the world. The companies see the use of hydrogen as low-carbon fuel in gas turbines as one of the poss
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a contract to build one liquefied natural gas (LNG) carrier.
The CO₂ reduction achieved by the new Molten Carbonate Fuel Cells (MCFC) technology for carbon capture (CC) in shipping, matches the expected targets announced by its developer Ecospray, at the beginning of the project, Italian classification society RINA said. The Italian environmental consultant l
With increasing concerns about energy security, questions are arising about whether energy transition to clean and renewable sources can provide solid near-future solutions. According to the energy industry, it is not a matter of either-or, but rather and-and, since we currently need all the energy
Norwegian shipowning company Ocean Yield AS has agreed to purchase a 5,500 TEU newbuilding container vessel under construction at HJ Shipbuilding, Korea.
