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EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

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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. billion a year.

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Canada targets cutting GHGs 30% below 2005 levels by 2030; new regulations for oil and gas, power, petrochemicals

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Canada Environment Minister Leona Aglukkaq announced that Canada plans to reduce its greenhouse gas (GHG) emissions by 30% below 2005 levels by 2030. The new regulations include: Regulations aligned with recently proposed actions in the United States to reduce GHG methane from the oil-and-gas sector. over the same time period.

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Viridos raises $25M in Series A for algae-based jet and diesel fuel

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Viridos (founded as Synthetic Genomics (SGI) in 2005) ( earlier post ) has raised a $25-million Series A equity investment. The funding will be used for R&D to further increase algae oil productivity to reach commercially deployable levels. SAF and RD made from Viridos algae oil are expected to have a 70% reduced carbon footprint.

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Elevance Renewable Sciences, XiMo AG announce advancements in technology for metathesizing natural oils

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a producer of high-performance renewable specialty chemicals, and XiMo AG, a company focused on the development and application of proprietary metathesis catalysts, announced significant progress in the development of new technology for metathesizing natural oils and derivatives using Molybdenum-based catalysts. Schrock, Frederick G.

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Opinion: There Is No Such Thing As Peak Oil Demand

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Notwithstanding that oil demand has increased for over 150 years, it will eventually stop increasing. If oil demand were to reach an actual peak, then the top might be easier to predict. EIA data shows that 35 countries in all have already reached and descended from maximum oil demand. by Dwayne Purvis for Oilprice.com.

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Viridos executes agreement with ExxonMobil to help scale algae biofuels toward commercial levels

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As part of the multi-faceted agreement, SGI received milestone payments for achievements in developing technology related to algal-based biofuels and related products. We’re excited to announce that ExxonMobil is continuing this collaboration with us to bring sustainable algae biofuels technology closer to commercial deployment.

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Vattenfall and Aalborg University Partner with SCF Technologies on Near Supercritical Bio-oil Process

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Source: SCF Technologies. Vattenfall and Aalborg University are partnering with Danish startup SCF Technologies in a two-year project to design a demonstration plant based on SCF’s CatLiq process—an application of the firm’s supercritical fluid technology in the catalytic production of bio-oil from organic waste.

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