Environment
Japanese companies and Petronas to develop CCS project offshore Malaysia
Japanese companies have agreed to develop a carbon capture and storage (CCS) project with Malaysian energy firm Petronas which should start holding its first carbon dioxide (CO2) emissions from end-2028.
Maersk to buy 500,000 tpy of bio-methanol/e-methanol from China's Goldwind
Danish shipping group Maersk has agreed to buy 500,000 tpy of bio-methanol and e-methanol from China's Goldwind starting in 2026.
Neste to distribute renewable diesel in France
Neste is partnering with two new distributors in France to make Neste MY Renewable Diesel™ available for the first time in the market, starting in January 2024.
China plans pilot projects to boost use of biodiesel
China will launch a series of pilot projects to spur domestic production and consumption of biodiesel, according to the National Energy Administration.
Braskem receives grant from REMADE for its polymer recycling technology
Braskem's polymer recycling technology research partnership has been awarded a $504,000 Research, Demonstration, and Development (RD&D) grant from the Reducing Embodied Energy and Decreasing Emissions (REMADE) Institute
Neste partners with Hightowers Petroleum to offer renewable diesel in U.S.
Neste and Hightowers Petroleum have formed a strategic partnership to offer Neste MY Renewable Diesel to customers in the Midwest U.S.
thyssenkrupp to supply processing tech for Australian urea unit
thyssenkrupp Fertilizer Technology has signed a contract with Saipem to license a urea granulation unit in Karratha, Western Australia.
CVR Energy to pay $23 MM for excess pollution from Kansas (U.S.) refinery
CVR Energy has agreed to pay more than $23 MM for emitting excess sulfur dioxide (SO2) from its petroleum refinery in Coffeyville, Kansas, in a settlement announced by the U.S. Justice Department and Environmental Protection Agency (EPA).
GS Caltex sells its first bio-marine gasoil bunker in Singapore
GS Caltex Singapore Pte Ltd sold its first cargo of biofuel-blended marine gasoil to Maersk Oil Trading in Singapore, as it seeks to expand into lower carbon fuels.
Yara to store CO2 from Dutch plant under Norway seabed
Fertilizer maker Yara has signed a binding agreement to capture CO2 emissions from its Dutch ammonia plant and transport it to the Norwegian North Sea for storage deep beneath the seabed.
- 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
