Carbon Management
Green industries could be worth $10.3 T to economy by 2050
Industries helping the world shift to net-zero emissions could be worth $10.3 T to the global economy by 2050, sustainable development consultancy Arup and economics advisory firm Oxford Economics said in a report on Tuesday.
Sinopec releases China Energy Outlook 2060, anchoring new path of energy transformation development
This is Sinopec’s first publicly released research findings of their medium and long-term energy outlook, providing a new perspective for the scientific planning of transformation and development of China’s energy and chemical industries.
Darling Ingredients expects 20% growth in 2023
Renewable fuel producer Darling Ingredients Inc expects 20% growth for the company in 2023, the chief executive said this week, as governments worldwide push for energy solutions to lower carbon emissions.
ADNOC allocates $15 B to low-carbon solutions, new energies and decarbonization technologies
The announcement follows the guidance by ADNOC’s Board of Directors in November 2022 to accelerate delivery of its low-carbon growth strategy and the approval of its Net Zero by 2050 ambition.
Germany's energy crisis powers hydrogen switch
From the moment Russian gas exports to Germany were first disrupted in June, German firm Kelheim Fibers began casting around for alternative options to keep its engines running.
Sponsored Content: How can we deliver one of the fuels of the future?
The world needs more energy than ever before. Which means we need a sustainable system that can meet these growing demands, whilst also addressing CO2 emissions and the overall impact on the environment.
Brussels Airlines starts new year with first delivery of Neste MY SAF to Brussels Airport
Brussels Airlines, the flag carrier of Belgium and part of the Lufthansa Group, has started the new year by being the first airline receiving a delivery of Neste MY Sustainable Aviation Fuel at Brussels Airport for the first time using the NATO Central European Pipeline System.
Petrobras' next CEO seen overseeing strategic shift with renewables focus
The nomination of a Brazilian senator and longtime energy consultant to lead Petrobras suggests President-elect Luiz Inacio Lula da Silva wants the state-run firm to pivot to more renewable energy projects.
2022 SAF production increases 200%
The International Air Transport Association (IATA) estimates that SAF production will reach at least 300 MM liters in 2022—a 200% increase on 2021 production of 100 MM liters.
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.
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
