Carbon Management
Ørsted to capture and store 400,000 tons of carbon in 2025
The technology and logistics for handling and storing carbon from the two CHP plants are in place, and if financial support is obtained from the current tender for carbon capture and storage, Ørsted can be ready to capture and store 400,000 tons of carbon as early as 2025.
Taiwan's CPC buys first crude with carbon offset from SOCAR
Taiwan's state refiner, CPC Corp, said it has received the country's first crude cargo with certified carbon offset from SOCAR Trading, the trading arm of Azerbaijan's state oil company.
The downstream rundown: In case you missed it 6/10
In case you missed any downstream news, this piece will give you a summary of some of the top stories from last week.
Japan’s first SAF helicopter flight with H215
Airbus Helicopters in Japan and Japan’s leading helicopter operator Nakanihon Air (NNK) have jointly performed the country’s first ever helicopter flight powered with SAF.
UAE Ministry of Energy and Infrastructure selects Siemens tech to power nation’s electric vehicle charging corridor
The United Arab Emirates’ Ministry of Energy and Infrastructure selected Siemens technology for a nationwide network of ultra-fast electric vehicle (EV) chargers which will help reduce carbon emissions.
Chevron and KazMunayGas announce collaboration on lower carbon opportunities
Chevron Corporation, through its subsidiary Chevron Munaigas Inc. and KazMunayGas have announced an MoU to explore potential lower carbon business opportunities in Kazakhstan.
Neste publishes inaugural Green Finance Report
Neste has published its first Green Finance Report to further integrate the company's sustainability ambitions into its financing.
Low-carbon hydrogen demand in refining could reach 50 Mtpy by 2050
Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 MMtpy by 2050.
Clariant’s global climate campaign cuts more than 4 MMtons CO2 equivalents annually and wins prestigious ACC Sustainability Leadership Award
The accolade is in recognition of Clariant’s global climate initiative, in which the company offered a free load of its nitrous oxide (N2O) removal catalyst EnviCat N2O-S to ten nitric acid producers who did not have such an abatement technology in place yet.
The downstream rundown: In case you missed it
In case you missed any downstream news, this piece will give you a summary of some of the top stories from last week.
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
- TOYO develops MRF-Z Neo—A compact reactor optimized for small-scale green methanol production 7/3
- China's Shandong raises fuel oil import tax rebates for some refineries 7/3
- Executive Viewpoint: Heavy industry, light footprint—Helping the HPI run leaner and cleaner with AI 7/3
- Digital Feature: Flare system design—The importance of periodic evaluation of existing facilities 7/2
