Carbon Management

JPMorgan sets 2030 emissions targets for polluting industries

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.

Topsoe is technology partner in Europe's largest green-fuel project for shipping

Ørsted takes final investment decision to build Europe’s largest production facility, FlagshipONE, for green fuel for the shipping industry.

Neste helps the data center LCL become industry-first in Belgium to use Neste MY Renewable Diesel to power its emergency power generators

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.

Adding EVs to U.S. biofuels law is environmental agency's 2023 task

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 to develop zero-emission demonstrator planes with partners

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 emerging as hot spot for more climate-friendly jet fuel

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 Technology chosen for industrial scale low carbon ammonia project in Louisiana, USA

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 sees cleaner fuels making profit contribution by 2030

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.

thyssenkrupp Uhde selected by CF Industries and Mitsui for blue ammonia project

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 to test carbon capture technology at Technology Center Mongstad in Norway

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.