Renewables
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.
px Group and Hydrogen Solutions to accelerate the development of low-carbon, renewable fuels in Europe
px Group has developed a partnership with Hydrogen Solutions (HYDS), a leading Norwegian company specializing in developing, building and operating green hydrogen production plants. The collaboration aims to accelerate the development of low-carbon, renewable fuels and power in Europe.
Connecting the dots to bankability with low-carbon bio-hubs for sustainable fuels and chemicals
The transportation fuel and chemicals sectors are facing multiple urgent challenges. They must quickly reduce their dependence on petroleum resources with cost-competitive solutions while also addressing concerns such as greenhouse gas (GHG) emissions and decarbonization.
Editorial Comment: Boosting bio-content in processing feeds: Challenges and solutions driving the energy transition
Around the world, nations have instituted pathways to reduce emissions within their economies. These initiatives include various investments in carbon mitigation strategies such as boosting domestic renewables capacity, utilizing low-/zero-carbon fuels for power generation (e.g., green hydrogen), adding carbon capture technologies to projects and industrial installations, and increasing bio-content in transportation fuels, among others.
Itochu to buy green ammonia from HIVE's $5.9-B Coega facility
A division of Hive Energy Ltd. announced that a consortium led by Japanese trading giant Itochu Corp. is on the verge of finalizing an agreement to purchase environmentally friendly ammonia from a project located in South Africa.
SunGas Renewables, C2X partner to expand green methanol production capacity in North America
SunGas Renewables Inc. and C2X LLC announced a strategic partnership with the aim to develop, own and operate multiple green methanol production facilities in North America to increase the supply of sustainable fuels and advance global decarbonization of hard to abate industries.
HIF Global secures nearly $165-MM in investments to develop eFuels
HIF Global announced a combined investment from existing shareholders and the Japanese energy company Idemitsu Kosan, securing $164 MM to fund its eFuels projects.
U.S. renewable diesel glut hits refiners' margins
A rush by U.S. fuel makers to recalibrate their plants to produce renewable diesel has created a supply glut for low-emissions biofuels, hammering profit margins for refiners and threatening to impede a young industry.
SAFFiRE Renewables biofuel pilot plant to be developed in Kansas
On its path to opening a facility designed to turn agriculture residue into a scalable biofuel business, SAFFiRE Renewables, LLC plans to break ground on its pilot plant near Liberal, Kansas, in late 2024.
EBRD backs Ukraine's green biofuels project with €60-MM loan
The European Bank for Reconstruction and Development (EBRD) has agreed to provide a €60-MM loan to Lan-Oil LLC, a company established by fuel retailer OKKO Group in Ukraine, for the construction of a greenfield biofuels project.
- Ohmium announces collaboration with SwitcH2 BV and BW Offshore for floating green ammonia plant 10/17
- Phillips 66 hit with $604.9-MM U.S. verdict in fuel trade-secrets case 10/17
- U.S. capacity to produce biofuels increased 7% in 2023 10/17
- Southwest Airlines enters SAF deal with Valero 10/17
- U.S. offers conditional loan guarantees worth $3 B for two SAF projects 10/17
- China, Saudi Arabia top buyers of Russian fuel oil in September 10/17
