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Chevron to acquire Renewable Energy Group in $3.15B cash deal to boost renewable fuels position

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Chevron Corporation and Renewable Energy Group announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 REG was a founder of the renewable fuels industry and has been a leading innovator ever since. billion, or $61.50

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DOE researchers investigate economic and environmental impacts of converting wet waste to renewable diesel

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About 61% of the total sewage sludge, 27% of the total manure, and 7% of the total food waste may be available at negative prices, while FOG is more commoditized with its price determined by market demand. Among their findings: The estimated minimum fuel selling prices were $1.22/gasoline —Ou et al. GLE and $0.9/GLE.

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Neste opens four new renewable diesel filling stations in California

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Neste, the world’s leading producer of renewable diesel, has opened four new fueling stations in northern and central California, providing greater accessibility to 100% renewable diesel. They are located near major commercial freight routes and are designed to accommodate commercial fleet vehicles of all sizes.

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Petrobras ready to launch renewable diesel production upon regulatory approval

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Anelise Lara, the head of Petrobras’ refining, announced that the company is ready to begin production of renewable diesel from soy or other edible oils at commercial scale. Petrobras recently successfully concluded tests on an industrial scale for the production of renewable diesel.

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ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

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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)?”.

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IAEA to develop roadmap for commercial deployment of nuclear hydrogen

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In order to decrease the environmental impact of the annual production of over 70 million tonnes of hydrogen, some countries are looking to renewables such as solar and wind as well as nuclear power as a replacement for fossil fuels. —Alina Constantin, an IAEA nuclear engineer and co-leader of the project.

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Hydra Energy partners with Chemtrade to provide commercial truck fleets with green hydrogen below the cost of diesel

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Continuing to speed up the adoption of hydrogen in long-haul transportation, Hydra Energy —the first Hydrogen-as-a-Service provider for commercial fleets—announced a strategic partnership with Chemtrade. Natural gas distributors can also use the green hydrogen to meet renewable content requirements.

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