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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

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Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The gradual decline foresees a decrease in crude oil production by around 30% and natural gas production by around 15% by 2030.

Oil 465
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UPM and WWF Finland co-operate to promote the sustainability of wood-based liquid biofuels

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Finland-based bio and forest industries company UPM and WWF Finland have engaged in a dialogue on the status of wood-based liquid biofuels in Finland and present a list of joint measures to be carried out to promote sustainability. —Liisa Rohweder, CEO of WWF Finland. Earlier post.).

Finland 231
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Allianz to invest in Finnish green hydrogen and power-to-gas developer Ren-Gas; sector coupling

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Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in Ren-Gas Oy , a green hydrogen and power-to-gas project developer based in Finland. Allianz will provide funding of €25 million to Ren-Gas to support the company’s project portfolio towards execution.

Gas 259
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KIT team produces synthetic natural gas from waste wood; used in natural gas vehicles

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Researchers from the Karlsruhe Institute of Technology (KIT) have successfully produced renewable methane from a biomass-based synthesis gas mixture in their pilot plant for methanation using a new honeycomb catalyst. Biogas facilities produce renewable gas mainly by fermenting biological waste. Honeycomb catalyst.

Kits 262
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SOLETAIR project produces first 200 liters of synthetic fuel from solar power and atmospheric CO2

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The SOLETAIR project ( earlier post ) has produced its first 200 liters of synthetic fuel from solar energy and the air’s carbon dioxide via Fischer-Tropsch synthesis. The mobile chemical pilot plant produces gasoline, diesel, and kerosene from regenerative hydrogen and carbon dioxide.

Solar 386
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Neste piloting its first EV charging service with Niemi Services; aims to launch in Finland in 2021

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Neste is piloting its first electric vehicle charging service targeted to logistics companies in Finland. at their site in the Konala area in Helsinki, Finland. The pilot project supports Neste’s and Niemi’s climate strategies and helps Niemi, the leading moving and logistics company in Finland, to reduce its climate emissions.

Finland 221
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HYBRIT produces hydrogen-reduced sponge iron on pilot scale

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In a traditional process, this is done using carbon or coke, while in the HYBRIT process the reduction is done using fossil-free hydrogen. The ultimate goal is to eliminate carbon dioxide emissions from the process by fully using fossil-free inputs and fossil-free energy in all parts of the value chain.

Hydrogen 468