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Cohort of new stakeholders joins Open Hydrogen Initiative

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In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.

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Honda secures auto industry’s largest renewable energy purchase; 60% reduction in CO2 from N.A. manufacturing operations

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As a result of the deal, Honda is one of the top automakers globally in the adoption of renewable energy to power its operations. Starting in fall of 2020, Honda will purchase 530,000 MWh/year from 120 MW of wind power generated by the Boiling Springs Wind Farm in Oklahoma, a 150 MW development of the energy company E.ON.

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Hertz introduces CNG vehicle rentals in US; Civics and Yukons

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The Hertz Corporation is introducing compressed natural gas (CNG) vehicles to its fleet in the US. Hertz will begin renting eight CNG Honda Civics and two CNG GMC Yukons at Will Rogers World Airport in Oklahoma City early next month. Oklahoma City is serving as a pilot program for Hertz’s CNG airport rentals program.

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AEP Signs on as Corporate Sponsor of Pickens’ Energy Plan

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American Electric Power has signed on as a corporate sponsor of The Pickens Plan, proposed by oil and gas industry veteran T. Extra-high voltage transmission is necessary to transport renewable energy from where it is most viable to the nation’s population centers. Boone Pickens. AEP’s headquarters are in Columbus, Ohio.

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Sinopec purchasing 50% of Chesapeake Energy leasehold in Mississippi Lime unconventional play for $1.02B

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Chesapeake Energy Corporation and Sinopec International Petroleum Exploration and Production Corporation (Sinopec) executed an agreement which provides for Sinopec to purchase a 50% undivided interest in 850,000 of Chesapeake’s net oil and natural gas leasehold acres in the Mississippi Lime play in northern Oklahoma (425,000 acres net to Sinopec).

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Velocys, Waste Management, NRG Energy and Ventech form JV for small-scale gas-to-liquids plants

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Velocys plc, a developer of smaller-scale microchannel gas-to-liquids (GTL) technology, has entered a joint venture (JV) with Waste Management, NRG Energy (NRG), and Ventech Engineers International (Ventech) to develop gas-to-liquids (GTL) plants in the United States and other select geographies.

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Gevo to supply Musket Corporation with bio-isobutanol for gasoline blending; marine and off-road markets

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has entered into an agreement with Musket Corporation to supply bio-isobutanol for blending with gasoline. Later, Musket also anticipates expanding distribution into its core Oklahoma market. billion gallons per year, according to the US Energy Information Administration (EIA).

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