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Carbon Management

ADNOC Refining to complete first phase of waste heat recovery project

ADNOC Refining, a joint venture company between the Abu Dhabi National Oil Company (ADNOC), Eni, and OMV, is set to complete the first phase of its innovative Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi.

Carbon intensity of U.S. power generation continues to fall but varies widely by state

From 2016 to 2020, the carbon intensity of U.S. power generation fell 18%, driven by a shift in the U.S. electricity generation mix away from coal and toward natural gas and renewables.

RGGI carbon dioxide emissions price reached new quarterly record in June 2022

RGGI is a cooperative agreement among 11 U.S. states to reduce CO2 emissions from power plants; it was the first program in the country to place a cap on power sector CO2 emissions.

Aemetis on schedule with engineering for SAF and renewable diesel plant by global construction firm CTCI

Aemetis reported that the engineering work completed during the past year by CTCI for the Aemetis Riverbank Carbon Zero sustainable aviation fuel and renewable diesel plant is on schedule for filing permits and conducting procurement commencing in Q4 2022.

The downstream rundown: In case you missed it 09/09

In case you missed any downstream news, here are the top stories from last week.

Spain's Repsol sells 25% of oil and gas unit to EIG for $4.8 B

Repsol is selling a 25% stake in its oil and gas exploration division to U.S. fund EIG for $4.8 B, building up a warchest for renewables projects as the energy industry moves to a lower-carbon future.

BASF and Samsung Heavy Industries collaborate on CCS onboard maritime vessels

BASF and Samsung Heavy Industries Co., Ltd. will carry out a collaborative feasibility assessment of capturing CO2 onboard maritime vessels using BASF’s OASE blue technology for flue gas applications.

Chevron New Energies, Crowley lead first close of Series A funding round for Zero Emissions Industries

The new funds are expected to enable ZEI to roll out their next generation fully integrated marine power system and scale quickly to meet the demand within the maritime industry for their zero emission propulsion solutions.

Imperial advances renewable diesel plans, awards hydrogen contract to Air Products

Imperial announced a long-term contract with Air Products to supply low-carbon hydrogen for Imperial’s proposed renewable diesel complex at its Strathcona refinery near Edmonton, Alberta.

Lummus accelerates CO2 reduction goals through air preheater innovation

Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced major advancements to the Lummus External Air Preheater (LEAP) technology.