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3 Oil Majors That Bet Big On Renewables

Green Car Congress

An analysis of near-term spending plans on renewables by the biggest oil and gas companies shows that real investments in renewable energy will continue to pale in comparison to capex plans for greenfield fossil fuel projects. Indeed, much of Big Oil's reduction in greenhouse gas (GHG) emissions leans on the so-called natural gas bridge.

Oil 418
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Sasol, GE develop new anaerobic microbial technology for cleaning of Fischer-Tropsch waste water; boosting gas-to-liquids (GTL) value proposition

Green Car Congress

Sasol and General Electric (GE: NYSE)’s GE Power & Water have together developed new technology that will clean waste water from Fischer-Tropsch plants used to produce synthetic fuels and chemicals, while also providing biogas as a by-product for power generation.

Waste 210
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Volkswagen to debut XL1 PHEV prototype at Qatar Motor Show; fuel consumption of 0.9 L/100 km (261 mpg US)

Green Car Congress

Volkswagen is staging the world debut of its XL1 diesel plug-in hybrid electric vehicle (PHEV) prototype at the Qatar Motor Show this week. The XL1 prototype has an all-electric range of up to 35 kilometers (22 miles); total range is approx. The XL1 prototype PHEV. Click to enlarge. L/100 km (261 mpg US), according to VW.

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Power shortages from the shut-down of the TEPCO Fukashima Daiichi nuke plant likely to be met by LNG

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The power shortages resulting from the shut-down of Tokyo Electric Power Company’s (TEPCO) Fukashima Daiichi nuclear power plant due to severe damage from the earthquake are likely to be met by LNG, according to Graeme Bethune, CEO of Australia-based EnergyQuest, an energy advisory firm.

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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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Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Gas production globally grew by 3.1%; the US recorded 7.7% The EU’s decline in gas production was the highest on record (-11.4%).

Coal 261
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JGC awarded EPC contract for CoolGen coal IGCC demonstration plant in Japan

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The lump-sum turnkey contract calls for the EPC services associated with construction of gas purification and other core facilities for an oxygen-blown Integrated Coal Gasification Combined Cycle demonstration plant with a generating capacity of 170MW class. the Chugoku Electric) and Electric Power Development Co.,

Coal 246
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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.

Fusion 170