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Total and Waste Management invest in waste plastic to synthetic crude startup Agilyx

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Agilyx Corporation, a startup commercializing a waste plastic to synthetic crude oil technology, has closed a $22 million Series B round led by Kleiner Perkins Caufield & Byers (KPCB), and joined by new strategic investors, Waste Management, Inc. Other valuable ancillary petroleum products may be produced as well.

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American Sands Energy announces successful operation of oil sand pilot facility in Utah

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an oil sands exploration and development company operating in the state of Utah, announced the successful operation of its oil sand recovery pilot facility. American Sands is developing its oil sands operation outside of Price, Utah, where it currently has rights to more than 2,000 acres of oil sand deposits.

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HEET to conduct first Boeing-COMAC Technology Center aviation biofuel research project focused on waste cooking oil

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HEET, a company with experience developing alternative energy technologies, will focus on ways to convert discarded cooking oil into a component of sustainable aviation biofuel at the Boeing-COMAC Aviation Energy Conservation and Emissions Reductions Technology Center.

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COMAC of China, Boeing open Energy Conservation Center; first focus on aviation biofuel from waste cooking oil

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The Boeing-COMAC Technology Center’s first research project will explore opportunities to refine waste cooking oil, often described in China as “gutter oil,” into sustainable aviation biofuel. Finding ways to convert discarded “gutter oil” into jet fuel could enhance regional biofuel supplies and improve biofuel’s affordability.

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Cyclone Power Technologies and Phoenix Power Group reach milestone with waste oil engine system

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and Phoenix Power Group LLC have successfully completed fabrication, assembly and initial testing of the first pre-production Waste Heat Engines (WHE-25) manufactured by TopLine Energy Systems.( The Phoenix-10 Waste Oil Power Generator (P-10) is scheduled for commercial production in 2012. Cyclone Power Technologies Inc.

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Fulcrum BioEnergy successfully produces first low-carbon synthetic crude oil from landfill waste at its Sierra BioFuels Plant

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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.

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IEA: Petrochemicals set to be the largest driver of world oil demand

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Petrochemicals are rapidly becoming the largest driver of global oil demand. Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then. Source: IEA. —Dr Fatih Birol, IEA Executive Director.

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