In Spain, La Vanguardia reported that Spanish oil company Repsol will invest $133 million to transform a unit of its plant in Puertollano with the aim of producing biodiesel from 2025. This was announced by the CEO of Repsol, Josu Jon Imaz, during the presentation to analysts of the company’s results during the first half […]
In California, Coherent Market Insights reported that the global biofuels market is estimated to be valued at $213.68 million in 2022 and is expected to experience a CAGR of 9% during the 2023-2030 period. “Rapid growth of the transportation sector is one of the key trends expected to augment the growth of the global biofuels […]
In the UK, IBIA said it has signed a cooperation agreement with Green Marine to deliver methanol bunker training. The cooperation agreement aims to provide for existing and future crew operating on bunker tankers and bunker surveyors are competent and ready for methanol bunkering on a larger scale. The plan is to commence the training […]
In Germany, Ardian announced it has signed an agreement for the intended acquisition of 100% of Netherlands-based Attero, one of the largest independent European waste management and circular economy platforms. Headquartered in Wilp, Attero is a leading Dutch operator of energy-from-waste, plastics recycling, biomethane production, and inert mineral depository facilities, processing 3.6 metric tons of […]
In Germany, SFC Energy AG, a supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, has launched the manufacturing of hydrogen and methanol fuel cells at its New Delhi/Gurgaon site in India. “The climate-friendly transformation of the economy is an urgent challenge and a significant common concern for Germany and […]
In New Zealand, bp Marine, part of bp’s trading and shipping business, said it has entered into a long-term supply agreement with integrated transport company StraitNZ, which includes the supply of marine biofuels in the port of Wellington. “This is the first of its kind for the Port of Wellington,” said global head of bp […]
In Singapore, Maersk and Hong Lam Marine Pte Ltd have successfully conducted the world’s first ship-to-containership methanol bunkering operation of a Maersk’s container vessel on 27 Jul 2023 at the Raffles Reserved Anchorage in Singapore, with the support of the Maritime and Port Authority of Singapore (MPA), government agencies and research institutes. This is also […]
In Louisiana, SunGas Renewables Inc. announced the formation of Beaver Lake Renewable Energy, LLC, which will construct a new green methanol production facility in Central Louisiana. A wholly-owned subsidiary of SunGas Renewables, BLRE is expected to generate from the facility nearly 400,000 metric tons of green methanol per year for marine fuel while creating more […]
In Spain, Técnicas Reunidas, a global engineering company, has signed a Memorandum of Understanding (MoU) with IFC, the private sector arm of the World Bank, to help accelerate the decarbonization of Eastern European economies. The collaboration seeks to facilitate the transition to low-carbon technologies and promote the decarbonization of carbon intensive industries. Under the MoU, […]
In Illinois, the United Airlines Ventures Sustainable Flight Fund – a way for companies and consumers to come together and increase the supply of sustainable aviation fuel (SAF) through the support of start-ups – has increased its investment power to nearly $200 million and added eight new corporate partners, five months after its initial launch. American […]
