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Review of co-processing of biocrudes in oil refineries

Green Car Congress

Liquid intermediates from pyrolysis and hydrothermal liquefaction (HTL) can be co-processed in an oil refinery along with conventional crude oil. After pyrolysis, the vapors are condensed to give a dark brown fast pyrolysis bio-oil (FPBO). In fast pyrolysis, biomass is quickly heated to around 500 °C in the absence of oxygen.

Oil 448
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T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

Green Car Congress

Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. C carbon budget.

Oil 370
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Audi and KIT working on recycling for automotive plastics via pyrolysis oil

Green Car Congress

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.

Kits 410
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DOE to award up to $88M for oil and natural gas recovery research

Green Car Congress

The Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs). million barrels of oil per day (MMb/d)) to 56.5%

Oil 306
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IMO sub-committee moving forward on prohibiting carriage of high-sulfur fuel oil

Green Car Congress

The International Maritime Organization (IMO) Sub-Committee on Pollution Prevention and Response (PPR) has agreed to move forward with a prohibition on the carriage of high-sulfur fuel oil for use on board ships, when that fuel oil is not compliant with a new low-sulfur limit which comes into force from 2020. of MARPOL Annex VI.

Oil 277
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Commentary: Could falling oil prices spark a financial crisis?

Green Car Congress

The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. As is the nature of the junk-bond market, lots of money flowed to companies with much riskier drilling prospects than, say, the oil majors. The situation will compound itself if oil prices stay low.

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With oil prices low, early signs of a pullback in drilling activity

Green Car Congress

With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30 percent since summer highs, raising fears among producers across the globe. Yet, many oil majors are relatively diversified, with large holdings downstream.