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Carbon Management

Japanese companies and Petronas to develop CCS project offshore Malaysia

Japanese companies have agreed to develop a carbon capture and storage (CCS) project with Malaysian energy firm Petronas which should start holding its first carbon dioxide (CO2) emissions from end-2028.

Maersk to buy 500,000 tpy of bio-methanol/e-methanol from China's Goldwind

Danish shipping group Maersk has agreed to buy 500,000 tpy of bio-methanol and e-methanol from China's Goldwind starting in 2026.

Neste to distribute renewable diesel in France

Neste is partnering with two new distributors in France to make Neste MY Renewable Diesel™ available for the first time in the market, starting in January 2024. 

China plans pilot projects to boost use of biodiesel

China will launch a series of pilot projects to spur domestic production and consumption of biodiesel, according to the National Energy Administration.

Braskem receives grant from REMADE for its polymer recycling technology

Braskem's polymer recycling technology research partnership has been awarded a $504,000 Research, Demonstration, and Development (RD&D) grant from the Reducing Embodied Energy and Decreasing Emissions (REMADE) Institute

Neste partners with Hightowers Petroleum to offer renewable diesel in U.S.

Neste and Hightowers Petroleum have formed a strategic partnership to offer Neste MY Renewable Diesel to customers in the Midwest U.S.

Indonesia's Pertamina expects Balikpapan refinery expansion in 2024

Pertamina expects to complete the capacity upgrade at its Balikpapan refinery in April next year. The project will see the facility's production increase by 100,000 bpd to 360,000 bpd.

CVR Energy to pay $23 MM for excess pollution from Kansas (U.S.) refinery

CVR Energy has agreed to pay more than $23 MM for emitting excess sulfur dioxide (SO2) from its petroleum refinery in Coffeyville, Kansas, in a settlement announced by the U.S. Justice Department and Environmental Protection Agency (EPA).

GS Caltex sells its first bio-marine gasoil bunker in Singapore

GS Caltex Singapore Pte Ltd sold its first cargo of biofuel-blended marine gasoil to Maersk Oil Trading in Singapore, as it seeks to expand into lower carbon fuels.

Delta leads diverse coalition to harness the economic power of SAF

Delta is a founding member of Americans for Clean Aviation Fuels, a diverse coalition aiming to promote the economic benefits of establishing a robust market for SAF and clean aviation fuels, involving key sectors such as agriculture, fuel production, and aviation.