Environment
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.
Fossil fuel use, emissions hit records in 2023
Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels' share of the global energy mix decreased slightly on the year, the industry's Statistical Review of World Energy report said.
DB Schenker, Avolta close first agreement in Spain for the use of marine biofuels
DB Schenker, a leading logistics service provider, has signed an agreement with Avolta, a leading global travel experience player, to use marine biofuel for the transport of goods between Europe and the U.S.
Coca-Cola India moves toward circular economy, launches 100% recycled PET bottles
After being the first company in India to launch a one-liter bottle made from 100% recycled PET (rPET) for its packaged drinking water brand Kinley, Coca-Cola India is taking another meaningful step towards creating a circular economy and has announced the launch of Coca-Cola® in rPET in pack sizes of 250 ml and 750 ml.
Wood Mackenzie: E-fuels offer long-term solution to key energy transition transport sectors, but journey needs to start now
The widespread development and use of synthetic fuels is still at least a decade away and depends on the successful deployment of other technologies, but companies that position themselves now are best positioned for success, according to the latest “Horizons” report by data and analytics company Wood Mackenzie.
IndianOil, GPS Renewables form JV for sustainable energy solutions
In a landmark step towards fostering sustainable energy solutions in India, IndianOil, the “Energy of India,” has entered into a joint venture (JV) agreement with GPS Renewables Pvt. Ltd., one of the leading biofuels companies in the country.
API, truckers, agriculture organizations file lawsuit to stop EPA’s emissions rule for new heavy-duty vehicles
The American Petroleum Institute (API) has filed a lawsuit in the D.C. Circuit Court of Appeals challenging the U.S. Environmental Protection Agency’s (EPA) heavy-duty (HD) vehicle emissions standards for model years 2027–2032.
Amogy and Plastic 2 Green partner to pioneer ammonia energy solutions
Amogy announced the signing of a Memorandum of Understanding (MoU) with Plastic 2 Green (P2G) to explore the integration of Amogy’s ammonia-to-electrical power system as a backup/supplementary power source for P2G’s green ammonia manufacturing facilities.
NEXTCHEM (Maire) signs €4-MM grant with the EU to scale up proprietary chemical recycling technology
The grant will support the BOOST project, aimed at implementing the first commercial application of NXRe PMMA technology for the chemical recycling on continuous basis of polymethylmethacrylate (PMMA) scraps into high quality, added value intermediates
NOVA Chemicals receives FDA LNO for plastic films mechanical recycling process at Indiana (U.S.) facility
NOVA Chemicals Corp. announced that it has received a Letter of Non Objection (LNO) from the U.S. Food and Drug Administration (FDA) confirming the capability of its mechanical recycling process in Connersville, Indiana, to produce post-consumer recycled linear, low-density polyethylene (rLLDPE) material that is suitable for broad food-contact applications.

- INEOS to cease phenol production at German site, cites high European energy costs and CO2 tax policy 6/17
- Petrobras signs $892 MM in contracts to complete RNEST Train 2 refinery expansion 6/17
- China's May refinery throughput at 9-month low on plant overhauls (1) 6/17
- bp completes turnaround work at 250,000-bpd refinery in Washington (U.S.) 6/17
- Japan's Eneos restarts 77,000-bpd Kawasaki CDU after unplanned shutdown 6/17
- UPM Biochemicals receives triple sustainability certification for the Leuna biorefinery 6/17