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Oxford spin-out OXCCU raises US$22.8M to transform carbon dioxide into sustainable aviation fuel

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OXCCU, a company spun-out from the University of Oxford in 2021 that is focused on converting carbon dioxide and hydrogen into industrial and consumer products ( earlier post ), completed an £18-million (US$22.8 million) Series A financing round.

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Chevron, Cummins team on renewable natural gas engine demonstration with Walmart

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Chevron USA, a subsidiary of Chevron Corporation, announced definitive agreements to supply fuel linked to renewable natural gas for a Walmart Inc. Uncaptured methane is more than 25 times as potent as carbon dioxide at trapping heat in the atmosphere. —Andy Walz, president of Americas Fuels & Lubricants for Chevron.

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Cummins and Chevron advance strategic collaboration; focus on lower carbon-intensity fuels

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Cummins and Chevron USA, a subsidiary of Chevron Corporation announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains. This collaboration is intended to encourage commercial and industrial adoption in North America.

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Nucor investing in start-up company Electra developing zero-carbon iron technology

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Nucor Corporation, a North American manufacturer of steel and steel products, has made an equity investment in Electra , a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. —Leon Topalian, Chair, President and Chief Executive Officer of Nucor Corporation.

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GM secures all energy needed to achieve renewable energy goal for 2025; 25 years ahead of target set in 2016

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By achieving this accelerated goal, GM expects to avoid the production of an estimated 1 million metric tons of carbon emissions that would have been produced between 2025 and 2030, equal to the emissions produced by burning 1 billion pounds of coal. Sourcing renewable energy is a critical component of GM’s plans to decarbonize.

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HF Sinclair selects Topsoe’s HydroFlex technology to produce renewable diesel at three facilities in US

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HF Sinclair selected Topsoe as a technology provider for the production of renewable fuels at three facilities: Sinclair, Wyoming; Cheyenne, Wyoming; and Artesia, New Mexico. All three facilities have now successfully been put into operation and deliver renewable diesel into the United States transportation market.

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Marathon Petroleum implements Topsoe technology at Martinez Renewables facility in California

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Marathon Petroleum Corporation selected Topsoe as the technology provider for renewable fuels production at the Martinez Renewable Fuels Facility in California. The facility, part of Marathon’s 50/50 joint venture with Neste, utilizes Topsoe’s HydroFlex technology to convert bio-feedstock into renewable diesel.

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