Economics
Neste completes its organizational change process to improve long-term competitiveness
Neste announced that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working.
Avfuel and Neste ink extension of SAF supply agreement
Avfuel Corporation and Neste finalized a partnership extension that keeps the companies at the forefront of SAF supply for business aviation, cementing their leadership positions in the sustainable space.
Ukraine knocks out Russian refinery in major attack
Ukraine pounded targets in Russia with dozens of drones and rockets in an attack that inflicted serious damage on a major oil refinery and sought to pierce the land borders of the world's biggest nuclear power with armed proxies.
Idemitsu, Qantas and Airbus back Australia biofuel refiner with $19.2 MM
Biofuel refiner Jet Zero Australia said it had received new funding commitments of $19.2 MM from Idemitsu, Qantas and Airbus for its flagship SAF project.
Refined fuels and oil prices: long positions decline as distillate sales stall price rally
Benchmark oil prices plateau as investors finish repurchasing bearish short positions, impacting refined fuels and U.S. natural gas with declining sales and a short covering rally, respectively.
Brazil mills boost sugar capacity, 'leave' ethanol to corn processors
Brazil cane mills will boost their sugar production capacity as much as 10% in the new season from April to take advantage of relatively high sugar prices and as increasing supplies of corn make the grain a cheap feedstock for ethanol output.
Nissan starts trial of stationary power generation system fueled by bio-ethanol
Nissan Motor Co. Ltd. announced that it has developed a stationary, bio-ethanol-fueled system capable of high-efficiency power generation.
Make SAF, not electricity from household waste, urges boss of UK’s largest airports group
The UK risks missing out on a significant opportunity to reduce its carbon footprint by continuing to incinerate household waste, rather than use it to make SAF, according to a new study released by MAG.
New report identifies overwhelming enthusiasm for green utility provision in petrochemicals sector
A new report and survey into utility provision in the petrochemical industry has identified overwhelming enthusiasm for sustainable practices, with almost all process engineers surveyed stating they would pay substantially more for greener equipment.
Wärtsilä and EBDG collaborate on green methanol-powered barge
Technology group Wärtsilä has entered into a collaboration agreement with Seattle, (U.S). based naval architecture and marine engineering firm, Elliott Bay Design Group, to further develop EBDG’s Clean Harbor Alternative Mobile Power Barge design featuring Wärtsilä’s methanol engine technology.
- Sinopec's $4.5-B refinery in Sri Lanka to challenge India's fuel export market share 4/30
- Topsoe secures first SAF project in China 4/30
- Borouge increases Q1 net profit nearly 40% to $273 MM 4/30
- NEXTCHEM finalizes acquisitions of HyDEP and Dragoni to boost green H2 production tech 4/30
- Sponsored Digital Feature: Cut the carbon and boost sustainability 4/30
- Carbon Clean achieves fabrication milestone on FlagshipONE with the project’s first carbon capture unit module 4/30
