Environment
Montana Renewables receives $1.44-B conditional commitment for renewable fuels and biomass energy facility
Calumet Inc. has announced that the U.S. Department of Energy (DOE) Loan Programs Office (LPO) has awarded a conditional commitment for a loan guarantee of up to $1.44 B to fund the construction and expansion of a renewable fuels facility owned by Montana Renewables LLC (MRL).
Phillips 66 hit with $604.9-MM U.S. verdict in fuel trade-secrets case
Energy company Phillips 66 owes biofuel maker Propel Fuels $604.9 MM in damages for stealing Propel's trade secrets to build up its renewable-fuel capabilities.
U.S. capacity to produce biofuels increased 7% in 2023
Capacity to produce biofuels increased 7% in the U.S. during 2023, reaching 24 Bgal/yr at the start of 2024, led by a 44% increase in a category the U.S. Energy Information Administration (EIA) calls “renewable diesel and other biofuels.”
U.S. offers conditional loan guarantees worth $3 B for two SAF projects
The U.S. Department of Energy (DOE) has approved conditional loan guarantee commitments totaling nearly $3 B for two sustainable aviation fuel (SAF) projects.
Seeq, AVEVA partner to provide best-in-class enterprise data management services, analytics and AI
Seeq announced a strategic partnership with AVEVA. Core to the partnership is the native integration between the two companies’ platforms that will simplify access to operational data in context, enabling chemical, energy, metals, mining, and utility organizations to improve their operations and production outcomes.
Neste MY Renewable Diesel to power Verne data centers’ back-up generators in Finland
Neste’s renewable diesel helps Verne, a provider of sustainable data center solutions for high intensity computing, to transition its operations from fossil to renewable fuels. Verne's data centers in Helsinki, Pori and Tampere in Finland will use Neste MY Renewable Diesel to power their backup generators.
Power2X and Advario to develop world-scale e-SAF hub in the Port of Rotterdam
In partnership, Power2X and Advario are developing a world-scale production and storage hub for sustainable aviation fuel (e-SAF) and synthetic, ultra-low carbon fuels in the Port of Rotterdam.
Wood leads project to accelerate CCUS with guidelines for CO2 specifications
Wood, a global leader in consulting and engineering, is leading a Joint Industry Partnership (JIP) to create industry guidelines for carbon dioxide (CO2) specifications to accelerate sustainable carbon capture, utilization and storage (CCUS) projects.
BASF to build world’s largest industrial heat pump for CO2-free steam generation
BASF has received funding approval from the German Federal Ministry for Economic Affairs and Climate Action for the construction of the world’s most powerful industrial heat pump.
Colonial Oil Industries Marine Division achieves ISCC Plus and EU certifications
Colonial Oil Industries’ Marine division has received International Sustainability & Carbon Certification (ISCC) certification from SCS Global Services. This certification recognizes Colonial’s commitment to sustainability and its ability to produce and trade sustainable biofuels.
- 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
