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Environment

Asia's SAF projects and agreements

SAF, or alternative fuel made from renewable sources that are used to power aircraft, is crucial for the aviation sector to reach its goal of net zero carbon emissions by 2050, but its adoption remains in a nascent phase. Following is a look at other SAF projects and agreements in the Asia-Pacific region.

Sir Ratcliffe warns Europe is “sleepwalking towards offshoring its industry, jobs, investments”

Sir Jim Ratcliffe, Chairman and Founder of INEOS, has written to Ursula von der Leyen, President of the European Commission, warning that Europe is “sleepwalking towards offshoring its industry, jobs, investments, and emissions.” 

CITGO enters EV space with pilot program in Michigan (U.S.)

CITGO Petroleum Corporation, along with longtime Marketer Folk Oil Company, recently launched an electric vehicle charging pilot program designed to meet the needs of EV drivers in Battle Creek, Michigan.

Australia’s Ampol to upgrade Lytton refinery, posts 1.1% rise in annual profit

Australia’s Ampol Ltd said it intends to upgrade its Lytton refinery located in Queensland to align its gasoline production quality to comply with the latest standards for both regular and premium gasoline grades.

Topsoe ammonia technology to boost Approtium's hydrogen production in South Korea

Topsoe has signed an engineering agreement with Approtium to deliver its proven ammonia cracking technology, H2RETAKE, converting low-carbon ammonia, also referred to as blue ammonia, back into hydrogen.

Equinor says power supply restored at Mongstad refinery after fire

Equinor said the power supply at its Mongstad oil refinery in Norway was restored, after a fire in an electrical facility.

Singapore to impose green fuel levy on flights from 2026

Travelers will need to bear the cost of the transition towards green jet fuel, Singapore's transport minister said as he announced the city state's plans for a levy on flight ticket prices as the aviation industry seeks a viable funding model.

Aircastle announces investment commitment to SAF fund

Aircastle Limited announced that it has made an investment commitment to the United Airlines Ventures' Sustainable Flight Fund.

Evergreen Marine and X-Press Feeders sign MOA for green methanol shipping routes in Europe

Evergreen Marine Corporation has signed a MOA with X-Press Feeders to place its containers on X-Press Feeders’ new dual fuel green methanol vessels.

Heidelberg Materials North America announces latest step in Edmonton CCUS Project

Heidelberg Materials North America announced a significant milestone in its two-stage competitive procurement process as it works to select the capture technology and contractor for providing the CO2 separation solution for its Edmonton, Alberta, Carbon Capture, Utilization, and Storage Project.