article thumbnail

China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

Green Car Congress

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. billion cash. The price represents a premium of.

Oil-Sands 325
article thumbnail

UOP Renewable Jet Fuel blend powers first renewable jet commercial flight in Columbia

Green Car Congress

UOP LLC, a Honeywell company, announced that a blend with its Green Jet Fuel powered the first commercial flight in Colombia operating with renewable jet fuel. A LAN Airbus A320 aircraft traveled with 174 passengers from Bogotá El Dorado International Airport to Santiago de Cali, Colombia.

Renewable 225
article thumbnail

MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

Green Car Congress

Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT.

MIT 240
article thumbnail

11 more GM facilities worldwide go landfill-free; total up to 122

Green Car Congress

Colmotores Assembly (Colombia). This is comparable to the greenhouse gas benefit of 15 million tree seedlings grown for 10 years. Colmotores Assembly in Colombia launched awareness campaigns that engaged employees in reducing waste and sorting it correctly. Reuse: Grand Rapids Operations’ in-house oil recycling saves GM $1.2

GM 225
article thumbnail

Fairbanks Morse Engine and Achates Power team up on opposed-piston engines

Green Car Congress

OP engines are propelling ships, driving locomotives, powering natural gas compressors, running chillers and pump drives, and producing electricity in a variety of marine and stationary applications. —Fairbanks Morse President Marvin Riley.

Engine 218
article thumbnail

Petrobras Biocombustível To Invest US$2.4B in Biodiesel and Ethanol Production

Green Car Congress

Studies for the project developed in partnership with Portuguese company Galp Energia, which calls for the annual production of 330,000 cubic meters (330 million liters, 87 million gallons US) of vegetable oil in Brazil and 320,000 cubic meters (320 million liters, 85 million gallons US) of biodiesel in Portugal, will be continued.

Brazil 150
article thumbnail

UOP looking to biomass catalytic pyrolysis to expand volumes of renewable hydrocarbon fuels

Green Car Congress

Honeywell’s UOP—a major international supplier and licensor of technology for petroleum refining, gas processing, petrochemical production and major manufacturing industries—has also been an early leader in developing technologies for the production of renewable drop-in hydrocarbon fuels. Earlier post.)

Renewable 247