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APPEC 2023: Trafigura announces new supply chain carbon emissions platform

Agora for Energy has been created through a collaboration between Trafigura and Palantir Technologies; first users of the platform include bp, Ecopetrol and Trafigura.

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International commodity trading firm Trafigura Supply chain on Wednesday (6 September) said carbon emissions platform Agora for Energy was announced during Asia Pacific Petroleum Conference 2023 (APPEC) 2023 in Singapore. 

The platform has been created through a collaboration between Trafigura and Palantir Technologies Inc. (Palantir).

Built on top of Foundry, Palantir’s operating system for the modern enterprise, Agora for Energy enables collaboration on carbon emissions information and carbon intensity benchmarking and analysis. This supports the industry’s need to better understand the carbon emissions of existing supply chains and should enable Agora users to make more informed decisions.

First users include bp, Ecopetrol and Trafigura who share the goal of continual improvement in transparency of energy supply chain emissions. 

Drawing on S&P Global Commodity Insights’ carbon intensity measures of oil and gas, refined products and biofuels, combined with functionality supporting the option for users to input primary data, Agora for Energy will help users understand the variations in carbon intensity of existing supply chains from the point of production and enable a common approach to assets owned and operated by different companies.

Involved parties are in the process of forming an advisory committee for the Agora for Energy platform with the initial meeting being held in person during APPEC 2023. The advisory committee’s initial focus will be on exploring avenues for industry standardization of carbon intensity reporting and developing recognised methodologies of reporting that Agora could deploy as a means for enhanced transparency and comparisons.

“Agora is already enabling Trafigura to quickly respond to our metals customers requesting carbon intensity of deliveries using third party data, and we are delighted to now extend this initiative with our supply chain partners in the energy markets. We believe that carbon intensity as a commodity specification can enable greater visibility of low carbon alternatives, with the power of Palantir’s Foundry enabling the broad industry collaboration and analytics engine that this challenge requires,” said Ben Luckock, Co-Head of Oil Trading for Trafigura.

“Ecopetrol is pleased to embark on this transformative journey within the oil industry. As first users of Agora, we are pioneering innovative solutions to collaboratively decarbonize energy operations and fostering unprecedented transparency. We believe that by openly sharing carbon intensity of our upstream activities and empowering consumers along the value chain to make informed choices, it will drive a more sustainable energy future,” said Juan Carlos Fonnegra, Global Head of Crude & Carbon Trading for Ecopetrol.

“We are pleased Palantir and first customers of Agora for Energy see the value of S&P Global Commodity Insights’ independent carbon intensity measures and the insights they advance in energy transition, and we are delighted they have selected us to be the exclusive energy data provider to their platform,” said Philippe Frangules, Head of Gas, Power & Climate Solutions, S&P Global Commodity Insights.

The Agora platform for the metal concentrates and refined metals sector precedes Agora for Energy and debuted last year. During the initial pilot Palantir and Trafigura configured scenarios across ten million carbon pathways using actualized commodity shipments by integrating Trafigura data and metrics supplemented by third-party data.

The Agora platform enables users to integrate primary data and industry emissions data to understand end-to-end commodity supply chain carbon emissions, leveraging the strengths of Palantir’s Foundry platform in flexible data integration and secure data sharing. 

It offers the ability to actively share and receive carbon emissions data from supply chain participants and reduce the administrative burden, whilst improving transparency of overall carbon intensity of supply chains. It also enables the evaluation of alternative supply chain pathways by modelling the commercial impacts of carbon pricing mechanisms on supply chain choices.

 

Photo credit: Trafigura
Published: 7 September, 2023

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China: Chimbusco and BJEC enter green methanol cooperation agreement

Document was signed between Ding Lihai, deputy general manager of Chimbusco, and Li Jianjun, deputy general manager of BJEC.

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Chimbusco x BJEC MT

China Marine Bunker (PetroChina) Co.,Ltd. (Chimbusco) and POWERCHINA Beijing Engineering Corporation Limited (BJEC) on Thursday (3 July) formally entered into a green methanol strategic cooperation framework agreement.

The document was signed between Ding Lihai, deputy general manager of Chimbusco, and Li Jianjun, deputy general manager of BJEC.

BJEC, a subsidiary of China Power Engineering Group, is experienced in the survey, design, construction and technology research and development of large-scale renewable energy projects.

Moving forward, the two parties said they will respectively focus on their core advantages and work together to promote the production, supply, storage and refuelling of green methanol as an energy source to help support the low-carbon transformation of the shipping industry.

Ding Lihai said: “The shipping industry is one of the important sources of global carbon emissions. Promoting low-carbon fuel is the key to the transformation of the industry. As the main force in the supply of bunker fuel, Chimbusco has been committed to expanding its clean fuel supply capacity. The cooperation with BJEC will integrate the advantages of green energy development and fuel supply, accelerate the large-scale application of green methanol, and meet the needs of shipping companies for clean fuel. We look forward to providing effective solutions for the green transformation of the shipping industry through the joint efforts of both parties.”

Li Jianjun said: “Implementing the ‘dual carbon’ goal is an important responsibility of enterprises. BJEC has accumulated strong technical strength in the field of green energy. This cooperation with Chimbusco will focus on the entire industrial chain of green methanol, from raw materials, production to supply, to provide clean and sustainable fuel solutions for the shipping industry. The complementary advantages of both parties will promote the rapid development of the green methanol industry and inject strong impetus into the low-carbon transformation of the shipping industry.”

 

Photo credit: China Marine Bunker (PetroChina) Co.,Ltd.
Published: 8 July 2025

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Towngas and Royal Vopak collaborate to expand green methanol supply chain network

‘Towngas has recently completed a 6,000-tonne green methanol bunkering project, the largest in Asia,” said its Chief Operating Officer – Green Fuel and Chemicals.

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Towngas x Royal Vopak MT

Hong Kong and China Gas Company Limited (Towngas) and Vopak China Management Co., Ltd. (Royal Vopak) on Tuesday (8 July) said both recently signed a strategic framework cooperation agreement to collaborate in areas such as green methanol production, storage, bunkering, and trading etc.

Focusing on the Chinese mainland, Hong Kong, and Asia-Pacific markets, both parties are joining forces to expand an efficient green methanol supply chain network and support the shipping industry’s low-carbon transition.

The two parties will capitalise on their respective strengths to expand the supply network of green methanol.

Towngas employs proprietary technology to convert agricultural and forestry waste as well as scrap tyres into green methanol, and has obtained multiple international certifications and provides a sufficient supply of green methanol for maritime fuel bunkering.

Royal Vopak provides green methanol storage and terminal services with its comprehensive storage and terminal infrastructure and coastal port network advantages.

Together, the two parties will achieve efficient resource allocation and ship green methanol to the Greater Bay Area, East China, South China, and the broader Asia-Pacific markets, further expanding the green methanol supply chain network.

Towngas and Royal Vopak will further develop multiple areas of regional cooperation, including in the Greater Bay Area. By leveraging the strengths of the ports in Hong Kong, Shenzhen, and Guangzhou, the partnership will focus on “production and storage synergy” as its core to strengthen cooperation around logistics and terminal facility construction, and to build an integrated green methanol storage and transportation network.

In East China, the two parties will centre their collaboration in Shanghai and Ningbo, two major international ports, to further strengthen cooperation in logistics storage and bunkering facility construction to meet the growing demand for green fuels at both ports.

In the Bohai Bay region, with Tianjin as the strategic hub, Towngas will transport green methanol produced at its northern China production base to Royal Vopak’s local storage tank farm, then achieve resource allocation through the Royal Vopak’s distribution network, supporting the supply of green methanol from northern China to the national and Asia-Pacific markets.

The two parties will also target key export markets, such as Singapore, Vietnam, Japan, and South Korea, to accelerate overseas expansion and boost the market competitiveness of clean energy in the Asia-Pacific region.

“Towngas has recently completed a 6,000-tonne green methanol bunkering project, the largest in Asia,” said Sham Man-fai, Towngas Chief Operating Officer – Green Fuel and Chemicals.

“It was completed with the support of Royal Vopak’s Tianjin storage tank farm facilities, laying a solid foundation for this partnership.

“Towngas’s Inner Mongolia green methanol plant is set to increase its annual capacity from 100,000 tonnes to 150,000 tonnes by the end of this year, with plans to further expand to 300,000 tonnes by 2028. Together with Royal Vopak’s storage and terminal services infrastructure and coastal port network, the two parties will build a comprehensive green methanol supply chain network.”

 

Photo credit: Hong Kong and China Gas Company Limited
Published: 8 July 2025

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SEKAVIN starts new physical supply operations in the port of Istanbul and Izmit Bay

Operation is supported by three marine refuelling barges; namely Tarabya-E, Beykoz- E, and Kalamis-E.

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SEKAVIN BARGE

Piraeus-based bunkering firm SEKAVIN on Monday (7 July) said it has recently started new physical supply operations in the port of Istanbul and Izmit Bay.

The operation is supported by three marine refuelling barges; namely Tarabya-E, Beykoz- E, and Kalamis-E. The bunkering vessels have successfully completed numerous deliveries to seagoing vessels.

According to SEKAVIN, Istanbul represents one of the world’s most strategic and challenging maritime environments. The country sees more than 43,000 annual Bosphorus passages and delivers roughly 2 million metric tons per year in bunkers to receiving ships.

In a statement to Manifold Times, John Tsogas, Global Head of Bunkering at SEKAVIN, noted his company intends to offer partners “a very reliable and flexible service” covering the Northeast Med with Istanbul.

The development is in combination with the bunkering firm’s current physical operations in Syros port, together with their traditional Piraeus physical operations which have been carried out for almost 50 years.

Related: SEKAVIN and GCL to strengthen marine fuel supply and logistics in key bunkering hubs

 

Photo credit: SEKAVIN
Published: 8 July 2025

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