Carbon Management

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.

MHIENG wins contract for a FEED study relating to CO2 capture

The objective of this FEED study is to implement the CO2 capture plant at the repowered Genesee Generating Station Units 1 & 2, owned by Capital Power in Alberta.

World Fuel Services is now an authorized branded distributor of Neste MY Sustainable Aviation Fuel with the first supply location in France

Paris-Le Bourget Airport is the first location in France where World Fuel delivered Neste’s sustainable aviation fuel (SAF) as the authorized branded distributor.

Neste, MAN and Altens sign a partnership to promote biofuels in France

Sharing a common vision where biofuels have a key role to play in reducing the greenhouse gas emissions in transportation – Neste, MAN and Altens have signed a partnership contract aimed at promoting biofuels in France.

Enabling a circular economy delivery model through truckable modularization

Villegas, M., Koch Modular Process Systems

As resources become scarcer, and as costs continue to rise, companies are looking for new methods to reduce their material feedstock costs and remain competitive.

Maire Tecnimont wins $300 MM low-carbon ammonia synloop EPC

Maire Tecnimont announced that its subsidiary Tecnimont, in cooperation with its sister company Nextchem, has been awarded a Lump Sum Turn-Key EPC contract for a low-carbon ammonia Synloop facility.

Wärtsilä supplies battery to Pivot Power as part of cutting-edge Energy Superhub Oxford project

The hybrid battery system, which was officially launched at the opening of Energy Superhub Oxford (ESO), will play an essential role in the UK’s shift to renewables.