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Phillips 66 progressing its conversion of California refinery to renewable fuels

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The plant will no longer produce fuels from crude oil, but instead will make fuels from used cooking oil, fats, greases and soybean oils. The Santa Maria facility in San Luis Obispo County that currently provides crude oil feedstocks to the Rodeo facility will be idled and decommissioned. Earlier post.).

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EIA forecasts crude oil prices will decline through 2023

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Global oil consumption outpaced oil production for the six consecutive quarters ending with the fourth quarter of 2021 (4Q21), which has led to persistent withdrawals from global oil inventories and significant increases in crude oil prices.

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Preem begins production of renewable diesel at Lysekil

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This is part of a larger project that intends to rebuild the existing Synsat plant for the large-scale production of renewable fuels. To begin with, 5% rapeseed oil will be combined with the fossil raw material for a limited period. The conversion is estimated to reduce emissions in the entire value chain by between 1.2–1.7

Renewable 319
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Novozymes launches Fiberex platform for conversion of corn fiber to ethanol

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The technology converts a low-value by-product into high-value, low-carbon fuel while also enabling the production of significantly more corn oil. The Fiberex platform consists of biological solutions that work in various stages of the ethanol production process.

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S&P Global: More than 75% of oil and gas production in US Gulf of Mexico has lower than average greenhouse gas intensity

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More than three-fourths of all oil and gas production in the US Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average, according to a new S&P Global Commodity Insights analysis. However, about 78% of the total production was found to be beneath that average. 900 kgCO 2 e/boe. 70 kgCO 2 e/boe.)

Mexico 150
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KIST team develops technology for mass-production of lignin-bio-aviation fuels

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The ability to produce aviation-grade fuel from oil derived from wood waste—which up until now has been difficult due to the high viscosity of the oil—could help international aviation companies comply with new emissions regulations scheduled to go into effect in 2027. and CoMo/Al2O3 as catalysts. —Kim et al.

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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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The US Department of Energy (DOE) will award some $118 million in funding for 17 projects to accelerate the production of sustainable biofuels. Topic Area 1: Pre-Pilot Scale-Up of Integrated Biorefineries Algenesis Corporation, “Pre-Pilot Scale Production of Algae-based Jet Fuel and Polyurethane Monomers”, $4,987,974.