Carbon Management
Phillips 66 outlines nearly $3-B capital program for 2025
Phillips 66 announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital.
Mabanaft reaches agreement with Hapag-Lloyd to supply B30 bunker fuel in Hamburg
Mabanaft has reached an agreement with the shipping company Hapag-Lloyd for the supply of B30 biofuel. A first test delivery of 1,000 t of B30 VLSFO arrived on the container ship Delaware Express and reached Mabanaft's Waltershof tank terminal in the Port of Hamburg on December 12.
Gevo and LG Chem extend agreement for bio-propylene to accelerate commercialization using Gevo ethanol-to-olefins technology
Gevo, Inc. and LG Chem, Ltd. are extending their joint development agreement to assess existing assets for deploying Gevo’s ethanol-to-olefins (ETOs) technology while accelerating commercialization activities, considering project scale and end-product markets.
Samsung E&A awarded $955-MM contract for 650,000-tpy biofuels plant in Malaysia
SAMSUNG E&A announced that it secured the EPCC contract for a 650,000-tpy biorefinery that will have the capability to produce sustainable aviation fuel and other biofuels such as renewable diesel/hydrogenated vegetable oil. This biorefinery will be located within PETRONAS’ Pengerang Integrated Complex, Johor, Malaysia.
Wood Mackenzie: Defining the energy transition
As the energy landscape rapidly transforms due to decarbonization, electrification and geopolitical shifts, Wood Mackenzie has released five compelling charts that highlight key trends shaping the sector in the latest Horizons report.
BASF and INOCAS sign agreement to develop sustainable Macaúba oil supply in Brazil to produce bio-naphtha
BASF and INOCAS sign offtake agreement for Macaúba kernel oil and Macaúba pulp oil to further expand BASF’s renewable-based portfolio.
TES accelerates CO2 export terminal at Wilhelmshaven Green Energy Hub
Tree Energy Solutions (TES), a global green energy company leading the way in the production of e-NG [electric natural gas derived from green hydrogen (H2)], is advancing its Green Energy Hub in Wilhelmshaven, Germany with the development of a liquid carbon dioxide (CO2) export terminal.
Phillips 66 teams with NextEra Energy Resources to power Rodeo Renewable Energy Complex with solar facility
Phillips 66 is teaming up with a subsidiary of NextEra Energy Resources, LLC to power Phillips 66’s Rodeo Renewable Energy Complex with a 30.2-MW solar facility.
Global airlines could miss sustainable fuel targets, says IATA
The aviation industry is not moving fast enough to reach its targets for producing and using sustainable aviation fuel, the head of airline trade body IATA Willie Walsh said, as it aims for net-zero emissions by 2050.
INEOS-led Greensand to become first full-scale CO2 storage facility in EU
INEOS, the day-to-day operator, of ‘Greensand Future’ and its partners, Harbour Energy, and Nordsøfonden have announced the final investment decision (FID) to safely and permanently store carbon dioxide (CO2) from Danish emitters in a depleted oil field in the Danish North Sea.
- Vioneo awards Lummus polypropylene contract for world's first industrial scale fossil-free plastics from green methanol facility 8/19
- Research: Developing an energy-saving, carbon-capturing method for making ethylene glycol 8/19
- Emerson announced the release of its new Rosemount 3144S temperature transmitter 8/19
- Chinese refiners sweep up Russian oil after Indian demand falls 8/19
- Indonesia plans quick-to-build oil refineries for U.S. crude 8/19
- Russia's ultra low-sulfur diesel exports from Primorsk scheduled to rise in August 8/19
