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3 Oil Majors That Bet Big On Renewables

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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. 2 Total SA.

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Pew Center on Global Climate Change and GPI facilitating new Enhanced Oil Recovery Initiative

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Industry, government and organizational leaders last week in Washington, DC launched a national initiative aimed at increasing the supply of domestic oil produced through enhanced oil recovery using carbon dioxide (CO 2 -EOR). —Eileen Claussen, President of the Pew Center on Global Climate Change.

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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

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The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. Improving coordination and support for research efforts on climate change preparedness.

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Study suggests current levels of methane leakage would result in numerous decades of more rapid climate change from a shift to natural gas vehicles

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Technology warming potential (TWP) for three sets of natural gas fuel-switching scenarios. (A) A) CNG light-duty cars vs. gasoline cars; (B) CNG heavy-duty vehicles vs. diesel vehicles; and (C) combined-cycle natural gas plants vs. supercritical coal plants using low-CH 4 coal. Source: Alvarez et al. Click to enlarge.

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IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

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China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Mobility and oil. Source: IEA.

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Report Suggests Biorefineries May Have a Major Role in Mitigating Climate Change, Addressing Energy Security, and Creating Economic Growth

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Biorefineries may have a major role to play in mitigating the threat of climate change; meeting the “ seemingly boundless demand ” for energy, fuels, chemicals and materials; and creating economic growth, according to a new report released by the World Economic Forum: The Future of Industrial Biorefineries.

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Hyundai Motor Group, Aramco and KAUST collaborate on new e-fuel for novel combustion system

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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.

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