Rentech recently announced that it will eliminate all research and development activities within its energy division to focus on more immediate revenue generating opportunities. Rentech plans to sell its 400 gallons of drop-in fuel per day Product Demonstration Unit in Commerce City, Colorado, which...
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News Commentary | February 11, 2021
While Shell was one of the last European oil majors to announce a net‑zero target, the company's revised milestones are not surprising. Shell has made significant changes due to COVID, announcing plans to write off €20 billion of its oil and gas assets, and has consistently invested in chemicals, ... Not part of subscription
News Commentary | March 03, 2021
This announcement follows India Oil Corporation's (IOC) statement in 2019 that it would invest $28 billion in various technologies through 2025, noting that the bulk of the spending would likely be allocated toward its core refinery business. With the significant decrease in gasoline and diesel ... Not part of subscription
News Commentary | November 18, 2021
Through its venture capital arm, Maersk invested in WasteFuel, a California‑based startup converting municipal and agricultural waste into bio‑methanol, jet fuel, and renewable natural gas. Having already secured a supply of bio‑methanol in Europe earlier this year, this investment allows Maersk to ... Not part of subscription