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Carbon Management

Fidelis' AtmosClear signs agreement with Microsoft for high-quality carbon removal from project in Louisiana (U.S.)

AtmosClear BR LLC, a portfolio company of Fidelis, has signed a contract with Microsoft for 6.75 MM tonnes (t) of engineered carbon removal over 15 yr from bioenergy carbon capture and storage (BECCS).

OQ, Royal Vopak partner to accelerate development of Duqm as an integrated industrial hub

OQ, spearheading the development of Duqm in Oman as a premier integrated hub for hydrocarbons, chemicals, and low-carbon products, and Royal Vopak entered into an exclusive partnership framework agreement in the Special Economic Zone at Duqm (SEZAD). This is a significant step for a strategic alliance that aims to unlock future growth opportunities in industrial and energy terminal infrastructure and sustainable energy transition facilities in SEZAD. 

UN shipping agency strikes deal on fuel emissions, CO2 fees

Countries at the U.N. shipping agency struck a deal on a global fuel emissions standard for the maritime sector that will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels.

Fortescue, CMB.TECH sign agreement for ammonia-powered ore carrier

CMB.TECH NV has signed an agreement with Fortescue to charter a new ammonia-powered vessel.  This emphasizes the commitment of both companies to decarbonize the shipping industry.

Project Greensand: Öresundskraft, INEOS agree to store 210,000 tpy of CO2 from Sweden in Denmark

Öresundskraft Kraft & Värme AB and INEOS on behalf of Project Greensand have signed an agreement to investigate the opportunity to store up to 210,000 tpy of carbon dioxide (CO₂) from Sweden in Denmark.

U.S. oil, biofuel group recommends 5.25 Bgal in biomass diesel mandates

A U.S. and biofuel coalition recommended that the Environmental Protection Agency propose federal mandates for biomass diesel blending for 2026 at 5.25 billion gallons (Bgal), which would be a significant increase from previous mandates.

Ukraine will add bioethanol to petrol from May, seeks first imports from EU

Ukraine will introduce the mandatory addition of 5% bioethanol to motor fuel from May 1 to meet EU sustainability regulations, and some European refineries have already started producing fuel for Ukraine.

thyssenkrupp Uhde to deliver sustainability and digital services for Brunei Fertilizer Industries

This agreement signifies a key milestone in the ongoing collaboration between the two companies, aimed at advancing digitalization and implementing clean technologies in the fertilizer industry.

CF Industries, JERA, Mitsui & Co. form JV for production and offtake of low-carbon ammonia

CF Industries Holdings Inc., a leading global producer of ammonia, has formed a joint venture (JV) with JERA Co. Inc. (JERA), Japan’s largest energy company, and Mitsui & Co., Ltd. (Mitsui), a leading global investment and trading company, for the construction, production and offtake of low-carbon ammonia.

Neste begins SAF production at its renewables refinery in Rotterdam, the Netherlands

Neste has started producing SAF at its renewable products refinery in Rotterdam, the Netherlands. The refinery has been modified to enable Neste to produce up to 500,000 tpy of SAF.

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