In Texas, Murex LLC, a low carbon fuels marketing and logistics company, announced that it has secured transloading contracts through its affiliate, Gulf Gateway Terminal LLC, with two separate fuel distributor customers that rail renewable product into the California market. Murex owns and operates GGT in the Port of New Orleans, which has both barge […]
In Denmark, Lenzing has collaborated with FLOCUS, Marchi&Fildi, Studio MLR, and PYRATEX on a new sustainable fabric design, which can be used as a unique and sustainable alternative for functional wear. The double-layer construction consists of a blend of TENCEL branded modal fibers with Eco Color technology and kapok fibers on the inside and 100% […]
In Texas, Cresta Fund Management and Lapis Energy LP announced an agreement for Cresta to fund the Company’s origination, development and implementation of Carbon Capture and Storage (CCS) and clean hydrogen projects that enable industrial de-carbonization critical to the achievement of global net zero goals. Lapis Energy, a Dallas, Texas-based CCS company formed by a […]
In Washington, Dow Jones reports Energy Information Administration data shows ethanol production fell to its lowest level since early October at 1.01 million barrels per day which in turn pushed stocks to their highest in nearly a year at 22.91 million barrels. Analysts expected stocks to be between 21.11 million barrels to 22.06 million barrels […]
In Peru, La Republica reports state-owned company Petroperú selected the offer from the national company Heaven Petroleum Operators (HPO) for the supply of B100 biodiesel, after a process in which foreign firms Trafigura and Repsol Trading, as well as BioEnergy Peru also presented their respective economic proposals. HPO is the same supplier that won a […]
LanzaJet secures $50M from Microsoft CIF for first commercial SAF plant LanzaJet, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet’s (and the world’s) first alcohol-to-jet sustainable aviation fuel (SAF) […]
In Texas, ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components. Biojet AS plans to develop up to five facilities […]
In California, Vertimass and European Energy have completed a Letter of Intent to integrate technologies for capturing carbon dioxide and converting it into hydrocarbon products around the world, a result that would reduce emissions of carbon dioxide that contribute to climate change. This unique combination takes advantage of European Energy’s expertise in capturing carbon dioxide […]
LanzaJet secures $50M from Microsoft CIF for first commercial SAF plant LanzaJet, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia, through the Microsoft Climate Innovation Fund. The Microsoft Climate Innovation Fund has made a $50M investment to support the construction of LanzaJet’s (and the world’s) first alcohol-to-jet sustainable aviation fuel (SAF) […]
In Zimbabwe, News Day reports that after a decade of the E10 blending mandate, the national energy regulator has scrapped ethanol blending all together. Ethanol blending in the country has been riddled with controversy from a monopoly supplier and concerns of corruption surrounding it together with environmental challenges that has impeded ethanol production at times […]
