Knowledge and Technology

Hyundai Motor Group said on Wednesday it will collaborate with Saudi Aramco and a Saudi Arabian university to jointly develop an environment-friendly fuel and engine for vehicles. Hyundai, Aramco, and King Abdullah University of Science and Technology (KAUST) plan to develop an advanced fuel for ultra-lean burn, spark-ignition engines to …

In a potential big breakthrough on shipping’s path to decarbonisation, the Japanese look like they have minimised the issue of methane slip for ships using LNG as a fuel. Hitachi Zosen, Mitsui OSK Lines (MOL) and Yanmar Power Technologies have received approval in principle from ClassNK for a methane oxidation …

National Iranian Tanker Company (NITC) has awarded the project for building a 113,000-ton oil tanker to a high-level domestic company, the company’s managing director announced. According to Hossein Shiva, NITC has awarded the construction of the mentioned vessel to Iran Shipbuilding and Offshore Industries Complex (ISOICO) and the official deal …

Siemens Smart Infrastructure has unveiled a new sustainable, EV charging concept structure designed for electrifying fleets and high demand charging applications at scale. The new VersiCharge XL concept (UL standard) was created to electrify new or existing parking lots and building structures quickly and efficiently by using a modular, scalable …

European aerospace and defence group Airbus (EPA:AIR) will partner with a joint venture of General Electric Co (NYSE:GE) and Safran Aircraft Engines to develop a hydrogen-fuelled aircraft engine that should be put into operation in zero-emission aircraft by 2035. As part of a demonstration programme, the partners will ground and …

Iranian scientists succeeded in breaking the US monopoly in producing electron accelerators, Head of the Atomic Energy Organization of Iran (AEOI) Mohammad Eslami said. “A while ago I wrote about the important role of electron accelerators in this Instagram page and pointed to inspiring research and activities of nuclear scientists …

A team of scientists in China and Britain have made what they say is a breakthrough in the quest to use sunlight to produce hydrogen, which can be used as a power source or in industry. In a paper published in the peer-reviewed journal Nature Communications last week, the scientists …

South Korea will strengthen cooperation with the United Arab Emirates in major technologies related to the hydrogen economy, President Moon Jae-in said Sunday. The president, who is in Dubai for a three-day visit as part of his trip to the Middle East, made the remark at a business forum attended …

Korean battery maker LG Energy Solution (LGES) has opened the books to investors to raise up to $10.8 billion in the country’s largest initial public offering (IPO), according to a term sheet seen by Reuters. The shares will be sold in a price range of 257,000 won to 300,000 won …

The Energy Efficiency Hub – a global platform for collaboration aimed at delivering the social, economic and environmental benefits of more efficient use of energy – has been launched at an event hosted at the International Energy Agency (IEA) in Paris. The Hub’s initial 16 members are Argentina, Australia, Brazil, …