Environment
Norway awards offshore licenses to explore for CO2 storage
Norway said it has awarded two licenses to explore for carbon dioxide storage sites in the North Sea - one to Aker BP and a partner, and another to Germany's Wintershall Dea and its partner.
Carbon storage projects across Europe
Efforts to remove carbon dioxide emissions from industry and store them underground have gathered pace across Europe over the past few years as countries scramble to meet climate goals.
Italy's Eni involved in five UK carbon capture projects
Italy's Eni said it was involved in five carbon capture projects selected by Britain in a first group of initiatives worth $25-B of government funding.
Neste completed second series of runs at its Porvoo refinery
Neste has successfully concluded its second series of industrial-scale processing runs with liquefied waste plastic at its refinery in Porvoo, Finland.
Qantas, Airbus to invest in Australian biofuel refinery
Qantas Airways Ltd and Airbus SE will jointly invest $1.34 MM in a biofuel refinery being set up in Australia's Queensland state that would convert agricultural by-products into sustainable aviation fuel.
Shell puts a stop to Singapore biofuels, base oil projects
Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore.
Honeywell to support world’s largest renewable fuels plant in Panama
Honeywell announced that SGP BioEnergy will implement Honeywell’s Experion System Technology at its Golden City Biorefinery in Colón, Panama.
United announces $15-MM investment in carbon capture company Svante
United announced its $15 MM investment in carbon capture technology company Svante, who provides materials and technology as part of the value chain that has the potential to convert CO2 removed from the atmosphere and from industrial emission sources into sustainable aviation fuel.
Portugal's EDP to stick with EV charging target after EU e-fuel compromise
Portugal's largest utility, EDP, said a compromise by the European Commission to allow the sale of cars running on e-fuels after 2035 would not impact the company’s target to roll out electric vehicle charging stations.
China's mega private refineries to keep output high to April as margins improve
China's mega private refineries are expected to operate at full processing rates or higher until April as their margins have improved after the government lifted COVID-19 restrictions.
- 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
