Carbon Management
CCS market anticipated to reach a valuation of nearly $10.2 B by 2031
As per industry analysis on carbon capture and storage by Fact.MR, the global market is anticipated to be valued at $2.9 B in 2021, expanding at a high CAGR of 13.4 % over the forecast period of 2021-2031.
INEOS Inovyn secures long-term green power supply deal for its Norwegian sites
INEOS Inovyn and Statkraft have today renewed their long-standing partnership in Norway by signing two new long-term power agreements to supply renewable energy for INEOS Inovyn’s Rafnes and Porsgrunn sites.
Japan's Kobe Steel, JERA launch new power units
Energy-poor Japan is expanding its in cleaner fuels, such as ammonia and hydrogen, and is developing carbon capture projects, as it moves towards its goal to reach carbon neutrality by 2050, on par with other developed nations.
Valero JV approves sustainable aviation fuel project at Texas plant
Refiner Valero Energy Corp and Darling Ingredients Inc said on Tuesday that their joint venture had approved a project to upgrade about half of the production capacity of Port Arthur renewable diesel plant in Texas to sustainable aviation fuel.
United Airlines announces JV to develop sustainable fuel using ethanol
United Airlines Holdings Inc this week announced a new joint venture to develop and commercialize an SAF technology that will use ethanol as a feedstock.
KP Engineering acquired by The Shaw Group
This strategic acquisition will further enable Shaw to deliver complete engineering, procurement, and fabrication (EPF) project solutions to a variety of industries around the world.
India's Reliance stops local petcoke sales, boosts imports
Petroleum coke is a carbon intensive solid residue left over from coking units in oil refineries that break down residual oil into more highly valued products. Petcoke, as it is known, can be used as a coal substitute in both steelmaking and in power plants.
ExxonMobil awards FEED for world's largest low-carbon hydrogen facility
ExxonMobil announced the next step in the development of the world’s largest low-carbon hydrogen production facility with a contract award for front-end engineering and design.
Baker Hughes unveils new digital solutions for more intelligent operations and cleaner energy
Baker Hughes announced at its annual meeting in Florence, Italy, the introduction of multiple new digital solutions and investments to advance more intelligent and energy-efficient operations.
Emirates operates milestone demonstration flight powered with Neste MY SAF
Emirates has operated its first milestone demonstration flight on a Boeing 777-300ER, powering one of its engines 100% with Neste’s SAF.
- Saudi Arabia was top buyer of Russian fuel oil and VGO in November 12/23
- Digital Exclusive (sponsored): NXRe™: A novel recycling technology to support the plastics industry in creating efficient and effective circular value chains 12/22
- 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
