Carbon Management
Taiwan's CPC buys first crude with carbon offset from SOCAR
Taiwan's state refiner, CPC Corp, said it has received the country's first crude cargo with certified carbon offset from SOCAR Trading, the trading arm of Azerbaijan's state oil company.
The downstream rundown: In case you missed it 6/10
In case you missed any downstream news, this piece will give you a summary of some of the top stories from last week.
Japan’s first SAF helicopter flight with H215
Airbus Helicopters in Japan and Japan’s leading helicopter operator Nakanihon Air (NNK) have jointly performed the country’s first ever helicopter flight powered with SAF.
UAE Ministry of Energy and Infrastructure selects Siemens tech to power nation’s electric vehicle charging corridor
The United Arab Emirates’ Ministry of Energy and Infrastructure selected Siemens technology for a nationwide network of ultra-fast electric vehicle (EV) chargers which will help reduce carbon emissions.
Chevron and KazMunayGas announce collaboration on lower carbon opportunities
Chevron Corporation, through its subsidiary Chevron Munaigas Inc. and KazMunayGas have announced an MoU to explore potential lower carbon business opportunities in Kazakhstan.
Neste publishes inaugural Green Finance Report
Neste has published its first Green Finance Report to further integrate the company's sustainability ambitions into its financing.
Low-carbon hydrogen demand in refining could reach 50 Mtpy by 2050
Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 MMtpy by 2050.
Clariant’s global climate campaign cuts more than 4 MMtons CO2 equivalents annually and wins prestigious ACC Sustainability Leadership Award
The accolade is in recognition of Clariant’s global climate initiative, in which the company offered a free load of its nitrous oxide (N2O) removal catalyst EnviCat N2O-S to ten nitric acid producers who did not have such an abatement technology in place yet.
The downstream rundown: In case you missed it
In case you missed any downstream news, this piece will give you a summary of some of the top stories from last week.
KNOC to focus on energy security, push cleaner fuels goal
KNOC is looking to secure more oil and gas, while stepping up energy transition efforts to become carbon neutral by 2030.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
