In Washington, the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced up to $15 million in federal funding to make clean hydrogen a more available and affordable fuel for electricity generation, industrial decarbonization, and transportation. Specifically, the funding opportunity will support research and development projects that convert feedstocks—such as coal, […]
In New York state, AIR COMPANY has raised $69M in Series B funding to advance its technology, promote energy security, and drive emissions reductions in hard-to-abate sectors, such as aviation. Avfuel, a leading global supplier of aviation fuel and services, led the round and will be the preferred provider of distribution and logistics, plus environmental […]
In Texas, Vertex Energy entered into a Restructuring Support Agreement with overwhelming support of 100% of the company’s term loan lenders. To facilitate the transactions contemplated under the RSA, including exploration of a sale transaction, the Company commenced Chapter 11 cases in the United States Bankruptcy Court for the Southern District of Texas. The Company […]
In Malaysia, MRNA Scientific Sdn. Bhd., a subsidiary of BioNexus Gene Lab Corp., and Protech Builders Sdn. Bhd. signed a strategic teaming agreement to jointly develop and operate biogas plants across Malaysia. This collaboration marks a significant step in both companies’ efforts to contribute to Malaysia’s growing renewable energy sector, particularly in the generation of […]
In Texas, Utility Global, the off-gas-to-value company pioneering its proprietary eXERO gas production technology optimized for hard-to-abate industries, today announced that it has raised $53 million of an ongoing Series C financing led by the OPG Pension Plan and joined by multinational steel company, ArcelorMittal S.A. via its XCarb Innovation Fund, alongside current investors Ara […]
In Oman, Asyad Group, in collaboration with OQ Alternative Energy and Sumitomo Corporation Middle East FZE, announced a joint study agreement to explore the potential of establishing Oman as a global leader in low-carbon fuels for bunkering. This visionary initiative represents a pioneering step in promoting sustainable shipping practices to meet global decarbonization goals in […]
In Brazil, HIF Global announced its first project in Brazil, after signing a land reservation contract with Port of Açu, one of Brazil’s main ports, to develop a facility to produce up to 800,000 tons per year of e-Methanol. Pursuant to the land reservation contract formalized at a ceremony held during the energy fair ROG.e […]
In Texas, Honeywell announced it has signed an agreement with USA BioEnergy (USABE) to implement its Experion PKS Distributed Control System (DCS) and safety system at USABE’s new Texas Renewable Fuels Bon Wier advanced biorefinery, which is designed to convert wood waste into sustainable aviation fuel (SAF). This collaboration underscores Honeywell’s alignment of its portfolio […]
In the UK, Federal Express Corporation announces its transition to using biofuels in linehaul trucks at three UK sites as of this month. More than 170 trucks – all tractor-trailer combinations – will now refuel with hydrotreated vegetable oil (HVO) across FedEx locations in Parkhouse (80 tractors), Marston Gate (54 tractors), and Atherstone (38 tractors). […]
In Florida, the International Air Transport Association (IATA) will create the Sustainable Aviation Fuel (SAF) Matchmaker to link airlines and SAF suppliers. The development was announced at the World Sustainability Symposium (WSS) with an expected launch date in the first quarter of 2025. Specifically, the SAF Matchmaker will address three critical issues: Connectivity: SAF producers […]
