Environment
OCI Global to sell its clean ammonia project in Texas (U.S.) to Woodside Energy for $2.35 B
OCI Global has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in OCI’s 1.1-MMtpy clean ammonia project under construction in Beaumont, Texas to Woodside Energy Group Ltd for $2.35 B.
Verbio launches ethanol production at its biorefinery plant in Iowa (U.S.)
Verbio has commenced the commercial production of corn-based ethanol at its biorefinery facility in Nevada, Iowa.
NextChem to provide NX CPO technology to SAF pilot plant in Italy
NextChem will provide the license and the proprietary equipment related to its NX CPOTM technology to Saras’ SAF pilot facility in Sarroch (Sardinia).
Fortescue and COSCO SHIPPING sign MoU to decarbonize shipping
Fortescue, a green technology, energy and metals company, and COSCO SHIPPING, a leading global shipping company, have signed a non-binding memorandum of understanding to work together on decarbonizing shipping.
Gunvor joins VARO to jointly develop large-scale SAF manufacturing facility
Gunvor Group will join VARO Energy in building a large-scale sustainable aviation fuel (SAF) manufacturing facility at the Gunvor Energy Rotterdam site through a proposed joint venture.
Illimity Bank provides financing for ISAB refinery upgrade in Italy
Illimity Bank said it had structured a financing deal worth more than 400 MM euros for Italian refinery ISAB, which plans to reduce the environmental impact of its activities under a 1.4-B euro investment plan.
Indorama Ventures joins the T-REX Project to revolutionize textile recycling
This ambitious initiative aims to establish a harmonized EU blueprint for the closed-loop sorting and recycling of household textile waste to help the fashion industry transition towards a more circular and sustainable future.
Ampol, Graincorp collaborate for potential renewable fuels plant in Australia
The companies inked a memorandum of understanding (MoU), under which Graincorp will supply feedstock to produce sustainable aviation fuel and renewable diesel at the Lytton refinery.
Brazil's JBS supplies animal waste for production of sustainable aviation fuel
Brazilian meatpacker is supplying animal waste from its operations abroad for the production of renewable aviation fuels and is studying a similar initiative in Brazil through the Friboi brand.
United is first airline to purchase SAF for O'Hare Int'l airport (Chicago, U.S.)
United Airlines will purchase 1 MMgal of sustainable aviation fuel from Neste for use at Chicago's O'Hare International Airport.
- 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
