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.
Ørsted takes final investment decision to build Europe’s largest production facility, FlagshipONE, for green fuel for the shipping industry.
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.
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 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 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.
Topsoe has been chosen as technology provider to Ascension Clean Energy (ACE), an industrial scale low carbon hydrogen-ammonia joint venture project by Clean Hydrogen Works (CHW), Denbury Carbon Solutions and Hafnia.
Idemitsu Kosan Co Ltd , Japan's No. 2 oil refiner, expects cleaner fuels such as ammonia, green pellets and SAF to contribute to its profits by 2030, its president said.
The new greenfield facility will produce blue ammonia by leveraging carbon capture and sequestration processes to reduce carbon emissions by more than 60% compared to conventional ammonia.
Shell Catalysts & Technologies has entered an agreement with Technology Centre Mongstad to test a technology for capturing CO2. The test will start in January 2023 and will last for five months.