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Economics

Solvay joins the Cyber Security Coalition to strengthen digital defenses

Solvay has become a member of the Cyber Security Coalition, a key step to strengthen its cyber defense capabilities and build a solid and secure digital ecosystem.

RINA grants Kindon New Energy Technology Approval in Principle for DAC green methanol offshore platform

The inspection, certification, ship classification and engineering consultancy multinational, RINA, has awarded Kindon New Energy Technology the Approval in Principle for its innovative green methanol offshore production platform solution.

Southwest Airlines acquires SAFFiRE Renewables and strengthens focus on sustainability

Southwest Airlines Co. announced the acquisition of SAFFiRE Renewables, LLC as part of the investment portfolio of its wholly owned subsidiary Southwest Airlines Renewable Ventures, LLC which is dedicated to creating more opportunities for Southwest to obtain scalable SAF.

Greece arrests member of gang that raked in $21 B from fuel-product smuggling

Greek authorities have arrested a senior member of an international gang that smuggled Latin American fuel products for illegal sale around the world, raking in an estimated profit of more than $21 B.

ADNOC cuts Upper Zakum oil exports sharply after diverting supply to refinery

Exports of Upper Zakum crude from the United Arab Emirates fell sharply in March after ADNOC diverted more supply to its own refinery and boosted shipments of its lighter Murban oil.

Japan's JERA starts ammonia co-firing trial at coal power station

JERA said it has begun a demonstration of co-firing 20% of ammonia with coal at its Hekinan thermal power station in central Japan, in what it said is the world's first trial using a large amount of the gas at a major commercial plant.

INEOS completes acquisition of TotalEnergies' Lavera petrochemical assets in Southern France

INEOS has completed the acquisition of TotalEnergies’ 50% share of Naphtachimie, Appryl, Gexaro and 3TC announced on July 5th.

INEOS completes acquisition of TotalEnergies' Lavera petrochemical assets in Southern France (1)

INEOS has completed the acquisition of TotalEnergies’ 50% share of Naphtachimie, Appryl, Gexaro and 3TC announced on July 5th.

Ryanair purchases 1,000 tons of SAF from Shell

Ryanair announced that it has purchased 1,000 tons of SAF from global energy group, Shell, and will be supplied to the airline at its Stansted Airport base.

Dow and Procter & Gamble to develop a new proprietary recycling technology targeting hard-to-recycle plastic waste

Dow and the Procter & Gamble Company announced a joint development agreement  to create a new recycling technology to enable efficient conversion of hard-to-recycle plastic packaging into recycled polyethylene with near-virgin quality and a low greenhouse gas emissions footprint.