Carbon Management
SwitcH2, CorPower Ocean partner on wave-powered green ammonia
SwitcH2 is partnering with CorPower Ocean to deliver a unique industrial scale floating green ammonia production facility partially powered by wave energy. SwitcH2’s NH3-FPSO unit involves the use of a new built vessel, nearly the size of a VLCC (Very Large Crude Carrier), to support a 300-MW electrolysis plant on deck. The final output is green ammonia
Solvay to utilize biomethane to replace a portion of natural gas used at its plant in Mexico
Solvay inaugurated an advanced biodigester at its Ciudad Juarez production site in Mexico. This energy transition project will generate biomethane from organic waste processed locally, replacing part of the natural gas needed to power the site’s boiler and kiln operations.
Small volumes of renewable diesel are now consumed on the U.S. East Coast
In 2024, the U.S. East Coast became a consistent destination for small volumes of renewable diesel as a few suppliers and local governments began offering or consuming the fuel. Because no renewable diesel is produced on the East Coast, suppliers and local governments are procuring their supply from a combination of imports and interregional U.S. shipments.
NORDEN signs sustainable maritime fuel offtake agreement with Meta
Danish shipping company NORDEN has announced a sustainable maritime fuel agreement with Meta aimed at advancing the decarbonization of the maritime industry.
Hapag-Lloyd concludes long-term offtake agreement for green methanol
Hapag-Lloyd has reached an agreement with Goldwind, a global strategic partner in clean energy with headquarters in Beijing, China, for the delivery of 250,000 tpy of green methanol.
Solarig to develop €1.15-B, 75,000-tpy Turboleta SAF in Spain
Solarig is progressing the development of sustainable aviation fuel projects with a portfolio that exceeds 400,000 tpy SAF production in Spain. Specifically, Solarig announced the development of a SAF production plant in Teruel. The project, named ‘Turboleta SAF,’ will have a production capacity of more than 75,000 tpy at a cost of €1.15-B.
Maersk to use SAF to decarbonize airfreight travel
Maersk has signed an agreement to promote the decarbonization of airfreight through the use of Sustainable Aviation Fuel. Lufthansa Cargo will use 400 tons of SAF on behalf of Maersk in the remainder of 2024.
Maersk could use 15%–20% alternative fuels for its fleet in 2030
Alternative fuels could account for up to a fifth of A.P. Moller-Maersk's marine fuel consumption in 2030 as part of its goal to reach net zero by 2040.
Malaysia plans to produce sustainable jet fuel in 2027
Malaysia plans to start producing sustainable aviation fuel (SAF) in 2027, with an initial production capacity of 1MMtpy.
ADNOC launches $80-B low-carbon energy and chemicals investment company
ADNOC announced the launch of XRG, a groundbreaking international lower-carbon energy and chemicals investment company, with an enterprise value of over $80 B. XRG aims to more than double its asset value over the next decade by capitalizing on demand for low-carbon energy and chemicals.

- 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