Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

Oil 231

Oil Industry Industrial Financing 231

Green Car Congress

APRIL 12, 2019

Brightmark Energy , a San Francisco-based waste and energy development company, closed a $260-million financing package for the construction of the US’ first commercial-scale plastics-to-fuel plant, which will be located in Ashley, Indiana. The finished product generated by the RES Polyflow process is a light, sweet liquid known as pygas.

Waste 268

Waste Financing Commercial Indiana 268

Green Car Congress

MARCH 28, 2012

During a campaign speech, Alberta Premier Alison Redford proposed a $3-billion government-funded research agency to support oil sands environmental research. Redford said she would revive the Alberta Oil Sands Technology and Research Authority (AOSTRA) as AOSTRA 2. Globe and Mail.

Oil-Sands 231

Oil-Sands Oil Financing Renewable 231

Green Car Congress

FEBRUARY 20, 2023

A number of foreign companies are interested in developing lithium deposits in Mexico; in September 2022, the finance ministry valued the lithium deposit in Sonora state as worth as much as 12 trillion Mexican pesos (US$653 billion, currently). What we are doing now.

Mexico 543

Mexico Bolivia Argentina Chile 543

Green Car Congress

SEPTEMBER 10, 2014

an agricultural biotechnology and seed company enabling the production of high quality, low-cost and sustainable plant oil, protein and biomass, announced success in its program to create hybrid Jatropha which has both high yield and rapid time to maturity. Jatropha oil can be used as a biofuel feedstock.

Financing 210

Financing Hybrid Oil Asia 210

Green Car Congress

JANUARY 3, 2014

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

Estonia 236

Estonia Oil Cleaner Jordan 236

Green Car Congress

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

Oil 247

Oil Transportation Cheap Energy 247

Green Car Congress

JANUARY 30, 2012

GE Oil & Gas announced the development of a Micro LNG integrated plant that meets the small-scale liquefied natural gas (LNG) requirements of powering remote industrial and residential locations and fueling motor vehicles. The product introduction was among the opening day highlights of the 2012 GE Oil & Gas Annual Meeting in Florence.

Oil 199

Oil Gas Diesel Financing 199

Green Car Congress

DECEMBER 11, 2022

ethanol—and 23% bionaphtha, which is obtained from residual materials such as tall oil, which is a by-product of pulp production. HVO (hydrotreated vegetable oil)—and 7% biodiesel. The renewable portion of the gasoline consists of 10% fuel oxygenates—e.g., The remaining 67% is made up of fossil fuel.

Gasoline 492

Gasoline Germany Audi Diesel 492

Green Car Congress

MAY 24, 2014

Rosneft and BP Exploration Operating Company Limited signed a Heads of Agreement on Domanik tight oil formations. In BP’s Energy Outlook 2035 , released in January, the company’s analysts suggested that Russia will become one of the world’s top tight oil suppliers, although far behind the US. The Domanik region in Russia.

Oil 210

Oil Russia 2013 London 210

Green Car Congress

MARCH 31, 2014

Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Frost and Sullivan recently honored Cool Planet with a Technology Innovation Leadership Award for 2014.

Financing 225

Financing Renewable Companies Fuel 225

Green Car Congress

APRIL 3, 2012

Solazyme produces tailored oils using heterotrophic algae grown in industrial fermenters. Algae-based renewable oil company Solazyme, Inc. Algae-based renewable oil company Solazyme, Inc. will have an expected annual production capacity of 100,000 metric tons of oil. Source: Solazyme. Click to enlarge. Earlier post.).

Brazil 210

Brazil Oil Renewable Commercial 210

Green Car Reports

JUNE 13, 2024

And are plug-in hybrids potentially adding to future oil demand? With the release of its annual EV sales outlook, Bloomberg New Energy Finance suggests that plug-in hybrids are a wild card for oil demand. The point-of-sale EV tax credit is very popular. This and more, here at Green Car Reports.

Tax Credit 162

Tax Credit Porsche Oil Tax 162

Green Car Congress

AUGUST 3, 2022

In the International Energy Agency’s (IEA) June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0 The Shenghong Petrochemical facility in Lianyungang has an estimated capacity of 320,000 b/d, and they report that trial crude oil-processing operations began in May 2022. million b/d in 2023.

Asia 418

Asia Saudi Arabia Kuwait Oman 418

Green Car Congress

DECEMBER 19, 2011

Agilyx economically converts difficult to recycle waste plastic into synthetic crude oil. Agilyx says it is also the only company with a known refinery off-take agreement in place and crude oil shipments underway. Earlier post.).

Waste 210

Waste Financing Companies Oregon 210

Green Car Congress

NOVEMBER 10, 2014

Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Less active oil majors in this space include ExxonMobil and ConocoPhillips.

Alternative Fuels 225

Alternative Fuels Oil Chevron Fuel 225

Green Car Congress

JULY 23, 2019

Announced debt and public market financing activity in the first half of 2019 ($547 million in five deals) was 275% higher compared to the first half of 2018 when $146 million was raised in six deals. Announced debt and public market financing for smart grid companies came to $1 million in one deal in 1H 2019 compared to $1.3

2019 207

2019 Financing Companies 2018 207

Green Car Congress

JUNE 15, 2012

Russia’s Rosneft and ExxonMobil signed agreements jointly to develop tight oil reserves in Western Siberia and establish a joint Arctic Research Center for Offshore Developments. ExxonMobil will finance the geological studies and exploratory drilling. Earlier post.). —Rosneft President Sechin.

Oil 218

Oil Design North America Russia 218

Green Car Congress

JULY 4, 2022

About 63% of today’s nuclear generating capacity comes from plants that are more than 30 years old, since many were built in the aftermath of the 1970s oil shocks. Government financing will remain necessary to mobilise new investment, not just for plants but also to develop the latest technologies.

Russia 458

Russia Emissions Powered Power 458

Green Car Congress

DECEMBER 10, 2015

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. A stripper is a small operator of very old oil wells that frequently produce less than five barrels per day of oil.

Oil Prices 150

Oil Prices Oil Price 2002 150

Green Car Congress

NOVEMBER 26, 2019

This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. But like trying to turn a massive oil tanker, it takes time. Meanwhile, the volume of actual coal-fired power generated and consumed in developing countries jumped to 6.9

Coal 243

Coal Clean Cleaning Financing 243

Green Car Congress

DECEMBER 24, 2011

Canada-based Osum Oil Sands Corp. The financing was led by a combination of new and existing shareholders. has entered into definitive agreements with a group of investors to issue, on a private placement basis, $500 million in equity securities. The placement will consist of 21.2 million common shares at $12.50

Oil-Sands 210

Oil-Sands Singapore Oil Legal 210

Green Car Congress

FEBRUARY 15, 2013

The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6%

Industry 259

Industry Industrial Price Fuel 259

InsideEVs

NOVEMBER 21, 2021

Some oil companies insist they're doing everything they can to save the planet, but it seems they're taking their time.

Oil 132

Oil Financing Companies Clean 132

Green Car Congress

DECEMBER 9, 2011

These costs are fully funded, with Valero providing the majority of the financing, and the remainder from awards by the US Department of Energy (DOE) and the State of Michigan. Construction of the Kinross facility is anticipated to start in the next three to six months and is expected to be completed by year-end 2013.

Financing 210

Financing Commercial Michigan Corporation 210

Green Car Congress

JUNE 2, 2022

The Long-Term Electric Vehicle Outlook outlines two scenarios for the uptake of electric transport to 2050, and examines impacts on demand for batteries, materials, oil, electricity, infrastructure and emissions. million barrels of oil demand per day. —Aleksandra O’Donovan, head of electric vehicles at BloombergNEF.

Transportation 473

Transportation Emissions Economy Fleet 473

Green Car Congress

AUGUST 1, 2013

Neste Oil is part of a fleet demonstration program of a new blend of diesel fuel in Coburg, Germany. The Diesel R33 project is financed by the Bavarian State Ministry of the Environment and Public Health (StMUG), the European Union, and various other partners. Union for the Promotion of Oil and Protein Crops - UFOP.

Diesel 186

Diesel Oil Renewable Commercial 186

Green Car Congress

MAY 13, 2014

Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. Additionally, in 2012 the Chinese Ministry of Finance announced it would provide annual subsidies up to two billion yuan ($323.6 China Electric (Battery) Fuel Efficiency Oil Policy'

Alternative Fuels 218

Alternative Fuels Oil China Fuel 218

Green Car Congress

MARCH 3, 2017

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. by Nick Cunningham of Oilprice.com.

Oil 150

Oil 2011 Oil Prices Chevron 150

Green Car Congress

MAY 3, 2021

EnergyX) has secured commitments of $20 million in financing. Some in the electric vehicle (EV) industry have likened lithium mining to the early days of oil exploration. Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. We are pleased to invest in EnergyX at this critical time.

Companies 448

Companies Lithium Ion Energy Storage 2020 448

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. Of this, the Saudi government will finance $239 billion, while private investors will finance $79 billion, as well as investments in refining (which it does not specify). percent to $38.1

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

JUNE 11, 2015

million) financing from Bpifrance on the isobutene program. This financing, which allows Global Bioenergies to strengthen its leadership in the field of fermentative isobutene, is structured in the form of a €1.4-million Fifteen million tons of isobutene are derived from oil each year and converted into fuels, plastics and elastomers.

Financing 150

Financing Germany Global Renewable 150

Green Car Congress

SEPTEMBER 5, 2021

As the first batch of pilot projects of CNPC in the new energy field, the hydrogen stations in operation lay a foundation for the company’s future extensive deployment of hydrogen stations and the construction of hybrid stations of oil, gas, electricity, and hydrogen. CNPC) is an integrated international energy company.

Hydrogen 300

Hydrogen Asia Russia Africa 300

Green Car Congress

MAY 5, 2023

The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

Oil 170

Oil Grant Gas Industry 170

Green Car Congress

AUGUST 13, 2015

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150

Green Car Congress

AUGUST 20, 2019

The financing was co-led by The Engine and by The GOOSE Society of Texas. Examples of these consumers include manufacturers of semiconductors, LEDs, float glass, food oil, metal, and users of hydrogen fuel cell electric vehicles. million in Series A funding. Previous investor Evok Innovations was also a major participant in the round.

Manufacturer 371

Manufacturer Fuel Clean Cleaning 371

CleanTechnica EVs

JULY 6, 2021

Michael Liebreich, who founded BloombergNEF (originally New Energy Finance), is passionate about helping the environment, and thus humans. He recently said that the oil sector is lobbying for inefficient hydrogen cars because it wants to delay electrification.

Hydrogen 145

Hydrogen Oil Financing Recharge 145