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Carbon Management

BASF and INOCAS sign agreement to develop sustainable Macaúba oil supply in Brazil to produce bio-naphtha

BASF and INOCAS sign offtake agreement for Macaúba kernel oil and Macaúba pulp oil to further expand BASF’s renewable-based portfolio.

TES accelerates CO2 export terminal at Wilhelmshaven Green Energy Hub

Tree Energy Solutions (TES), a global green energy company leading the way in the production of e-NG [electric natural gas derived from green hydrogen (H2)], is advancing its Green Energy Hub in Wilhelmshaven, Germany with the development of a liquid carbon dioxide (CO2) export terminal.

Phillips 66 teams with NextEra Energy Resources to power Rodeo Renewable Energy Complex with solar facility

Phillips 66 is teaming up with a subsidiary of NextEra Energy Resources, LLC to power Phillips 66’s Rodeo Renewable Energy Complex with a 30.2-MW solar facility.

Global airlines could miss sustainable fuel targets, says IATA

The aviation industry is not moving fast enough to reach its targets for producing and using sustainable aviation fuel, the head of airline trade body IATA Willie Walsh said, as it aims for net-zero emissions by 2050.

INEOS-led Greensand to become first full-scale CO2 storage facility in EU

INEOS, the day-to-day operator, of ‘Greensand Future’ and its partners, Harbour Energy, and Nordsøfonden have announced the final investment decision (FID) to safely and permanently store carbon dioxide (CO2) from Danish emitters in a depleted oil field in the Danish North Sea.

Green light for carbon capture and low-carbon power JV projects in Teesside

bp, together with its partners, has reached financial close for two major CCS projects in Teesside in the northeast of England: the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power).

Gentari to supply large-scale, carbon-free energy to AMG Ammonia's new green ammonia facility

Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia's upcoming green ammonia facilities, under a long-term Power Purchase Agreement.

Hycamite, MOLEA and MOL PLUS sign MoU to promote methane-splitting for power generation and marine vessel propulsion

Hycamite TCD Technologies Ltd., MOLEA Ltd. and MOL PLUS Co. Ltd. have signed a memorandum of understanding (MoU) to cooperate in promoting the application of methane-splitting for power generation and propulsion onboard marine vessels.

Phillips 66 and United Airlines sign SAF supply agreement

Phillips 66 and United Airlines have signed an agreement under which Phillips 66 will supply sustainable aviation fuel to United Airlines at Chicago O’Hare International Airport and Los Angeles International Airport, helping advance lower-carbon fuels in Illinois and California.

Varo Energy in talks to buy Preem's Swedish refineries

European energy firm Varo Energy is in talks to acquire Preem's two Swedish refineries in a bet on growing demand for low-carbon biofuels.