Latest press releases
With CCS-Ready scrubbers now being sold at pace, Wärtsilä’s studies across a range of vessel types come as next step in rapidly accelerating trajectory for CCS in shipping.
/INS Marubeni Corporation (hereinafter, “Marubeni”), together with PERU LNG S.R.L. (hereinafter, “PERU LNG”), a liquefied natural gas company in which Marubeni participates, and Osaka Gas Co. (hereinafter, “Osaka Gas”) have signed a joint study agreement to commence a Preliminary-Front End Engineering and Design study (hereinafter, “Pre-FEED”) for a project to produce e-methane*1 from green hydrogen*2 and carbon dioxide (CO2) in Peru (hereinafter, the “Methanation Project”).
/INS SAN FRANCISCO (AP) — Computer chip maker Nvidia has rocketed into the constellation of Big Tech's brightest stars while riding the artificial intelligence craze that's fueling red-hot demand for its technology.
/INS The U.S. Army awarded prime contractor MAG Aerospace and teaming partner L3Harris Technologies a contract to deliver two enhanced intelligence, surveillance and reconnaissance (ISR) aircraft to support the Army's Theater-Level, High-Altitude Expeditionary Next Airborne ISR-Radar program – known as ATHENA-R.
/INS. The pilot plant started operating at voestalpine’s steel mill in Linz, Austria, in the second quarter of this year.
/INS. Case IH’s latest Austoft 9000 sugarcane harvester series has been launched in the Middle East and Africa region at an event held in Mauritius, with an enthusiastic response from regional sugar industry experts seeking technological developments that will help reduce operating costs and enhance harvesting efficiency.
/INS So far, the year 2023 has been very volatile for stocks of crude tanker shipping companies. Drewry Crude Tanker Index rallied at the beginning of the year, followed by a declining trend between the latter half of March and June. However, the index is on an uptrend from July on the back of better-than-expected economic data from the US and a robust demand outlook for crude oil. Overall, the index jumped 26.6% YTD and outperformed the broader S&P 500, which gained 13.8% YTD.
/INS. ABB and Northvolt are further strengthening their long-standing collaboration in the field of green batteries, an increasingly critical part in the ongoing energy transition.
/INS. JD Steel Industries is set to undertake a substantial expansion of its hot billets/MS billets/ingots unit at Industrial Growth Centre Borai in Rasmada, Durg district of Chhattisgarh, ramping up its capacity from 29,200 tpa to 1,98,000 tpa.
/INS. Maharatna oil PSU, Oil and Natural Gas Corporation (ONGC), is committed to a profound transformation into a low-carbon energy player, investing Rs one lakh crore by the end of this decade. The investment will be channelled into diverse low-carbon energy opportunities, including renewables and green hydrogen. ONGC is actively aligning itself with India’s carbon reduction goals.