Environment & Safety
KLM Group’s CO2 emission reduction targets for 2030 approved by SBTi
Together with Air France-KLM and Air France, the KLM Group commits to reducing its CO2 emissions by 30% per revenue ton kilometer (RTK) by 2030.
Alberta premier says province open to providing carbon capture tax credits
Canada's main oil-producing province Alberta is open to bolstering tax credits for carbon capture and storage (CCS) technology but also wants the federal government to increase financial support, Premier Danielle Smith said this week.
Nghi Son refinery to shut for 55 days from August 25 for maintenance
Vietnam's largest refinery, Nghi Son, will be shut down for 55 days starting August 25 for major maintenance.
TPG-owned Anew Climate invests up to $640 MM in Terra Global
Anew Climate LLC, a TPG Inc-owned provider of carbon emission reduction products to businesses, has agreed to invest as much as $640 MM in carbon offset developer Terra Global Capital.
Green industries could be worth $10.3 T to economy by 2050
Industries helping the world shift to net-zero emissions could be worth $10.3 T to the global economy by 2050, sustainable development consultancy Arup and economics advisory firm Oxford Economics said in a report on Tuesday.
Sinopec releases China Energy Outlook 2060, anchoring new path of energy transformation development
This is Sinopec’s first publicly released research findings of their medium and long-term energy outlook, providing a new perspective for the scientific planning of transformation and development of China’s energy and chemical industries.
Darling Ingredients expects 20% growth in 2023
Renewable fuel producer Darling Ingredients Inc expects 20% growth for the company in 2023, the chief executive said this week, as governments worldwide push for energy solutions to lower carbon emissions.
ADNOC allocates $15 B to low-carbon solutions, new energies and decarbonization technologies
The announcement follows the guidance by ADNOC’s Board of Directors in November 2022 to accelerate delivery of its low-carbon growth strategy and the approval of its Net Zero by 2050 ambition.
Sponsored Content: How can we deliver one of the fuels of the future?
The world needs more energy than ever before. Which means we need a sustainable system that can meet these growing demands, whilst also addressing CO2 emissions and the overall impact on the environment.
Brussels Airlines starts new year with first delivery of Neste MY SAF to Brussels Airport
Brussels Airlines, the flag carrier of Belgium and part of the Lufthansa Group, has started the new year by being the first airline receiving a delivery of Neste MY Sustainable Aviation Fuel at Brussels Airport for the first time using the NATO Central European Pipeline System.
- Phillips 66 and Kinder Morgan announce open season extension for Western Gateway refined products pipeline 3/25
- Econotherm awarded contract for heat pipe heat exchanger in a Thai refinery 3/25
- Tecnimont awarded $50-MM rehab study contract for Guaracara refinery upgrade project 3/25
- Japanese refiners raise runs as stockpile release begins 3/25
- HyOrc signs binding agreement for European waste-to-methanol project 3/25
- Vietnam's Nghi Son refinery has crude oil for uninterrupted operations until end of May 3/25
