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Rio Tinto secures direct container service from Pilbara to Singapore

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Mining major Rio Tinto has secured a new commercial freight shipping service connecting Western Australia’s Pilbara region to the major international shipping hub of Singapore. The regular freight service commenced with the arrival of the MCP Graz at the Port of Dampier from Singapore.

Singapore 378
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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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Based on visual interpretation of high-resolution (30 m) satellite images, a new study in the journal Global Change Biology: Bioenergy determined that industrial plantations covered over 3.1 When peat swamps are drained for agriculture, the peat begins to decompose, and is an enormous source of carbon emissions. Earlier post.).

Oil-Sands 314
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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

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Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. Chokepoints are narrow channels along widely used global sea routes, some so narrow that restrictions are placed on the size of vessel that can navigate through them. million bbl/d was crude oil.

Oil 297
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ExxonMobil to proceed with $9B Payara development offshore Guyana

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Payara is the third project in the Stabroek Block and is expected to produce up to 220,000 barrels of oil per day after startup in 2024, using the Prosperity floating production, storage and offloading (FPSO) vessel. The $9-billion development will target an estimated resource base of about 600 million oil-equivalent barrels.

Guyana 418
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Neste Oil and Renewable Energy Group enter into NExBTL license agreement

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The two said that the settlement reflects their conclusion that continued pursuit of the US and Singapore patent infringement lawsuits was counterproductive. With the disputes now resolved, REG and Neste Oil look forward to working together to grow and expand the renewable fuels and chemicals marketplace globally.

Oil 199
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NTU scientists discover sustainable way to increase seed oil yield in crops up to 15%

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Nanyang Technological University, Singapore (NTU Singapore) scientists have developed a sustainable way to demonstrate a new genetic modification that can increase the yield of natural oil in seeds by up to 15% in laboratory conditions. increase in oil yield (by dry weight) in soybean seeds equates to a jump of US$1.26

Oil 236
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Neste investing €1.4B to boost capacity for renewable drop-in fuels and products production in Singapore

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billion to add additional renewable products production capacity in Singapore. The decision is based on a growing global market demand for low-carbon solutions in transport and cities, aviation, polymers and chemicals. Singapore expansion. Neste Corporation will invest approximately €1.4 million tons annually in 2022.

Singapore 191