Biofuels
ITOCHU to supply low-carbon methanol fuel for NYK Line at Port of Ulsan
The low-carbon methanol fuel recently supplied by ITOCHU is made from biomass-derived raw materials, and it is expected that the GHG emissions throughout the life cycle of the fuel will be less than that of conventional fuels.
Taiyo Oil and Mitsui Chemicals consider collaboration to expand supply of chemically recycled products
The study aims to have Taiyo Oil's Shikoku Operations handle the heavy fraction of pyrolysis oil from plastic waste, which is difficult for Mitsui Chemicals to process with its crackers. Chemically recycled naphtha, propylene and other products based on the mass balance approach will then be supplied to Mitsui Chemicals.
Technip Energies awarded two services contracts for first-of-a-kind, waste-to-methanol Ecoplanta project in Spain
The plant will be the first in Europe to transform, at scale, non-recyclable municipal solid waste and biomass into renewable and circular methanol.
LanzaJet advances UK ethanol-to-jet SAF project
LanzaJet, Inc. has been awarded more than $13 million (£10 million) from the UK Department for Transport’s Advanced Fuels Fund (AFF) to accelerate development of Project Speedbird, a major sustainable aviation fuel (SAF) biorefinery in Teesside, United Kingdom
Eni and five other oil companies fined by Italian competition watchdog
The regulator said that fines totaling more than €936 MM ($1.1 B) had been levied against Eni, Esso, Italiana Petroli (IP), Q8, Saras and Tamoil.
Eni unveils new biorefinery project in Sannazzaro de’ Burgondi
Eni announced that it has received approval from the Italian Ministry of the Environment and Energy Security to convert selected units at the Sannazzaro de’ Burgondi (Pavia) refinery into a biorefinery.
U.S. total distillate inventories forecast to end 2025 and 2026 at multiyear lows
Australia promises $735 MM to launch biofuel industry
The money, to be released over 10 yrs from 2028, is intended to stimulate private investment in products like biodiesel and sustainable aviation fuel (SAF).
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
