Environment
DNV awards HD Hyundai Mipo an AiP for ammonia dual-fuel medium gas carrier with forward accommodation
The vessel concept relocates the crew accommodation block to the fore section, providing new flexibility and additional useable space on board - enabling the application of environmentally friendly technologies, such as carbon capture and storage units, alternative fuels, or other energy efficiency or emissions reduction solutions.
ABS approves blue ammonia FPSO concept from SBM Offshore
A new design from SBM Offshore of a floating production storage and offloading (FPSO) unit focused on the production of blue ammonia has earned approval in principle from ABS.
Canada may drop oil emissions cap as part of new climate plan
Current talks could lead to the emissions cap being scrapped as part of a broader new "climate competitiveness strategy," which the federal government aims to unveil later this autumn.
EU brings forward review of 2035 zero-emissions vehicles target
The European Union has set a target of 100% reduction of CO2 emissions for new cars and vans by 2035, which has been taken to mean the end of the internal combustion engine for new vehicles.
India's ACME forms JV with Japan's IHI Corp for green ammonia project
India's ACME Group, in a joint venture with Japan's IHI Corp, will develop one of the country's largest green ammonia projects in the eastern state of Odisha.
Consortium receives AiP for floating ammonia cracker unit
Mitsui O.S.K. Lines, Ltd., HD Korea Shipbuilding & Offshore Engineering Co., Ltd. and HD Hyundai Heavy Industries Co., Ltd. announced that the Approval in Principle (AiP) was granted from Lloyd's Register for a floating ammonia cracker unit (FACU), jointly developed by the group for onshore hydrogen supply.
Southeast Asia set to export surplus biofuels to Europe, Petronas executive says
Southeast Asia is positioned to export biofuels to other markets such as Europe as production capacity exceeds demand in the region, a senior executive with Malaysian state oil and gas company Petronas said.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
