Carbon Management
P2X-Europe hits milestone for power-to-liquids project in Portugal
The PIN Award is a qualification reserved for investments that make a significant contribution to the country’s economy. The formal recognition is an official expression of confidence as it endorses overall project design as well as economic, financial, technical, and environmental viability.
INNIO Waukesha and Detechtion Technologies announce technology collaboration
INNIO Waukesha Gas Engines Inc, and Detechtion Technologies Inc. announced a technology collaboration that will expand asset connectivity, drive a customer-centric digital ecosystem and empower our customers' transition to decarbonization.
Boeing and Alder Fuels partner to scale SAF globally
Boeing and Alder Fuels announced a new partnership to expand production of sustainable aviation fuel (SAF) around the world. Using Boeing airplanes, the companies will test and qualify Alder-derived SAF, advance policies to expedite the transition to renewable energy in aviation.
Technip Energies and National Petroleum Construction Company create joint venture to accelerate energy transition
The new joint venture NT ENERGIES LLC aims to support energy transition in the UAE, the broader Middle East region and North Africa by providing added value services in blue and green hydrogen and related decarbonization projects
The downstream rundown: In case you missed it 7/15
In case you missed any downstream news, here are the top stories from last week.
BP aims to start producing SAF in Australia by 2025
BP is aiming to start producing sustainable aviation fuel (SAF) in Australia by 2025 after converting its oil refinery near Perth to produce renewable fuels.
Shell wants to share more of its blockbuster profits, CEO says
Shell is considering boosting shareholder returns on the back of bumper profits from soaring energy prices, while the extra cash will also help it shift more swiftly towards renewables and low-carbon energy.
Neste to receive funding from the EU Innovation Fund for chemical recycling project in Porvoo
Neste has received a positive grant decision for up to EUR 135 MM from the EU Innovation Fund for the company’s project to build chemical recycling capacities at its Porvoo refinery in Finland.
bp and thyssenkrupp Steel work together to advance the decarbonization of steel production
bp and thyssenkrupp Steel announced they have signed an MoU focused on the development of long-term supply of low carbon hydrogen and renewable power in steel production.
Neste delivers first ever CORSIA certified SAF to American Airlines
For the first time in aviation history a CORSIA certified batch of sustainable aviation fuel (SAF) was delivered to a commercial airline.
- 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
