Greenhouse Gases
Tesoro to acquire renewable technology company
Tesoro Corp. has agreed to acquire Virent, Inc., a renewable fuels and chemicals company, to support Virent's success in bringing biofuels technology to commercial scale.
Germany outlines deal with EU on green levy for co-generation plants
Germany resolved a dispute with the EU so that German firms that generate power for their own consumption can remain exempt from a green energy surcharge.
Neste to participate in Carbon Handprint project development
Neste is cooperating with leading Finnish companies in the development of a new Carbon Handprint tool to create common indicators for assessing environmental measures and communicating them.
Honeywell receives award for pioneering environmentally preferable technology
Honeywell Green Jet Fuel provides an alternative for global transportation.
Mexico announces launch of cap-and-trade pilot program
Mexico will launch a year-long simulation of a cap-and-trade program in November as a test run for a national carbon market expected to launch in 2018.
US EPA has not completed required review of biofuel mandate
The US Environmental Protection Agency has not complied with federal requirements to study the effects of the nation's biofuel use mandate.
Innovations
Unintended fugitive emissions from pressurized plant components have long been a key concern for operators as well as regulators.
Perseus, Greyrock to monetize Mexico flare gas
Perseus and Greyrock Energy are collaborating to provide solutions for the flaring of natural gas in Mexico.
Trestle Energy and Larksen partner to reduce CO2 from ethanol and coal power
Fuel pathway management platform will enable ethanol producers to substantially reduce their fuel carbon intensity and facilitate the cost-effective use of biomass fuel pellets at existing power plants.
Shell CEO warns on hasty renewables shift
Major investors, including Dutch pension fund PGGM, have criticized Shell's climate change policy in recent months, saying it should do more to mitigate climate change risks.
- 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
