In Indonesia, PT Perusahaan Gas Negara Tbk (PGN, a natural gas supplier and subsidiary of Indonesian national oil company PT PERTAMINA), JGC Holdings Corporation, Osaka Gas Co. Ltd. and INPEX CORPORATION have started detailed discussions on commercialization of biomethane derived from palm oil mill effluent (POME) in Indonesia. Pertamina, JGC, Osaka Gas and INPEX have […]
In the UK, ENGIE has acquired Ixora Energy Ltd, a leading biomethane producer based in the UK since 2017. The acquisition, secured for £64.8 million, was made from the responsible investment manager, Downing LLP. This strategic move marks the addition of three new production units to ENGIE’s portfolio, which are located in Devon and Somerset, […]
In Spain, ITOCHU Corporation has executed a Memorandum of Understanding with the marine fuels supplier, Peninsula Petroleum S.L on the joint development of ammonia bunkering in Spain. This MOU is an important milestone for social implementation of the use of ammonia as marine fuel on a global scale, and also a necessary step toward the […]
In Australia, Ampol has announced it will conduct a renewable diesel trial, with Hanson confirmed as its first customer partner. The trial will allow Ampol to get a practical understanding of the customer demand and market feasibility of renewable diesel in Australia. Ampol will supply Hanson with a blend consisting of 20 per cent renewable […]
In Washington, HO Sports, a watersports designer and manufacturer has announced the launch of their new Sabre Water Ski in partnership with Checkerspot, a biotechnology company headquartered in Alameda, California. The new product features a biobased foam core designed specifically for water skis, developed through Checkerspot’s WING Platform, which custom formulates algae-derived biomaterials to meet […]
In Florida, Royal Caribbean reported it has tested a new biofuel alternative on a cruise ship this week that is part of the company’s overall environmental strategy. Symphony of the Seas became the first ship in the maritime industry to successfully test and use a biofuel blend in Barcelona to reduce the ship’s carbon emissions, […]
In India, Fortune Business Insights reported that global waste to energy market size is forecasted to grow from $33.28 billion in 2022 to $44.62 billion by 2029. According to the report, the market is expected to expand at a CAGR of 4.3% during the period. :The waste to energy market is driven factors such as, […]
In Malaysia, The Edge reported that Citaglobal has entered into a memorandum of understanding (MOU) with Chinese company Shanghai SUS Environment Co Ltd (SUS) for joint collaboration and development of waste-to-energy (WTE) projects in Malaysia. Citaglobal said that the main aim of the agreement was to formalize the intention of both parties to explore potential […]
In Brazil, Bloomberg reported that Brazilian ethanol producer Atvos is investing to increase ethanol production in Brazil. The company plans to invest $320 million this year and $300 million a year each in 2024 and 2025, according to the report. The goal of the investment program is to increase processing closer to 32 million metric […]
In The Netherlands, Offshore Energy reported that Denmark’s tanker shipping company Uni-Tankers and marine energy solutions provider KPI OceanConnect have completed the trial of the B30 biofuel blend onboard Uni-Tankers chemical tanker. Uni-Tankers noted that the trial took place in Amsterdam on board Uni-Tankers’ 5,700 DWT chemical tanker M/T Alsia Swan. KPI OceanConnect arranged for […]
