Methanol futures are gaining ground as a hedging tool as more companies enter the market to mitigate against daily price ...

Line, a Tokyo-headquartered shipping company, has concluded the contract to build its first very large crude oil carrier ...

The global green methanol market is anticipated to expand from USD 1.95 billion in 2024 to USD 11.18 billion by 2030, registering a CAGR of 33.8% from 2024 to 2030. Growing demand ...

Japanese oil company ENEOS Corporation will provide $100m in funding to support the development of the Beaver Lake Renewable ...

Replacing traditional fossil fuels with clean, renewable energy sources is expected to solve environmental issues and ...

The global methanol market is projected to grow from USD 30,654.6 million in 2021 to USD 39,634.1 million by 2028, at a compound annual growth rate (CAGR) of 3.9% from 2022 to 2028. The growth of the ...

Japan’s NYK has contracted its first methanol-powered VLCC newbuilding. The giant shipping group said it has ordered the ...

Japan’s 310,000-ton methanol-powered tanker is set to revolutionize green shipping by 2028—cutting CO₂ by 40% with realistic ...

Australian engineering firm Worley has partnered with technology expert Topsoe to develop multiple e-methanol modular ...

State-owned Sarawak Petchem chairman Tan Sri Abdul Aziz Husain said green methanol could be used as a sustainable marine fuel for the shipping industry, contributing to a significant reduction in ...