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Ukraine state oil and gas company signs $3.656B credit agreement with China Development Bank to finance substituting natural gas with coal

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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.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

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US Fuels acquires coal-to-diesel IP for scalable plants near mine sites

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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. Andrew Halarewicz, Sr.

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Company that biochemically converts coal to methane raises Series B funding

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an emerging natural gas production company which uses proprietary technology to convert both underground and mined low-rank coal to pipeline-quality methane biochemically at large scale and low cost, has raised equity in its second round of financing, led by new investor Khosla Ventures. Ciris Energy, Inc.,

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DKRW Advanced Fuels signs major off-take contract for 100% of coal-derived gasoline from Medicine Bow project

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The contract is one of the first major commercial agreements in the US for the sale of liquid transport fuels made from coal. The Medicine Bow project will use Carbon Basin coal optioned from DKRW partner (and coal mine operator) Arch Coal to produce refined hydrocarbon liquid products. We have received front end.

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LanzaTech in Coal to Ethanol Project in China; New Bio Energy Research Center

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.: MEK, Butadiene) from industrial waste gases, has signed a memorandum of understanding with one of the largest coal producers in China, Henan Coal and Chemical Industrial Corporation, to build a demonstration plant to produce ethanol and chemicals via LanzaTech’s fermentation process using syngas resulting from the gasification of coal.

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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

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Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The plant will be located at the site of the retired Sunbury coal-fired power plant near Shamokin Dam in Snyder County, Pennsylvania.

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