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India’s state-run Oil and Natural Gas Corp (ONGC) said that oil output from the Sakhalin-1 project in Russia has returned to a plateau level of 190,000 - 200,000 barrels per day (bpd) from zero. In April 2023, Russia’s Rosneft offered dividend payments to OVL against its 20% stake, rather than equity oil.
developer of a catalytic pyrolysis process to produce renewable oil from biomass ( earlier post ), has signed a ground fuel supply agreement with FedEx Corporate Services, Inc. Under the agreement, KiOR may supply renewable diesel blendstocks for purchase by affiliates of FedEx Corporate Services, Inc.
John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. There will not be enough oil to stay on the path we’re on globally over the short- and medium-, let alone the long-term. We need a competitor for oil.
Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. A total of 21 major oil and gas projects will begin production between 2012 and 2014. billion oil equivalent barrels.
Kinder Morgan Energy Partners L.P.and Imperial Oil formed a 50-50 joint venture to build a crude oil rail-loading facility in Strathcona County, Alberta, called the Edmonton Rail Terminal. Accessing new and existing markets is critical for our continued growth and responsible development of Canada’s oil sands.
will supply rotating equipment for the first full-scale production of renewable diesel fuel in the US. The Houston-based oil and gas equipment maker received the order from Diamond Green Diesel LLC. Dresser-Rand Group Inc. Earlier post.). UOP is a Honeywell company.
Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4
Neste Oil—the world’s largest producer of renewable diesel—has launched the commercial production and sales of renewable naphtha for corporate customers; the company is one of the first to supply bio-naphtha on a commercial scale. vegetable oils) to green fuels (the core of the NExBTL process), Sotelo-Boyás et al.
Currently, the global supply chain for these elements relies heavily on dated extraction processes that are energy-intensive, consume a lot of water, and create toxic waste. Oil and gas extraction across the US and Canada pumps subsurface water to the surface as part of the extraction process.
Proponents of the concept of peak oilsupply argue that the world faces a situation—possibly very soon—in which its capacity to produce oil hits a ceiling, with demand subsequently having to adjust as supply begins to decline and alternatives to oil move into the market to fill the gap. Earlier post.).
China Petroleum & Chemical Corporation (Sinopec) officially launched China’s first methanol-to-hydrogen and hydrogen refueling service station in Dalian, China. Sinopec Fuel Oil Sales Co., 1 hydrogen energy enterprise, it has built nine hydrogen fuel cell supply centers across China.
TransCanada Corporation will hold a binding open season to obtain firm commitments from interested parties for a pipeline to transport crude oil from Western Canada to Eastern Canadian markets. In 2012, Canada imported more than 600,000 barrels per day to supply its Eastern refineries.
HEET, a company with experience developing alternative energy technologies, will focus on ways to convert discarded cooking oil into a component of sustainable aviation biofuel at the Boeing-COMAC Aviation Energy Conservation and Emissions Reductions Technology Center. The Commercial Aircraft Corporation of China, Ltd.
Thailand’s Bank for Agriculture and Agricultural Cooperatives (BAAC) and Bangchak Petroleum Plc have teamed up to grow oil palm for a biodiesel project. Prem Tinsulanon in the 1980s to operate Thailand’s old Bangchak oil refinery. tonnes of oil palm in Thailand last year. tonnes of oil palm in Thailand last year.
The Boeing-COMAC Technology Center’s first research project will explore opportunities to refine waste cooking oil, often described in China as “gutter oil,” into sustainable aviation biofuel. Finding ways to convert discarded “gutter oil” into jet fuel could enhance regional biofuel supplies and improve biofuel’s affordability.
BIOX Corporation (BIOX) will supply biodiesel to Shell Canada Limited via an inter-terminal pipeline. This agreement provides Shell Canada access to a secure, stable supply of renewable content for our diesel with the most efficient logistics possible. The connection is expected to be completed by late 2013.
Under the terms of the supply agreement, Mission will supply Valero with up to 200,000 tonnes (60 million gallons) of biodiesel per year. Over the course of the contract, Mission will supply Valero with biodiesel produced from its captive Jatropha feedstock.
Toyo Engineering Corporation and?Irkutsk Irkutsk Oil Company (IOC), Japan Oil, Gas and Metals National Corporation (JOGMEC), and Itochu Corporation are partnering on a joint feasibility study of a blue ammonia value chain between eastern Siberia and Japan.
JFE Steel Corporation, Itochu Corporation and Emirates Steel Arkan, the largest steel company in the United Arab Emirates (UAE), will conduct joint detailed feasibility studies on the establishment of a supply chain of ferrous raw material for green ironmaking with low-carbon emission at the project site in Abu Dhabi.
In addition, KHI has become a strategic supply chain partner to execute the reactor modularization for modular commercial-scale GTL pants. Sumitomo Corporation in 2010 also i took a minority shareholding in CompactGTL. Commercial details of the agreement remain confidential.
Lima Energy Company, a subsidiary of USA Synthetic Fuel Corporation in Washington, DC, has signed a contract to supply up to 80 million barrels of oil equivalent (boe) of its “Ultra Clean Synthetic Crude” (UCSC) to Husky Energy’s Lima, Ohio Refinery over ten years.
and Syntroleum Corporation that produces synthetic fuels from animal fats and greases, has entered into strategic marketing alliance, commercial off-take and supply chain management agreements with Mansfield Oil Company to distribute renewable diesel to the commercial fleet vehicle market.
BP Canada Energy Trading Company; Canadian Natural Resources; Canadian Oil Sands Limited; Cenovus Energy Inc.; Devon Canada Corporation; Husky Energy Marketing Inc.; Imperial Oil Limited; Nexen Marketing Inc.; and owned by Kinder Morgan Energy Partners, L.P.: Statoil Canada Ltd.; Suncor Energy Marketing Inc.;
developer of a catalytic pyrolysis process to produce renewable oil from biomass, and Catchlight Energy LLC (CLE), a 50-50 joint venture between subsidiaries of Chevron Corporation and Weyerhaeuser Company focused on providing liquid transportation fuels from sustainable forest-based resources, have signed a feedstock supply agreement.
Enterprise Holdings, owner and operator of the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, is piloting a program with Mansfield Oil Company to use renewable synthetic diesel fuel in its airport shuttle buses at Louis Armstrong International Airport in New Orleans and Houston Hobby Airport in Texas.
The syngas is fed into the second reactor where it is converted via the Fischer-Tropsch process into synthetic crude oil, water and a tail gas composed of hydrogen, carbon monoxide and light hydrocarbon gases. CompactGTL targets its system to oil and gas companies to develop fields previously considered uneconomic.
TransCanada Corporation is moving forward with the 1.1 The conclusion of the successful open season confirmed strong market support for a pipeline with approximately 900,000 bbl/d of firm, long-term contracts to transport crude oil from the oil sands area in Western Canada to Eastern Canadian refineries and export terminals.
Celanese Corporation, a global technology and specialty materials company, and Airborne Oil & Gas B.V., a leading, global supplier of spoolable thermoplastic composite pipe systems for deepwater offshore operations, signed a strategic supply agreement for the development and supply of composite materials for these pipe systems.
HVCC ) is supplying a number of technologies to support the hydrogen fuel cell electric vehicle manufactured by Hyundai Motor Group. The air compressor features a high-speed brushless DC motor with a patented, oil-free and angular ball bearing design. Halla Visteon Climate Control Corp. Winners will be named in April.
The Panasonic Group will supply the lithium-ion batteries for Toyota Motor Corporation’s Prius Plug-in Hybrid. This will be the first time for the Panasonic Group to supply its lithium-ion batteries for a mass production plug-in hybrid vehicle. Earlier post.) Li-ion cell for Prius PHV. Click to enlarge.
State-owned IndianOil has successfully developed and commercialized a technology to co-process non-edible vegetable oil in the existing diesel hydrotreating (DHDT) units of a petroleum refinery. This marks the first time in India when Jatropha oil has been used for co-processing in a petroleum refinery.
Dynamic Fuels, LLC and Mansfield Oil Company have signed an agreement to supply renewable diesel to Norfolk Southern Corporation, one of the US’ largest transporters of coal and industrial products. Together, they have provided seamless integration of renewable diesel supply into our Meridian, Miss., Earlier post.)
liter, heavy-duty opposed-piston, three-cylinder diesel engine it developed in a project funded by the California Air Resources Board (CARB) and several partners ( earlier post ) has entered fleet service with WALMART Corporation in a Peterbilt 579 tractor. It also uses existing components and supply chains.
Dynamic Fuels will use Syntroleum’s Bio-Synfining process to hydrotreat the used cooking oil to produce renewable jet. The biofuel will be produced from used cooking oil by Dynamic Fuels at its Geismar plant and supplied by SkyNRG, the consortium launched by KLM and North Sea Group and Spring Associates in 2009.
GE and OJSC Rosneft, one of the world’s leading oil companies, signed a strategic agreement to establish a joint venture focused on developing local expertise and technology solutions for the growing oil and gas sector in the Russian Federation.
Albemarle Corporation, a global developer, manufacturer and marketer of highly engineered specialty chemicals, has entered into a manufacturing agreement to supply base oils to Novvi SA, a joint venture between Amyris, Inc. and Cosan S.A.
CH utilizes water to reduce hydrogen and catalyst consumption and quickly and inexpensively converts plant oils into stable intermediate oil products which are very similar to petroleum crude oil. Aemetis, Inc., In May of this year, CLG joined ARA’s ReadiJet Alternative Fuel Initiative for drop-in biofuels. a CBI Company.
A coalition of 13 major Japanese automakers and energy companies—including Toyota, Honda and Nissan—are joining together to expand the introduction of hydrogen fuel cell vehicles (FCVs) in 2015 and develop the hydrogen supply network throughout Japan. JX Nippon Oil & Energy Corporation; Idemitsu Kosan Company, Ltd.;
Air Products’ joint venture company based in Sichuan, China has signed a long-term agreement to build a hydrogen production facility for PetroChina Company Limited, one of the largest oil and gas companies in the world. PetroChina plays a leading role in the oil and gas industry in China as its largest oil and gas producer and distributor.
Williams has signed a new long-term gas processing agreement with a Canadian oil sands producer. The ethane price risk associated with this deal is mitigated via the previously announced long-term agreement to supply NOVA Chemicals Corporation with up to 17,000 bpd of ethane and ethylene.
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 OilCorporation. OriginOil, Inc.,
Ensyn Fuels, a wholly-owned subsidiary of Ensyn Corporation, has signed a contract with Memorial Hospital of North Conway, New Hampshire for the supply of RFO (Renewable Fuel Oil), Ensyn’s advanced cellulosic biofuel. Ensyn Fuels will supply the onsite tankage and the RFO delivery system to the boiler. Earlier post.).
Omnitek Engineering Corporation has been selected by India-based Tata Motors to supply original equipment high-pressure natural gas filters for 2012 passenger vehicles, expanding a supplier agreement for commercial vehicle filter applications that commenced in 2009.
Woodside Energy; Japan Oil, Gas and Metals National Corporation (JOGMEC); Marubeni Corporation; Hokuriku Electric Power Company; The Kansai Electric Power Co.; In last year’s study, the parties sought to address the feasibility of establishing a supply chain in relation to economics and CO 2 emission reduction.
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