OCI Global, Maersk prepare first ship to run on green fuel

Chemicals company OCI Global announced it would fuel the world's first ship powered by green methanol, in a partnership with shipping company AP Moller-Maersk that could demonstrat... Read More

At Bonn UNCCC, COP28 President calls for 'just' and 'balanced' energy transition, voice for Global South

COP28 President Dr Sultan Al Jaber has called for a "just" and "balanced" energy transition "that leaves no one behind", and emphasized the need to listen to all voices in the clim... Read More

World Bank president says private funds should aid energy transition

The World Bank's newly-appointed president Ajay Banga has lauded improvements in the renewable fuels space, and said private investment could help countries transition to clea... Read More

Global CO2 levels now 50% above pre-industrial era, warn US scientists

Global CO2 levels continue to rise, and are now 50% higher than their level before the onset of the industrial era, US scientists announced. Independent measurements taken by the U... Read More

EESL targets ceiling fans in energy efficiency drive

Energy Efficiency Services Ltd will seek to deploy about 10 million energy efficient ceiling fans across India, the company said, as part of its moves to improve energy consumption... Read More

LyondellBasell to test new olefins furnace in attempt to curb emissions

LyondellBasell plans to test a new electric furnace in olefins production at its plant at Channelview, Texas, the company announced on Thursday. The chemical maker announced the si... Read More

Asia's largest coal-linked carbon capture unit comes on stream in China

 China has operationalized the largest coal-linked carbon capture, utilisation and storage (CCUS) facility in Asia, Reuters reports, citing a report on broadcaster China Centr... Read More

JPMorgan Chase announces $200 million in CDR deals

JPMorgan Chase on Tuesday announced it will spend $200 million to help scale the growth and development of carbon dioxide removal (CDR) technologies. The US banking behemoth aims t... Read More

Allkem, Livent merge to create world's third largest lithium miner

US-based Livent and Australia-based Allkem are combining in a $10.6 billion all-stock deal that will create the world's third-largest producer of lithium, a metal pivotal to making... Read More

Microsoft deal puts fusion power in spotlight

Is this the watershed moment for nuclear fusion? Or have two companies jumped the gun? Microsoft has signed a deal for electricity generated from nuclear fusion, in the first such ... Read More