Carbon Management
LOT Polish Airlines and SkyNRG partner for SAF offtake
LOT Polish Airlines and SkyNRG have joined forces to advance the aviation industry's sustainability efforts.
Fortescue gets €200 MM for Norway green ammonia plant
Australia's Fortescue said it received €200 MM from the European Union for its Holmaneset Project, a flagship green ammonia plant in Norway.
The Biden administration backs ethanol industry on low-emission aviation fuel tax credits
The Biden administration said it will recognize a methodology favored by the ethanol industry in guidance to companies looking to claim tax credits for SAF, a pivotal win for the politically powerful U.S. corn lobby.
Saras awards NextChem an engineering design study for the first green synthetic fuels pilot plant in Italy
MAIRE announces that NEXTCHEM, through its subsidiary NextChem Tech, has signed an agreement with Saras S.p.A for an engineering design study to accelerate the path towards decarbonization of Saras’ refinery in Sarroch, Sardinia.
The Biden administration poised to deliver win for ethanol makers on SAF credits
The Biden administration is expected this week to recognize a soon-to-be-updated methodology favored by the ethanol industry in guidance to companies looking to claim tax credits for SAF.
CITGO Corpus Christi Refinery (U.S.) earns third Energy Star certification
For the third time in four years, the CITGO Corpus Christi Refinery has earned the U.S. Environmental Protection Agency's ENERGY STAR certification, distinguishing the plant as a leader in energy and environmental management in the petroleum industry.
Neste enables first Thai Airways flight using SAF in cooperation with PTT and Petco Trading
Thai Airways, the flag carrier airline of Thailand, operated its first flight using Neste MY Sustainable Aviation Fuel in December, 2023.
Metafuels secures $8 MM seed funding to drive SAF mainstream
Zurich-based climate tech startup will use new funding to implement a pilot facility based on its groundbreaking sustainable kerosene technology in Switzerland.
GE Aerospace and partners achieve milestone, testing 10 aircraft engine models with 100% SAF
GE Aerospace reached a new milestone for a more sustainable future of flight with the completion of testing on its 10th engine model using 100% SAF since 2016, confirming the company and its joint ventures have one of the most expansive programs for testing the alternative fuel in the industry.
Russia's Sibur strikes deal to issue carbon credits from solar project
Russia's Sibur, the largest petrochemical producer in eastern Europe, said it plans to start issuing carbon credits outside Russia after reaching a deal at the COP28 climate summit to register a solar project with a new international program.
- 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
