article thumbnail

Nippon Steel to invest in Canadian coal company; steelmaking coal offtake agreement

Green Car Congress

EVR), which will be spun-off from Teck as an independent publicly-listed Canadian company and will own and operate the steelmaking coal business previously conducted by Teck. The remainder of Teck’s business will be spun-off as the independent company Teck Metals, which will focus on base metals production.

Coal 273
article thumbnail

EIA forecasts US fossil fuel production to reach new highs in 2023

Green Car Congress

After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil, and coal) increased by 2% in 2021 to 77.14 Of the total US fossil fuel production in 2021, dry natural gas accounted for 46%, the largest share. quadrillion British thermal units.

Coal 448
article thumbnail

NYK Line, JMU and ClassNK partner to commercialize ammonia-fueled ammonia gas carrier

Green Car Congress

NYK Line, Japan Marine United Corporation (JMU), and Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB).

Gas 459
article thumbnail

EIA: US fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years

Green Car Congress

In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 2020 marked the largest annual decrease in US fossil fuel consumption in both absolute and percentage terms since at least 1949, the earliest year in the EIA annual data series.

2020 418
article thumbnail

SAF company DG Fuels closes investments with two Japanese companies

Green Car Congress

DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. The basis of DGF’s integrated fuel and energy technology is the proven Fischer-Tropsch process, in use for more than 60 years.

Companies 370
article thumbnail

NYK to introduce WinGD variable compression ratio systems on two LNG-fueled coal carriers

Green Car Congress

NYK will install a variable compression ratio system (VCR system) on two large LNG-fueled coal carriers to be built at Oshima Shipbuilding Co., This will be the first time for VCR systems to be installed on vessels, including existing vessels that use heavy fuel oil as their main fuel. Source: WinGD. Mitsui E&S DU Co.,

Coal 150
article thumbnail

IINO Lines, J-POWER and Norsepower partner to install rotor sail on a dedicated coal carrier

Green Car Congress

IINO Kaiun Kaisha and Electric Power Development (J-POWER) have agreed to install the rotor sail (wind propulsion auxiliary device) manufactured by Norsepower on the dedicated coal carrier YODOHIME (completed in February 2016).

Coal 195