Environment
Occidental's 1PointFive secures funding of up to $500 MM from U.S. DOE
Occidental Petroleum's carbon capture and sequestration (CCS) unit 1PointFive said on Thursday that the U.S. Department of Energy's Office of Clean Energy Demonstrations (OCED) has committed up to $500 MM to support the development of its South Texas Direct Air Capture (DAC) Hub.
Singapore's largest data center to use Neste renewable diesel to power generators
Neste has helped ST Telemedia Global Data Centres (STT GDC) to become the first data center operator in Singapore to power its backup generators with renewable diesel.
Ceres Power Holdings signs SOEC systems license with Thermax to decarbonize hard-to-abate industries
The partnership will accelerate solid oxide electrolysis cell (SOEC) system development within the hard-to-abate green ammonia, petrochemical and steel industries in India and other territories.
NewEnergyBlue acquires Inbicon biomass conversion technology and international patent portfolio
NewEnergyBlue, the clean-technology designer of biomass refineries that turn agricultural waste into highly decarbonized biofuels and biochemicals, has finalized its purchase of Inbicon biomass-conversion technology from Ørsted, a renewable energy company based in Denmark.
Pertamina NRE ready to build bioethanol plant, optimizing domestic resources
Pertamina New & Renewable Energy is demonstrating its commitment to developing the bioethanol business through two cooperation agreements, one with PT Sinergi Gula Nusantara (SGN) and the other with the provincial government of East Nusa Tenggara (NTT).
bp, Iberdrola take FID on Spain's largest green hydrogen plant
bp and Iberdrola have given the green light for construction of a 25-MW green H2 project at bp's Castellón refinery, which is expected to be operational in 2H 2026.
Splitwaters to supply 2.5 GW of electrolyzers and EPC services for green urea project in Australia
U.S.-based Splitwaters will supply 2.5 GW of electrolyzers for the ambitious green urea project located in Western Australia.
Refiner Neste warns of weaker biofuel outlook, shares drop
Finnish refiner Neste on Wednesday cut the margin outlook for its biofuel business for the third time this year due to falling prices and also lowered its expected sales volumes, sending the company's share price down 10%.
Emissions-free truck prices need to drop by 50% to compete with diesel, study says
Prices of emissions-free trucks need to fall by as much as half to make them an affordable alternative to diesel models, a study by consultancy firm McKinsey published on Wednesday said, a necessary step to help achieve European Union climate targets.
Marathon's Detroit refinery gets new air permit to boost crude throughput
Michigan's environmental agency on Tuesday issued a new air permit to Marathon Petroleum covering emissions from its Detroit refinery, which will allow the refiner to boost crude throughput at the plant.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
