MHI launches CO2 capture test at Japanese paper mill
Mitsubishi Heavy Industries (MHI) and Japanese paper manufacturer Hokuetsu Corporation have launched a test for carbon dioxide (CO2) capture at the Niigata Mill, marking the first application of MHI’s CO2MPACT™…
Pemex Freezes New Contractor Deals as It Works Out $20B Owed to Suppliers
Mexican state oil company Petroleos Mexicanos is putting a freeze on new contracts with service providers as the company works to pay off the roughly $20 billion it owes suppliers.…
EIB grant to spur Nortegas’ biomethane plant roll out in Spain
The European Investment Bank (EIB) has granted Nortegas Group funding of up to €80m to enable group subsidiary Nortegas Renovables to finance the construction of biomethane plants in Spain. The…
Atlas Copco acquires JetCan in Malaysia
Atlas Copco has acquired the compressor business of Malaysia-based JetCan Engineering Sdn Bhd (JetCan). JetCan sells and services compressed air equipment and related accessories. The business serves customers in the…
Combine energy sources and locations to yield green hydrogen savings
Combining diverse renewable energy sources and locations may hold the key to unlocking green hydrogen’s potential, according to new research. In a co-authored , EWI researcher Jun.-Prof. Dr. Oliver Runhau…
Ukraine thermal power plant rebuild bill to top €250m in 2024
The bill to rebuild Ukraine’s thermal power plants (TPPs) will be an estimated €250m this year, according to a DTEK winter energy update. Delivering a ‘call to action’, following an…
‘PoWer’ consortium explores hydrogen for construction and agriculture
Efforts to decarbonise heavy-duty and off-road machinery have gained momentum as Purem by Eberspaecher collaborates with leading manufacturers and institutions in Germany on the “PoWer” project. The initiative, backed by…
KfW approves €24bn loan for Germany hydrogen network
KfW Development Bank has approved a €24bn loan to support the construction of Germany’s national hydrogen core network. The ambitious 9,040km link, which aims to be completed by 2032, will…
Market Circumstances Not Supportive of OPEC+ Cut Unwind, StanChart Says
Market circumstances are not supportive of production-cut unwinding. That’s what analysts at Standard Chartered Bank, including the company’s head of commodities research Paul Horsnell, said in a report sent to…
OPEC’s Dilemma – Another Year of Oil Supply Curbs or Price Slump
When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, or risk a renewed price slump. With oil demand slowing in China…
