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Environment

Goldman Sachs: Global LNG market to grow by 50% by 2029

Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.

SUBLIME Energies introduces novel biogas liquefaction technology

SUBLIME Energies' new biogas liquefaction process efficiently transports and pools biogas produced by multiple farms, reducing initial investments and operating costs. 

Digital Feature: Can ships run on biofuel?

This article from ExxonMobil focuses on utilizing biofuels in the shipping sector.

Lummus, Ferroman partner to digitalize and decarbonize petrochemical furnace operations

Lummus Technology and Ferroman announced an agreement for digitalization and decarbonization of petrochemical furnace operations and delivery of high-performance static process equipment.

People

Hydrocarbon Processing Staff: Rhodes, Mike

Ipieca appoints ExxonMobil’s Paul Krishna as new Chair

Supercritical Solutions, HAMR Energy receive funding for renewable methanol plant project

Jericho Energy Ventures announced that its portfolio company, Supercritical Solutions and HAMR Energy have been awarded nearly AUD $1-MM in funding from the Australia-UK Renewable Hydrogen Innovation Partnership.

Germany approves unrestricted sales allowances of 100% renewable diesel

With this approval, Germany is following other EU countries in which the sale of 100% renewable diesel at public fueling stations has long been permitted.

X-Press Feeders' vessel is the first green methanol refueling in the Port of Singapore

X-Press Feeders, along with the Maritime and Port Authority of Singapore and PSA Singapore, achieved a historic milestone towards sustainable shipping with the arrival in Singapore and successful refueling of X-Press Feeders’ first dual-fuel vessel. This vessel, the first to dock and refuel with green methanol in the Port of Singapore, underlines the nation's commitment to supporting the transition to renewable fuels in the global maritime industry.

Neste expands its sustainable aviation fuel supply capabilities in Europe in partnership with VTTI

Neste has further expanded its capability to supply sustainable aviation fuel to customers in Europe in cooperation with VTTI, a global leader in energy storage and developer of energy infrastructure.

U.S. biodiesel imports have doubled since 2022

Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 bpd and continued to rise in the first two months of 2024.