Carbon Management
Fortescue and COSCO SHIPPING sign MoU to decarbonize shipping
Fortescue, a green technology, energy and metals company, and COSCO SHIPPING, a leading global shipping company, have signed a non-binding memorandum of understanding to work together on decarbonizing shipping.
Illimity Bank provides financing for ISAB refinery upgrade in Italy
Illimity Bank said it had structured a financing deal worth more than 400 MM euros for Italian refinery ISAB, which plans to reduce the environmental impact of its activities under a 1.4-B euro investment plan.
Clariant, OMV aim to reduce carbon footprint of ethylene and ethylene oxide derivatives
Clariant and OMV sign a letter of intent to accelerate the transition towards renewable carbon in the European ethylene supply chain.
Brazil's JBS supplies animal waste for production of sustainable aviation fuel
Brazilian meatpacker is supplying animal waste from its operations abroad for the production of renewable aviation fuels and is studying a similar initiative in Brazil through the Friboi brand.
United is first airline to purchase SAF for O'Hare Int'l airport (Chicago, U.S.)
United Airlines will purchase 1 MMgal of sustainable aviation fuel from Neste for use at Chicago's O'Hare International Airport.
Neste, HELLENiQ ENERGY collaborate to boost the availability of blended SAF in Greece
Neste and HELLENiQ ENERGY have collaborated to deliver blended Neste MY Sustainable Aviation Fuel to HELLENiQ ENERGY’s facilities in Thessaloniki, Greece.
Technip Energies awarded proprietary equipment contract by CP Chem for low-CO2 cracking furnace technology
Technip Energies has been awarded an engineering and procurement contract by Chevron Phillips Chemical for the supply of a proprietary low-emission cracking furnace in an existing olefins unit at its facility in Sweeny, Texas (U.S.).
US court rejects EPA denials of 2022 small refinery biofuel waivers
A federal appeals court rejected the Environmental Protection Agency’s decision in 2022 to deny small oil refineries temporary waivers from the nation’s biofuels blending program, and sent the matter back to the agency for review.
PETRONAS, Eni and Euglena reach FID to construct a biorefinery in Malaysia
Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a company directly controlled by Eni S.p.A.) and Euglena Co., Ltd. have reached the final investment decision (FID) to develop a biorefinery which will be located within PETRONAS’ Pengerang Integrated Complex (PIC), Johor, Malaysia.
ExxonMobil signs carbon capture agreement with CF Industries in Mississippi (U.S,)
ExxonMobil has signed its fourth carbon capture and storage agreement with CF Industries. ExxonMobil will transport and permanently store up to 500,000 tpy of captured CO2 from CF Industries’ complex in Yazoo City, Mississippi.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
