In Norway, TotalEnergies has signed an agreement with CapeOmega Carbon Storage AS, a wholly owned subsidiary of CapeOmega AS, to acquire the 40% participating interest held by CapeOmega in the CO2 storage exploration license ExL004 (the “Luna” project). Located 120 km offshore Bergen in 200 m water depth, ExL004 covers an area of 453 sq.km. […]
In Finland, Neste has entered a cooperation with Suntory, ENEOS and Mitsubishi Corporation to enable the production of PET (Polyethylene Terephthalate) resin made with renewable Neste RE on a commercial scale. Neste RE is Neste’s feedstock for polymers production, made 100% from bio-based raw materials such as waste and residues, e.g. used cooking oil, to […]
In Brazil, Reuters reports Raizen has secured ISCC CORSIA Plus certification from ICAO for its ethanol-based SAF produced at its Piracicaba facility, becoming the first ethanol producer in the world to do so, even if it is unclear exactly how much ethanol-based SAF it will produce. Brazil as seen as a potential solution to the […]
In Japan, on July 28, Nippon Yusen Kabushiki Kaisha, the NYK Group’s Asahi Shipping Co., Ltd. and Kobe Steel, Ltd. supplied biodiesel fuel using ship-to-ship transferto the bulk carrier Sunrise Serenity at the port of Kobe in Hyogo Prefecture. The vessel was supplied with biofuel by Toyota Tsusho Marine Fuels Corporation and consumed biofuel on […]
In the UK, the country’s downstream oil sector’s leading trade body began its new phase as Fuels Industry UK to demonstrate its evolving remit to champion low carbon fuels as well as traditional petroleum products. Previously known as the United Kingdom Petroleum Industry Association (UKPIA), the name change reflects its members’ ambition to manufacture and […]
In Texas, Verde Clean Fuels recently announced a Carbon Dioxide Management Agreement between Verde and Carbon TerraVault JV HoldCo, LLC, a carbon management partnership focused on carbon capture and sequestration development formed between Carbon TerraVault, a subsidiary of California Resources Corporation. Under the terms of the agreement, Verde will construct a new renewable gasoline production […]
In California, Nature Coatings recently announced the successful completion of an oversubscribed $2.45 million Seed funding round. The investment round was led by Regeneration.VC and The 22 Fund, with participation from actor and environmentalist Leonardo DiCaprio, Safer Made, and Portfolia. This significant investment follows the highly successful launch of Nature Coatings’ flagship product, BioBlack TX, […]
In Massachusetts, Conagen and Sumitomo Chemical have announced to jointly develop p-hydroxystyrene (HS) and its polymer, poly p-hydroxystyrene (PHS), using a combination of biosynthesis, chemosynthesis and polymerization. The monomer and the polymer are 100% renewable carbon, marking a new era of sustainable production. With renewable biomass as the starting material, this joint development between Conagen […]
In Finland, Neste and ScanOcean have brought Neste’s marine fuel enabling lower greenhouse gas (GHG) emissions to the Swedish market. The companies said that the first shipment of nearly 600,000 liters is now available at the Södertälje terminal for vessels bunkering in the Stockholm area as well as those in transit to Lake Mälaren. “We […]
In Massachusetts, Yield10 Bioscience, an agricultural bioscience company, said that the firm demonstrated significant progress toward building a value chain for broadly commercializing Camelina as a platform crop to produce low-carbon intensity feedstock oil for the biofuel market during the first half of the year. Oliver Peoples, President and Chief Executive Officer of Yield10, said: […]
