Carbon Management
Decarbonization is at the forefront of environmental innovation
Earth’s carbon dioxide levels have increased appreciably within the last several decades, which directly correlates to rising environmental concerns of GHG emissions, pollution and disruptions of marine and terrestrial environments, among others.
2022 SAF production increases 200%
The International Air Transport Association (IATA) estimates that SAF production will reach at least 300 MM liters in 2022—a 200% increase on 2021 production of 100 MM liters.
Mexico's Pemex sees poor environmental record as threat to financing
Mexican state oil company Pemex said it has been falling behind in a global race to transition from fossil to renewable energy sources, and that stricter demands from environmentally conscious investors pose a threat.
Japan minister signs clean energy cooperation document during Saudi visit
Saudi Arabia and Japan signed a memorandum of cooperation (MoC) in the fields of the circular carbon economy, carbon recycling, clean hydrogen and fuel ammonia, the Saudi Energy Ministry said on Twitter.
VistaJet, AEG Fuels partner with SAF deal
VistaJet continues to push forward with its plan for more sustainable aviation solutions and announces an agreement with AEG Fuels to purchase SAF produced by OMV at Vienna International Airport.
Nippon Cargo Airlines to use Neste MY Sustainable Aviation Fuel for their cargo flights reducing the emissions of cargo transport
Nippon Cargo Airlines (NCA), the only international cargo airline based in Japan, has for the first time used Neste MY Sustainable Aviation Fuel for several cargo flights in November and December this year.
JPMorgan sets 2030 emissions targets for polluting industries
JPMorgan said it had set targets to cut emissions tied to its finance and dealmaking in the iron and steel, cement and aviation sectors, as those emissions linked to oil and gas usage rose.
Topsoe is technology partner in Europe's largest green-fuel project for shipping
Ørsted takes final investment decision to build Europe’s largest production facility, FlagshipONE, for green fuel for the shipping industry.
Neste helps the data center LCL become industry-first in Belgium to use Neste MY Renewable Diesel to power its emergency power generators
Neste is helping the data center specialist LCL make a switch to renewable energy sources for its emergency power generators by providing the company with Neste MY Renewable Diesel.
Adding EVs to U.S. biofuels law is environmental agency's 2023 task
The Biden administration could change the nation's biofuel blending law next year to offer lucrative credits to electric vehicle manufacturers like Tesla, a major rewrite that the oil industry criticizes as subsidizing the EV industry.
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