Carbon Management
Italy calls for early review of EU combustion engine ban
The European Union should decide already next year whether to rethink a regulation that effectively bans the sale of new petrol and diesel cars in the 27-nation bloc from 2035.
Malaysia launches aviation decarbonization drive targeting net-zero emissions by 2050
Malaysia is targeting net-zero emissions in its aviation sector by 2050 through the launch of a decarbonization plan.
Shell, Eni lead funding round for carbon capture firm Mantel Capture
European oil majors Shell and Eni have led an early stage funding round for climate technology startup Mantel Capture, which aims to use molten salts to capture carbon dioxide (CO2) emissions at refineries, factories and other industrial sites.
U.S. CCS stakeholders must overcome serious trust deficits to meet net-zero potential, new research shows
Worley, a global professional services company of energy, chemicals and resources experts, and researchers at Princeton University’s Andlinger Center for Energy and the Environment, have identified that a lack of trust between project stakeholders is slowing the pace of infrastructure delivery that is critical to net-zero.
Digital Feature: Cracking the chemical industry’s carbon code
This article focuses on how Evonik is decarbonizing chemical processing operations at its Herne site in Germany. This work details the installation of an advanced proprietary proton exchange membrane electrolyzer that will produce H2 and oxygen onsite from renewable energy.
Oxylus Energy raises $4.5 MM seed round for clean fuel technology
Oxylus' solution is the first low-temperature and low-pressure conversion of carbon dioxide to green methanol. The methanol can be used as a drop-in fuel replacement or upgraded to jet fuel and other green petrochemicals.
DNV and Mumbai Port Sustainability Foundation sign MoU to advance sustainability efforts
Classification society DNV has signed a memorandum of understanding (MoU) with the Mumbai Port Sustainability Foundation (MPSF), a non-profit entity under the Mumbai Port Authority, to cooperate on activities and projects related to decarbonization, digitalization, emissions management and safety.
South Korea plans mix of sustainable aviation fuel for international flights from 2027
South Korea aims to ensure all departing international flights use a mix of about 1% of sustainable aviation fuel (SAF) from 2027. The step aims to prepare for a carbon offset and reduction scheme that becomes mandatory for members of the International Civil Aviation Organization (ICAO) starting from that year.
AFC leads financing for Africa's largest gas-to-methanol complex
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is arranging a project development facility to support Africa’s largest gas-to-methanol plant, with the aim of significantly reducing CO2 emissions by offsetting flaring of natural gas and turning it instead into a valuable chemical for solvents, paints, plastics and car parts.
BASF outlines its sustainable roadmap towards a circular economy
BASF’s Performance Materials division revealed its strategic roadmap toward achieving carbon neutrality by 2050 and highlights key milestones on its way to a circular economy.
- 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
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
