Carbon Management
Mexico's Pemex sees poor environmental record as threat to financing
Mexican state oil company Pemex said it has been falling behind in a global race to transition from fossil to renewable energy sources, and that stricter demands from environmentally conscious investors pose a threat.
Japan minister signs clean energy cooperation document during Saudi visit
Saudi Arabia and Japan signed a memorandum of cooperation (MoC) in the fields of the circular carbon economy, carbon recycling, clean hydrogen and fuel ammonia, the Saudi Energy Ministry said on Twitter.
VistaJet, AEG Fuels partner with SAF deal
VistaJet continues to push forward with its plan for more sustainable aviation solutions and announces an agreement with AEG Fuels to purchase SAF produced by OMV at Vienna International Airport.
Nippon Cargo Airlines to use Neste MY Sustainable Aviation Fuel for their cargo flights reducing the emissions of cargo transport
Nippon Cargo Airlines (NCA), the only international cargo airline based in Japan, has for the first time used Neste MY Sustainable Aviation Fuel for several cargo flights in November and December this year.
JPMorgan sets 2030 emissions targets for polluting industries
JPMorgan said it had set targets to cut emissions tied to its finance and dealmaking in the iron and steel, cement and aviation sectors, as those emissions linked to oil and gas usage rose.
Topsoe is technology partner in Europe's largest green-fuel project for shipping
Ørsted takes final investment decision to build Europe’s largest production facility, FlagshipONE, for green fuel for the shipping industry.
Neste helps the data center LCL become industry-first in Belgium to use Neste MY Renewable Diesel to power its emergency power generators
Neste is helping the data center specialist LCL make a switch to renewable energy sources for its emergency power generators by providing the company with Neste MY Renewable Diesel.
Adding EVs to U.S. biofuels law is environmental agency's 2023 task
The Biden administration could change the nation's biofuel blending law next year to offer lucrative credits to electric vehicle manufacturers like Tesla, a major rewrite that the oil industry criticizes as subsidizing the EV industry.
Air New Zealand to develop zero-emission demonstrator planes with partners
Air New Zealand said it had partnered with four aircraft makers to develop zero-emission demonstrator flights by 2026, using electric, green hydrogen and hybrid technologies.
Latin America emerging as hot spot for more climate-friendly jet fuel
Latin America is drawing early investment for jet fuel produced from materials like forest residues and palm oil as emission-conscious airlines scour emerging markets for less-polluting fuel to power flights.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
