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Big Oil is flying high on profits, yet grounding clean aviation

Europe’s oil majors are making bumper profits from jet fuel just as the EU is trying to accelerate the transition to cleaner aviation fuels. With industry lobbying intensifying around ReFuelEU, 2027 will be a critical test of whether Brussels holds firm on its aviation decarbonisation plans, writes Diane Vitry, aviation director at T&E Brussels.

Latest news

ExxonMobil secures regulatory approval for Rose CCS project in Texas

The Rose CCS project will store CO₂ below ground and span 13,000 acres of privately held land.

Shell signs deals to acquire Hunlock Creek and sell RISEC

Hunlock Creek Generating owns 169MW of natural gas-fired generation capacity in Pennsylvania, US.

Meta signs PPA with Apex for 144MW Starling Solar project in Texas

The agreement grants Meta exclusive rights to all renewable energy credits produced by Starling Solar.

Can hydrogen become platinum’s next big market?

Vehicle electrification threatens the primary end market for platinum, but proton-exchange membrane technologies in the emerging hydrogen economy offer a potential replacement as primary mine supply tightens.

Masdar, Taaleri Energia open 154MW Čibuk 2 wind farm in Serbia

The Čibuk 1 and 2 wind farms aim to boost renewables, supplying clean power to nearly 178,800 households annually.

Novva to acquire 3.17GW of Argentine renewable assets from ABO Energy

The agreement is intended to strengthen Novva’s position as it continues expanding across emerging markets.

Island Green Power receives consent for 500MW Aberdeenshire storage project

The project is designed to help balance the grid by storing surplus electricity and supporting Scotland’s renewable ambitions.

Alfa Laval to supply heat exchangers for Swedish BECCS facility

The BECCS facility will capture CO₂ from the Värtaverket site and transport it for long-term storage at the Northern Lights site.

GrafTech and Antora to collaborate on carbon-based thermal batteries

The partnership is set to boost local jobs and expand US energy storage manufacturing at the St. Marys facility.