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Environment

Braskem Idesa and Advario announce partnership to construct the Puerto Mexico Chemical Terminal in Veracruz

Braskem Idesa announced the signing of an investment agreement with Advario for a joint 50% stake in the construction and operation of an ethane import terminal in Mexico, called Puerto Mexico Chemical Terminal.

Chevron completes acquisition of Renewable Energy Group

Chevron Corporation completed its previously announced acquisition of Renewable Energy Group, Inc. following approval by REG stockholders.

Ørsted to capture and store 400,000 tons of carbon in 2025

The technology and logistics for handling and storing carbon from the two CHP plants are in place, and if financial support is obtained from the current tender for carbon capture and storage, Ørsted can be ready to capture and store 400,000 tons of carbon as early as 2025.

Neste publishes inaugural Green Finance Report

Neste has published its first Green Finance Report to further integrate the company's sustainability ambitions into its financing.

Low-carbon hydrogen demand in refining could reach 50 Mtpy by 2050

Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 MMtpy by 2050.

High fuel prices could erode public support for energy transition, Chevron CEO says

Europe's plan to double down on renewable fuels in response to rising fuel costs could have the unintended short-term effect of increasing prices and slow down the energy transition, Chevron Corp Chief Executive Michael Wirth said.

Malaysia Airlines flies its first passenger flight with Neste MY Sustainable Aviation Fuel supplied by PETRONAS

In conjunction with World Environment Day, Malaysia Airlines operated its first passenger flight using Neste MY Sustainable Aviation Fuel on flight MH603 from Kuala Lumpur to Singapore.

Technip Energies selected by IVERSON eFuels for a green ammonia production project

Technip Energies has been selected by IVERSON eFuels AS, a Special Purpose Vehicle between CIP, Hy2gen and Trafigura, to perform the engineering design of a complete green ammonia plant at Sauda, Rogaland, Norway.

Topsoe technology to support Cresta’s renewable diesel and SAF production in Canada

Cresta has chosen Topsoe’s HydroFlex solution for revamping the Braya Renewable Fuels refinery in Newfoundland, Canada.

Gasoline, diesel vehicles dominate India's auto market, EVs lag (1)

India's road transport minister on Tuesday warned local and foreign automakers to either cut production of polluting diesel vehicles or face higher taxes and levies, setting alarm bells ringing in the world's third-largest car market.