BRIEFING: Orsted drops e-methanol plant for shipping, following Shell and BP retreat from biofuels

Published 12:17 on August 16, 2024  /  Last updated at 12:17 on August 16, 2024  / Paddy Gourlay /  Aviation/CORSIA, EMEA, International, Shipping

Danish energy giant Orsted has scrapped a proposed e-methanol plant meant to supply green fuel for container ships amid a lack of demand, it announced Wednesday, in the latest sign that European energy majors are retreating from green fuel projects.
Danish energy giant Orsted has scrapped a proposed e-methanol plant meant to supply green fuel for container ships amid a lack of demand, it announced Wednesday, in the latest sign that European energy majors are retreating from green fuel projects.


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