In Romania, OMV Petrom, the largest integrated energy producer in Southeastern Europe, announces the signing of two financing contracts through the National Recovery and Resilience Plan, for the construction of two production facilities for green hydrogen with a total capacity of 55 MW at the Petrobrazi refinery. The contracts were signed with the Romanian Ministry […]
In Canada, the drive to capture airborne carbon dioxide from industrial waste and make it into fuel and plastics is gaining momentum after a team of researchers at McMaster University and computational chemistry experts at Copenhagen’s Danish Technical University uncovered precisely how the process works and where it bogs down. The researchers set out to […]
In Washington, U.S. Senator Sherrod Brown’s (D-OH) push, the U.S. Department of Treasury agreed to revise its proposed rules for implementing the revised Section 48 Investment Tax Credit (ITC) of the Inflation Reduction Act to ensure the final language promotes the conversion of biogas into renewable natural gas to support American manufacturing innovation, the waste […]
In Canada, Braya Renewable Fuels has achieved commercial operations. This marks the successful completion of its refinery conversion project and is the beginning of providing reliable renewable fuel for the energy transition. Braya anticipates initial production capacity of 18,000 barrels per day of renewable diesel, with future plans to expand production capacity, add sustainable aviation […]
In Texas, CVR continues to evaluate opportunities for renewables expansions, particularly into the SAF production at both Wynnewood and Coffeyville. On the potential Wynnewood project, the company plans to begin soliciting bids over the next few months for offtake agreements that would support the potential conversion of the existing renewable diesel unit to 100% SAF. […]
In Singapore, Vitol Bunkers has taken delivery of the “Marine Future”, its first specialized bunker barge in Singapore, strengthening its position in Asia’s expanding biofuel bunker market. The addition of this specialized IMO type 2 notation bunker tanker to the V-Bunkers fleet will uniquely make it possible to supply biofuel blends including B24, B30 and […]
In Denmark, Kvasir Technologies has successfully closed a seed extension, securing substantial investments from sustainability advisory and impact investor The Footprint Firm, based in Copenhagen, and the Export and Investment Fund of Denmark (EIFO), formerly known as Vækstfonden. With this latest round, Kvasir Technologies has now secured 11 million Euros in funding, with the majority […]
In Switzerland, Mocoh announced the formation of a new biofuels trading company this week. Mocoh Sustainable Energy Trading (MSET) sees Mocoh partner with established, global low carbon and biofuels traders Clear Sustainable Energy Trading (CSET). The new entity will supply cleaner energy solutions worldwide, contributing to the acceleration of the global energy transition. MSET, which […]
In the Netherlands, Glomar Offshore has reduced their CO2 emissions by 28% by transitioning from traditional fuels to GoodFuels HVO30. Glomar’s commitment to sailing on HVO30 on a fixed basis marks a new chapter in the longstanding partnership between FincoEnergies and Glomar. Glomar took its first steps towards making its operations more sustainable several years […]
In Australia, Startup Daily reports that Alt.Leather has landed an angel round backed by several investors to allow it to scale up production through access to quality equipment and joint research with Melbourne-based universities. The leather replacement uses a combination of waste streams and regenerative plant derivatives as feedstock. Thanks to the funding injection, the […]
