Economics
Infinium and Kinetik reach innovative CO2 utilization agreement to advance efuels production
eFuels leader, Infinium, has reached an agreement with a subsidiary of midstream energy company Kinetik Holdings Inc. to purchase CO2 captured from Kinetik's gas gathering and processing system in the Permian Basin for use as a feedstock in the production of ultra-low carbon eFuels.
Lummus and Braskem to partner on electrified cracking heater for decarbonization
Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Braskem, the largest bio-based polymer producer in the world, announced today the companies will carry out joint studies related to the industrial demonstration of Lummus' SRT-e electric cracking heater to decarbonize one of Braskem's sites in Brazil.
Boeing secures its biggest purchase of Neste MY Sustainable Aviation Fuel through EPIC Fuels and Avfuel
Boeing has agreed to purchase 7.5 MM gallons of blended Neste MY Sustainable Aviation Fuel in 2024 to support its U.S. Commercial Airplanes business operations in reducing its greenhouse gas emissions.
UAE's Fujairah March marine bunker sales hit highest in more than a year
Marine bunker fuel sales at the United Arab Emirates' Fujairah port hit their highest in more than a year in March 2024, buoyed by firmer global refueling demand after Red Sea shipping disruptions.
Eni to sell stakes in biofuel, bioplastic units by end of 2024
Italian energy group Eni aims to sell by year-end minority stakes in its biofuel and bio-plastic units that could fetch around $1.47 B in total to speed up its energy transition.
Singapore aims for over 1 MMt of low-carbon methanol bunker supply by 2030
Singapore has the potential to supply over 1 MMt of low-carbon methanol annually by 2030 to meet rising demand for alternative bunker fuel.
Radix partners with Cleopatra Enterprise to enhance project controls and turnaround management
Radix, a global technology solutions company, announced that it has signed a partnership agreement with Cleopatra Enterprise, a leading project cost management software company.
Uzbekistan aims to achieve a chemical hub status with the help of Chinese polymer tech
Uzbekistan is embarking on a significant economic transformation with the help of Chinese technology, aiming to capitalize on its natural gas reserves by producing value-added products rather than solely relying on energy consumption.
BASF broadens its range of bio-balanced ingredients for European detergent, cleaning, and industrial formulations
BASF is expanding its biomass-balanced EcoBalanced product range, doubling up on its commitment as a trailblazer in championing environmentally conscious solutions for detergent and cleaning products manufacturers and industrial formulators
Neste to supply SAF to Air New Zealand at Los Angeles International Airport
Neste and Air New Zealand have signed an agreement for the supply of nine million liters of neat Neste MY Sustainable Aviation Fuel.
- PetroChina profit boosted by stronger gas sales and fuel demand 4/29
- thyssenkrupp Uhde completes EnviNOx project for Dyno Nobel in Australia 4/29
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
