Environment
INERATEC secures €70-MM financing commitment for Europe’s largest eFuel production
Sustainable eFuel production pioneer INERATEC has formally agreed to a €40-MM venture debt loan with the European Investment Bank (EIB) and a €30-MM grant with Breakthrough Energy Catalyst. The combined €70 MM backing will finance construction of Europe`s largest sustainable eFuel production plant in Frankfurt and eFuel research and development of future, key steps in decarbonizing aviation.
Digital Feature (sponsored): Three questions oil and gas companies should ask to improve their operations risk management
The article will discuss the five broad categories that most of this industry’s risk falls under and address the three—equally important—areas that can have a major impact on the quality of an oil and gas company’s overall operations risk management (ORM) strategy.
Lummus Technology, Resynergi announce commercialization of microwave-powered plastic pyrolysis technology
Lummus Technology and Resynergi announced the commercialization of Resynergi's Continuous Microwave Assisted Pyrolysis Modules, which converts plastic waste into circular pyrolysis products significantly faster and more efficiently than traditional pyrolysis methods.
Mercedes-AMG Petronas to use sustainable carbon fiber composites in Formula 1 racecars
Mercedes announced the first steps on the road towards sustainable carbon fiber composites. In concrete terms, this means that Mercedes will qualify and apply sustainable carbon fiber composites to their race cars during the 2025 Formula 1 season, without sacrificing any on-track performance.
LNG retrofits surge as maritime industry seeks short-term carbon reduction solutions
A surprising development in 2024 was the resurgence of LNG retrofits as shipowners sought immediate carbon reductions to navigate regulatory requirements. More than 305 LNG-fueled ships were ordered last year, accounting for approximately 14% of newbuilding orders, significantly outpacing methanol and ammonia alternatives.
ClearSign Technologies debuts new ClearSign Core M Series process burner technology
ClearSign Technologies Corporation announced that following the installation of a new burner technology into the Texas Gulf coast facility of a global chemical company, the company is reporting selective catalytic reduction (SCR) level nitrogen oxide (NOx) emissions in addition to high heat transfer efficiency within the heater.
Digital Exclusive: The future of gas turbines in the green revolution
With the rise of renewables wreaking dramatic changes to gas turbine operational modes, there is now an increased focus on minimizing operational costs. Gas turbines may be here to stay, but filter systems must remain relevant and efficient, as well. While today’s gas turbines run almost exclusively on fossil fuels like natural gas, it would be a misconception to consider them obsolete technology. Not only are gas turbines extremely efficient, but they possess qualities that are not just desirable but will remain essential even in a future energy system completely separated from the carbon-emitting fuels that presently dominate it.
Fire put out at oil refinery in Baku (Azerbaijan)
A fire at a 130,000-bpd oil refinery in Azerbaijan's capital Baku was extinguished on Wednesday, emergency cervices said.
Solvay to nearly halve CO2 emissions at Torrelavega plant by 2027 with major biomass project
Solvay is taking another decisive step to phase out coal at its soda ash and bicarbonate plants with a new energy transition project in Torrelavega, Spain, aiming to nearly halve carbon dioxide (CO2) emissions by 2027 and ensure the site’s long-term competitiveness.
Shell is considering selling off chemical assets in Europe and the U.S.
Shell is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported, citing sources familiar with the matter. The energy group has hired Morgan Stanley to conduct a strategic review of its chemicals operations, the report said.
- Update: IATA airlines chief warns aviation industry falling behind on net-zero 4/7
- Improved recycling of plastic from packaging waste 4/7
- India not to raise petrol, diesel retail prices despite tax hike 4/7
- China teapot oil refiners improve run rates but demand woes, sanctions weigh 4/7
- U.S. refiners' shares hit near 2-yr lows as Trump tariffs spur fuel demand fears 4/7
- Update: India's fuel demand hits 10-month high in March 4/7
