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BMW Group secures CO2-reduced steel for global production network

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Following initial contracts with European suppliers, the BMW Group has now concluded further 2 -reduced-steel-for-global-production-network">agreements for the supply of CO 2 -reduced steel in the US and China. The plan is to use the steel in series production of cars at the BMW Group’s European plants from 2026 onwards.

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Neste, Marathon finalize transaction to establish JV for production of renewable fuels in US

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Neste Corporation and Marathon Petroleum Corporation (Marathon) announced an agreement to establish a 50/50 joint venture to produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project ). Earlier post.). —Matti Lehmus, Neste’s President and CEO.

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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa.

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Neste investing €1.9B to expand renewable products refinery in Rotterdam; 1.2 Mtpa of SAF

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Neste Corporation has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions. billion will expand Neste’s overall renewable product capacity by 1.3

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NuScale, Shell and partners to assess hydrogen production using SMR

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NuScale Power, along with Shell Global Solutions (Shell) and industry participants will develop and assess a concept for an economically optimized Integrated Energy System (IES) for hydrogen production using electricity and process heat from a NuScale VOYGR small modular reactor (SMR) power plant.

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Global Clean Energy buys Bakersfield refinery for $40M, converting to produce renewable diesel

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Global Clean Energy Holdings, Inc., GCEH will immediately commence retooling the refinery to produce renewable diesel from organic feedstocks such as vegetable oils. The balance of feedstock will be provided from various non-petroleum renewable feedstocks, such as used cooking oil, soybean oil, distillers’ corn oil, and others.

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Topsoe technology to support Cresta’s renewable diesel and sustainable aviation fuel production in Canada

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Cresta Funds Management (Cresta) has chosen Topsoe’s HydroFlex solution for revamping the Braya Renewable Fuels refinery (Braya) in Newfoundland, Canada. The refinery will produce up to 18,000 barrels per day of Renewable Diesel and sustainable aviation fuel (SAF) initially; the capacity will increase further in various stages of expansion.

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