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EU research project IDEALFUEL seeks to develop marine low-sulfur heavy fuel oils from biomass; Bio-HFO

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In an EU-funded research project, an international consortium is aiming to develop new production methods for sustainable marine fuels to replace heavy fuel oils in shipping. However, HFOs are banned in the national waters of many countries. Although cleaner fuels are available, many companies opt for HFOs due to their low cost.

Mariner 273
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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 will expand investments in the segment as soon as it is granted a permit, Lara said.

Renewable 236
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ClassNK grants Approval in Principle for new H2/CO2 FPSO design; offshore production of H2 and CO2 from associated gas from offshore wells

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Japan-based leading classification society ClassNK has granted Approval in Principle (AIP) to a new H 2 /CO 2 FPSO (floating production, storage and offloading) design developed by Mitsubishi Heavy Industries (MHI) and Chiyoda Corporation.

Grant 210
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Muradel testing green crude production in South Australia

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Australia-based renewable fuels company Muradel has launched Australia’s first integrated demonstration plant for the sustainable conversion of algae into green crude, as a first step towards a commercial plant with the potential to produce 80 million liters (21 million gallons US, or about 500,000 barrels) of crude oil per year.

Australia 210
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Ceramatec licensing molten sodium technology for heavy oil upgrading; removing the need for diluent for bitumen

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An innovative oil-upgrading technology that can increase the economics of unconventional petroleum resources has been developed under a US Department of Energy-funded project. In the case of oil sands bitumen, the API gravity is increased from 8 API to more than 20 API, eliminating the need for diluent for pipeline transportation.

Sodium 199
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Concord Energy and cellulosic biogasoline company Cool Plant to establish JV in Asia-Pacific region

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Concord Energy, one of Singapore’s leading crude oil and refined petroleum product trading companies, has signed an agreement with cellulosic biogasoline company Cool Planet Energy Systems ( earlier post ) to establish a joint venture in the Asia-Pacific Region. Cool Planet’s technology has a broad portfolio of pending and granted patents.

Asia 220
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Shell Technology Ventures to invest several $100 millions in emerging tech companies over next 6-8 years

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The company will look at areas including gas production and conversion; geophysical imaging; chemical manufacturing and conversion; novel materials; enhanced oil recovery; and water treatment. Their pilot plant in the Middle East taps heat from the sun to generate steam for enhanced oil recovery.

Companies 247