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Acelen to invest $2.44 billion over 10 years to produce renewable diesel and SAF in Brazil

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Brazil’s Acelen will invest more than R$12 billion (US$2.44 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. Inaugurated in 1950, RLAM was the first refinery in Brazil.

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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017.

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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production. per gallon in 2024.

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Future Fuel Strategies: 40+ countries developing light-duty vehicle fuel economy standards

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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.

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Brazil and US to deepen cooperation on energy; aviation biofuels

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Among the statements and agreements emerging from President Obama’s official visit to Brazil and meeting with President Dilma Rousseff were overall support for the US supporting “ the rise of Brazil as a global power ” as well as an agreement to launch a Strategic Energy Dialogue between the two countries.

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Black & Veatch to assess feasibility of world’s largest green hydrogen plant: $5.4B Base One; 600 million kg/pa

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When operational, Enegix Energy’s planned Base One facility in Ceará, Brazil will produce more than 600 million kilograms of green hydrogen annually. —Gary Martin, a Managing Director with Black & Veatch’s Oil & Gas business. Base One is anticipated to take three to four years to build. gigawatts of solar and onshore wind.

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Novozymes in Two New Research Partnerships in Brazil; Biogas from Bagasse and Polypropylene from Sugarcane

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Novozymes, an international enzymes and microorganisms company, has entered two new research partnerships in Brazil. Sugarcane bagasse is a potentially abundant source of energy for Brazil. According to estimates, bagasse could meet 20% of Brazil’s energy consumption by 2020. Initial development will run for at least five years.

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