In South Dakota, Chevron Corporation completed its previously announced acquisition of Renewable Energy Group, Inc. following approval by REG stockholders. As part of the acquisition, Chevron Renewable Energy Group will be headquartered in Ames, Iowa. The team will focus on growing Chevron’s portfolio of lower carbon fuels and feedstocks. As one company, they are combining […]
In Spain, Cepsa and Vueling, an airline that is part of IAG, signed an agreement to accelerate the decarbonization of air transport by researching and producing sustainable aviation fuels as a tool to further reduce the carbon footprint of air transport. These fuels will be produced from circular raw materials that do not compete with […]
In Ukraine, Ukrinform reports that Ukraine has a real opportunity to completely abandon gas imports through developing its own production, including of biogas, according to a statement made by Serhiy Makogon, CEO of Gas Transmission System Operator Ukraine of Ukraine LLC (Gas TSO of Ukraine). “Ukraine has a very large potential for biogas production – […]
In India, Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25% minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). The new partnership, centered on green […]
In Finland, Neste raises its second quarter 2022 outlook and said that while oil markets have been volatile, impacted by the war in Ukraine, the Northwest European gasoline and diesel margins have increased to exceptionally high levels. In addition, Neste’s successful mitigation actions to replace Russian crude oil and natural gas have enabled the company […]
In South Dakota, the Purdue Research Foundation completed a licensing agreement with an international energy company for the commercialization of a new process discovered at Purdue University Northwest for the biological production of hydrogen from food waste. A second licensing agreement with a company in Indiana is under negotiation. This new process uses food waste […]
In South Dakota, The American Coalition for Ethanol introduced a new carbon intensity (CI) calculator to help its members understand the carbon intensity (CI) of their farms and ethanol operations along with a simplified version of the tool to raise awareness about factors impacting the CI of ethanol. Combined, these tools help illustrate corn ethanol’s […]
In South Korea, LG Chem signed a Letter of Intent with GS EPS, South Korea’s leading green energy supplier, to collaborate on a biomass-based ecofriendly energy project – constructing a joint biomass power plant to produce industrial steam and electricity with waste woods by 2025. Attended by key stakeholders including LG Chem’s petrochemical business head […]
In Israel, leading microalgae-based alternative protein company, Brevel, raised $8.4 million in a Seed funding round, which will be utilized to build a commercial pilot factory which will serve as the basis for scaling brevel’s proprietary technology and enhancing R & D capabilities. The alternative-protein’s dedicated investors include FoodHack, Good Startup VC, Tet Ventures and […]
In Finland, Stora Enso estimates that the previous full year 2022 operational EBIT guidance will be exceeded and thus changed its full year 2022 operational EBIT guidance to be higher than the full-year 2021 of EUR 1,528 million. The previous guidance for the full year 2022 was an operational EBIT to be approximately in line […]
