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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. Cepsa is already working on the engineering and administrative processing of the project.

Hydrogen 397
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Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

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signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Casterra’s high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy.

Oil 276
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Eni report: global oil reserves and oil production up in 2018 due to US

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Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The second volume, the World Gas and Renewables Review , focused on natural gas and renewables sources (solar, wind and biofuels), will be published in autumn.

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bp and Maersk Tankers carry out successful trials of B30 in two tankers

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Each vessel was supplied with bp Marine B30 biofuel, consisting of 30% fatty acid methyl esters (FAME) blended with very low sulfur fuel oil (VLSFO). FAME is a renewable alternative fuel (biodiesel) largely produced from recycled cooking oils and renewable oil sources.

Mariner 334
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The hydrogen market is on the verge of a revolution.

Gas 243
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Fincantieri and Enel Green Power Italia to explore use of green hydrogen in ports and long-range maritime transport

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In the context of the energy transition, hydrogen can make a valuable contribution to the decarbonization of energy-intensive industries such as chemicals, aviation, maritime transport and non-electrified railways, provided it is produced in a sustainable manner.

Green 170
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Boeing, South African Airways look to 1st harvest of Solaris tobacco for renewable jet fuel

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In Limpopo province, company representatives and industry stakeholders visited commercial and community farms where 123 acres (50 hectares) of Solaris have been planted. Oil from the plant’s seeds may be converted into bio-jet fuel as early as next year, with a test flight by SAA as soon as practicable. Earlier post.).