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Environment

bp's Peacock Project secures exclusive power deal with ExxonMobil-SABIC JV for sustainable materials production

bp has started construction on its 187MWdc Peacock Solar project, located 10 miles north of Corpus Christi in San Patricio County, Texas, helping support the global transition to lower carbon energy.

Shipping industry lacks clarity on future clean fuels on path towards decarbonization

The shipping industry lacks clarity on future clean fuels and regulatory systems which is holding back companies from replacing ageing vessels amid pressure to decarbonize faster.

IATA head says price of sustainable fuel likely to remain high

SAF is likely to stay more expensive than kerosene even when large-scale production kicks in and the cost won't deter airlines from their carbon emission targets.

DHL and Sasol join hydrogen firm HH2E on sustainable jet fuel project

German logistics giant DHL is teaming up with energy firm HH2E and South African petrochemicals firm Sasol on the expansion of SAF production in Germany.

Indorama Ventures achieves 100 billion PET bottles recycling milestone

Indorama Ventures Public Company Limited announces that it has recycled 100 billion post-consumer PET bottles since February 2011.

Renault to maintain mixed ethanol combustion engines in Brazil

Renault will maintain production of ethanol-fueled combustion vehicles in Brazil, where nine in 10 cars are equipped to run on a mixture of gasoline and the biofuel as fully EV need more government support.

Fire at Kuwait's Mina Al Ahmadi refinery put out, production, exports unaffected

Firefighters managed to put out a fire at Kuwait's Mina Al Ahmadi oil refinery with no injuries, a state news agency said, adding that production and exports were unaffected.

Portugal's Galp to invest $426 MM in biofuels with Japan's Mitsui

Portuguese oil company Galp said it had teamed up with Japan's Mitsui to invest $426 MM in an industrial-scale plant to produce biodiesel and biojet fuel from waste at its Sines refinery.

Russia lifts export ban on low-quality diesel, marine fuel

The Russian government has approved some changes to its fuel export ban, lifting the restrictions for fuel used as bunkering for some vessels as well as diesel with high content of sulfur.

Germany's Scholz aims high on green jet fuel output

Chancellor Olaf Scholz set out Germany's ambitions to become a strategic production center for sustainable jet fuel and to lure investment to build on its importance as one of aerospace group Airbus' manufacturing centers.