Author: omc_admin

New SAF alliance integrates full supply chain: Honeywell, Johnson Matthey, GIDARA Energy, and SAMSUNG E&A form a non-exclusive, end-to-end alliance to produce sustainable aviation fuel (SAF) from biomass and municipal waste. Accelerated project timelines, lower costs: Integrated technology reduces time to market by over 15% and cuts capital expenditure by up to 10%. Supports feedstock diversification and energy security: Leverages globally available waste streams to meet rising SAF demand and reduce reliance on food-based biofuels. Four global industry leaders—Honeywell, Johnson Matthey, GIDARA Energy, and SAMSUNG E&A—have formed a strategic technology alliance to deliver a comprehensive, modular solution for producing sustainable…

Spain did not import any crude oil from Venezuela in April, ahead of a U.S. deadline in May for foreign operators to wind down operations in the South American country, official Spanish data showed on Friday.Earlier this year, Spain’s imports of crude oil from Venezuela jumped by nearly 60% in January and February compared to the same period of 2024.Spain’s energy major Repsol was one of several foreign companies, which also included U.S. Chevron and Italy’s Eni, allowed by the Biden Administration to operate in Venezuela and export its crude to refineries in lieu of payments by Venezuelan state oil…

$50M Series A fuels global expansion of modular, on-site direct air capture (DAC) systems that supply clean CO₂ to industrial customers. Revenue-positive model cuts supply chain emissions, slashes CO₂ transport costs, and delivers immediate value to food, beverage, and manufacturing sectors. Backed by multi-year contracts and an XPrize-winning project, Aircapture positions itself as a scalable, commercially viable carbon removal leader. Aircapture, the XPrize-winning direct air capture (DAC) company, has raised $50 million in Series A funding, led by the Larsen Lam Climate Change Foundation, to accelerate deployment of its modular, revenue-positive DAC systems across industrial markets. “This investment allows us…

Macquarie Asset Management and British Columbia Investment Management Corporation (BCI) announced the completion of their acquisition of European waste-to-product company Renewi, in a deal valuing the company at approximately £707 million (USD$957 million). Headquartered in the UK, Renewi focuses on extracting value from waste and used materials, diverting waste flows from incineration or landfill, operating around 150 facilities across the Netherlands, Belgium, France, and Portugal. The company recycles more than 10 million tonnes of waste each year, converting materials including paper, metals, plastics, glass, wood, and construction debris into reusable products. According to the investors, the acquisition will support Renewi’s…

In 2016, Jobs’ mother bought a $15 million ranch in Wellington, Florida, where she frequently competed and trained with Missy Clark.The Daily Mail reported that the ranch included a barn big enough for 20 horses and a show-jumping training rink. Jobs also bought a stallion named Chill RZ in 2016.Jobs told World of Showjumping in 2020 that competing in the Olympics and the World Equestrian Games “would be a dream.” After the Tokyo Olympics were postponed due to COVID-19, she decided to pursue other avenues.”I had done everything I wanted to achieve in the sport, and I just felt at…

$6.05B decarbonisation investment targets transition to electric arc furnace (EAF) technology at three Japanese plants. 2.9M metric tons of new annual steel production capacity expected by 2029. $1.75B in government subsidies will support the shift under Japan’s Green Transformation initiative. Nippon Steel is investing ¥870 billion (USD $6.05 billion) to modernize three domestic plants with electric arc furnace (EAF) technology, aiming to significantly reduce carbon emissions in one of the world’s most carbon-intensive industries. The move marks a pivotal shift away from traditional blast furnace (BF) steelmaking, which relies heavily on coal. Instead, EAFs use electricity to melt scrap metal…

Paves way for first large-scale rollout of biochar-asphalt with verified carbon removal benefits Targets significant reduction in Scope emissions for road construction sector Signals a new commercial model aligning infrastructure performance with carbon accountability Verde Resources Inc., through its subsidiary Verde Renewables Inc., has signed a Memorandum of Understanding (MOU) with Ergon Asphalt & Emulsions, Inc., advancing the commercialization of a low-carbon, biochar-infused asphalt solution in the U.S. market. This agreement builds on a February 2025 collaboration that produced a cold-mix emulsion for biochar-asphalt surfaces—a project deployed at the National Center for Asphalt Technology (NCAT). The breakthrough formulation utilized Verde’s…

New Delhi: Green hydrogen initiatives worth an estimated ₹2,00,000 crore are under implementation in the country, with nine R&D and demonstration plants under construction and four already commissioned by Indian Oil, GAIL, HPCL and BPCL, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri said on Friday.The Minister said that 42 kilo tonnes per annum (KTPA) green hydrogen tenders have been floated by refineries and 128 more tenders will be issued by PSU refineries based on the outcomes of the current ones.“Alternative sources of energy are playing an important role in India’s quest towards green energy transition as we…

Infosys aims to go climate positive by 2030, surpassing carbon neutrality with action across Scope 1, 2, and 3 emissions. Targets over 18 million people with digital skilling programs, aiming to create 500,000+ employment opportunities. TechForGood and CSR initiatives have already impacted 125 million lives, with a focus on sustainability, healthcare, education, and women’s empowerment. Infosys has unveiled a more ambitious ESG Vision 2030, sharpening its focus on climate action, digital inclusion, and social equity. The updated roadmap builds on progress made since the company’s original ESG vision launched in 2020. “Our ESG 2030 roadmap isn’t just a commitment,” said…

The hottest trend this spring for young people is … gardening. Growing carrots and strawberries, pruning weeds. I’m sorry to inform parents anxious about screentime: This doesn’t mean your kids are digging in the dirt outside in the fresh air.They’re probably on Roblox, playing “Grow a Garden,” which, as I typed this Thursday, had more than 2.2 million people playing — four times as many as the next most popular game. (A Roblox spokesman told me the game had around 9 million concurrent players at one point over a weekend in late May — a Roblox record.)I tried the game…