Renewables
European oil giants step back from renewables path
Almost five years ago, bp embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power. The British company is now trying to return to its roots as a big oil and gas player with a growth story to match rivals, revive its share price and allay investor concerns over future profits.
U.S. energy draws up a wish list for new Trump administration
With U.S. President-elect Donald Trump two months away from taking office and able to act on his campaign promises, energy executives are lining up to offer new proposals to the mix.
Yara supplies Cooxupé with Brazil's first batch of lower carbon fertilizer
With initiatives to decarbonize agriculture and other industries, Yara, the global leader in crop nutrition, is the first company to offer in the Brazilian market a nitrogen fertilizer produced from a renewable source, with a reduction of up to 90% in its carbon footprint compared to the same fertilizer produced from fossil-based natural gas.
Neste changes its guidance due to unplanned shutdown of Rotterdam refinery
Neste’s Rotterdam refinery has been shut down due to a fire on 8 November 2024. The fire has been extinguished and did not cause any injuries.
Trump's return to refocus U.S. on maximizing oil/gas production
Donald Trump’s return to the White House will refocus the nation's energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday's presidential elections is unlikely to dramatically slow the U.S. renewable energy boom.
SEEC to use thyssenkrupp nucera’s electrolyzer for caustic soda production
Fujian Southeast Electrochemical Co., LTD. and thyssenkrupp nucera have reached another milestone in their collaboration. The Chinese chemical company is now utilizing thyssenkrupp nucera’s latest e-BiTAC v7 electrolyzer with a production capacity of 300,000 tpy of caustic soda at their chlor-alkali plant in the Chinese Fujian province. This marks the commencement of the fourth phase of the project, serving for expanding of downstream application.
Vast and GGS Energy to bring CSP-powered green methanol and SAF to the U.S.
Vast Renewables Ltd., a renewable energy company specializing in concentrated solar thermal power (CSP) systems that generate zero-carbon, utility-scale electricity and industrial process heat, has signed a development services agreement with GGS Energy LLC, a leading energy transition development company with deep project development experience, to pursue a commercial-scale synthetic fuels project in the Southwest U.S. (Project Bravo).
Petrobras inks deal to supply Vale with fuel with renewable content
Petrobras has agreed to sell diesel with renewable content to Vale in a deal that might also include the supply of other low-carbon fuels going forward.
Montana Renewables receives $1.44-B conditional commitment for renewable fuels and biomass energy facility
Calumet Inc. has announced that the U.S. Department of Energy (DOE) Loan Programs Office (LPO) has awarded a conditional commitment for a loan guarantee of up to $1.44 B to fund the construction and expansion of a renewable fuels facility owned by Montana Renewables LLC (MRL).
bp abandons goal to cut oil output, resets strategy
bp has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm's energy transition strategy to regain investor confidence.
- MOL Group, KazMunayGas partner on exploring petrochemical production 11/21
- WGLC: Innovating AI adoption 11/21
- Solvay uses waste wood to power soda ash and bicarbonate plant in Germany 11/21
- Syensqo expands U.S. production capacity for advanced polymers 11/21
- Container shippers hedging green transition with dual-fuel vessel orders 11/21
- Singapore middle distillates stocks rise for fourth week to six-week high 11/21
