The Science Based Targets initiative (Sbti) has approved Ørsted’s new 2030 climate targets which covers the full value chain emissions (scope 1-3) and aligns with the 1.5C pathway.

With a hefty investment of 600 million euros, Moeve has plans to develop 30 new biomethane plants across Spain. The move is in line with the company’s aim of producing 4 TWh of biomethane in Spain by 2030.

Solvay has now achieved 100 % renewable energy at its Rheinberg site in Germany with the installation of a second biomass boiler at its soda ash and bicarbonate plant. With this move, the plant is expected to reduce its CO2 emissions by 65 % annually as compared to its 2021 levels.

Accelera's advanced Hylyzer PEM electrolyzer technology will be used for BP's Lingen green hydrogen project in Germany. Once fully commissioned, the 100 MW electrolyzer system is expected to produce up to 11,000 tons of green hydrogen per year.

Adnoc and OMV have plans to combine Borouge and Borealis to establish a new firm, Borouge Group International. The newly formed company is also expected to acquire Nova Chemicals for 13.4 billion dollars, thus establishing the world’s fourth-largest polyolefins player.

Under a collaboration between Henkel and Celanese, both the firms will work together to produce water-based adhesives made from captured CO2 emissions. The move is expected to create new opportunities for customers in the packaging and consumer goods sector to increase the renewable content of their products.

ABB has entered into a MOU with Bilfinger with an aim to collaborate on instrumentation and digital solutions in order to boost operational efficiencies in the energy and process industries.

Smart technologies such as artificial intelligence and generative artificial intelligence are in vogue. Its many benefits have encouraged industrial players, especially in the chemical and oil & gas sector, to explore the technologies and even incorporate it into their industrial plants. Curious to know more? Read on…

Every Thursday, S&P Global Platts will publish a price for liquid green hydrogen for the following week based on Plug’s supply and demand. With this move, Plug has already entered into multiple spot pricing agreements with several key industry players.

The World Future Energy Summit 2025 was held from January 14 – 16 at the Abu Dhabi National Exhibition Centre in Abu Dhabi, UAE. Industry experts appealed for a surge in new tech and global climate change ambitions at the three-day event.