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Carbon Management

CapturePoint proposes new carbon capture facility for Louisiana

CapturePoint LLC has submitted an application to build a carbon capture storage facility in Rapides Parish, Louisiana, roughly 90 miles north of Lafayette.

4AIR and NATA collaborate for first-ever SAF delivery receipt for business aviation

The National Air Transportation Association (NATA) in partnership with 4AIR announced the release of a first-ever SAF receipt for business aviation.

Sainsbury’s partners with Williams Advanced Engineering for sustainable start-up projects with £5 MM investment

Sainsbury’s has announced the launch of Sainsbury’s Innovation Investments which will invest a minimum of £5 MM over the next four years into start-up businesses commercializing innovative, sustainable technologies that look to reduce operational carbon emissions and water usage.

bp opens its first electric truck charging facilities to support the decarbonization of transport

bp has opened its first ultra-fast-charging facilities aimed at medium and heavy-duty electric trucks to support the decarbonization of the sector – where, according to the IEA, tailpipe CO2 emissions have increased on average 2.2% annually since 2000.

Neste to acquire Walco Foods to strengthen its renewable raw material sourcing

Neste, a leading producer of renewable diesel and SAF-produced from waste and residue raw materials, has agreed to acquire 100% of Walco Foods, an Irish trader of animal fats.

Avfuel, Neste collaborate to help business aviation reach net-zero goals faster

Given Neste’s expertise in renewable fuels and its fast-growing production capacity of SAF, Avfuel chose Neste as its strategic partner in January 2021 to develop an efficient and continuous supply of Neste MY Sustainable Aviation Fuel throughout North America and overseas.

The downstream rundown: In case you missed it 7/22

In case you missed any downstream news, here are the top stories from last week.

American Airlines, Gevo sign agreement for purchase of SAF

American Airlines announced it has finalized an agreement with biofuel company Gevo, Inc. for SAF. Over five years, American has committed to purchasing 500 MM gallons of SAF, the most significant SAF offtake commitment to date for the carrier.

Technip Energies wins contract with Neste for renewable products refinery expansion in Rotterdam

Technip Energies has been awarded a significant contract by Neste for the expansion of their renewable products production capacity in Rotterdam, the Netherlands, as part of the existing Partnership Agreement between Technip Energies and Neste.

P2X-Europe hits milestone for power-to-liquids project in Portugal

The PIN Award is a qualification reserved for investments that make a significant contribution to the country’s economy. The formal recognition is an official expression of confidence as it endorses overall project design as well as economic, financial, technical, and environmental viability.