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Latest News: Sustainability

Clariant and Technip Energies awarded two contracts for new SMR technology

Clariant AG (Muttenz, Switzerland) and Technip Energies (Paris) have announced a breakthrough in steam methane reforming (SMR) that reduces the CO2 footprint of the process up to 20%. Being the acronym of “enhanced annular reforming tube for hydrogen,” EARTH technology has…

Baker Hughes and Shell enter agreement to promote decarbonization goals

Baker Hughes (Houston) and Shell Global Solutions BV have signed a broad strategic collaboration agreement to accelerate the global energy transition by helping each other achieve their respective commitments for net-zero carbon emissions and advancing solutions to decarbonize energy and…

thyssenkrupp becomes key strategic partner of Dii Desert Energy

Thyssenkrupp (Essen, Germany) intends to enter into a strategic partnership with Dii Desert Energy — an independent industry initiative and market enabler from Dubai and Munich. Dii, also known as Desertec Industrial Initiative, has been a pioneer in the MENA…

Baker Hughes invests in “turquoise” hydrogen startup Ekona Power

Baker Hughes (Houston) has announced an investment in Ekona Power Inc. (Vancouver, B.C., Canada), a growth-stage company developing novel "turquoise" hydrogen production technology. Through its investment, Baker Hughes will enhance its broader hydrogen and natural gas decarbonization solutions portfolio, further…

Praj and IOCL sign MOU to accelerate sustainable aviation fuels in India

Praj Industries Ltd. (Pune, India) and Indian Oil Corp. Ltd. (IOCL; New Delhi) have inked an MoU to fast-track India's transition to cleaner and greener sources of energy by exploring sustainable aviation fuels, first- and second-generation ethanol, compressed biogas (CBG)…

McDermott and Shell sign MoU related to construction decarbonization

McDermott International Inc. (Houston) has signed a memorandum of understanding (MOU) with Shell Eastern Petroleum Pte Ltd (Shell), a subsidiary of Royal Dutch Shell plc, to collaborate on decarbonizing construction. The agreement enables McDermott and Shell to explore opportunities for…

Canadian partners exploring new chemical recycling pilot plant for agricultural plastic waste

Aduro Clean Technologies, a Canadian developer of patented water-based technologies to chemically recycle plastics and transform heavy crude and renewable oils into new-era resources and higher-value fuels, has entered into discussions with Switch Energy, a recycler and operator participating in…

Plastic Energy and Axens to license advanced plastics recycling process

Plastic Energy (London, U.K.) and Axens (Rueil-Malmaison, France) have announced the signing of a strategic collaboration agreement in the field of advanced recycling of plastics, to increase recycling and decrease plastic waste. Plastic Energy and Axens will market and license…

Haldor Topsoe and Hyundai Oilbank collaborating on carbon-reducing energy solutions

Hyundai Oilbank and Haldor Topsoe A/S (Lyngby, Denmark) will jointly seek to identify opportunities within blue and green hydrogen, waste plastic recycling, bio-refinery, eFuels, CCUS (carbon capture, utilization and storage) and other solutions to reduce carbon emissions.   The Memorandum of…

Norsk Hydro and Shell join forces to explore renewable hydrogen projects

Hydro Havrand, Norsk Hydro ASA’s (Oslo, Norway) green hydrogen company, and Shell New Energies Holding Europe B.V. have agreed to explore the potential for joint projects producing hydrogen from renewable electricity. The ambition is to use the hydrogen to help…