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Carbon Management

Survey finds strong support for CCUS across the hydrocarbon processing sector

A survey conducted by Gulf Energy Information has revealed that 84% of 145 respondents in the hydrocarbon industry expect carbon capture, utilization and storage (CCUS) will be a mainstay of their industry.

Neste and CIM enable the supply of SAF to France to support meeting local SAF blending obligations

Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are pleased to announce their collaboration to enable the supply of Neste MY Sustainable Aviation Fuel into France.

Atlantic Aviation offers consistent supply of SAF at all Colorado locations

Furthering its commitment to sustainability leadership, Atlantic Aviation, in partnership with Avfuel Corporation and Neste, has established a continuous supply of SAF at all four of the company’s FBO locations in Colorado.

U.S. grants $1.1 B to keep Diablo Canyon nuclear plant open

The Biden administration said it has approved conditional funding of up to $1.1 B to prevent the closure of the Diablo Canyon nuclear power plant in California, as part of its effort to fight climate change.

Neste delivers more than 500,000 gallons of SAF to Los Angeles International Airport

The fuel delivery significantly increases the availability and accessibility of sustainable aviation fuel at one of the busiest international airports and aviation hubs in the US.

NEXT Renewable Fuels to go public in $666 MM SPAC deal

NEXT Renewable Fuels Inc said on Monday it would go public in a blank-check deal that values the combined company at $666 MM, amid soaring demand for renewable diesel and sustainable aviation fuel.

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.