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EPA proposing RFS pathways for biofuels made from canola oil via hydrotreating; diesel, jet, naphtha, LPG, heating oil

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The US Environmental Protection Agency (EPA) is proposing to approve Renewable Fuel Standard (RFS) pathways for certain biofuels that are produced from canola/rapeseed oil ( earlier post ) and is providing an opportunity for comment on the Agency’s lifecycle greenhouse gas (GHG) analysis of these pathways. production process.

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BASF investing €16M into tire pyrolysis oil company Pyrum as part of ChemCycling project

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Until the end of 2022, two additional production lines will be added to the existing plant. BASF will uptake most of the pyrolysis oil and process it into new chemical products by using a mass balance approach as part of its ChemCycling project. In addition, they have a lower carbon footprint than conventional products.

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LG Chem, Dansuk JV to build Korea’s first next-generation hydro-treated vegetable oil plant

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LG Chem and Korean biodiesel producer and exporter Dansuk Industrial will form a joint venture to build Korea’s first next-generation hydro-treated vegetable oil (HVO) plant. The two companies will sign the definitive agreement in the first quarter of next year and aim to complete the construction of the production plant by 2024.

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EPA approves RFS pathway for sorghum oil as feedstock for bio-diesel or drop-in renewable fuels

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The analysis considered a scenario where distillers sorghum oil is recovered from distillers grains with solubles (DGS) at dry mill plants that produce biofuel from grain sorghum and where the remaining reduced-oil DGS co-product is used as animal feed.

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NRC report finds that large-scale production of algal biofuels poses sustainability concerns; not a definitive barrier

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Pathways for cultivating and processing algae to fuels and their products. Scaling up the production of algal biofuels to meet at least 5%—approximately 39 billion liters—of US transportation fuel needs would place unsustainable demands on energy, water, and nutrients, according to a new report from the National Research Council.

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ExxonMobil to proceed with $14B Hebron heavy oil project off Canada’s East Coast; more than 700B barrels of oil

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Exxon Mobil Corporation will develop the Hebron oil field offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million barrels of oil, an increase from earlier estimates. The platform is being designed for daily production of 150,000 barrels of oil.

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Oil Well Strippers Suffering From Low Oil Prices

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With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. A stripper is a small operator of very old oil wells that frequently produce less than five barrels per day of oil.