Environment
Digital Exclusive: The role of integrated and derisked technologies as a cornerstone of eFuels deployment
Axens offers fully integrated, proven solutions to produce fuels from CO2 through the Fischer Tropsch (F-T) and ethanol-to-jet (ETJ) pathways that meet emerging market demand.
Opinion: The future of the energy transition will be fractured, bumpy and long
The landmark UN COP21 climate agreement signed in Paris on December 12, 2015 saw 195 nations commit to setting binding targets to reduce greenhouse gas emissions to limit global warming to "well below" 2ׄ°C above the pre-industrial levels. The ambition has in recent years been strengthened to 1.5°C.
Quick wins on cutting methane dogged by a slow transition
The pledge to cut methane emissions by 30% below 2020 levels by 2030 has been signed by 159 countries plus the EU. Many of them have developed, or are working on, methane action plans, and billions of dollars have been committed to the effort.
IEA: World oil and gas demand could grow until 2050
The Paris-based energy security watchdog predicted in its annual outlook that the world will likely fail to meet its goal to cap the rise in temperatures to as close as possible to 1.5°C degrees (2.7°F) above pre-industrial times to avoid the most devastating effects of climate change.
Carbon Clean and SAMSUNG E&A to accelerate global deployment of carbon capture solutions
The partnership brings together Carbon Clean’s patented CycloneCC™ technology, a fully modular, columnless carbon capture system, with SAMSUNG E&A’s deep EPC expertise and AHEAD execution model to deliver compact, pre-fabricated systems that can be deployed faster, at lower cost, and with minimal site disruption.
AFPM: The only lawful, acceptable number for RFS reallocation is zero
The supplemental proposal, issued in September as an addendum to EPA’s June RFS proposal, seeks to add to the already-historically-high 2026–2027 RFS biofuel blending mandates by reallocating RFS costs waved from some refineries over the course of 2023 to 2025 onto the next tranche of RFS obligations imposed on all refiners.
Portugal's chemicals sector needs to spend $35 B on decarbonization, industry group says
The sector currently invests an average of around €1 B per year in growth, manufacturing processes, and energy efficiency, but only a portion is targeted at decarbonization.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
