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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. The gradual decline foresees a decrease in crude oil production by around 30% and natural gas production by around 15% by 2030. Refining & Marketing.
Class 3 flammable liquids most commonly include crude oil, ethanol, and refined petroleum products. A series of several high-profile derailments and explosions prompted the US and Canadian governments to reexamine the safety standards that govern the transport of class 3 flammable liquids.
The oil industry last week launched a legal challenge versus the U.S. EPA and its latest light- and medium-duty vehicle standards set for the 2027-2032 model years. The case was filed by the American Petroleum Institute (API), which represents members ranging from valve makers to Shell and Exxon Mobil.
By 2030, oil demand could hit a peak and then enter decline, according to a new report. For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According to Bank of America Merrill Lynch, the annual increase in global oil consumption slows dramatically in the years ahead.
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.
The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA.
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.
Fuels market analyst Tammy Klein notes that more than 40 countries are developing light-duty vehicle fuel economy standards. Ten years ago, only four governments 10 years ago had introduced mandatory GHG emission and/or fuel economy standards: China, Japan, South Korea, and the United States.
bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. Argos is the centerpiece of bp’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. Earlier post.) bp is the operator with 60.5%
With the conventional lubrication Prelube I (left), one gram of oil is applied over every square meter of sheet steel. grams of oil are required for every square meter. The new oil class creates a protective film on the surface of a metal sheet that is thicker and does not run off. grams of conventional oil.
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. R33 Blue Diesel fulfills the most prevalent standard today, EN 590, and is therefore certified for all diesel vehicles—even older ones.
Mercedes-Benz Trucks is introducing the third generation of its OM 471 heavy-duty diesel engine this year; the engine will deliver increased fuel efficiency and compliance with the strictest emissions standards such as Euro VIe. Reduced friction losses and pressure control with low-viscosity oil. PowerShift Advanced and Top Torque.
Renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second quarter of 2018, or 10.1% Much of this low carbon intensity fuel is made from used cooking oil feedstock.
The 2023 Toyota Crown for the US market is coming with standard AWD and the choice of two electrified powertrains: the standard Toyota Hybrid System (THS) or Hybrid MAX. Swing valve shock absorbers are equipped on the Limited and XLE grade and an Adaptive Variable Suspension comes standard on the Platinum grade. Earlier post.).
The Hydrogen Heavy Duty Vehicle Industry Group—comprising Air Liquide, Hyundai, Nel Hydrogen, Nikola Corporation, Shell and Toyota—has signed agreements with Tatsuno Corporation and Transfer Oil S.p.A. to industrialize globally-standard 70 MPa hydrogen heavy-duty vehicle high-flow (H70HF) fueling hardware components.
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.
The US Environmental Protection Agency (EPA) has proposed new CO 2 standards for coal and natural gas-fired power plants. Through 2042, EPA estimates the net climate and health benefits of the standards on new gas and existing coal-fired power plants are up to $85 billion.
ExxonMobil announced an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15 th discovery on the Stabroek Block. Mako-1 encountered approximately 164 feet (50 meters) of a high-quality oil bearing sandstone reservoir. Earlier post.). Earlier post.). The Stabroek Block is 6.6
has developed proprietary, breakthrough processes that convert either low-carbon isobutanol or low-value fusel oils—a mixture of alcohols that are byproducts from fermentation processes such as alcohol production—into renewable diesel.
They further estimated that roughly one-fifth of the savings can be attributed to gasoline price increases over the period and four-fifths to fuel economy and greenhouse gas (GHG) standards. gasoline demand would have put upward pressure on world oil prices. Their paper is published in the journal Energy Policy. Greene et al.
A variable cooling system (electric water pump, electric thermostat) and a fully variable oil pump further help improve engine efficiency. The 2021 Venza comes standard with Toyota’s Electronic On-Demand All-Wheel Drive, a highly efficient system that takes maximum advantage of the hybrid powertrain’s benefits.
Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.
The Diamond Green Diesel facility converts inedible oils and other waste fats into a high-quality renewable diesel fuel. The Diamond Green Diesel facility converts inedible oils and other waste feedstocks into Honeywell Green Diesel, a high-quality fuel that is chemically identical to petroleum-based diesel. Ecofining unit.
The US Environmental Protection Agency (EPA) issued a multipart proposal for required volumes of biofuel under the Renewable FUel Standard (RFS) for the next one to three years and on a series of modifications to the program. Supplemental standard. Proposed Volume Targets (billion RINs). Cellulosic biofuel. Biomass-based diesel*.
The US Environmental Protection Agency (EPA) is proposing to approve Renewable Fuel Standard (RFS) pathways for certain biofuels that are produced from canola/rapeseed oil ( earlier post ) and is providing an opportunity for comment on the Agency’s lifecycle greenhouse gas (GHG) analysis of these pathways.
An upgrade from the previous fueling station offering oil, gas, hydrogen, electric charging services, the integrated complex can produce 1,000 kilograms of hydrogen a day, with a purity of 99.999%. Sinopec Fuel Oil Sales Co.,
bp has acquired a 30% stake in Green Biofuels Ltd (GBF), the UK’s largest provider of hydrogenated vegetable oil (HVO). GBF’s products are made from renewable feedstocks such as vegetable oils, animal oils and fat. It is fully compatible with gas oil and significantly cleaner than EN590 (automotive diesel fuel).
The standard provides that CHJ fuel, which was developed by Applied Research Associates (ARA), may be blended at up to 50% by volume with conventional jet fuel. The CH crude oil produced by the CH conversion process contains thousands of isomers distributed over the entire boiling range of jet and diesel fuels. Wang et al.
It is the only diesel engine operating on the road capable of meeting CARB’s 2027 regulation, which requires a 90% reduction in emissions of NO x compared to current standards. Achates Power is backed by the Oil and Gas Climate Investments, Saudi Aramco Energy Ventures, and other investors. Achates Power announced that the 10.6-liter,
These new grades will claim 100% renewable attributed carbon derived from crude tall oil (CTO) bio-feedstock, according to a mass-balance approach. CO 2 /kg, according to the ISO14040 standard) while reducing dependence on upstream crude oil consumption. Arkema has launched its new sustainable Kynar PVDF range.
The oil industry is speaking up against EPA standards—and filing court cases. EVs still cost more to insure. Thieves are looking at fat charging cables as a fat paycheck (but they’re not). And we plug in Volvo’s plug-in hybrid sedan and see why it’s pointing to EVs. This and more, here at Green Car Reports.
Fulcrum BioEnergy, a clean energy company pioneering the creation of renewable, drop-in transportation fuels from landfill waste, successfully produced a low-carbon synthetic crude oil using landfill waste as a feedstock at its Sierra BioFuels Plant, the world’s first commercial-scale landfill waste-to-fuels plant. Source: Fulcrum BioEnergy.
The updated pathway CI values are available for quarterly fuel reporting under the Low Carbon Fuel Standard (LCFS) in 2020, beginning with Q1. The CI of California average grid electricity used as a transportation fuel in California for 2020 is 82.92 gCO 2 e/MJ. This represents a slight increase over the CI of 81.49 gCO 2 e/MJ used in 2019.
InfiniTrac uses standard gear oil and is virtually maintenance-free. InfiniTrac can operate automatically without driver intervention, preemptively adapting to various off-road surfaces through a driver-selectable switch.
While hydrogen is expected to play a critical role in reducing greenhouse gas emissions, at standard conditions, it is a flammable gas with low density and cannot be transported efficiently in a gaseous form. The carrier can then be transported in the same way as gasoline or similar hydrocarbons.
The US Environmental Protection Agency (EPA) announced two new proposed federal emissions standards spanning light-, medium- and heavy-duty vehicles for model year 2027 and beyond. Together, the proposals would reduce oil imports by approximately 20 billion barrels.
Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage.
JGC Holdings Corporation and Cosmo Oil Company will use Honeywell Ecofining technology ( earlier post ) for the first commercial-scale sustainable aviation fuel project in Japan. The project will convert used cooking oil locally collected in Japan into renewable jet fuel meeting ASTM D7566 standards with start-up scheduled in 2025.
Eni has been producing Hydrotreated Vegetable Oil (HVO) biofuel in its Venice and Gela bio-refineries since 2014 via its proprietary Ecofoning technology; it can also produce sustainable aviation fuels (SAF) from waste and plant-based raw materials using the same technology. HVO: Demand Outlook”). —Claudio Descalzi, CEO of Eni.
Each vessel was supplied with bp Marine B30 biofuel, consisting of 30% fatty acid methyl esters (FAME) blended with very low sulfur fuel oil (VLSFO). FAME is a renewable alternative fuel (biodiesel) largely produced from recycled cooking oils and renewable oil sources.
Girteka Logistics has continuously attempted to be the leader in decarbonizing its road transport services, as the transport provider has operated a very young fleet of trucks powered by the latest Euro 6 diesel standard engines across its vehicle park.
The AP300 SMR design utilizes Westinghouse’s proven Gen III+ advanced technology, which has regulatory approval in the US, Great Britain and China, as well as compliance with European Utility Requirements (EUR) standards for nuclear power plants.
These low sulfur oxide (SO x ) and NO x emissions make LNG an attractive fuel for ships that operate in Emission Control Areas (ECAs), where ships must comply with more stringent air quality standards. Second, LNG is, and has been, less expensive than MGO and is now in some regions cheaper than heavy fuel oil (HFO). Credit: The ICCT.
Advanced biofuels are based on raw biological materials, such as used cooking oil and other waste products. This material is used to manufacture a fatty acid methyl ester (FAME) (biodiesel), which is then mixed with varying proportions of low sulfur fuel oil. —Danny Smolders, Managing Director Global Sales at Hapag-Lloyd.
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