The environment

bp has announced plans for a US$269 million investment in three projects at its Cherry Point Refinery in Washington state, US.

The IEA reports that while investment is increasing in hydrogen projects to support the energy transition, further efforts are needed to reduce costs and encourage wider use across sectors.

Ardian, a private investment house, via its infrastructure business, and FiveT Hydrogen, a clean-hydrogen enabling investment platform, have announced a partnership to create Hy24, an equally owned joint venture.

Valmet has announced that it will rebuild the pretreatment system for RE Energy’s biorefinery in Denmark.

NEUMAN & ESSER GROUP has established a cooperation with the Technical College ‘Shunde Polytechnic’ of Foshan in South China to develop decarbonisation technologies.

LyondellBasell has announced its ambition of, and approach to, achieving net zero emissions from global operations by 2050. As an interim step toward 2050, the company also announced a strategy to achieve an absolute reduction of 30% in scope 1 and scope 2 emissions by 2030.

Shell and BASF aim to accelerate the transition to net-zero by working together to evaluate, de-risk, and deploy BASF’s Sorbead adsorption technology for pre- and post-combustion Carbon Capture and Storage (CCS) applications.

Shell Oil Products US, a subsidiary of Royal Dutch Shell plc, has successfully achieved startup and production of renewable natural gas (RNG) at its first US biomethane facility, Shell New Energies Junction City in Oregon.

Sinopec has received the first carbon-neutral petroleum certificate issued by Shanghai Environment and Energy Exchange (SEEE).

Leaders of the world’s largest energy sector businesses are focusing their investments on talent and technology as the industry faces continued uncertainty from COVID-19 and the climate crisis, according to new research from KPMG.

INEOS Grangemouth has announced planned further investment of over £1 billion towards reducing greenhouse gas emissions at its site to net zero by 2045.

Honeywell and Wood have announced a comprehensive package of technologies to support the effort to produce carbon-neutral aviation fuel (SAF).

Technip Energies and National Petroleum Construction Co. have signed a Memorandum of Understanding (MoU) to advance energy transition in the UAE and other countries in the MENA region.

8 Rivers Capital LLC has announced an MOU between subsidiary Zero Degrees Whitetail 1 Ltd and Navigator Terminals to explore potential collaboration across the storage and transport of chemicals, gases and liquids in the UK by ship.

The programme aims to build the foundation of the net-zero economy by bringing together businesses, governments, philanthropies, and individuals to invest in critical climate technologies.