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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.
The pilot will support E3 Lithium’s Clearwater project, which will draw lithium from under the Leduc oil field, Imperial’s historic discovery that first launched major oil and gas development in Western Canada. —Jason Iwanika, director of commercial business development at Imperial.
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.
Italy-based integrated energy company Eni is launching the production of alternative sustainable aviation fuel (SAF). Eni SAFs are produced exclusively from waste and residues, in line with the company’s strategic decision not to use palm oil from 2023. HVO: Demand Outlook”). —Claudio Descalzi, CEO of Eni.
The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023.
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.
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.
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.
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.
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.
The International Energy Agency’s Monthly Oil Statistics shows that there are differences in refinery output throughout the world. Source: International Energy Agency, Monthly Oil Statistics, February 2020, Paris, France.,
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.
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.
A new analysis by European environmental NGO Transport & Environment finds that Europe burns more than 17,000 tonnes of rapeseed and sunflower oil every day—the equivalent of 19 million 1-liter bottles. T&E has called on governments to prioritize food over fuel and end the use of crop biofuels now. —Maik Marahrens.
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.
As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA.
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.
Norway-based energy company Equinor has contracted with Eidesvik Offshore for the Viking Energy supply vessel, which is being retrofitted to make it capable of covering long distances fueled by carbon-free ammonia. The Viking Energy. This is the first time an ammonia-powered fuel cell will be installed on a vessel.
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.
Topsoe and Steeper Energy , a developer of biomass conversion technologies, signed a global licensing agreement for a complete waste-to-fuel solution. The end-products include Sustainable Aviation Fuel (SAF), marine biofuel, and renewable diesel from waste biomass.
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