Carbon Management
KBC acquires Flaretot Limited, a software provider specializing in flare system designs
KBC announced it had acquired Flaretot® Limited, a leading simulation software provider specializing in the design and evaluation of flare systems for hydrocarbon processing plants.
Mitsubishi to buy low-carbon ammonia from ExxonMobil's hydrogen facility in Texas (U.S.)
Mitsubishi said it has reached a preliminary agreement to buy a stake in and offtake low-carbon ammonia from ExxonMobil's hydrogen facility in Texas. Part of its decarbonization drive, Japan is aiming to increase usage of hydrogen and its derivative, ammonia, for co-firing at power plants, usage in the steel and automobile industries and other areas.
Gevo to acquire Red Trail energy assets in North Dakota (U.S.)
Gevo Inc., a leading developer of net-zero hydrocarbon fuels and chemicals, has entered into a definitive agreement to acquire the ethanol production plant and carbon capture and sequestration (CCS) assets of Red Trail Energy LLC for $210 MM.
Polyplastics launches biomass-balanced LCP for reduced CO2 emissions
Polyplastics Co. Ltd., a global leader in engineering plastics, has announced the launch of LAPEROS (R) bG-LCP, a sustainable solution based on biomass-derived materials (mass balance approach) which reduces carbon dioxide (CO2) emissions and improves the renewable content ratio.
Occidental's 1PointFive secures funding of up to $500 MM from U.S. DOE
Occidental Petroleum's carbon capture and sequestration (CCS) unit 1PointFive said on Thursday that the U.S. Department of Energy's Office of Clean Energy Demonstrations (OCED) has committed up to $500 MM to support the development of its South Texas Direct Air Capture (DAC) Hub.
Singapore's largest data center to use Neste renewable diesel to power generators
Neste has helped ST Telemedia Global Data Centres (STT GDC) to become the first data center operator in Singapore to power its backup generators with renewable diesel.
Ceres Power Holdings signs SOEC systems license with Thermax to decarbonize hard-to-abate industries
The partnership will accelerate solid oxide electrolysis cell (SOEC) system development within the hard-to-abate green ammonia, petrochemical and steel industries in India and other territories.
Ineos to cease refinery operations at Grangemouth
Petroineos has announced its intention to cease refinery operations at Grangemouth and transition to a finished fuels import terminal and distribution hub during Q2 2025.
Marathon's Detroit refinery gets new air permit to boost crude throughput
Michigan's environmental agency on Tuesday issued a new air permit to Marathon Petroleum covering emissions from its Detroit refinery, which will allow the refiner to boost crude throughput at the plant.
Babcock & Wilcox awarded FEED contract for Canada’s first waste-to-energy plant with CCS
Babcock & Wilcox has been awarded a contract to conduct front-end engineering and design (FEED) for Varme Energy Inc.’s planned waste-to-energy with carbon capture and sequestration (CCS) project in Alberta, Canada.
- Portugal's Galp plans to start producing biofuels in 2026 12/20
- Prax and Shell call off deal on stake in PCK Schwedt oil refinery 12/20
- Nigeria's Dangote Refinery hits 85% refining capacity 12/20
- India's BPCL buys first Argentinian crude oil cargo for Feb. delivery 12/20
- Sinopec's Zhenhai oil refinery expands capacity to 40 MMtpy 12/20
- Oil via Russia's Druzhba pipeline halted by technical problems 12/20
