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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com.
MPC) and ADM announced an agreement to form a joint venture for the production of soybean oil to supply rapidly growing demand for renewable diesel fuel. When complete in 2023, the Spiritwood facility will source and process local soybeans and supply the resulting soybean oil exclusively to MPC. Marathon Petroleum Corp.
In August 2020, Phillips 66 announced that it planned to reconfigure its San Francisco Refinery in Rodeo, California, to produce renewable fuels. The plant will no longer produce fuels from crude oil, but instead will make fuels from used cooking oil, fats, greases and soybean oils. Earlier post.).
Now, Argent has switched its fleet from petroleum diesel to Neste MY Renewable Diesel. We decided to switch to renewable diesel once our quality and availability concerns were satisfied. We decided to switch to renewable diesel once our quality and availability concerns were satisfied. There’s no change in engine performance.
Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Historically, the refinery has produced diesel from crude oil and has a capacity of 70,000 barrels per day. GCEH will immediately commence retooling the refinery to produce renewable diesel from organic feedstocks such as vegetable oils.
Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. During the tour, Chevron representatives will talk with members of the public about the benefits of lower carbon fuels such as biofuels and renewable gasoline blend.
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.
will more than double its annual production of renewable diesel with the completion of a second Honeywell Ecofining process unit with a capacity of 30,000 barrels per day (bpd). The Diamond Green Diesel facility converts inedible oils and other waste fats into a high-quality renewable diesel fuel. and Darling Ingredients Inc.,
Darling and Valero jointly announced that their 50/50 joint venture, Diamond Green Diesel (DGD), has received approval from both companies’ Boards of Directors to proceed with the construction of the renewable diesel production facility to be located at Valero’s Port Arthur, Texas refinery. billion pounds of used cooking oil annually.
Grön Fuels, LLC’s renewable diesel and jet fuel option facility at the Port of Greater Baton Rouge is based on Topsoe’s proprietary HydroFlex hydrotreating and H2bridge hydrogen technologies, including an option to capture ~1 million tons per year of bio-CO 2 for carbon sequestration in suitable deep saline aquifers located below the project site.
ECB Group Paraguay and Shell Trading (US) Company signed a multi-year contract that will provide more than 500 million liters (130 million gallons US) of renewable diesel and renewable jet fuel per year to Shell, one of the world’s largest energy companies. The contract is expected to run from 2024.
Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. On top of this, the OMV Group intends to take a leading position in the field of renewable and circular economy solutions.
Building on its capability of proactive transformation, Neste has initiated a strategic study on transitioning its refinery in Porvoo, Finland to non-crude oil refining and into a globally leading renewable and circular solutions site. Neste’s growth strategy is centered on renewable and circular solutions. Porvoo refinery.
Biofuels producer Renewable Energy Group joined Iowa State University (ISU) at the BioCentury Research Farm (BCRF) to mark the start of a new hydrotreater pilot plant. REG converts waste and byproduct fats and oils into biodiesel and renewable diesel.
from receiving profits from the oil sales by Chevron. This authorization automatically renews on the first day of each month and is valid for a period of six months from the effective date of General License No. 41 or the date of any subsequent renewal of General License No. 41, whichever is later. 41, whichever is later.
Both primary energy consumption and carbon emissions from energy use fell at their fastest rate seen since the Second World War, while renewable energy continued its trajectory of strong growth, with wind and solar power recording their largest ever annual increase. World oil production fell for the first time since 2009 by 6.6
For the first time, renewable raw materials are being converted to Swedish Environmental Class 1 diesel (maximum sulfur content of 10 ppm) at Preem’s refinery in Lysekil. The aim is to annually produce up to 950,000 cubic meters (251 million gallons US) of renewable fuel by 2024. About two-thirds of the products are exported.
LGF is the first renewable diesel fuel project to achieve this milestone. Carbon capture and permanent geologic sequestration is no longer a hypothetical scenario for Louisiana Green Fuels—successful completion of the test well is a major milestone that’s not been achieved by any other renewable diesel project.
The Front-Loading Net Zero report states that electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned. Utilities should keep repeating steps 1 - 3 until their systems run on 80 – 90% renewables.
The production of renewable diesel at Neste’s Singapore refinery expansion has been restarted in early August, according to the company’s plans. With the growth projects in Singapore and Martinez, the company targets to increase its total nameplate capacity of renewable products to 5.5 million tons in early 2024. Neste Marine 0.1
The US Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023. Renewable energy is the only source that increases its share of electricity generation in 2023 in our forecasts,” DeCarolis said.
Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. In 2002, Suncor partnered with Enbridge to build one of the first renewable.
These include the financing and construction of an oil refinery in the DRC to be owned jointly by both countries to meet regional demand for refined petroleum products, along with the construction of storage facilities for refined products. —Equatorial Guinea’s Minister Gabriel Mbaga Obiang Lima.
Despite oil demand in the transport sector forecast to half by 2050, the present pace of the transition still falls severely short of the goals of the Paris Agreement. Conversely, the consumption of oil within aviation will be virtually flat to 2050, with hydrocarbons set to have a 60% share in the sector in the same year.
Meanwhile, wet waste feedstocks, such as animal manure and fats, oils, and greases (FOG), represent another important category of resources that could be utilized to produce MCCI bioblendstocks due to its abundant availability. Skaggs et al. demand in 2016. 1c06561.
Once built, the facility will be among the largest in Europe to produce sustainable aviation fuel (SAF) and renewable diesel made from waste. Hydrogen and high-pressure steam are then used in the production process to convert oils into fuels (hydroprocessing), helping to reduce the fuel’s carbon intensity.
The new fuel, called Blue Gasoline, similarly contains up to 33% renewables, ensuring a well-to-wheel reduction in carbon emissions of at least 20% per kilometer driven. On the road to climate-friendly mobility, we must ensure we don’t leave any technical opportunities untapped, starting with electromobility and ending with renewable fuels.
A new analysis by European environmental NGO Transport & Environment finds that Europe burns more than 17,000 tonnes of rapeseed and sunflower oil every day—the equivalent of 19 million 1-liter bottles. Supermarkets have had to ration vegetable oils and prices are soaring. In a time of scarcity we must prioritize food over fuel.
billion) over the next 10 years in the production of renewable diesel and sustainable aviation fuel (SAF) through the hydrotreatment of vegetable oils and animal fat. In Abu Dhabi, Acelen signed a memorandum of understanding for the production of renewable diesel and SAF with the government of the Brazilian state of Bahia.
Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. It also expects Spain to become a net exporter of renewable hydrogen.
Upon completion of the project, Kinder Morgan’s Harvey, Louisiana facility will serve as the primary hub where Neste will store a variety of raw materials including, for example, the used cooking oil it collects from more than 40,000 restaurants across the United States. —Jeremy Baines, President of Neste US.
Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9
The Goodyear Tire & Rubber Company announced a new formulation of its popular Endurance WHA waste haul tire made with a renewable soybean oil compound. The Endurance WHA is now made with soybean oil, which replaces a portion of the petroleum-based materials used in its production. Earlier post.). “In
Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. billion miles of heavy truck and cargo transportation.
A new study by Zemo Partnership (formerly LowCVP) shows that with a market average of 30% high blend renewable fuels (HBRF), used in place of fossil fuels (diesel and natural gas) by 2030, the transport sector could save an additional 46m tonnes in GHG emissions over the next decade, with savings continuing to 2050.
The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US. —from the report, “Animal, vegetable or mineral (oil)?”.
Many new vehicles that leave the Audi plants in Germany are delivered with R33 fuel—a blend comprising one-third renewable components. R33 Blue Gasoline and R33 Blue Diesel consist of one-third renewable components, based exclusively on residual and waste materials. HVO (hydrotreated vegetable oil)—and 7% biodiesel.
The biojet fuel, made from used cooking oil, will be delivered to French airports starting in April 2021. Total started up production at the La Mède biorefinery—converted from a former oil refinery—in 2019. Total will not use vegetable oils as feedstock. An 8-megawatt solar farm that can supply 13,000 people.
In an EU-funded research project, an international consortium is aiming to develop new production methods for sustainable marine fuels to replace heavy fuel oils in shipping. IDEALFUEL seeks to develop methods to convert woody residual and waste materials such as sawdust and wood chips into renewable marine fuels.
Imperial is moving forward with plans to construct a major renewable diesel complex at its Strathcona refinery near Edmonton, Alberta—the largest refinery in western Canada. This new complex is expected to produce more than 1 billion liters (260 million gallons US) per year of renewable diesel from locally sourced and grown feedstocks.
Phillips 66 Company has applied for a California Low Carbon Fuel Standard (LCFS) Tier 2 fuel pathway for Renewable Diesel derived from distiller’s corn oil which is processed along with soybean oil and canola oil at its facility in Rodeo, California.
U-Haul—the largest US retailer of propane—has purchased one million gallons of renewable propane to sell at its company-owned and -operated stores across California for the second year in row. No cost increase is passed on to U-Haul customers as a result of the renewable propane initiative. Earlier post.)
signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Casterra’s high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy.
US production capacity for renewable diesel could increase significantly through 2024, based on announced projects and those that are under construction, according to the US Energy Information Administration (EIA). As of the end of 2020, we estimate US production capacity for renewable diesel totaled nearly 0.6
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