Renewables
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).
bp abandons goal to cut oil output, resets strategy
bp has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence.
Eni may sell more stakes in renewable, biofuel units retaining majority
Italy's Eni will decide about additional stake sales in its renewable and biofuel units, its CEO said, keeping in mind that it wants to list them on the stock market and retain the majority of their capital.
GAIL, AM Green sign MoU for jointly developing renewable energy and green chemical projects
GAIL (India) Limited and AM Green B.V. signed a Memorandum of Understanding (MoU) to focus on the long-term supply of carbon dioxide for eMethanol production and the exploration of hybrid renewable energy project across India.
U.S. renewable diesel production capacity posts largest monthly decline on record
U.S. renewable diesel production capacity declined in July by the most since the industry began its rapid expansion three years ago.
HIF Global announces e-Fuels project in Brazil
HIF Global, a leading e-Fuels company, has announced its first project in Brazil, after signing today a land reservation contract with Port of Açu, one of Brazil's main ports, to develop a facility to produce up to 800,000 tpy of e-Methanol.
Rio Tinto pilots Pongamia seed oil as a feedstock for renewable diesel
Rio Tinto will develop Pongamia seed farms in Australia as part of a new biofuels pilot. The project will explore the potential of Pongamia seed oil as a feedstock for renewable diesel.
Canada's Woodland Biofuels to invest $1.35 B at Port of Louisiana (U.S.) for renewable fuels plant
Canadian renewable fuel company Woodland Biofuels has announced an investment of $1.35 B at the Port of South Louisiana to establish a renewable natural gas (RNG) plant and ultra-green hydrogen (H2) facility.
Gevo to acquire Red Trail energy assets in North Dakota (U.S.)
Gevo Inc., a leading developer of net-zero hydrocarbon fuels and chemicals, has entered into a definitive agreement to acquire the ethanol production plant and carbon capture and sequestration (CCS) assets of Red Trail Energy LLC for $210 MM.
Polyplastics launches biomass-balanced LCP for reduced CO2 emissions
Polyplastics Co. Ltd., a global leader in engineering plastics, has announced the launch of LAPEROS (R) bG-LCP, a sustainable solution based on biomass-derived materials (mass balance approach) which reduces carbon dioxide (CO2) emissions and improves the renewable content ratio.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
