Aramco, TotalEnergies, and the Saudi Investment Recycling Company (SIRC) have joined forces to evaluate the development of a sustainable aviation fuels (SAF) plant in Saudi Arabia’s Eastern Province. The initiative...
EQT Active Core Infrastructure fund (EQT) and global investor GIC have announced an agreement to acquire a majority stake in Calisen Group, a leading UK provider of smart meters and...
Maersk’s bold sustainability push A.P. Moller-Maersk, a global shipping leader, is targeting up to 20% of its marine fuel consumption to come from alternative sources by 2030. This move is...
Lufthansa Cargo and A.P. Moller – Maersk (Maersk) have announced a strategic collaboration aimed at reducing CO₂ emissions in airfreight through the use of Sustainable Aviation Fuel (SAF). As part...
DHL Express and Shell have entered into a landmark 1-year agreement to promote sustainable air freight operations at Brussels Airport. The deal includes the delivery of 25 kt of Sustainable...
IAG’s Bold Step Towards Decarbonization International Airlines Group (IAG) has announced a groundbreaking purchase agreement with e-SAF producer Infinium to bolster its sustainability efforts. Infinium will supply power-to-liquid e-SAF to...
ExxonMobil (NYSE: XOM) is investing over $200 million to expand its advanced recycling operations at its Baytown and Beaumont sites in Texas. The expansion will add 350 million pounds of...
Eni CEO Claudio Descalzi and MSC Group President Diego Aponte have signed a memorandum of understanding (MoU) to develop joint initiatives focused on sustainability and energy transition. The agreement seeks...
A Major Step Toward Sustainability HSBC Hong Kong, Cathay Pacific, and EcoCeres have joined forces to launch Hong Kong’s most significant initiative to date in promoting sustainable aviation fuel (SAF)....
Record Demand for Iberdrola’s Hybrid Green Bond Iberdrola has successfully placed an €800 million hybrid green bond in the Euromarket, as reported to Spain’s National Securities Market Commission (CNMV). The...
Some of the world’s biggest companies, including BlackRock Inc., Block Inc., Ripple, and Samsara Inc., are driving decarbonization in aviation through a $200 million investment in sustainable aviation fuel (SAF)....
The American Petroleum Institute (API), representing nearly 600 U.S. oil and natural gas companies, has released a policy wishlist for President-elect Donald Trump’s incoming administration. The platform focuses on reversing...
BP, Equinor, Shell, and TotalEnergies have announced a combined commitment of $500 million to support the United Nations Sustainable Development Goal 7 (UN SDG7), which strives for universal access to...
Greenhouse gas (GHG) emissions from Canadian oil sands production remained nearly flat in 2023, with an increase of less than 1%, despite a rise in total production, according to a...
California regulators are preparing to vote on amendments to the state’s Low Carbon Fuel Standard (LCFS), a move that could intensify the push for low-carbon fuels to meet aggressive climate...
Tesla’s stock surged by 12% in premarket trading Wednesday morning, pushing Tesla’s share price toward a new all-time high, as Donald Trump secured his second term as president. Analysts predict...
The Canadian government’s proposed regulations aim to cut emissions in the oil and gas sector by 35% by 2030, compared to 2019 levels. Environment Minister Steven Guilbeault clarified, “This goes...
In a groundbreaking move for sustainable air travel, California Governor Gavin Newsom announced a pioneering partnership between the state and Airlines 4 America (A4A) to increase the use of sustainable...
Bain Capital has acquired an 80% stake in AQ Compute, Aquila Group’s data center business, marking a major move to create a sustainable data center platform across Europe. AQ Compute,...
As we have been discussing about sustainability and fosil sources it is timely where data is the new oil and computational power is its refinery. In this extend, parallel computing...