Carbon Management
The downstream rundown: In case you missed it 7/29
In case you missed any downstream news, here are the top stories from last week.
CapturePoint proposes new carbon capture facility for Louisiana
CapturePoint LLC has submitted an application to build a carbon capture storage facility in Rapides Parish, Louisiana, roughly 90 miles north of Lafayette.
4AIR and NATA collaborate for first-ever SAF delivery receipt for business aviation
The National Air Transportation Association (NATA) in partnership with 4AIR announced the release of a first-ever SAF receipt for business aviation.
Sainsbury’s partners with Williams Advanced Engineering for sustainable start-up projects with £5 MM investment
Sainsbury’s has announced the launch of Sainsbury’s Innovation Investments which will invest a minimum of £5 MM over the next four years into start-up businesses commercializing innovative, sustainable technologies that look to reduce operational carbon emissions and water usage.
bp opens its first electric truck charging facilities to support the decarbonization of transport
bp has opened its first ultra-fast-charging facilities aimed at medium and heavy-duty electric trucks to support the decarbonization of the sector – where, according to the IEA, tailpipe CO2 emissions have increased on average 2.2% annually since 2000.
Neste to acquire Walco Foods to strengthen its renewable raw material sourcing
Neste, a leading producer of renewable diesel and SAF-produced from waste and residue raw materials, has agreed to acquire 100% of Walco Foods, an Irish trader of animal fats.
Avfuel, Neste collaborate to help business aviation reach net-zero goals faster
Given Neste’s expertise in renewable fuels and its fast-growing production capacity of SAF, Avfuel chose Neste as its strategic partner in January 2021 to develop an efficient and continuous supply of Neste MY Sustainable Aviation Fuel throughout North America and overseas.
The downstream rundown: In case you missed it 7/22
In case you missed any downstream news, here are the top stories from last week.
American Airlines, Gevo sign agreement for purchase of SAF
American Airlines announced it has finalized an agreement with biofuel company Gevo, Inc. for SAF. Over five years, American has committed to purchasing 500 MM gallons of SAF, the most significant SAF offtake commitment to date for the carrier.
Technip Energies wins contract with Neste for renewable products refinery expansion in Rotterdam
Technip Energies has been awarded a significant contract by Neste for the expansion of their renewable products production capacity in Rotterdam, the Netherlands, as part of the existing Partnership Agreement between Technip Energies and Neste.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
