Environment & Safety
2022 SAF production increases 200%
The International Air Transport Association (IATA) estimates that SAF production will reach at least 300 MM liters in 2022—a 200% increase on 2021 production of 100 MM liters.
Mexico's Pemex sees poor environmental record as threat to financing
Mexican state oil company Pemex said it has been falling behind in a global race to transition from fossil to renewable energy sources, and that stricter demands from environmentally conscious investors pose a threat.
Fire at Lanaz refinery in Iraq's Erbil under control
A fire at the Lanaz refinery in the northern Iraqi city of Erbil has been brought under control by civil defence teams, the state news agency INA reported.
Japan minister signs clean energy cooperation document during Saudi visit
Saudi Arabia and Japan signed a memorandum of cooperation (MoC) in the fields of the circular carbon economy, carbon recycling, clean hydrogen and fuel ammonia, the Saudi Energy Ministry said on Twitter.
VistaJet, AEG Fuels partner with SAF deal
VistaJet continues to push forward with its plan for more sustainable aviation solutions and announces an agreement with AEG Fuels to purchase SAF produced by OMV at Vienna International Airport.
Nippon Cargo Airlines to use Neste MY Sustainable Aviation Fuel for their cargo flights reducing the emissions of cargo transport
Nippon Cargo Airlines (NCA), the only international cargo airline based in Japan, has for the first time used Neste MY Sustainable Aviation Fuel for several cargo flights in November and December this year.
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.
Harvest to buy storm-hit refinery-turned-terminal from Phillips 66
Harvest Midstream will buy the Belle Chasse terminal in Louisiana from U.S. refiner Phillips 66, the privately held company said this week, a move that will boost its existing regional crude pipeline systems.
Technip Energies wins contract from Chevron Phillips Chemical and QatarEnergy for the Golden Triangle Polymers ethane cracker
Technip Energies has been awarded a contract for the supply of proprietary cracking furnaces for the 2 MMtpy ethane cracker for the Golden Triangle Polymers project.
TC Energy has submitted plan to restart Keystone pipeline after spill
TC Energy Corp has submitted its plan to restart the Keystone pipeline to U.S. regulators, a source familiar with the matter said on Tuesday, nearly two weeks after the line ruptured in the worst oil spill in the United States in nine years.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
