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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.
The Ukraine state oil and gas company Naftogaz signed a US$3.656-billion credit agreement with the state-owned China Development Bank to finance the program of substituting natural gas with locally produced coal. billion annually and stimulate the production of 10 million tons of domestic coal per year.
DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. DGF replaces the coal gasification used by others with biomass gasification and natural gas reforming. With the investments in DGF made by aviner & co.,
Coal trains and terminal operations add a significant amount of fine particulate matter (PM 2.5 ) pollution to urban areas—more so than other freight or passenger trains— according to a study conducted in Richmond, California, by the University of California, Davis. The results indicate coal trains add on average 8.32
Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.
Algae.Tec has signed a deal with Australia’s largest power company to site an algae carbon capture and biofuels production facility alongside a 2640MW coal-fired power station near Sydney. million tonnes of coal per year and delivers power to eastern Australia, from South Australia to Northern Queensland.
Using bituminous coal from southern Wyoming, the Medicine Bow facility will produce 11,600 barrels per day of very low sulfur gasoline using GE gasification technology and methanol?to?gasoline controlled subsidiary of the Sinopec Group , one of the largest energy companies in the world. oil equivalent reserve at the Medicine Bow site.
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
A joint industry partnership to commercialize clean, gold hydrogen, the program’s founding members include synthetic biology company Cemvita Factory (innovator in low-carbon microbial solutions for energy and mining resource extraction, production, and renewal); and Chart Industries, Inc. (a a leader in clean energy solutions).
The contract award marks China as the site for the first worldwide commercial implementation of the TRIG technology with the goal of producing low-emission, coal-based electricity. TRIG coal gasification technology was co-developed developed by Southern Company, KBR Inc., that is managed and operated by Southern Company.
UOP LLC, a Honeywell company, has landed its third technology license for its methanol-to-olefins (MTO) technology, which converts methanol from coal into key plastics building blocks. China is the world’s largest producer of coal, accounting for nearly half of global production, according to the US Energy Information Administration.
Startup US Fuel Corporation (USF), which plans to design, build, own and operate scalable facilities near coal mine sites to convert coal into synthetic fuels, will acquire coal-to-diesel intellectual property (IP) that USF co-developed with an executive team consisting of Paul Adams and Steve Luck.
the developer of a process for harvesting algae and cleaning up oil & gas water, announced that its second original equipment manufacturer’s (OEM) agreement will target oil service companies in the Canadian oil sands market. LH was an early private investor in Athabasca Oil Corporation. OriginOil, Inc.,
UOP LLC, a Honeywell company, announced that China’s Jiutai Energy (Zhungeer) Co. has licensed Honeywell’s UOP methanol-to-olefins (MTO) technology to convert methanol from coal into key plastics building blocks. In 2011, Honeywell’s UOP announced a similar project with China’s Wison (Nanjing) Clean Energy Company Ltd.,
Accelergy Corporation has begun production of a synthetic fuel from coal and biomass, to be evaluated by the United States Air Force (USAF) as the industry benchmark for 100% synthetic jet fuel. The pilot facility will also provide a tool for evaluating new coal and biomass feedstocks as the technology moves towards commercial deployment.
In a new report, energy, mining and minerals consultancy Wood Mackenzie projects that despite efforts to limit coal consumption and seek alternative fuel options, China’s strong appetite for thermal coal will lead to a doubling of demand by 2030. It is very unlikely that demand for thermal coal in China will peak before 2030.
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. So the justice I want to see is first, second and third for the victims in the sacrifice zones created by the oil, gas and coalcompanies. None of them are innocent bystanders.
Australia’s Syngas Limited has engaged Rentech to provide Fischer-Tropsch fuels production preliminary engineering services for Syngas’ proposed commercial scale coal and biomass to liquids (CBTL) fuels facility in Southern Australia, known as the Clinton Project. Additionally, the Clinton coal fluidizes well. Gas Conditioning.
The TCEP would integrate coal gasification, combined-cycle power generation, CO 2 capture, and. In the Permian Basin, approximately one additional barrel of oil can be recovered for each 6,000 cubic feet (6 Mcf) of compressed CO 2 injected into the oil field. urea production. CO 2 capture and shipment via pipeline shown at top.
The NextGen line of oils, with 50% recycled oil, will include conventional, synthetic blend and high mileage offerings. Valvoline, a leading independent marketer of motor oil, has introduced its NextGen line of motor oils, featuring the inclusion of 50% recycled base oil. Click to enlarge.
Why would your Creative Greenius walk away from his high-paying, highly rewarding executive role at CBS EcoMedia where I was working to fund environmental, education, and wellness projects all across the USA, just as the company hit more growth milestones and was likely to pay generous bonuses? ” What a no-brainer.
Overview of the bluegas catalytic coal methanation process. By adding a catalyst to the coal gasification system, GreatPoint Energy is able to reduce the operating temperature in the gasifier, while directly promoting the reactions that yield methane, (CH 4 ). Click to enlarge. Earlier post.).
Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.
an energy and gasification technology company, has received a $5.0 million strategic investment from fertilizer company Zuari Industries Limited of India in exchange for approximately 2.2 Synthesis Energy Systems, Inc., million shares of SES common stock. —H.S. Bawa, Vice Chairman of Zuari.
a permit application and commenced the approval process with the Wyoming Department of Environmental Quality (WDEQ) to build and operate a Underground Coal Gasification (UCG) demonstration plant in its coal tenement lease areas in Wyoming’s. km) of coal within the Wyoming PRB. 20ft (6.1m) coal seam at 2100ft (640m).
Ltd (SKE&C) leading to engineering, procurement and construction of its first US coal-to-gasoline plant—Adams Fork Energy—to be located in Mingo County, West Virginia. The Adams Fork Energy project will convert regional coal into premium-grade gasoline, producing 18,000 barrels per day (756,000 gallons US, 2.86
Overview of the Bluegas catalytic coal methanation process. billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. Click to enlarge. China Petroleum and Chemical Corp.
The US Department of Energy (DOE) selected eight projects to advance the development of transformational oxy-combustion technologies capable of high-efficiency, low-cost carbon dioxide capture from coal-fired power plants. The Energy Department’s $7 million investment—leveraged with recipient cost-share to support approximately $9.4
China’s Wison (Nanjing) Clean Energy Company Ltd. has selected Honeywell’s UOP technology to convert methanol into building blocks for chemical products at an existing coal chemical complex in China. UOP MTO Methanol to Olefins process. Click to enlarge. UOP and Total announced their partnership on this in 2005.
Underground coal gasification uses paired wells in a coal seam: one an oxidant injection well, the other the syngas producer well. CIRI), an Alaska Native corporation, is proposing an underground coal gasification (UCG) project that would use the resulting syngas to fuel a new 100 MW combined cycle power plant. Source: CIRI.
BG Group has approved implementation of the first phase of a US$15-billion project to convert coal seam gas (CSG) to LNG—the first major commercial project to do so. Total gross discovered coal seam gas reserves and resources presently amount to an estimated 17.3 Those contractors include: Bechtel Oil and Gas, Inc.,
Anglo American, one of the world’s largest mining companies, is a cornerstone investor in MBD Energy. In the full production systems, OriginOil’s technology will be integrated into the MBD system to enhance algae growth and perform oil extraction. Earlier post.).
Energy Vault, a company developing grid-scale gravity energy storage solutions, has entered into an energy storage system agreement with DG Fuels, a developer of renewable hydrogen and biogenic-based, synthetic sustainable aviation fuel (SAF) and diesel fuel. Under the terms of the agreement, Energy Vault agreed to provide 1.6
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.
and will build, own and operate the largest on-site air separation unit (ASU) order ever awarded to an industrial gas company. In 2010, Air Products had announced, what at that time, was the largest single ASU on-site order ever committed to an industrial gas company. Shaanxi Future Energy Company was established in 2011.
Sasol recently signed a joint venture agreement with Australia-based Origin Energy Limited for the purposes of exploring for coal bed methane (CBM) in Botswana. Australia’s coal bed methane resources (known as Coal Seam Gas or CSG in Australia) will be used to supply LNG to China and the rest of Southeast Asia.
Headwaters direct coal liquefaction process. Headwaters Inc and Axens are forming a strategic alliance to provide a single-source solution for producing synthetic fuels by direct coal liquefaction (DCL) alone or in combination with refinery residues or biomass. Up to 50% more liquid product per ton of coal. Source: Headwaters.
His talk was describing the energy company of the future. Within [the global energy] market, oil and gas are both indispensable and our core business. We also offer gasification technology that would enable a cleaner use of coal and more effective application of CO 2 capture technology; and we produce wind power. Why would we?
The Natural Resources Defense Council (NRDC) issued a press release on Friday saying that Baard Energy had agreed to a settlement entailing their switching from coal as a feedstock for its planned coal/biomass-to-liquids Ohio River Clean Fuels plant ( earlier post ) to natural gas. Earlier post.). Therefore, what.
The World Energy Investment 2020 report’s assessment of trends so far this year is based on the latest available investment data and announcements by governments and companies as of mid-May, tracking of progress on individual projects, interviews with leading industry figures and investors, and the most recent analysis from across the IEA.
The resulting methanol would be blended with crude and transported via the trans-Alaska oil pipeline to Valdez, where it would be extracted from the oil and processed via Methanol-to-Gasoline technology into gasoline. Janus Methanol is a methanol and chemical development and operating company. Source: EMRE. Click to enlarge.
Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Repeated investment activities on the same company were counted as multiple. Click to enlarge.
has built and delivered 12 dimethyl ether (DME) feed pumps to Shanghai Diesel Engine Company. The company developed this first generation feed pump several years ago and has sold units into Korea, to the Korean Institute for Energy Research, and to a European engine manufacturer. Alternative Fuel Technologies, Inc.
The company is also developing a range of simple one-step catalytic conversion processes which mate with the fractionator’s output gas streams to produce useful products such as eBTX (high octane gasoline), synthetic jet fuel and maximized fuel production from ultra-high yield energy crops. earlier post ).
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