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3 Oil Majors That Bet Big On Renewables

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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. 1 Equinor. 2 Total SA.

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AFRY, RINA study points to feasibility and attractiveness of Gulf-to-Europe hydrogen pipeline

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With abundant renewable energy sources (RES) and natural gas reserves, the Gulf region is set to become a leading global producer of green and blue hydrogen, ammonia and other synthesis products. Route from Gulf to EU border could run 3,400 km from Qatar to Greece via Yanbu, Neom, Gulf of Aqaba, Port Said area.

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Qatar Airways looking to take up to a 10% stake in alcohol-to-jet company Byogy, along with off-take agreement

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Bloomberg reports that Qatar Airways Ltd. plans to take up to a 10% stake in alcohol-to-jet (ATJ) fuel company Byogy Renewables Inc., Alcohol is attractive as a feedstock for the production of renewable jet fuel partly because the steps required are currently in use at commercial scale in the petrochemical industry. We believe.

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Williams Technology Centre in Qatar and Sainsbury’s form technology collaboration; MLC flywheel energy storage for stationary applications

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Sainsbury’s and Williams F1 will collaborate to apply Formula One-inspired technologies being developed at the Williams Technology Centre (WTC) in Qatar to help the supermarket group increase its energy efficiency and reduce greenhouse gas emissions.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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World primary energy consumption grew by 2.5% Global energy consumption grew by 2.5% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. Global energy consumption grew by 2.5% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012.

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Delta Air Lines signs 75 MGPY for 7 years SAF deal with Gevo; oneworld Alliance members plan to buy 200 MGPY

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to supply 75 million gallons of sustainable aviation fuel (SAF) per year for seven years. These feedstocks can then be converted, in some cases, to high-value nutritional products and energy-dense liquid hydrocarbons, including SAF. Gevo has signed a “take-or-pay” agreement with Delta Air Lines, Inc.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar. Still in its infancy as a commercially viable fuel, hydrogen produced sustainably by using renewable energy to power the electrolysis of water can provide vast quantities of clean fuel.

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