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Economics

Topsoe and Standard Gas sign MoU to collaborate on UK-based renewable natural gas and methanol project

Topsoe announces it has signed an MoU with Standard Gas, a decarbonization technology company, to collaborate on a UK-based project to produce renewable natural gas and methanol from residual waste feedstocks.

Virent and Johnson Matthey's SAF breakthrough powers Virgin Atlantic's historic 100% sustainable transatlantic flight

The success of the first-ever 100% SAF trans-Atlantic flight by a commercial airline, operated by Virgin Atlantic, signifies a new era in SAF technology.

EY partners with Aspen Technology to enhance clients’ sustainability, streamline manufacturing, and modernize utility grids

The EY organization announces an alliance between Aspen Technology, Inc. and Ernst & Young to enhance clients’ sustainability, streamline manufacturing, and modernize utility grids.

MAN Energy Solutions to build reactor for renewable fuels

Cleantech start-up, CAPHENIA, has commissioned MAN Energy Solutions to build a Plasma Boudouard Reactor and will form the core of CAPHENIA's first production plant, ‘GERMANY I’, located at Industriepark Höchst in Frankfurt am Main, Germany where the company will produce its first renewable fuels in 2024.

Neste and ENOC Group enter into collaboration to drive SAF initiatives in Dubai and the MENA Region

Neste and ENOC Group, a leading integrated global energy player, have agreed to collaborate to explore the possibilities of supplying and purchasing SAF in Dubai and the wider Middle East North Africa region in the coming years.

Dow's board of directors approves final investment decision for Path2Zero Project

Dow announced that its board of directors has declared Final Investment Decision on the Company's Fort Saskatchewan Path2Zero investment to build the world's first net-zero Scope 1 and 2 emissions integrated ethylene cracker and derivatives facility in Alberta, Canada. 

Yokogawa and FPT Software ink global partnership to advance DX solution offerings

Yokogawa Electric Corporation and FPT Software Company Limited announce a global supplier framework agreement for the development and deployment of digital transformation services to strengthen operational technology-information technology convergence in the industrial sector.

Topsoe selected by Santa Maria Renewable Resources to deliver technology for renewable fuels project in Texas (U.S.)

Topsoe has signed licensing and engineering agreements with Santa Maria to develop a project, focusing on the production of renewable fuels from various renewable feedstocks.

Black Sea storm disrupts Russian and Kazakh oil exports

A severe storm in the Black Sea region has disrupted up to 2-MM bpd of oil exports from Kazakhtsan and Russia, according to state's officials and port agent data.

European airlines secure supplies of low-carbon jet fuel

European airlines are ramping up investments and signing agreements to secure supply of SAF needed to meet targets set by the European Union aimed at curbing the aviation sector's carbon footprint.