Greenhouse Gases

Repsol and Bunge to boost development of renewable fuels in Europe with intermediate crops

The companies will collaborate to process intermediate crops into low-carbon intensity oils to be used as feedstock for the production of renewable diesel or sustainable aviation fuel (SAF).

Repsol surpasses 1,000 service stations with 100% renewable Nexa Diesel

The multi-energy company's goal is to end the year with 1,500 service stations offering this fuel in the Iberian Peninsula.

INEOS CEO Sir Jim Ratcliffe: Carbon tax and high energy costs are killing off manufacturing in Britain

Dow Chemical delays construction on multi-billion-dollar Path2Zero project in Fort Saskatchewan, Alberta, Canada

After a reported Q1 loss, Dow Chemical plans to launch an action plan to further reduce spending and deliver $6 B in cash support. The plan includes delaying construction on the company's multi-billion-dollar Path2Zero project in Alberta, Canada.

Eckero Line to use Neste renewable diesel for commercial maritime transport

Neste and Finnish company Eckerö Line, which operates ferry services between Helsinki and Tallinn, are continuing their collaboration to reduce maritime emissions. Eckerö Line provides freight and passenger services on the Baltic Sea and is the first company in Finland to adopt Neste MY Renewable Diesel™ for commercial maritime transport.

Taiwan starts sustainable aviation fuel supply for domestic carriers

Taiwan supplied for the first time a blend of sustainable aviation fuel (SAF) to refuel planes owned by three domestic carriers at several airports across the country, the Civil Aviation Administration (CAA) said.

UN shipping agency strikes deal on fuel emissions, CO2 fees

Countries at the U.N. shipping agency struck a deal on a global fuel emissions standard for the maritime sector that will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels.

Fortescue, CMB.TECH sign agreement for ammonia-powered ore carrier

CMB.TECH NV has signed an agreement with Fortescue to charter a new ammonia-powered vessel.  This emphasizes the commitment of both companies to decarbonize the shipping industry.

bp halts plans to make clean jet fuel at Spain plant

bp has decided to halt plans to produce clean jet fuel at its Castellon oil refinery in Spain. The decision to pause the biofuel investment was driven by weaker-than-anticipated growth in the market.

Reliance: India's gasoline demand to peak by 2035, diesel by 2041

India's gasoline demand is expected to peak by 2035, and gasoil (diesel) consumption by 2041 or beyond as motorists shift to cleaner fuels, an executive at Reliance Industries said.