The artificial intelligence boom is placing a dangerous strain on the world’s water and energy resources. As hyperscalers build up resource-hungry data centers at a breakneck pace, demand projections for these finite resources are skyrocketing faster than policymakers can keep pace. But a new study from researchers at the University of Texas at Austin suggests that there may be a way to sustainably source water for data centers by using wastewater from the oil and gas industry. The water and energy use of AI data centers is enormous…
Alkagesta ha sido galardonada con la insignia Committed de EcoVadis tras una evaluación de sus prácticas de gestión de sostenibilidad en materia de medio ambiente, derechos laborales y humanos, ética y compras sostenibles.
Amid regulatory uncertainty, there is one key challenge to ensuring shipping meets its decarbonization goals: making the right decisions today. DNV’s latest edition of Maritime Forecast to 2050 explores how different scenarios could reshape fuel demand, investment decisions, and decarbonization pathways, helping shipowners to navigate uncertainty and build resilient fleets. Shipping’s energy transition has entered ...
The EU ETS is expected to keep impacting shipping both in the near and in the long term, following the latest gas price increases. In its latest weekly report, shipbroker Intermodal said that “the EUA market maintained its upward trend in August, despite the quieter trading conditions and lower liquidity that typically characterize the holiday ...
China’s oil consumption fell 9% year over year in the second quarter as expensive crude accelerated the use of electric cars, trucks, rail and industrial equipment. The decline helped cut China’s carbon dioxide emissions by 1% during the quarter, according to an analysis by the Centre for Research on Energy and Clean Air. It was the first quarterly emissions decline in China driven primarily by lower oil consumption. Power-sector emissions rose 3% during the same period as coal-fired generation increased. Electric vehicles displaced…
Conventional fuel prices have risen at both Rotterdam and Singapore over the past week while B100 and Rotterdam’s B30 blends have fallen, handing the fuels that are favoured by EU regulations back much of the ground they lost last week. Four spreads have flipped outright, two at each port. B100’s premium over VLSFO in Rotterdam ...
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The world’s biggest oil refiner, China’s state-held Sinopec, is looking to transform its business as domestic fuel sales crumble amid the electric vehicle boom. China Petroleum & Chemical Corporation, as Sinopec is officially known, will be allocating more capital to new energy and chemicals by the end of the decade to grow revenues and profits amid the lowest domestic fuel sales in China in nearly a decade. “As the company grows in scale, its ability to respond to market changes becomes inadequate, and the 'big company syndrome'…
The Emirati state-owned renewables company began commercial operations at a 35-megawatt battery energy storage system in Rochdale, England, its second start-up toward a target of three-gigawatt-hour BESS capacity across the UK.
If you’re a fleet operator and you’re looking to evaluate fuel options that may help lower lifecycle carbon intensity, you don’t have to commit to a single alternative fuel overnight. The smarter play, according to Dave Slade, principal biofuels scientist at Chevron , is building flexibility into your fuel strategy and leaning on the right resources to guide those decisions. Chevron’s portfolio of conventional and renewable fuel options spans petroleum diesel, biodiesel, renewable diesel, compressed natural gas (CNG), renewable natural gas (RNG), and lubricants. Slade notes that range allows C
The new certification allows the biofuels firm to supply verified sustainable aviation fuel that meets international greenhouse gas reduction standards for airline compliance.
