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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. barrel per ton of feedstock.
Liquid intermediates from pyrolysis and hydrothermal liquefaction (HTL) can be co-processed in an oil refinery along with conventional crude oil. Fast pyrolysis and hydrothermal liquefaction (HTL) are both processes for producing liquid fuels from dry/solid or wet biomass.
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.
A team from the University of Tennessee and the National Renewable Energy Laboratory (NREL) has the fuel savings due to fuel economy improvements over the past 43 years amount to approximately two trillion gallons of gasoline. Their paper is published in the journal Energy Policy. Greene et al. has almost doubled.
Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions. Refining & Marketing.
In August 2020, Phillips 66 announced that it planned to reconfigure its San Francisco Refinery in Rodeo, California, to produce renewable fuels. The plant will no longer produce fuels from crude oil, but instead will make fuels from used cooking oil, fats, greases and soybean oils. Earlier post.).
After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil, and coal) increased by 2% in 2021 to 77.14 Of the total US fossil fuel production in 2021, dry natural gas accounted for 46%, the largest share. quadrillion British thermal units.
Solid-oxide fuel-cell manufacturer Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, have signed a joint development agreement (JDA) to design and to develop fuel cell-powered ships. SHI LNG carrier. SHI LNG carrier. —Haeki Jang, vice president of shipbuilding & drilling sales engineering at SHI.
In the face of the emerging global energy crisis triggered by Russia’s invasion of Ukraine and the countervailing barrage of economic sanctions, the International Energy Agency (IEA) is proposing a 10-Point Plan to Cut Oil Use. IEA claims that its plan would lower oil demand by 2.7 Ban private cars in cities on Sunday.
Global Clean Energy Holdings, Inc., Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Historically, the refinery has produced diesel from crude oil and has a capacity of 70,000 barrels per day.
Grön Fuels, LLC’s renewable diesel and jet fuel option facility at the Port of Greater Baton Rouge is based on Topsoe’s proprietary HydroFlex hydrotreating and H2bridge hydrogen technologies, including an option to capture ~1 million tons per year of bio-CO 2 for carbon sequestration in suitable deep saline aquifers located below the project site.
The US Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023. US distillate fuel inventories average 17% below the five-year average in the forecast for 2023.
Fossil fuels still receive most of the international government support provided to the energy sector despite their “well-known environmental and public health damage,” according to new research from Rice University’s Baker Institute for Public Policy. —“Fossil Fuel Subsidy Reform Since The Pittsburgh G20: A Lost Decade?”.
ExxonMobil and FuelCell Energy, Inc. signed a new, two-year expanded joint-development agreement to further enhance carbonate fuel cell technology for the purpose of capturing carbon dioxide from industrial facilities.
Global energy demand spiked in 2024, driven largely by surging electricity use, according to a new report released today by the International Energy Agency (IEA). Electricity consumption jumped by nearly 1,100 terawatt-hours a hefty 4.3% increase nearly twice the annual average growth of the past decade.
vehicle fuel economy. Specifically, this study examines actual fuel economy of cars and light trucks (pickup trucks, SUVs, and vans) from 1966 through 2019. (My Calculated vehicle fuel economy is available going back to 1923. The primary measure in this analysis is the average miles driven per gallon of fuel for each year.
DNV’s Transport in Transition report draws on DNV’s system dynamics-based Energy Transition Outlook model and explores the changes in fuels, electricity and infrastructure needed to transport ever-larger numbers of people and volumes of freight while at the same time decarbonizing the sector.
The US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2022 (AEO2022) Reference case forecasts that US energy consumption will grow through 2050, primarily driven by population and economic growth. Energy Information Administration, Annual Energy Outlook 2022 (AEO2022). Source: U.S.
European Energy , a Danish developer and operator of green energy projects, has ordered a 50 MW electrolyzer from Siemens Energy for use in developing the first large-scale commercial e-Methanol production facility. End users of the e-Methanol will be the shipping company Maersk and the fuel retailer Circle K among others.
Aker Solutions has signed a contract with Nordic Blue Crude (NBC) for front-end engineering and design (FEED) of a new e-Fuel facility at Herøya in Porsgrunn, Norway. The e-Fuel plant is planned to produce CO 2 -neutral fuel by using green hydrogen and furnace gas from an existing factory.
With tuning, the catalyst can achieve a selectivity of 80% toward motor oil (C 21 –C 45 ). As an indication of the industrial interest in this field, Neste and and Ravago recently announced plans to set up a joint venture to focus on chemical recycling of mixed waste plastic using a thermochemical liquefaction technology from Alterra Energy.
A Korean research team has developed a technology that can be used to mass-produce aviation-grade fuels from wood wastes. The pyrolysis of lignin produces an oil which has little industrial utility due to its high viscosity. Suggested continuous-flow HDO of lignin pyrolysis oil dissolved in its HCK oil. —Kim et al.
ASTM International has approved and published a sixth pathway for the production of sustainable aviation fuel (SAF). The latest annex to the SAF specification, D7566, establishes criteria for the production and use of catalytic hydrothermolysis jet fuel (CHJ), a type of synthetic kerosene. Catalytic hydrothermolysis to jet fuel.
Researchers at the University of Oxford have developed a method to convert CO 2 directly into aviation fuel using a novel, inexpensive iron-based catalyst. These are important raw materials for the petrochemical industry and are presently also only obtained from fossil crude oil. and selectivity to C 8 –C 16 hydrocarbons of 47.8%
China processed record amounts of crude oil in 2021 to meet rising domestic consumption of petroleum products, according to analysis by the US Energy Information Administration (EIA). Energy Information Administration, based on data from China General Administration of Customs, as compiled by Bloomberg, L.P. increase from 2020.
Chemical recycling has great potential for this: If plastic components can be produced from pyrolysis oil instead of petroleum, it would be possible to significantly increase the proportion of sustainably manufactured components in automobiles. These plastic components are processed into pyrolysis oil by chemical recycling.
The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is no climate benefit from using liquefied natural gas (LNG) as a marine fuel—regardless of the engine technology. First, it contains very little sulfur.
In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu), down 9% from 2019 and the lowest level since 1991, according to the US Energy Information Administration (EIA) Monthly Energy Review.
(HJSC) have respectively ordered seven and two MAN B&W G80ME-LGIM dual-fuel engines in connection with the construction of 9 × 9,000 TEU container vessels for HMM Co., At MAN Energy Solutions, we expect further projects for this size of container vessel to be specified with our G80 methanol engine within the near future.
Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are collaborating to enable the supply of Neste MY Sustainable Aviation Fuel into France. Neste is committed to contribute significantly as we are increasing our global SAF production capacity to 1.5
vehicle fuel economy. Specifically, this study examines actual fuel economy of cars and light trucks (pickup trucks, SUVs, and vans) from 1966 through 2017. Calculated vehicle fuel economy is available going back to 1923. The primary measure in this analysis is the average miles driven per gallon of fuel for each year.
New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.
Scientists from ExxonMobil, the Georgia Institute of Technology and Imperial College of London have published in the journal Science joint research on potential breakthroughs in a new membrane technology that could reduce emissions and energy intensity associated with refining crude oil. —Thompson et al.
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
Researchers at the US Department of Energy’s Pacific Northwest National Laboratory (PNNL) have developed an onboard separation system that could support increased fuel economy and lower greenhouse gas emissions as part of an octane-on-demand fuel-delivery system. Unfortunately, these engines exacerbate engine knock.
The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). in summer 2021.
In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d in 2023. million b/d.
Diamond Green Diesel is owned by Valero Energy Corp. The Diamond Green Diesel facility converts inedible oils and other waste fats into a high-quality renewable diesel fuel. Honeywell Green Diesel is a “Biomass-Based Diesel” under the US Environmental Protection Agency’s Renewable Fuel Standard. Ecofining unit.
Solid-oxide-fuel-cell manufacturer Bloom Energy is entering the commercial hydrogen market by introducing hydrogen-powered fuel cells and electrolyzers that produce renewable hydrogen. The Bloom Energy Servers are a proven market leader in clean, reliable, and resilient on-site power. —Jason Ahn, CEO of SK E&C.
The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 President and CEO of Oberon Fuels. per gallon). Oberon’s process.
Rolls-Royce has conducted the first tests of 100% Sustainable Aviation Fuel (SAF) in a business jet engine. At present, SAF is only certified for blends of up to 50% with conventional jet fuel and can be used on all current Rolls-Royce engines. SAFs tested on the Pearl 700.
Organizers wanted to showcase how their small nation of nearly 11 million, on the western shore of the Caspian Sea , had evolved over its three decades of independence and was ready to play a role in the world s energy transition. But if they succeed, it will mark a bold feat of engineering to boost clean energy and fight climate.
The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.
Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.
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