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Environment

Neste's Finnish crude oil refinery will gradually become a hub for renewable and circular solutions

Neste has completed the strategic study launched in September 2022, and begins a gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub.

Bain-backed biofuels refiner ties up with China firm to source feedstock

Bain Capital-backed biofuels refiner EcoCeres has tied up with a waste management firm backed by the Chinese city of Shenzhen to source feedstock as it expands production of low-carbon fuels to meet fast-growing demand.

Nextchem awarded new project in the UAE for the transformation of solid waste into SAF

Maire announces that Nextchem, through its subsidiary MyRechemical, has been awarded a feasibility study for the integration of its proprietary Waste-to-Syngas technology in a large-scale conversion plant that would transform solid municipal waste into SAF.

Elon Musk says oil and gas should not be demonized

Oil and gas should not be demonized in the medium-term, Elon Musk, the founder of electric car maker Tesla, but he also said it was important to reduce carbon emissions to preserve the planet.

Ulstein Verft AS orders methanol-ready MAN 175D engines

Ulstein Verft AS, the Norwegian yard, has ordered 2 × 3 × MAN 12V175D-MEV methanol-ready engines in connection with the building of two Commissioning Service Operation Vessels for Bernhard Schulte Offshore, the offshore unit of international shipping corporation, Schulte Group.

Agreement to develop methanol solution for MAN four-stroke portfolio

MAN Energy Solutions has announced an agreement with Alfa Laval, the Swedish industrial concern, to develop a methanol fuel-supply solution for MAN four-stroke engines and its fuel-injection technology.

Sumitomo Chemical to establish innovative and highly efficient technology for producing methanol from CO2

Sumitomo Chemical has completed the construction of a pilot facility to establish a highly efficient process for producing methanol from CO2 at its Ehime Works, located in Niihama City, Ehime Prefecture, Japan, and has commenced operations at the facility.

LOT Polish Airlines and SkyNRG partner for SAF offtake

LOT Polish Airlines and SkyNRG have joined forces to advance the aviation industry's sustainability efforts.

Fortescue gets €200 MM for Norway green ammonia plant

Australia's Fortescue said it received €200 MM from the European Union for its Holmaneset Project, a flagship green ammonia plant in Norway.

The Biden administration backs ethanol industry on low-emission aviation fuel tax credits

The Biden administration said it will recognize a methodology favored by the ethanol industry in guidance to companies looking to claim tax credits for SAF, a pivotal win for the politically powerful U.S. corn lobby.