Environment
Environment and Safety: Gas flaring: Necessary, or a waste of resources and a source of greenhouse gases?
Flaring is the controlled burning of hydrocarbons at oil refineries, gas processing plants and petrochemical plants.
Maire Tecnimont wins contracts for approximately $96 MM
Maire Tecnimont announced that its subsidiaries Tecnimont and Stamicarbon have been awarded several new contracts and order variations for licensing, engineering services and EPC activities for an overall value of approximately $96 MM.
VTT and Neste to build an integrated e-fuels demonstration facility for CO2 capture, green hydrogen and e-fuels production
Power-to-Liquids technologies are on their way to commercialization in scale. E-fuels offer a way to expand the carbon-neutral transport fuel pool beyond biomass-based renewable fuels to replace fossil fuels in existing internal combustion engines.
Neste SAF has been delivered to New York using existing petroleum pipelines
SAF has been safely delivered to New York’s LaGuardia Airport through the Colonial and Buckeye pipeline systems – two essential pieces of American energy infrastructure.
Braskem Idesa and Advario announce partnership to construct the Puerto Mexico Chemical Terminal in Veracruz
Braskem Idesa announced the signing of an investment agreement with Advario for a joint 50% stake in the construction and operation of an ethane import terminal in Mexico, called Puerto Mexico Chemical Terminal.
Chevron completes acquisition of Renewable Energy Group
Chevron Corporation completed its previously announced acquisition of Renewable Energy Group, Inc. following approval by REG stockholders.
Ørsted to capture and store 400,000 tons of carbon in 2025
The technology and logistics for handling and storing carbon from the two CHP plants are in place, and if financial support is obtained from the current tender for carbon capture and storage, Ørsted can be ready to capture and store 400,000 tons of carbon as early as 2025.
Neste publishes inaugural Green Finance Report
Neste has published its first Green Finance Report to further integrate the company's sustainability ambitions into its financing.
Low-carbon hydrogen demand in refining could reach 50 Mtpy by 2050
Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 MMtpy by 2050.
High fuel prices could erode public support for energy transition, Chevron CEO says
Europe's plan to double down on renewable fuels in response to rising fuel costs could have the unintended short-term effect of increasing prices and slow down the energy transition, Chevron Corp Chief Executive Michael Wirth said.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21