article thumbnail

Malaysia PETRONAS makes strategic entry into Canada with C$1.07 purchase of shale gas assets; LNG export JV

Green Car Congress

PETRONAS, through wholly-owned subsidiary PETRONAS International Corporation Ltd (PICL), has reached an agreement to form a strategic partnership with Canada-based Progress Energy Resources Corporation to develop the Altares, Lily and Kahta shale gas assets in northeastern British Columbia. billion (RM3.32 billion, US$1.1

Canada 186
article thumbnail

ExxonMobil projects natural gas will overtake coal as second most widely used source of energy by 2025

Green Car Congress

By 2025, ExxonMobil predicts natural gas will overtake coal to become the second most widely used source of energy worldwide. This historic shift of global energy markets toward increased use of natural gas will create new opportunities for economic growth and environmental progress, said Rex W. —Rex Tillerson.

Coal 244
article thumbnail

Lifecycle study finds LNG can reduce shipping GHG emissions by up to 21%

Green Car Congress

A lifecycle study by consultancy thinkstep, commissioned by SEALNG and SGMF, has found that greenhouse gas (GHG) reductions of up to 21% are achievable now from LNG as a marine fuel, compared with current oil-based marine fuels, over the entire life-cycle from Well-to-Wake (WtW).

Mariner 220
article thumbnail

Turbine Truck Engines Gains Access to Aerospace Mitsubishi Resources for Engineering and Development of Detonation Cycle Gas Turbine Engine

Green Car Congress

Aerospace Mitsubishi) in the further development of the Detonation Cycle Gas Turbine Engine (DCGT). Aerospace Mitsubishi is a joint venture (JV) between five companies from China, Japan, and Malaysia. (AMEC), will have full access to the resources of Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Earlier post.).

article thumbnail

Toyota, Hino and Showa Shell to Test FT Diesel and Renewable Diesel Blend in Hybrid Transit Bus

Green Car Congress

Toyota Motor Corporation (TMC), Hino Motors Ltd. SSSKK) plan to begin trials on 1 July of a diesel-electric hybrid transit bus fueled by a mixture of Fischer-Tropsch diesel (FTD)—specifically, Shell’s gas-to-liquids (GTL) fuel—and hydrogenated vegetable oil (HVO), a type of renewable diesel offering similar characteristics to FTD.

Diesel 225
article thumbnail

Shell selects site for proposed $12.5B GTL project in Louisiana

Green Car Congress

Shell has selected Ascension Parish in Louisiana as the location for a potential natural gas-to-liquids (GTL) facility. Shell built the first commercial GTL facility in Malaysia in 1993. According to the terms of an incentive agreement with the state, the company at a minimum would spend $12.5

Louisiana 255
article thumbnail

Toyota, Hino and Showa Shell to Test FT Diesel and Renewable Diesel Blend in Hybrid Transit Bus

Green Car Congress

Toyota Motor Corporation (TMC), Hino Motors Ltd. SSSKK) plan to begin trials on 1 July of a diesel-electric hybrid transit bus fueled by a mixture of Fischer-Tropsch diesel (FTD)—specifically, Shell’s gas-to-liquids (GTL) fuel—and hydrogenated vegetable oil (HVO), a type of renewable diesel offering similar characteristics to FTD.

Diesel 170