Business Trends: In uncertain times, how can industry balance energy security, sustainability and affordability?

FT Longitude, FT Longitude

What happened in 2022 has challenged assumptions about the energy transition.

Carbon capture in syngas-based projects

Fair, D., KPE, A Shaw Group Company

Recent legislation, such as the Low Carbon Fuel Standard (LCFS) and the Inflation Reduction Act of 2022 (which was passed in the U.S.), provide financial incentives for projects generating power, transportation fuels or other forms of energy to reduce their overall carbon emissions.

Crude prices up 2% on rising U.S. oil demand and lower output

Oil prices gained about 2% after U.S. data showed crude output was declining while fuel demand was growing.

US EPA to allow summer sales of gasoline with higher blend of ethanol

U.S. regulators are poised to allow summer sales of gasoline with a higher blend of ethanol adding that an emergency waiver would be issued later.

US ethanol industry expands focus to lower-carbon aviation sector

The U.S. ethanol industry is lobbying the Biden administration to ensure lower-carbon aviation fuel made from ethanol will qualify for subsidies under the Inflation Reduction Act, arguing such provisions are crucial to meeting U.S. climate goals.

Asahi Kasei and Microwave Chemical demonstrates project for chemical recycling of polyamide 66 using microwave-based tech

Asahi Kasei and Microwave Chemical launched a joint demonstration project in April 2023 with the objective of commercializing a chemical recycling process for polyamide 66 using microwave technology.

Five Phillips 66 refineries capture AFPM safety awards

Five Phillips 66 refineries have been honored by the American Fuel and Petrochemical Manufacturers for outstanding safety performance in 2022.

HIF Global receives environmental permit authorizing, construction and operation at first U.S. eFuels facility

HIF Global announced receipt of the Texas Commission on Environmental Quality Air Quality Permit authorizing the construction and operation of the HIF Matagorda eFuels facility in Matagorda County, Texas.

Raven SR and Cap Clean Energy to collaborate on Canadian SAF and renewable diesel projects

Raven SR Inc. and Cap Clean Energy Corp. announced they have signed a memorandum of understanding to co-develop biofuels facilities in Canada to produce sustainable aviation fuel and renewable diesel for the heavy-duty transport sector.

Dow partners with Linde for its net-zero carbon emissions ethylene and derivatives complex in Canada

Dow announced today it has selected Linde as its industrial gas partner for the supply of clean hydrogen and nitrogen for its proposed net-zero carbon emissions integrated ethylene cracker and derivatives site in Fort Saskatchewan, Alberta, Canada.