Carbon Management
Neste to introduce solar power to its Porvoo refinery
Neste has signed a purchase agreement for solar power supply to its Porvoo refinery in Finland with the renewable energy company CPC Finland Oy.
ADNOC opens the region’s first high-speed green hydrogen refueling pilot station
ADNOC has opened “H2GO”, the region’s first high-speed green hydrogen pilot refueling station, to test a fleet of zero-emission hydrogen-powered vehicles.
Japanese companies and Petronas to develop CCS project offshore Malaysia
Japanese companies have agreed to develop a carbon capture and storage (CCS) project with Malaysian energy firm Petronas which should start holding its first carbon dioxide (CO2) emissions from end-2028.
Maersk to buy 500,000 tpy of bio-methanol/e-methanol from China's Goldwind
Danish shipping group Maersk has agreed to buy 500,000 tpy of bio-methanol and e-methanol from China's Goldwind starting in 2026.
Neste to distribute renewable diesel in France
Neste is partnering with two new distributors in France to make Neste MY Renewable Diesel™ available for the first time in the market, starting in January 2024.
China plans pilot projects to boost use of biodiesel
China will launch a series of pilot projects to spur domestic production and consumption of biodiesel, according to the National Energy Administration.
Braskem receives grant from REMADE for its polymer recycling technology
Braskem's polymer recycling technology research partnership has been awarded a $504,000 Research, Demonstration, and Development (RD&D) grant from the Reducing Embodied Energy and Decreasing Emissions (REMADE) Institute
Neste partners with Hightowers Petroleum to offer renewable diesel in U.S.
Neste and Hightowers Petroleum have formed a strategic partnership to offer Neste MY Renewable Diesel to customers in the Midwest U.S.
Indonesia's Pertamina expects Balikpapan refinery expansion in 2024
Pertamina expects to complete the capacity upgrade at its Balikpapan refinery in April next year. The project will see the facility's production increase by 100,000 bpd to 360,000 bpd.
CVR Energy to pay $23 MM for excess pollution from Kansas (U.S.) refinery
CVR Energy has agreed to pay more than $23 MM for emitting excess sulfur dioxide (SO2) from its petroleum refinery in Coffeyville, Kansas, in a settlement announced by the U.S. Justice Department and Environmental Protection Agency (EPA).
- 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
