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SAF company DG Fuels closes investments with two Japanese companies

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DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. These changes eliminate the need for carbon sequestration and reduce the system’s feed-stock handling costs and complexity. Chishima Real Estate Co.,

Companies 370
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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com.

Oil 418
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. The decline in 2020 of -5.2%

Global 221
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Carbon emissions in port of Rotterdam drop more swiftly than national average

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In the period 2016-2020, the port of Rotterdam reduced its total carbon emissions by 27%. As a result of this swift decrease, companies in the port of Rotterdam are currently responsible for 13.5% of the Netherlands’ total carbon emissions: a share that several years ago was 16%.

Carbon 259
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Algae.Tec signs carbon capture biofuels deal with Australia’s largest coal-fired power company

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Algae.Tec has signed a deal with Australia’s largest power company to site an algae carbon capture and biofuels production facility alongside a 2640MW coal-fired power station near Sydney. million tonnes of coal per year and delivers power to eastern Australia, from South Australia to Northern Queensland.

Coal 199
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Aramco, Shandong Energy to collaborate on downstream projects in China; cooperation across H2, renewables and carbon capture technologies

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The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, and Shandong Energy Group, are exploring collaboration on integrated refining and petrochemical opportunities in China. Shandong Energy Group is the third-largest coal mining group in China in terms of production volume.

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Monolith to collaborate with Goodyear on carbon black for its tire production; methane pyrolysis

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Monolith , a leader in clean carbon black production, signed a collaboration agreement and letter of intent (LOI) with The Goodyear Tire & Rubber Company, one of the world's largest tire companies. Monolith’s carbon black enables manufacturers such as Goodyear to meet sustainability goals and demand for clean materials.

Carbon 221