In Texas, Ara Partners announced a collaboration with HF Capital, the investment arm of Jimmy Haslam’s family office which has committed up to $725 million, to launch Ara Energy Decarbonization, aimed at reducing emissions in North America’s energy sector by enhancing operations at ethanol and natural gas plants. Ara Energy Decarbonization will be led by […]
In Texas, KBR has been awarded a contract by Samsung Heavy Industries to conduct a conceptual study on a floating blue ammonia production facility. SHI, one of South Korea’s largest shipbuilders, is diversifying into ocean energy, and the study will focus on integrating KBR’s ammonia technology with SHI’s floating vessel designs. The project leverages KBR’s […]
In Texas, Citroniq Chemicals, a company pursuing biobased polypropylene, has closed a $12-million Series A funding round. Strategic investors were “led by a large multi-national energy technology company providing large rotating equipment across oil & gas, energy and industrial customers in over 120 countries, along with a co-investment by Lummus Technology Ventures, and in partnership […]
In the United Arab Emirates, Exxon Mobil said that Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in Exxon Mobil Corporation’s proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas. Contingent on supportive government policy and necessary regulatory permits, the facility is expected to be the world’s largest of its […]
In Texas, KBR says Avina Clean Hydrogen Inc. has selected the sustainable aviation fuel technology, PureSAF, for its project in the US. Developed by Swedish Biofuels, PureSAF technology is exclusively licensed by KBR worldwide. Under the terms of the contract, KBR will provide the technology licensing, proprietary engineering design, and front-end engineering design (FEED) for […]
In Texas, Argus Media reports California unveiled significantly stricter carbon reduction targets for transportation fuels including a cap at 20% per year on credits generated from soybean- and canola-oil-derived biodiesels starting in 2028. This move is intended to curb the overwhelming supply of credits, which surged due to the increased use of renewable diesel and […]
In Texas, NextDecade Corporation announced that its subsidiary, Rio Grande LNG Train 4, LLC, signed a $4.3 billion lump sum turnkey engineering, procurement, and construction contract with Bechtel Energy Inc. for the construction of Train 4 at the Rio Grande LNG Facility. The contract’s price validity extends through December 31, 2024. NextDecade estimates the total […]
In Texas, Celanese Corporation, a global specialty materials and chemical company, has introduced new biobased Hytrel TPC RS40F2, which, when foamed, is ideal for athletic footwear applications. Incorporating a minimum of 20% segregated bio-content, Hytrel TPC RS40F2 foamed using a physical supercritical fluid (SCF) foaming process helps support the sustainable development objectives of athletic footwear […]
In Texas, Auris-Avalon Group of Companies and Prismecs announced a strategic alliance aimed at advancing the development and deployment of integrated clean energy projects globally. The strategic alliance leverages the unique strengths of both companies to meet the growing demand for sustainable aviation fuel (SAF), biodiesel, green electricity, green hydrogen, and other renewable energy products. […]
In Texas, Neste has commissioned terminal capacity at ONEOK’s terminal in Houston, Texas for blending and storing Neste MY Sustainable Aviation Fuel. This is a major step in further expanding the availability of Neste’s SAF to airlines also operating from airports east of the Rocky Mountains all the way to the East Coast. The new […]
