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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.

Oil 418
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ARPA-E announces $35M for technologies to reduce methane emissions

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ARPA-E announced up to $35 million for a new program focused on developing technologies to reduce methane emissions in the oil, gas, and coal industries: “Reducing Emissions of Methane Every Day of the Year” ( REMEDY ) ( DE-FOA-0002504 ). Coal mine ventilation air methane (VAM) exhausted from operating underground mines.

Emissions 186
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DOE Coal FIRST Initiative invests $80M in net-zero carbon electricity and hydrogen plants

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The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected four projects for cost-shared research and development under the funding opportunity announcement (FOA), DE-FOA-0002180, Design Development and System Integration Design Studies for Coal FIRST Concepts.

Coal 186
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Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

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The technology group Wärtsilä has issued a report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, describing the environmental and economic opportunities for states that decarbonize rapidly. coal and gas), significantly reducing the overall levelised cost of electricity.

Renewable 399
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EIA: new drilling technology revitalizes Powder River Basin oil production

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The coal-rich Powder River Basin is also experiencing a turnaround in oil production, according to the US Energy Information Administration (EIA). Production has rebounded from a low of 38,000 barrels per day (bbl/d) in 2009 to 78,000 bbl/d during first-quarter 2014. Click to enlarge.

Oil 225
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New catalyst opens door to CO2 capture in coal-to-liquids process

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World energy consumption projections expect coal to stay one of the world’s main energy sources in the coming decades, and a growing share of it will be used in CT—the conversion of coal to liquid fuels (CTL). By 2020, CTL is expected to account for 15% of the coal use in China. —Wang et al.

Coal 249
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Aramco, Shandong Energy to collaborate on downstream projects in China; cooperation across H2, renewables and carbon capture technologies

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The Saudi Arabian Oil Company (Aramco), one of the world’s leading integrated energy and chemicals companies, and Shandong Energy Group, are exploring collaboration on integrated refining and petrochemical opportunities in China. Shandong Energy Group is the third-largest coal mining group in China in terms of production volume.