Carbon Management

First European-built offshore CO2 carrier to be christened and launched on May 14

The completion of Europe’s first offshore carbon dioxide (CO2) carrier marks a pivotal milestone in the energy transition and the advancement of carbon capture and storage (CCS) infrastructure within Europe.

INEOS CEO Sir Jim Ratcliffe: Carbon tax and high energy costs are killing off manufacturing in Britain

South Dakota (U.S.) regulators deny Summit Carbon Solutions a CO2 pipeline permit

Regulators in South Dakota have denied Summit Carbon Solutions' permit application to run about 700 mi (1,126 km) of its carbon dioxide (CO2) pipeline through the state, the second time the state has spurned the company hoping to build the world's largest carbon pipeline aiming to combat climate change.

Dow Chemical delays construction on multi-billion-dollar Path2Zero project in Fort Saskatchewan, Alberta, Canada

After a reported Q1 loss, Dow Chemical plans to launch an action plan to further reduce spending and deliver $6 B in cash support. The plan includes delaying construction on the company's multi-billion-dollar Path2Zero project in Alberta, Canada.

Eckero Line to use Neste renewable diesel for commercial maritime transport

Neste and Finnish company Eckerö Line, which operates ferry services between Helsinki and Tallinn, are continuing their collaboration to reduce maritime emissions. Eckerö Line provides freight and passenger services on the Baltic Sea and is the first company in Finland to adopt Neste MY Renewable Diesel™ for commercial maritime transport.

California (U.S.) governor drives out refiners then pleads for reliable fuel supplies

California (U.S.) Governor Gavin Newsom has directed state officials to step up efforts to guarantee reliable fuel supplies for the nation's biggest auto market, prompting oil companies to blame state policies for difficult business conditions and high pump prices.

UK, Eni agree to go ahead with Liverpool Bay carbon capture project

The British government and Italian energy group Eni ENI.MI have reached an agreement for the launch of the Liverpool Bay carbon capture and storage (CCS) project, opening the way to the construction phase for the initiative.

TotalEnergies to boost SAF and hydrogen production at Antwerp

Mexico exports first ULSD cargo from Olmeca refinery amid infrastructure woes

Mexico exported the first cargo of ultra-low sulfur diesel (ULSD) reprocessed in its new Olmeca refinery in early April, as infrastructure to transport the much-needed motor fuel across the country is not ready.

Fidelis' AtmosClear signs agreement with Microsoft for high-quality carbon removal from project in Louisiana (U.S.)

AtmosClear BR LLC, a portfolio company of Fidelis, has signed a contract with Microsoft for 6.75 MM tonnes (t) of engineered carbon removal over 15 yr from bioenergy carbon capture and storage (BECCS).