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Environment

Shell says no impact to operations after oil leak in Bukom, Singapore

Shell said on Monday there was no impact to operations after an oil leak over the weekend from a land-based pipeline at Shell Energy and Chemicals Park Singapore on Bukom island, adding that the leak had been stopped.

Petrobras inks deal to supply Vale with fuel with renewable content

Petrobras has agreed to sell diesel with renewable content to Vale in a deal that might also include the supply of other low-carbon fuels going forward.

Analysts expect EU carbon prices to soar by 2027

Analysts expect EU carbon permit prices will soar by 2027 as policy measures shrink supply, while their forecasts for 2025 and 2026 were little changed.

Montana Renewables receives $1.44-B conditional commitment for renewable fuels and biomass energy facility

Calumet Inc. has announced that the U.S. Department of Energy (DOE) Loan Programs Office (LPO) has awarded a conditional commitment for a loan guarantee of up to $1.44 B to fund the construction and expansion of a renewable fuels facility owned by Montana Renewables LLC (MRL).

Phillips 66 hit with $604.9-MM U.S. verdict in fuel trade-secrets case

Energy company Phillips 66 owes biofuel maker Propel Fuels $604.9 MM in damages for stealing Propel's trade secrets to build up its renewable-fuel capabilities.

U.S. capacity to produce biofuels increased 7% in 2023

Capacity to produce biofuels increased 7% in the U.S. during 2023, reaching 24 Bgal/yr at the start of 2024, led by a 44% increase in a category the U.S. Energy Information Administration (EIA) calls “renewable diesel and other biofuels.”

U.S. offers conditional loan guarantees worth $3 B for two SAF projects

The U.S. Department of Energy (DOE) has approved conditional loan guarantee commitments totaling nearly $3 B for two sustainable aviation fuel (SAF) projects.

Seeq, AVEVA partner to provide best-in-class enterprise data management services, analytics and AI

Seeq announced a strategic partnership with AVEVA. Core to the partnership is the native integration between the two companies’ platforms that will simplify access to operational data in context, enabling chemical, energy, metals, mining, and utility organizations to improve their operations and production outcomes.

Neste MY Renewable Diesel to power Verne data centers’ back-up generators in Finland

Neste’s renewable diesel helps Verne, a provider of sustainable data center solutions for high intensity computing, to transition its operations from fossil to renewable fuels. Verne's data centers in Helsinki, Pori and Tampere in Finland will use Neste MY Renewable Diesel to power their backup generators.

Power2X and Advario to develop world-scale e-SAF hub in the Port of Rotterdam

In partnership, Power2X and Advario are developing a world-scale production and storage hub for sustainable aviation fuel (e-SAF) and synthetic, ultra-low carbon fuels in the Port of Rotterdam.