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Economics

U.S. drive to make green jet fuel with ethanol stalled by CO2 pipeline foes

The U.S. drive to develop SAF using ethanol could be slowed because of growing opposition to proposed pipelines that would curb greenhouse gas emissions from ethanol plants by capturing carbon dioxide and carrying it away to other states for storage.

Technip Energies creates Reju – an innovative polyester textile regeneration company

Technip Energies announces the creation of Reju, a new company focused on PET recycling of textiles that will leverage the innovative technology co-developed in joint-venture with IBM and Under Armour as well as Technip Energies’ global engineering and technology integration expertise.

Rolls-Royce successfully completes 100% SAF test program

Rolls-Royce announced that it has successfully completed compatibility testing of 100% SAF on all its in-production civil aero engine types.

SunGas Renewables selected to supply green methanol for new hydrogen and e-methanol facility in Australia

SunGas Renewables announced it has been selected by Australian green hydrogen and methanol project developer, ABEL Energy, to supply green methanol for a new $1.4-B facility in Northern Tasmania, Australia.

Nigeria gets refineries investment, forex pledge from Saudi Arabia

Nigeria and Saudi Arabia agreed to a series of investment and cooperation deals, including a pledge by the Saudi government to invest in the revamp of Nigeria's oil refineries and provide financial support to sustain the government's foreign-exchange reforms.

Nigeria restores 275,000 bpd production at TotalEnergies JV

Nigeria's state oil firm NNPC Ltd said it had restored 275,000 bpd of oil production at its joint venture unit with Total Energies after negotiating an end to industrial action by workers.

LNG export capacity from North America is likely to more than double through 2027

EIA expects North America’s LNG export capacity to expand to 24.3 Bcfd from 11.4 Bcfd today as Mexico and Canada place their first LNG export terminals into service and the United States adds to its existing LNG capacity.

Russian diesel and gasoline export ban to be lifted next week

Russian fuel producers have been told by the government to prepare for the scrapping of all remaining restrictions on the export of diesel and gasoline.

Petronas and Dorna Sports to introduce new sustainable fuel for 2024 Moto2 and Moto3 season

Petronas and Dorna Sports today announced the usage of a new sustainable fuel for Moto2 and Moto3 on the opening day of the Petronas Grand Prix of Malaysia 2023.

AirFrance-KLM invests in DG Fuels' U.S. SAF production plant

French-Dutch airline AirFrance-KLM has made a $4.7 MM investment in DG Fuels' SAF production plant in the U.S. state of Louisiana, a step towards its 10% SAF incorporation target for 2030.