Category: Fuels

IndianOil and Praj sign term sheet to advance biofuels production

IndianOil and Praj sign term sheet to advance biofuels production

July 6, 2023 |

In India, Indian Oil Corporation Limited (IndianOil) and Praj Industries Limited (Praj) signed a term sheet to advance plans to strengthen biofuels production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), ethanol, compressed biogas (CBG), biodiesel and bio-bitumen among others. Earlier in October 2021, both the companies had entered into an agreement to form a 50:50 Joint Venture to this end. Biofuels […]

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Tallgrass and Korea Western Power team up for GW-scale green hydrogen and ammonia production

Tallgrass and Korea Western Power team up for GW-scale green hydrogen and ammonia production

July 6, 2023 |

In South Korea, Tallgrass and Korea Western Power (“KOWEPO”) announced a cooperation agreement for development of gigawatt scale green hydrogen and ammonia production. The scope of the cooperation agreement includes a comprehensive feasibility study for green hydrogen production a process that makes hydrogen from renewable energy and electrolysis. This announcement builds on a previous memorandum of […]

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bp invests $10M in WasteFuel

bp invests $10M in WasteFuel

July 6, 2023 |

In California, bp expanded its investment in bioenergy as bp ventures committed $10 million, leading the Series B investment round, in WasteFuel, a California-based biofuels company that will use proven, scalable technologies to convert bio-based municipal and agricultural waste into lower carbon fuels, such as bio-methanol.  WasteFuel plans to develop multiple bio-methanol plants around the […]

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Mitsui & Co. acquires 49% of Kasso MidCo to develop e-methanol business

Mitsui & Co. acquires 49% of Kasso MidCo to develop e-methanol business

July 6, 2023 |

In Japan, Mitsui & Co., Ltd. has agreed to acquire a 49% equity interest in Kasso MidCo ApS, an affiliate of European Energy A/S. MidCo possesses a solar power generation and e-methanol business through Solar Park Kasso, its wholly owned subsidiary. Kasso’s e-methanol is a low-carbon methanol produced by synthesizing green hydrogen made by feeding […]

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Naturgy to build 20GWh biomethane plant in Valencia

Naturgy to build 20GWh biomethane plant in Valencia

July 6, 2023 |

In Spain, Naturgy, in collaboration with AEMA Servicios Energéticos, will develop a new biomethane plant located in the Valencian municipality of Utiel, with the capacity to produce 20 GWh per year. The construction of the project will begin shortly after having the environmental license and the works license granted by the Utiel City Council and […]

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Avantium teams with SCG Chemicals to further develop CO2-based polymers

Avantium teams with SCG Chemicals to further develop CO2-based polymers

July 6, 2023 |

In the Netherlands, Avantium N.V has agreed to partner with SCG Chemicals Public Company Limited (“SCGC”), a leading integrated chemical player in Asia and an innovator of chemical innovations and solutions. Under this partnership, Avantium and SCGC agreed to further develop CO2-based polymers and to scale-up to a pilot plant with an indicative capacity of 10 metric tons per annum. […]

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Bunge and REG acquire Argentine camelina seed company

Bunge and REG acquire Argentine camelina seed company

July 5, 2023 |

In Missouri, Bunge and Chevron’s Renewable Energy Group Inc., acquired Chacraservicios S.r.l., based in Argentina from the Italian-based Adamant Group. This latest investment in novel seeds adds a new oil source in Bunge and Chevron’s global supply chains and will help both companies meet the growing demand for lower carbon renewable feedstocks. Terms of the […]

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Topsoe technology selected by HF Sinclair for three US renewable fuel facilities

Topsoe technology selected by HF Sinclair for three US renewable fuel facilities

July 5, 2023 |

In Denmark, Topsoe was selected by HF Sinclair as a technology provider for their production of renewable fuels at three facilities: Sinclair, Cheyenne and Artesia. All three facilities have now successfully been put into operation and deliver renewable diesel into the United States transportation market. These facilities utilize Topsoe’s HydroFlexTM technology for the conversion of […]

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TotalEnergies and INEOS team to improve ethylene supply in eastern France

TotalEnergies and INEOS team to improve ethylene supply in eastern France

July 5, 2023 |

In France, TotalEnergies and INEOS have signed agreements to realign their respective stakes in their production assets and logistics infrastructure to better reflect the balance between their production and internal use of ethylene in eastern France. For TotalEnergies, this exchange of interests supports the integration between its petrochemical sites at Feyzin, near Lyon, and Carling […]

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Deutsche Beteiligungs acquires majority stake in Avrio Energie

Deutsche Beteiligungs acquires majority stake in Avrio Energie

July 5, 2023 |

In Germany, Deutsche Beteiligungs AG (DBAG) has invested in best in-class biogas platform Avrio Energie. The investment is made alongside a fund advised by DBAG that will acquire a majority stake in Avrio Energie from family-owned Leyendecker Group. DBAG will contribute both financial resources and expertise to support the company’s expansion plans. The founders of […]

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