Honeywell to create tech and aerospace firms from spin off
By 14 min ago 2 min read Honeywell is to launch Honeywell Technologies and Honeywell Aerospace which will become independent, publicly traded companies from 29 June when the US multinational…
Tessalia plans €250m advanced semiconductor packaging site in France
By 45 min ago 2 min read Tessalia Technology (Tessalia), a semiconductor packaging joint venture between Foxconn, Radiall, and Thales, has outlined plans for an advanced semiconductor packaging facility in…
French Navy Seizes Russia-Linked Tanker in the Atlantic
The French Navy has boarded and seized a Russia-linked oil tanker in the Atlantic. The vessel is under international sanctions, French President Emmanuel Macron said on Monday. On Sunday morning,…
India’s LNG Industry Pushes for Government Backing as Diesel Costs Surge
The LNG distribution industry in India is calling on the government to support an LNG infrastructure buildout as costs for trucking would be lower than the spiking diesel prices. …
Danish Shipyard Remains Key Lifeline for Russia’s Yamal LNG Fleet
A Danish shipyard has remained the single EU facility that services LNG carriers that transport gas from Novatek’s Yamal LNG terminal, the Financial Times has reported, citing a local NGO.…
Maritime frameworks ‘splitting LNG shipping in two’
By 16 min ago 3 min read The five maritime emissions frameworks now simultaneously in force or approaching formal adoption are splitting the LNG shipping industry in two, according to…
Why Is the Oil Price Rising Today?
Oil is rising because geopolitical risk is again adding a supply premium to the market, especially around Iran, the Strait of Hormuz, and shipping security. That’s what Naeem Aslam, CIO…
Environmental approvals conditionally greenlight Canadian LOHC project
By 35 min ago 2 min read North Atlantic Refining’s 30,000 tonne-per-year (tpa) wind-to-hydrogen project targeting liquid organic hydrogen carrier (LOHC) exports will proceed after completing an environmental assessment. The…
UK Environment Agency supports Drax carbon capture permit approval
By 36 min ago 3 min read The UK Environment Agency cannot find any reason to refuse a permit for carbon capture at Drax’ bioenergy plant near Selby – but…
Indian Refiners Freeze Domestic Jet Fuel Prices
Indian refiners have frozen the price of jet fuel for domestic flights after airlines asked for a respite from fuel price hikes, Bloomberg has reported, adding that in April, jet…
