VistaJet announced an agreement with AEG Fuels to purchase Sustainable Aviation Fuel (SAF) produced by OMV at Vienna International Airport. The agreement accelerates VistaJet’s journey to carbon neutrality by 2025. VistaJet’s commitment to replace over 200,000 USG of conventional jet fuel consumption with a blended SAF is expected to generate over 165,000 kg of CO2
In addition to navigating new and shifting methane emissions regulations, oil and gas producers are navigating new and shifting emissions detection technology. ExxonMobil, the industry giant is launching an aggressive campaign to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions from its Permian Basin assets by 2030 and company-wide among its operated
Using biodiesel to run truck engines can help reduce automotive greenhouse gas emissions, but the problem is that biodiesel releases more nitrogen oxide emissions than fossil diesel does. It further has a lower calorific value, which means you need more of it in your tank. Scientists say mixing water with biodiesel addresses these problems. You
RUDN University chemists have improved the catalyst for ethanol conversion. With it, a mixture of compounds with a high-octane number was obtained. This was achieved thanks to a special substrate for the activated carbon catalyst. In the future, such developments will help to obtain more environmentally friendly fuel additives and thus reduce the carbon footprint.
The US could become a net exporter of crude oil, amidst sanctions against Russia’s exports of oil and natural gas following its invasion of Ukraine, with the Washington’s massive release of oil from emergency reserves to combat surging gas prices. Sales of US crude to other countries have reached a record 3.4 million barrels per
Al-Shawamikh Oil Services received the first batch of environmentally friendly bio-fuel (bio-diesel) from Wakud International, the first bio-fuel production plant in Oman, located in Khazaen Economic City. The bio-diesel will be used by al-Shawamikh Company to reduce greenhouse gas emissions and achieve zero carbon neutrality. Oman has recently inaugurated the Oman Oil Marketing Company (OOMCO)
Carbon reduction from coal power plants is a key challenge and Co-firing of low carbon fuel will facilitate the transition towards a low carbon energy economy and subsequent it to “Net Zero” emission. In its efforts to adopt advanced powering technology to decarbonize power generation in India, NTPC Ltd., the country’s largest power generating utility,
The World Bank´s board of directors approved a $500 million project in Brazil to expand sustainability-linked finance and strengthen the private sector’s capacity to access carbon credit markets and help the country curb deforestation. Sustainability-linked financing (SLF) allows for lower financing costs when certain environmental, social and governance (ESG) requirements are met by a company
As the world is marching towards cleaner energy solutions to mitigate the use fossil fuels on earth, it has become vital to switch to green and clean alternatives. After the recent UN Climate summit (COP 27) held in Egypt several nations have taken steps in this direction of making their respective countries green by adopting
CREA, the Center for Research on Energy and Clean Air, tracks carbon emissions in Europe. In its latest report, it says November 2022 saw the lowest values for the month in the EU in at least 30 years for total CO2 emissions, gas consumption, power sector CO2 emissions, and power generation from fossil fuels. Some