Environment
Jet Zero Australia and Apeiron Bioenergy secure Go-Green Grant funding for SAF partnership in Australia and Singapore
Apeiron AgroCommodities Pte Ltd, one of the largest used cooking oil collectors in Asia, and Jet Zero Australia Pty Ltd, an Australian bioenergy company backed by Airbus and Qantas, have partnered on a SAF project under a proposed 50:50 joint venture.
N2O removal system for ammonia-fueled ships selected to receive developmental support from Japan’s Green Innovation Fund
Hitachi Zosen Corporation and Nippon Yusen Kabushiki Kaisha announced that their jointly proposed "Development of N2O Reactor for an Ammonia-Fueled Ship" has been selected by the Japan’s New Energy and Industrial Technology Development Organization as a “Next-Generation Ship Development”.
Ryanair to take additional 500 tons SAF from OMV in 2024
Following Ryanair’s purchase of 500 tons of SAF from OMV in October last, the airline has announced that it will take an additional 500 tons of SAF from OMV in 2024.
India's Hydrogen Ambitions: Powering the Future with Green Fuel
India has launched the ambitious National Green Hydrogen Mission in January 2023, aiming to become a global leader in the production, utilization, and export of this clean fuel.
Ethanol's dwindling discount to gasoline could slow U.S. biofuel demand
Ethanol's smallest discount to gasoline in seven months could reduce demand for U.S. biofuels and make higher ethanol blends such as E85 less profitable.
Malaysia to monitor changes in EU curbs on palm biofuel after WTO ruling
Malaysia said it will closely monitor how the EU responds to a WTO ruling that supported the bloc's stance that biofuels causing deforestation cannot be regarded as renewables, but sought changes in how it implemented that decision.
Jupiter Ionics raises $9-MM to progress their electrochemical green ammonia technology
A greener way to feed the world is one step closer with Jupiter Ionics’ $9 million capital raise to progress their electrochemical green ammonia technology.
Copenhagen Infrastructure Partners announces investments and agreements with LOTTE Chemical Corporation
The memorandum of understanding between CIP and LOTTE is intended to support collaboration on clean ammonia projects.
NextChem expands its low carbon portfolio with the acquisition of Gascontec, gaining innovative patents in hydrogen, ammonia, and methanol
MAIRE announced that NEXTCHEM has signed a binding agreement to acquire 100% of GasConTec Gmbh, an innovative company specialized in technology development and process engineering founded in 2017 and based in Bad Homburg, Germany.
EU wants fossil fuel sector to help pay to combat climate change
The European Union is set to call for the fossil fuel industry to help pay for fighting climate change in poorer countries under a United Nations target, a draft document shows, as nations prepare for talks this year on a global finance goal.
- Russia's Ryazan oil refinery restores crude processing to 60% of pre-attack level 3/28
- Global refinery capacity totaling 3.6 MM bpd at high-risk of closure 3/28
- More than 20% of global oil refining capacity at risk, analysis finds 3/28
- SABIC Fujian Petrochemicals advances major ethylene project with Lummus technologies and services 3/28
- Singapore fuel oil stockpiles slip to two-week low 3/28
- Sri Lanka minister says Sinopec to start work on refinery by June 3/28