Air Products attributed higher costs, losses on sales of its Russia business and strength of the US dollar for a 4% drop in Q4 net income to $593 million.
Matson has signed a $1bn contract with Philly Shipyard to build three new 3,600 TEU Aloha Class containerships which will feature dual fuel engines that can run on conventional marine fuel or liquefied natural gas (LNG).
The complexity of decarbonising shipping is underlined by the prospect of no ‘winner takes all’ alternative fuel and technology, according to DNV’s Maritime Forecast to 2050 report released today.
bp is accelerating its biogas and low-carbon business after posting $8.2bn Q3 profit which it attributed to an ‘exceptional’ gas marketing and trading result and higher gas realisations.
Global technology company ABB will supply key technological solutions for two carbon dioxide (CO2) carriers that will transport captured industrial emissions to storage as part of the Northern Lights carbon capture and storage (CCS) project.
National Grid launches its second-phase consultation today for the Low Carbon Pipelines Project.
Shell continues to capitalise on global energy market volatility after posting $9.5bn third quarter earnings, despite lower LNG trading.
Siemens Energy has been selected by US-based energy specialists Northeast Energy Center (NEC) and Chart Energy & Chemicals to supply a gas/electric hybrid drive system for a liquefied natural gas (LNG) plant being built in...
Danish decarbonisation specialist Topsoe has been selected by Brasil BioFuels to provide its Hydroflex and H2bridge technologies for a new biorefinery in Manaus, Brazil, that will produce sustainable aviation fuel (SAF).
Dominic Ellis gets under the cover of the space and aerospace sector, looking at how industrial gases and cryogenics currently propel these sectors forward – and how that role might evolve in future human endeavours.
