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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com.
Global Clean Energy Holdings, Inc., Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Historically, the refinery has produced diesel from crude oil and has a capacity of 70,000 barrels per day.
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. Financials.
The Gold Hydrogen Program , a coalition of organizations seeking to support the scale of this clean energy resource, announced its launch and the debut of a pilot microbial Gold Hydrogen Process. a leader in clean energy solutions). Gold hydrogen has been cost-prohibitive to extract and not commercially viable up to now.
Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9
Dedicated climate activist Bill McKibben in a post on Substack suggested that Tesla and Big Oil have a common weakness. continued] The post Bill McKibben Sees Trouble Ahead For Tesla & Big Oil appeared first on CleanTechnica. He says both are way behind the technological curve.
A Northwestern Engineering-led team has developed a highly porous smart sponge that selectively soaks up oil in water. With an ability to absorb more than 30 times its weight in oil, the sponge could be used to clean up oil spills inexpensively and efficiently without harming marine life. —Vikas Nandwana.
PetroChina is the world’s third-largest oil company and plays a leading role in energy distribution throughout China. They share a vision of the future with PetroChina which every energy provider should be focused on, which is a progressive transition from fossil fuels to clean energy in the years to come. Ideanomics Inc.
A team of scientists from Heriot-Watt University has found the waters in the Faroe-Shetland Channel (FSC) are teeming with oil-eating bacteria. The FSC is a deepwater sub-Arctic region where the oil and gas industry has been active for the last 40?years. —Angelova et al. 03701-20.
Examples of these consumers include manufacturers of semiconductors, LEDs, float glass, food oil, metal, and users of hydrogen fuel cell electric vehicles. Syzygy’s first go-to market is focused on a distributed hydrogen production system for small-scale hydrogen consumers.
And It’s Not The One Which Rewards Dirty Energy Mercenaries With New Clean Energy Jobs. Oil, gas and coal workers have all known for more than a dozen years that their work was helping to destroy people’s health and well being. But they fiercely fought any and all attempts to transition to clean renewable. That ain’t justice.
The AP300 SMR can function as the backbone of a community clean energy system. This brings licensing advantages and substantially reduces delivery risk for customers in the utility, oil & gas and industrial space. Its fast load-follow capabilities make it ideally suited for integration with renewable resources.
The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA.
Battery electric vehicles are only as clean as the energy source used to generate the electricity that powers them. These results indicate that coal and oil are the energy sources leading to most emissions, and that hydro, wind, and nuclear are the energy sources leading to least emissions. by Michael Sivak, Sivak Applied Research.
Canada will publish the final Clean Fuel Regulations (CFR) in the Canada Gazette Part II on 6 July 2022. The Clean Fuel Standard will require liquid fossil fuel primary suppliers (i.e., The Clean Fuel Standard establishes a credit market. The Clean Fuel Regulations replace the current federal Renewable Fuels Regulations.
million to establish new geothermal energy and heat production from abandoned oil and gas wells. This work also supports the creation of new clean energy jobs, helping transition some of the oil and gas workforce to the production of renewable energy. ICE Thermal Harvesting (Houston, TX). This program is part of the?Wells
Major economies led the resurgence as a pick-up in economic activity pushed energy demand higher and significant policies measures to boost clean energy were lacking. The rebound in global carbon emissions toward the end of last year is a stark warning that not enough is being done to accelerate clean energy transitions worldwide.
Gold Hydrogen is a novel source of carbon neutral hydrogen produced from depleted oil reservoirs that are ready for plug and abandonment, extending the life of wells that would otherwise be a significant burden. Cemvita Factory’s mission is to reimagine heavy industries such as oil & gas and mining for the net-zero economy.
This is because even in hydrogen engines, exhaust gases such as nitrogen oxide and small amounts of particles and unburned hydrocarbons are produced from the engine oil pathway. By adding fuel cell solutions to its product portfolio, Eberspaecher is pursuing the goal of shaping the clean and quiet mobility of the future.
ethanol—and 23% bionaphtha, which is obtained from residual materials such as tall oil, which is a by-product of pulp production. HVO (hydrotreated vegetable oil)—and 7% biodiesel. The high-quality additives also ensure these renewable fuels are very clean and prevent engine corrosion.
Yara Clean Ammonia (YCA) and Bunker Holding Group signed an MOU establishing the intention to collaborate to accelerate the development of the market for clean ammonia as a shipping fuel. Clean ammonia is one of the most effective alternatives for decarbonizing maritime transport.
A new report from Australia’s national science agency CSIRO shows that clean hydrogen can significantly reduce aviation emissions with potential benefits seen within five years. Hydrogen used for treating crude or bio-crude oil to produce jet fuel with a lower carbon intensity is also considered as an early-stage application.
This puts it two-thirds of the way to where it needs to be in order for clean hydrogen to play a strong decarbonizing role in the economy. Clean hydrogen demand is about to shoot up due to 10 industrial projects slated to come online in 2022. Electrolyzer sales have more than doubled to 458MW in 2021 and are set to grow 4-5x this year.
In the CHJ process (also called hydrothermal liquefaction), clean free fatty acid (FFA) oil from the processing of waste oils or energy oils is combined with preheated feed water and then passed to the CH reactor. Evaluation of ARA Catalytic Hydrothermolysis (CH) Fuel.
Consumption of distillate fuel oil in the US West Coast, as measured by product supplied, decreased to its lowest level since 2002 last year and continues its decline this year, according to the latest “This Week in Petroleum” report from the US Energy Information Administration (EIA).
Honeywell UOP has introduced its Liquid Organic Hydrogen Carrier (LOHC), a solution that enables the long-distance transportation of clean hydrogen. Existing idle oil refining assets can be revamped to release the hydrogen from the liquid carrier for use in multiple commercial and industrial applications.
Advanced biofuels are based on raw biological materials, such as used cooking oil and other waste products. This material is used to manufacture a fatty acid methyl ester (FAME) (biodiesel), which is then mixed with varying proportions of low sulfur fuel oil.
Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4
Fulcrum BioEnergy, a clean energy company pioneering the creation of renewable, drop-in transportation fuels from landfill waste, successfully produced a low-carbon synthetic crude oil using landfill waste as a feedstock at its Sierra BioFuels Plant, the world’s first commercial-scale landfill waste-to-fuels plant.
Westinghouse Electric Company and Bloom Energy Corporation have entered into a Letter of Intent to pursue clean hydrogen production in the commercial nuclear power market. The companies are teaming to identify and implement clean hydrogen projects across the nuclear industry.
The Saudi Arabian Oil Company (Aramco) signed five agreements with leading French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin , a pioneer in clean and intelligent transport solutions.
The two companies will work together to realize their vision of clean power for ships and a more sustainable marine shipping industry. Solid-oxide fuel-cell manufacturer Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, have signed a joint development agreement (JDA) to design and to develop fuel cell-powered ships.
The unparalleled decline is staggering in both its scale and swiftness, with serious potential implications for energy security and clean energy transitions. The slowdown in spending on key clean energy technologies also risks undermining the much-needed transition to more resilient and sustainable energy systems.
In addition, the company, together with its partners, has looked to utilize Hydrotreated Vegetable Oil (HVO) and intermodal train solutions that reduce the CO 2 emissions of road transport by up to 85% and 90%, respectively.
Indian Oil Corporation, India’s leading energy major, has entered into a memorandum of understanding (MOU) with LanzaJet to explore the development of sustainable aviation fuel (SAF) production in India. IndianOil is adopting mitigation efforts such as sustainable fuel alternatives to advance the country’s clean energy goals.
The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.
MOL Clean Energy, US, LLC (MCE), a 100% subsidiary of Mitsui O.S.K. MOL), and Clean Hydrogen Works, LLC (CHW) announced MCE as a Joint Venture shareholder in Ascension Clean Energy (ACE), a proposed $7.5-billion, billion, clean hydrogen-ammonia production and export facility in Ascension Parish, Louisiana. Lines, Ltd.
Battery electric vehicles are only as clean as the energy source used to generate the electricity that powers them. These results indicate that coal and oil are the energy sources leading to most emissions, and that hydro, wind, and nuclear are the energy sources leading to least emissions. by Michael Sivak, Sivak Applied Research.
Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.
The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is no climate benefit from using liquefied natural gas (LNG) as a marine fuel—regardless of the engine technology. First, it contains very little sulfur.
The Sportage will be launched with a range powertrains, including clean gasoline and diesel IC engine technology. Technical innovations include solenoid valve control, a variable capacity oil pump, an electric thermostat and an optimized lubricant and cooling setup. From launch, a 1.6-liter 265 N·m) torque.
There, d elegations from Azerbaijan, Georgia, Hungary, and Romania finalized an ambitious plan: to generate up to 6 gigawatts of clean energy in the Caucasus region, run the electricity through a cable along the bottom of the Black Sea, and deliver it to Europe. Some of the projects represent more than just clean power. GW , by 2030.
By the end of this decade, it aims to have developed around 50 gigawatts of net renewable-generating capacity (a 20-fold increase), increased annual low carbon investment 10-fold to around $5 billion and cut its oil and gas production by 40%. In 2020, bp announced its net zero ambition and its new strategy.
The Clean Air Act allows EPA Administrator Michael Regan, in consultation with the Department of Energy, to waive certain fuel requirements to address shortages. Able to process around 440,000 barrels of crude oil every day, Whiting produces a wide range of liquid fuels, along with 7% of all asphalt in the United States.
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