Carbon Management
U.S. imports of renewable diesel increased in the early months of 2024
In the first five months of 2024, U.S. imports of renewable diesel averaged 30,000 bpd, approaching the monthly record set in May 2023.
KBR and Avina enter into FEED and technology licensing agreement for SAF
KBR has announced that Avina Clean Hydrogen Inc. has selected the sustainable aviation fuel technology, PureSAF℠, for its project in the U.S.
NextChem to conduct a feasibility study for a 60,000-tpy SAF plant in Indonesia
NextChem (Sustainable Technology Solutions) has been awarded a feasibility study, along with PT Tripatra Engineers and Constructors, for a 60,000-tpy sustainable aviation fuel project located in Sei Mangkei, Indonesia.
China plans new carbon emissions controls as it aims for 2030 peak
China will accelerate the development of a carbon emissions control system to help it achieve its goal of reaching a peak in the emissions of the climate-warming gases by 2030.
Verbio launches ethanol production at its biorefinery plant in Iowa (U.S.)
Verbio has commenced the commercial production of corn-based ethanol at its biorefinery facility in Nevada, Iowa.
NextChem to provide NX CPO technology to SAF pilot plant in Italy
NextChem will provide the license and the proprietary equipment related to its NX CPOTM technology to Saras’ SAF pilot facility in Sarroch (Sardinia).
Fortescue and COSCO SHIPPING sign MoU to decarbonize shipping
Fortescue, a green technology, energy and metals company, and COSCO SHIPPING, a leading global shipping company, have signed a non-binding memorandum of understanding to work together on decarbonizing shipping.
Illimity Bank provides financing for ISAB refinery upgrade in Italy
Illimity Bank said it had structured a financing deal worth more than 400 MM euros for Italian refinery ISAB, which plans to reduce the environmental impact of its activities under a 1.4-B euro investment plan.
Clariant, OMV aim to reduce carbon footprint of ethylene and ethylene oxide derivatives
Clariant and OMV sign a letter of intent to accelerate the transition towards renewable carbon in the European ethylene supply chain.
Brazil's JBS supplies animal waste for production of sustainable aviation fuel
Brazilian meatpacker is supplying animal waste from its operations abroad for the production of renewable aviation fuels and is studying a similar initiative in Brazil through the Friboi brand.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
