Carbon Management
Aether Fuels secures $34 MM to scale-up proprietay sustainable fuels technology
Aether Fuels announced that it has secured $34 MM in Series A financing from a syndicate of global investors. With this financing, Aether plans to accelerate the scale-up of Aether Aurora™, the company’s proprietary technology to create sustainable fuels for the aviation and ocean shipping industries.
Technip Energies acquires technology from Shell to accelerate bio-polyester production
Technip Energies and Shell Catalysts & Technologies announce a technology transfer agreement which accelerates the commercialization of Technip Energies’ Bio-2-Glycols technology for bio-based mono ethylene glycol (MEG) production from glucose.
Neste and OK Slurink provide Neste MY renewable diesel to Scylla’s 40 river cruise ships in the Netherlands
Neste and OK Slurink have joined forces with Scylla, a provider of river cruises, to supply Neste MY Renewable Diesel in the Netherlands for Scylla’s river cruise operations.
New Energy Blue and ARCO/Murray partner to build biomass refineries to produce sustainable fuels and chemicals
New Energy Blue, the clean-energy developer whose technology converts agricultural waste into lowest-carbon biofuels and biochemicals, and ARCO/Murray announced a partnership to build out the New Energy Biomass Refinery designed platform across the American Midwest.
China produces first nuclear-generated steam for petrochemicals plant
China's first nuclear-based steam generation project began production on Wednesday, state-run China National Nuclear Corp (CNNC) said in a Wechat post announcing the latest step in Chinese efforts to decarbonize heavy industry.
bp to acquire full ownership of bp Bunge Bioenergia while refocusing plans for new biofuels projects
bp has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies.
PTTGC wants to turn Map Ta Phut (Thailand) into petrochemicals hub
The company aims to build growth opportunity for Map Ta Phut to position it as a Southeast Asian hub.
White Summit to invest €250 MM in Spanish green methanol plant
Infrastructure investment firm White Summit Capital will invest €250 MM ($267 million) in a green hydrogen and methanol plant in Spain.
OMV to invest €750 MM at Petrobrazi to produce sustainable fuels
OMV Petrom will invest approximately €750 MM at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the region.
Vast and Mabanaft advance Port Augusta green methanol project in Australia
Vast Renewables Ltd., a renewable energy company planning to power green fuels production with its concentrated solar thermal power (CSP) energy systems, announced it has signed a Joint Development Agreement (JDA) with global energy company Mabanaft to advance Solar Methanol 1 (SM1), a CSP-powered green methanol reference plant.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
