Environment

Quick wins on cutting methane dogged by a slow transition

The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort.

Refiners confront twin challenges of demand disruption and decarbonization

IEA: World oil and gas demand could grow until 2050

The Paris-based energy security watchdog predicted in its annual outlook that the world will likely fail to meet its goal to cap the rise in temperatures to as close as possible to 1.5°C degrees (2.7°F) above pre-industrial times to avoid the most devastating effects of climate change.

Carbon Clean and SAMSUNG E&A to accelerate global deployment of carbon capture solutions

The partnership brings together Carbon Clean’s patented CycloneCC™ technology, a fully modular, columnless carbon capture system, with SAMSUNG E&A’s deep EPC expertise and AHEAD execution model to deliver compact, pre-fabricated systems that can be deployed faster, at lower cost, and with minimal site disruption.

AFPM: The only lawful, acceptable number for RFS reallocation is zero

The supplemental proposal, issued in September as an addendum to EPA’s June RFS proposal, seeks to add to the already-historically-high 2026–2027 RFS biofuel blending mandates by reallocating RFS costs waved from some refineries over the course of 2023 to 2025 onto the next tranche of RFS obligations imposed on all refiners.

Monetizing stranded offgases from oil and gas facilities

Portugal's chemicals sector needs to spend $35 B on decarbonization, industry group says

The sector currently invests an average of around €1 B per year in growth, manufacturing processes, and energy efficiency, but only a portion is targeted at decarbonization.

Forestal selects Topsoe’s SOEC technology for e-methanol production

Rolls-Royce successfully tests first pure methanol marine engine

Finland's Wartsila believes in shipping decarbonization despite IMO setback

The Finnish engineering group, one of the world's biggest ship engine makers, has invested in emissions reduction technologies for ships and power plants. It expects higher demand for those under the International Maritime Organization's climate plan.