Greenhouse Gases
EU lawmakers to grill new climate chief on fossil fuels
Lawmakers in the European Parliament plan to grill Wopke Hoekstra, who is poised to be the EU's next climate change chief, on how he would phase out fossil fuel subsidies and set a new emissions target for 2040.
European Parliament supports RED III, bolstering EU's renewable energy goals
The European Parliament has overwhelmingly approved RED III, an updated Renewable Energy Directive, with 470 votes in favor and 120 against.
OCI Global doubles capacity as shipping industry seeks green methanol
OCI Global the world's biggest producer of green methanol, plans to double the production capacity at its Texas facility to 400,000 metric tons per year.
Indian minister walks back plans for higher taxes on diesel vehicles
India is not planning to levy any new tax on diesel vehicles two days after he warned automakers to reduce diesel production or face higher taxation.
Shipping group Maersk sets up green methanol company
Maersk has teamed up with its majority owner to form a new company to produce "green methanol" as it held a naming ceremony for the world's first container vessel powered by the low-carbon fuel.
OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'
The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.
EU lawmakers approve binding green fuel targets for aviation
The European Parliament adopted a deal to set binding targets for airlines in Europe to increase their use of SAF.
USDA to adjust GHG model to help ethanol get aviation fuel subsidy
The U.S. Department of Agriculture will spend up to $400,000 to adjust a federal greenhouse gas emissions model to ensure that aviation fuel made from corn-based ethanol is eligible for hefty subsidies.
Korean Air introduces Cargo SAF Program
Korean Air will launch a program to use SAF for air cargo operations in cooperation with air cargo customers and forwarders.
India makes clean energy push at G20 with global biofuel alliance
India announced the launch of a global biofuel alliance at a G20 summit in New Delhi to boost the use of cleaner fuels.
- Tasnee's Saudi Ethylene and Polyethylene Co. commences planned maintenance of ethylene plant 1/2
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
