EIA expects US fossil fuel production to increase
After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil and coal) increased by 2% in 2021 to 77.14 quadrillion Btu.
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In 2021, Petrobras beat its record investment in preventative maintenance at its refineries, with a spend of R$2.3 billion.
Three additional companies have announced their support for exploring the implementation of large-scale carbon capture and storage (CCS) technology in and around the Houston industrial area.
Cyclyx, a consortium-based plastic feedstock management company, has announced that Dow has joined the Cyclyx consortium.
The new facility is located in Texas, US, and will produce materials used in packaging, agricultural film, construction materials, clothing, and automotive coolants.
TOYO and SCG Chemicals have entered into an MoU to jointly improve the process for turning mixed plastics into recycled feedstock for petrochemical businesses.
The agreement will lead to cooperation between the two companies in the area of carbon management, and the development of exchange trade in carbon units.
Masdar, one of the world’s leading renewable energy companies, has welcomed TotalEnergies to a Masdar-led initiative focused on using green hydrogen to produce sustainable aviation fuel (SAF).
The companies have signed an HOA to negotiate a sale and purchase agreement for the supply of LNG from a proposed Commonwealth LNG development in Louisiana, US.
Neste has been included in the Corporate Knights 2022 Global 100 Index of the most sustainable companies in the world for the 16th consecutive time.
