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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

Green Car Congress

CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint. The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Current product flow at Kern River field. Data: California DOGGR.

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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

Saudi Arabia and Kuwait might, and should be encouraged to do so. This scenario assumes a full global consensus for action on climate change. A wave of green globalization allows all countries to share in the benefits of decarbonization. Nigeria or Algeria cannot do the same for their oil industry. —Goldthau et al.

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Polestar’s Q3 revenue and gross profit skyrocket, operating loss trims by 33%

Teslarati

Polestar’s ( NASDAQ: PSNY ) position as one of two global, pure electric vehicle makers was solidified with a strong Q3 earnings report that featured skyrocketing revenue and gross profit figures and an operating loss that was reduced by one-third. and the USA. ” R&D expenses were down 22 percent due to lower amortization.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

In the last quarter of 2014, in the face of possible oversupply, Saudi Arabia abandoned its traditional role as the global oil market’s swing producer and therefore it role as unofficial guarantor of existing ($100+ per barrel) prices. This increase in output occurs with the context of a narrow global demand opportunity.