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2 weeks ago | 
hydrocarbonengineering.com | Oliver Kleinschmidt
The enterprise value of £1.8 billion fully reflects the long-term growth prospects of CT, including the delivery of CT’s sustainable technologies project pipeline. The financial terms of the transaction are highly attractive in comparison to key valuation benchmarks. The enterprise value of £1.8 billion represents a significant premium to the average CT sell-side analyst valuation of £945 million.
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2 weeks ago | 
hydrocarbonengineering.com | Oliver Kleinschmidt
Aduro Clean Technologies Inc., a clean technology company, has announced that it has engaged Delphi, a Canadian sustainability consultancy, to conduct a Life Cycle Assessment (LCA) of the company’s Hydrochemolytic™ technology for waste plastic processing. Delphi is a strategic consulting firm with 35 years of experience, specialising in corporate sustainability, climate change, the green economy, and cleantech innovation.
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2 weeks ago | 
hydrocarbonengineering.com | Oliver Kleinschmidt
A major Technip Energies project has come to fruition with the start of production of sustainable aviation fuel (SAF) by Neste at its modified refinery in Rotterdam, the Netherlands. The modification of Neste's existing renewables refinery enables the production of up to 500 000 tpy of SAF, increasing Neste’s SAF production capability to 1.5 million tpy.
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2 weeks ago | 
hydrocarbonengineering.com | Oliver Kleinschmidt
AD Ports Group, a facilitator of global trade, logistics, and industry, has signed a Head of Terms Agreement with Advario, a global provider of tank storage and infrastructure solutions, to explore establishing a joint venture to develop and operate green energy and liquid bulk storage projects in the UAE and globally.
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2 weeks ago | 
hydrocarbonengineering.com | Oliver Kleinschmidt
Indonesia, Southeast Asia's largest gas market, may face domestic gas supply shortfalls in the coming years, according to Wood Mackenzie's latest analysis. Energy security and affordability have become paramount, particularly in Asia, where gas will play a central role in increasing access to affordable energy while supporting a transition to more sustainable sources.
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2 weeks ago | 
hydrocarbonengineering.com | Oliver Kleinschmidt
Aptamus Carbon Solutions LLC (Aptamus), a subsidiary of Overseas Shipholding Group, Inc. (OSG), a provider of energy transportation, announced it has reached an agreement for the design and engineering of a CO2 discharge terminal at LBC Tank Terminals’ (LBC) facility in Baton Rouge, Louisiana. LBC, an international operator of bulk liquid storage terminals, brings operational expertise and strategically located infrastructure essential to supporting large-scale CO2 transport and storage.
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2 weeks ago | 
hydrocarbonengineering.com | Oliver Kleinschmidt
Infinium, a major producer of commercially available e-fuels, has announced that construction is underway on its second US-based e-fuels production site, known as Project Roadrunner. The project, which includes investors Brookfield Asset Management and Breakthrough Energy Catalyst, is located in Reeves County, Texas, near the city of Pecos, US.
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2 weeks ago | 
hydrocarbonengineering.com | Oliver Kleinschmidt
ADNOC and Emirates Global Aluminium (EGA) has announced a five-year supply agreement for up to 1.5 million t of calcined petroleum coke (petcoke), a key raw material used in aluminium production. The agreement, valued at US$500 million (AE$1.84 billion), was signed during the ‘Make it in the Emirates’ event in Abu Dhabi, underscoring ADNOC’s commitment to supporting the UAE’s industrial growth and enhancing local supply chains.
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2 weeks ago | 
hydrocarbonengineering.com | Oliver Kleinschmidt
Neste and FedEx, the world’s largest express cargo airline, have agreed on the supply of 8800 t (more than 3 million gal.) of blended Neste MY Sustainable Aviation Fuel™ to FedEx at Los Angeles International Airport (LAX). It is the largest SAF purchase by a US cargo airline at LAX to-date. The fuel blend purchase will account for roughly a fifth of all jet fuel consumed annually by FedEx at LAX.
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2 weeks ago | 
hydrocarbonengineering.com | Oliver Kleinschmidt
Ceres Power Holdings plc, a leading developer of clean energy technology, has announced that its first megawatt solid oxide electrolyser cell (SOEC) demonstrator system, located at Shell's Technology Centre in Bangalore, India, is now producing hydrogen. This milestone marks an important step, demonstrating the first megawatt-scale SOEC system in India and the maturity of Ceres' solid oxide electrolyser technology, supported by Shell's installation, integration and safety assurance expertise.
