In the UK, Essar Oil UK Limited announced its plan to build a £360 million major new carbon capture plant at its Stanlow refinery in line with its ambition to become a leading low carbon refinery by 2030. Essar is investing over £1 billion into a range of energy efficiency, fuel-switching, and carbon capture initiatives, […]
In Nevada, Fernhill Corp has sold all assets and intellectual property in its wholly owned Solar and Battery technology-focused subsidiary, World Wide Sun (WWS) to Extreme Biodiesel Inc for a combination of equity and assumption of debt. The transaction includes selling 100% of the assets and technology rights held in WWS, including various Solar Equipment, […]
In the UK, 15 new projects from across South Africa have been announced as the second cohort of projects for Climate Finance Accelerator (CFA) South Africa support, following a call for proposals that attracted 166 applications. The chosen projects come from the energy, transportation, AFOLU (Agriculture, Forestry and Other Land Uses), circular economy and water […]
In Argentina, the Clarin newspaper reports the Ministry of Energy arranged to update the purchase price of biodiesel by 4% per month between December and March, in line with the ceiling of the same percentage that fuels will have. The measure, provided through Resolution 791/2022 published today in the Official Gazette, sets a retroactive increase […]
In the UK, policy support, in the form of a price support mechanism, is needed to deliver sufficient SAF facilities to meet this target through UK production, says the Sustainable Aviation alliance. It says announced UK plants would only meet around half of the target. New analysis shows that the UK has the necessary Sustainable […]
In Australia, the Palaszczuk Government is accelerating plans to make Queensland the capital of a local sustainable aviation fuels industry. Deputy Premier and Minister for State Development Steven Miles said a roundtable was held on Friday, bringing together key industry players to launch a pathway for Queensland to capitalize on the global shift to green […]
In France, Airbus has revealed that it is developing a hydrogen-powered fuel cell engine. The propulsion system is being considered as one of the potential solutions to equip its zero-emission aircraft that will enter service by 2035. Airbus will start ground and flight testing this fuel cell engine architecture onboard its ZEROe demonstrator aircraft towards […]
In Washington, Brownfield Ag reports Energy Information Administration data shows ethanol production has already started to reflect concerns about a potential rail strike that could bring the ethanol industry, and many others, to a halt by cutting volumes last week to 1.018 million barrels a day, 23,000 bpd lower than the week before. The crush […]
In Finland, Neste and Airbus have signed an agreement to advance the use of sustainable aviation fuel (SAF) within the aviation sector. Both parties share a vision that SAF is a key solution to helping reduce greenhouse gas emissions of air travel. This collaboration aims to accelerate the aviation sector’s transition to SAF. Reaching the […]
In Washington, Reuters reports the Environmental Protection Agency has agreed to publish renewable volume obligation mandates for 2023 and beyond by the end of this week although Platts reports the agency promised it would meet its court-ordered Nov. 30 deadline on Wednesday. The expectation is that a multi-year mandate will help tame RIN markets. Together […]
