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Environment

JX to join forces with Sumitomo at large scale SAF project in Louisiana (U.S.)

JX Nippon Oil & Gas Exploration Corporation and Sumitomo Corporation executed consortium agreements to manage investment in the Louisiana Green Fuels BECCS project at Port of Columbia, Caldwell Parish, Louisiana (U.S.).

ClassNK awards approval in principle for methanol fuel supply system developed by Mitsui E&S Shipbuilding

ClassNK reviewed Mitsubishi Shipbuilding's system conceptual design based on part A of its "Guidelines for Ships Using Alternative Fuels," integrating IMO Interim Guidelines, and issued the AiP upon confirming compliance with prescribed requirements.

Maersk names second vessel of its large methanol-enabled fleet “Astrid Maersk” in Japan

In a ceremony held in Yokohama, Japan today, the world's second large methanol-enabled container vessel was named "Astrid Mærsk".

Trafigura consortium in talks to buy Exxon oil refinery in France

Rhone Energies, a consortium of commodity trader Trafigura and Entara LLC, is in exclusive negotiations with Exxon Mobil's ESSO SAF to acquire the Fos-sur-Mer refinery in southern France and the Toulouse and Villette de Vienne terminals.

Avril expects biofuel-driven profit surge by 2030

French oilseeds group Avril expects its core profit to increase by over half by the end of the decade as its crop-based food, fuel and industrial products meet demand for lower-carbon goods.

Russia's Orsk refinery declares force majeure on fuel supply due to floods

Russia's Orsk oil refinery, which has halted output after widespread floods, declared force majeure on fuel supplies from April 8, according to a document issued by plant owner Forteinvest.

Singapore’s EU ETS liabilities of $363 MM can accelerate green shipping initiatives

Singapore-registered vessels will be required to contribute a significant $363 MM share of Asian shipping’s total emissions liabilities under the EU ETS, underlining the importance of the Lion City as a key maritime hub for both global trade and decarbonization.

Biden administration's (U.S.) initial SAF subsidy model to raise climate hurdle for ethanol

The Biden administration will release a preliminary climate model for its SAF subsidy program in the coming weeks that is more restrictive than what the corn-based ethanol industry had expected.

The illusion of accuracy in analyzing plant failures

This article highlights the challenges faced by plant engineers in accurately determining damage mechanisms, discussing three common illusions of accuracy including temperature limits, reliance on single references, and confirmation bias during failure investigations.

OCP and Fortescue to partner to develop green energy, hydrogen and ammonia in Morocco

OCP Group and Fortescue Energy announced a landmark JV in Morocco which aims to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets.