Economics
OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'
The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.
Cargill to boost biodiesel production through acquisition of Granol's soy crushers in Brazil
The U.S. company last month announced a binding offer to buy the soy crushing plants as it looks to boost biodiesel production and expand operations in the world's biggest soy producer.
Global diesel shortage boosts prices
Global distillate fuel oil inventories remain much lower than normal for the time of year which is putting strong upward pressure on fuel prices.
Nigeria awards 42 contracts under delayed flaring program
Nigeria has awarded contracts to 42 companies under a program to harness gas which is released as a byproduct of oil production.
EU lawmakers approve binding green fuel targets for aviation
The European Parliament adopted a deal to set binding targets for airlines in Europe to increase their use of SAF.
bp commits to Germany with $11-B low-carbon investment push
bp plans to invest up to €10 B ($10.7 B) in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.
Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1 to KKR
Sempra Infrastructure announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.
Historic SAF delivery arrives in Copenhagen – growing demand in Danish aviation
To meet growing demand for SAF from airlines, DCC & Shell Aviation Denmark are now, for the first time in Denmark, establishing a large inventory of bio-based aviation fuel, SAF.
Evonik expands catalyst production in China
Evonik Industries has completed the relocation and expansion of its precious metal powder catalyst plant in Shanghai Chemical Industrial Park (SCIP).
USDA to adjust GHG model to help ethanol get aviation fuel subsidy
The U.S. Department of Agriculture will spend up to $400,000 to adjust a federal greenhouse gas emissions model to ensure that aviation fuel made from corn-based ethanol is eligible for hefty subsidies.
- Digital Exclusive: Automation and digital technologies' role in the energy transition-A discussion with Yokogawa 1/9
- Neste MY Renewable Diesel introduced to the Italian market in collaboration with fuel distributor Firmin 1/9
- U.S. DOE and EPA announce $6 MM to support development of advanced biofuels 1/9
- U.S. oil imports from Canada hit record ahead of tariff threat 1/9
- SOCAR's STAR oil refinery to supply jet fuel for Istanbul Airport 1/9
- Idemitsu to begin trial of non-edible oilseed crop for SAF 1/9
