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The environment

EET secures government backing for SAF production hub

Essar Energy Transition (EET) has secured £2.5 million funding from the UK government to develop one of the largest advanced SAF production facilities in the UK, based at EET’s Stanlow energy hub.

 

bp agrees to sell US onshore wind business to LS Power

bp has announced that it has agreed to sell its US onshore wind business, BP Wind Energy North America Inc. (bp Wind Energy), to LS Power, as part of its divestment programme to focus business on low-carbon energy and oil and gas.

 

Licella secures funding from Diamond Edge Ventures

Licella has announced strategic funding from Diamond Edge Ventures (DEV), the corporate venture capital arm of Mitsubishi Chemical Group (MCG), a Japanese chemical company, under a Business and Capital Alliance Agreement.

 
 
 

Energy sector drives CCUS growth

GlobalData reports that the energy sector is driving CCUS growth, accounting for over 70% of projects by end-2024.