Europe
Germany blocks oil firms from using past emissions credits to support biofuel industry
The German cabinet approved reforms to restrict oil companies from carrying excess emissions reductions credits forward, in a step aimed at boosting the biofuel industry that was hit by a quick drop in carbon prices in recent years.
Digital Exclusive: U.S. flip-flop jeopardizes global treaty to end plastic pollution
Rob Benedict, Vice President, Petrochemicals and Midstream, American Fuel and Petrochemical Manufacturers (AFPM), details the Biden administration's (U.S.) flip-flop on allowing individual countries to take their own path to tackle plastics pollution, and instead, wants universal plastic production caps and the banning of certain chemicals. Mr. Benedict details why this approach will only hurt the global objective to end plastic pollution.
Exolum begins demonstration of transport and storage of green H2 in existing terminal infrastructure
Exolum has started the world’s first project to transport and store green H2 on a commercial scale in existing oil infrastructure using liquid organic H2 carriers (LOHCs).
Shell wins appeal against landmark Dutch climate ruling
Oil and gas major Shell on Tuesday won an appeal against a landmark ruling that required it to accelerate carbon reduction efforts, dealing a blow to campaigners who have turned to legal channels to pursue climate action.
Qair to develop 200,000-tpy e-methanol project on Haropa Port site in Le Havre (France)
Renewable energy company Qair announced that it has been awarded a parcel on Haropa Port site, in Le Havre, France, to develop its 200,000-tpy e-methanol production project Methavert.
GoodFuels successfully delivers sustainable B30 biofuel blend to Norwegian Dawn at Ijmuiden
Norwegian Cruise Line’s Norwegian Dawn received a GoodFuels B30 sustainable biofuel blend. The B30 biofuel blend, produced exclusively from feedstocks certified as 100% waste and residues, offers a sustainable alternative that avoids competition with food resources.
Catalyxx secures $5.8-MM Series A equity round to advance green chemistry technology
Catalyxx Inc., a leading innovator in green chemistry, has successfully completed a $5.8-MM Series A equity round led by Aether Chemical Investments, a single-asset investment vehicle sponsored by Beka Finance, a prominent investment firm specializing in high-growth companies with strategic potential.
Neste changes its guidance due to unplanned shutdown of Rotterdam refinery
Neste’s Rotterdam refinery has been shut down due to a fire on 8 November 2024. The fire has been extinguished and did not cause any injuries.
Repsol launches Nexa, the commercial brand of its 100% renewable premium diesel in service stations
Repsol has launched the commercial name of its 100% renewable diesel in its service stations: Nexa 100% Renewable Diesel, a premium fuel designed for all diesel engines.
Opinion: Trump-led oil and gas export boom may go bust in Europe trade spat
Oil and gas producers in the U.S. expect to find it easier to ramp up production and exploration under the incoming second administration of Donald Trump. Finding local and lucrative markets for their wares may be the bigger challenge.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
