Shell, BP CEOs defend transition strategy with biofuel highlight
Top European energy executives have denied backpedaling on the energy transition, in part by pointing to their investments in biofuels.
biofuels
New Era Energy invests £40 million in sustainable fuels business
Essex-based fuels, oils and lubricants provider New Era Energy will invest £40m to propel its ambitions to become one of the UK’s leading sustainable fuel brokers.
Shell sees up to $2 billion writedown after biofuels delay
Shell Plc (LON:SHEL) expects as much as $2 billion of impairments in its second-quarter earnings related to a delayed biofuels plant under construction in the Netherlands and its chemicals facility in Singapore.
Shell pauses Dutch biofuels plant construction due to cost
Shell Plc (LON:SHEL) has temporarily paused construction of a biofuels plant in the Netherlands in order to seek ways to cut the cost of the project.
Saipem mulls switch to biofuels for 7000 construction vessel
Testing has shown "positive results" but more work is needed.
Saipem to explore using biofuels to power vessels
Italian contractor Saipem (MIL: SPM) has struck a memorandum of understand with its compatriot Eni (NYSE: ENI) in a bid to decarbonise its fleet.
Shell plans Singapore biofuels plant to meet 2030 emissions goal
Shell is planning to build a biofuels plant in Singapore to help the company meet its target of halving emissions by 2030.
Bill Gates-Led fund raises another $1bn to invest in clean tech
Here’s more evidence the clean-tech boom is only getting bigger. Breakthrough Energy Ventures, the clean-tech venture capital fund led by Bill Gates, has raised $1 billion for a second round of investments after backing 45 startups with its first billion.
Wood to build biofuels plant in Oregon
Aberdeen energy services giant Wood has secured a multi-million dollar construction contract for a biofuels facility in Oregon.
Exxon renews university project to develop biofuels
A leading university and a oil supermajor have renewed efforts to try to work out how to turn biomass into motor fuel.
US watchdog urges lawmakers to probe Trump’s biofuels adviser’s disclosure
A US government watchdog has asked lawmakers to investigate whether billionaire investor Carl Icahn should have been subjected to disclosure laws when he advised President Donald Trump on overhauling the country's biofuels programme.