News
University Of Toledo Receives $3.2M Grant For Algae Biofuel Technology
The University of Toledo received a $3.2 million (€2.7 million) grant, part of a $34 million fund launched by the US Department of Energy’s (US DoE) Bioenergy Technologies Office to support 11 projects that will develop biomass resources. The grant…
A Third of UK Power Could Be Sourced From Hydrogen By 2050
The country has just revealed its strategy to kick start a low carbon hydrogen sector as part of Prime Minister Boris Johnson’s 10-point plan for a “green industrial revolution”. This is an essential step to reach the country’s net-zero targets, and could…
BHP Group Could Be Leaving Oil And Gas Behind
BHP Group, a mining powerhouse, announced it is considering selling its petroleum business in order to cut ties with the oil and gas sector. Currently, BHP has oil and gas fields in Australia, the Gulf of Mexico, Trinidad and Tobago…
Novozymes Invests 2 Bn Danish Kroner into Alt- Protein
Danish biotech giant Novozymes has entered into a contract in the plant-based industry. The partner, a key player in the industry, has not yet been named. As part of the contract, it will invest 2 billion Danish kroner into a new state-of-the-art…
USGC Shows Ethanol Benefits As South Korea And Japan Set Carbon Neutral Policies
Following the lead of policymakers in Japan and South Korea, and considering new emission reduction initiatives, the US Grains Council (USGC) is working to validate the carbon-reduction benefits of blending ethanol into local fuel supplies. Since declaring a goal of…
Raízen Raises $1.15b In Biggest Brazil IPO Of The Year
Shares have started trading in Raízen’s IPO, the largest Brazilian IPO of 2021. A Shell and Brazilian energy company Cosan joint venture company, they raised $1.15 billion, even though shares are priced at the bottom of the suggested range. Shell Brazil…