Carbon Management
Vopak and PETRONAS sign MoU to explore opportunities in CCS
Vopak and Petroliam Nasional Berhad (PETRONAS) signed an MoU for the development of the value chain for CCS in the Southeast Asia region.
Neste to acquire used cooking oil collection and aggregation business from Crimson Renewable Energy
The transaction includes shares in SeQuential Environmental Services, LLC, and Pure, LLC, as well as a UCO processing plant in Salem, Oregon.
U.S. aims for zero-emissions heavy-duty vehicles by 2040
The United States aims to only sell and produce zero-emissions medium- and heavy-duty vehicles like school buses and tractor trailers by 2040, the U.S. energy secretary agreed at the COP27 climate summit in Egypt.
John Crane joins the Aiming for Zero methane emissions initiative
Incubated by the OGCI and its member companies, the Aiming for Zero Methane Emissions Initiative was launched in early 2022 to rethink how the oil and gas industry approaches methane emissions and its harmful effects on the environment.
U.S., Japan and partners mobilize $20 B to move Indonesia away from coal
A coalition of countries will mobilize $20 B of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak emissions date by seven years to 2030.
United Airlines invests millions into proposed Oregon biofuel refinery
United Airlines will add $37.5 MM into a proposed biofuel refinery in northwest Oregon, per a report by OPB.
COP27: India lays out plan for long-term decarbonization
India will prioritize a phased transition to cleaner fuels and slashing household consumption to achieve net zero emissions by 2070, according to a national report released Monday at the United Nations COP27 climate summit in Egypt.
ExxonMobil and Pertamina advance regional CCS project in Indonesia
ExxonMobil Low Carbon Solutions is working to bring lower-emission technologies to market, making them accessible to hard-to-decarbonize industries, including its recent agreement with a leading global manufacturer of nitrogen and hydrogen products in Louisiana, United States.
Greece hopeful will find hydrocarbons to last a decade
Greece is hopeful it has hydrocarbon reserves in the west of the country to cover its energy consumption for a decade, Energy Minister Kostas Skrekas said.
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- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
