In the UK, UK-based spaceflight company Orbex has secured £40.4 million for its Series C funding round, led by a new investor, the Scottish National Investment Bank. The new round of funding will allow the company to scale up its resources as it counts down to the first vertical launch from UK soil, as well […]
In Washington, Growth Energy released a study conducted by ABF Economics that found that nationwide access to E15, a 15 percent ethanol blended fuel, could save drivers billions in annual fuel costs, create new jobs, and return billions to the U.S. economy. Specifically, the data show that a nationwide transition to E15 would: · Save […]
In Germany, TUI and Cepsa have signed a collaboration agreement to promote the production and supply of sustainable aviation fuel (SAF). These fuels will be produced from circular raw materials such as used cooking oils, non-food animal waste or biodegradable waste from various industries, and will make it possible to reduce aircraft emissions by up […]
In Massachusetts, 4AIR, the first and only rating system focused on comprehensive sustainability in aviation, announced that it will provide Sustainable Aviation Fuel (SAF) inventory accounting and documentation services for Southwest Airlines. In October 2021, the carrier announced a series of near-term goals, actions, and initiatives in support of a 10-year plan to maintain carbon […]
In Brazil, National Bank for Economic and Social Development (BNDES) will finance the implementation of a CRI GEO Biogás plant to produce biogas and electricity from biodegradable waste. The plant is being built in the municipality of Elias Fausto, on the outskirts of the industrial region of Campinas, in the State of São Paulo. The […]
In Germany, Rosenberger Optical Solutions & Infrastructure (Rosenberger OSI), an expert in fiber optic connections, cabling solutions and infrastructure services, announced that its in-house plastic packaging for patch cords will be switched to bio-based and biodegradable polymers in the coming year. The origin of this was an innovation project in which the company addressed the […]
In Germany, for enhancing flavors, the production of dyes, pharmaceutical products and bio polyesters—succinic acid is a versatile platform chemical. A team led by researchers at Jacobs University Bremen has developed an economically and ecologically attractive process for the production of succinic acid by more effectively incorporating carbon dioxide (CO2). Researchers are currently exploring alternatives […]
In Indonesia, Bloomberg reports the country aims to implement an E20 blend at the pump next year. State-owned oil company Pertamina has wanted to blend ethanol for some time, but low oil prices kept it from doing so while its new net zero ambitions for 2060 are helping it to move the dial. The new […]
In the UK, bp announced that it has agreed to acquire Archaea Energy Inc., a leading producer of renewable natural gas in the US. The agreed acquisition, which is subject to regulatory and Archaea shareholder approval, will be for $3.3 billion in cash, as well as around $800 million of net debt. Acquiring Archaea will […]
In Italy, Eni met with the president of Tuscany, and the mayors of Livorno and Collesalvetti to confirm that the company is investigating the opportunity to build a new bio-refinery at Eni’s industrial site in Livorno. The feasibility study involves building three new plants for the production of hydrogenated biofuel: a biogenic feedstock pre-treatment unit, […]
