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Latest News: Sustainability

Adnoc, bp and Masdar sign framework agreement exploring clean-hydrogen hubs in the U.K. and U.A.E.

Abu Dhabi National Oil Company (ADNOC), bp plc and Masdar announced the signing of strategic framework agreements to expand upon the U.A.E. and U.K.’s longstanding track record of bilateral partnership in sustainability, including the potential development of clean hydrogen hubs…

Plug Power to build major green-hydrogen production facility in California

Plug Power (Latham, N.Y.) is expanding its green hydrogen ecosystem to the U.S. west coast with the construction of a new state-of-the-art production facility in Fresno County, California. Green hydrogen is produced through the electrolysis of water with electricity generated…

Petrofac and CO2 Capsol collaborate on carbon capture initiatives

Petrofac Ltd. (St. Helier, U.K.) has signed an agreement with carbon capture technology company, CO2 Capsol, which enables collaboration on carbon capture projects. Under the terms of the non-exclusive agreement, Petrofac will work as a preferred engineering services partner to…

ALPLA, partners to construct plastics recycling plant in Romania

ALPLA Group (Hard, Austria) is investing in the construction of a recycling plant in Targu Mures, Romania as part of a joint venture with its partners. The plastic granulate recycled there in the future will come from PET collected from…

Shell to build major biofuels plant in Rotterdam

Royal Dutch Shell plc (Shell; The Hague, the Netherlands) announced a final investment decision to build an 820,000-ton/year biofuels facility at the Shell Energy and Chemicals Park Rotterdam, the Netherlands, formerly known as the Pernis refinery. Once built, the facility…

Versalis acquires Ecoplastic recycling technology and plants

Versalis S.p.A. (San Donato Milanese), Eni’s chemical company, has acquired on an exclusive basis the technology and plants of Ecoplastic, an Italian company of the De Berg group specializing in the recovery, recycling and transformation chain of styrenic polymers. The…

Air Liquide and Saras launch carbon-capture study at Sarroch refinery

Air Liquide SA (Paris) and Saras  S.p.A. signed a memorandum of understanding (MoU) aimed at exploring the solutions to reduce the carbon footprint of Saras’ Sarroch petroleum refinery in Italy, one of the most important refineries in Europe. As part…

Italian consortium to jointly develop Puglia Green Hydrogen Project

Edison S.p.A. and Snam S.p.A. (both Milan, Italy) have signed a Memorandum of Understanding (MoU) along with Saipem S.p.A. (San Donato Milanese, Italy) and Alboran Hydrogen – who had both already signed a cooperation agreement last year - for the…

Eni signs agreement for production of sustainable aviation fuel, decarbonization of aviation sector

Eni S.p.A. (Rome, Italy) and Aeroporti di Roma (ADR) have signed a strategic agreement to promote decarbonization initiatives in the aviation sector and accelerate the ecological transition of airports. Eni has been producing Hydrotreated Vegetable Oil (HVO) biofuel in its…

Neste and Kinder Morgan to create U.S. storage and logistics hub for renewable-fuels feedstock

Kinder Morgan, Inc. (Houston), one of North America’s largest energy infrastructure companies, is partnering with Neste Corp. (Espoo, Finland), one of the leading providers of renewable and circular solutions, to create a premier domestic raw material storage and logistics hub…