Green Car Congress

FEBRUARY 24, 2023

In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). Data source: US Energy Information Administration, federal and state motor fuels taxes table.

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Tax Gasoline Diesel Fuel Tax 273

Green Car Congress

NOVEMBER 30, 2020

Empa, together with FPT Motorenforschung AG Arbon, Politechnico di Milano, lubricant manufacturer Motorex and other partners, is exporing the use of DME as a fuel for heavy-duty engines. In cooperation with a major European supplier, a new oil-lubricated common-rail pump had therefore been developed. —Patrik Soltic.

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Engine Fuel Exhaust Gas-Electric 410

CleanTechnica EVs

DECEMBER 9, 2023

Million Barrels of Oil a Day Avoided from Electric Vehicles appeared first on CleanTechnica. We love covering electric vehicle sales and new electric vehicle models, but something we get to cover much less is. continued] The post 1.8

Oil 145

Oil Electric Vehicles Vehicles Electrical 145

Green Car Congress

APRIL 27, 2021

Axens Vegan technology is designed to hydrotreat a wide range of lipids and to produce a flexible slate of low-density and high cetane renewable diesel as well as renewable jet fuel. Aemetis recently announced a $2-billion bid process to airlines and fuel blenders for the Carbon Zero 1 plant and is finalizing offtake agreements.

Renewable 243

Renewable Diesel California Fuel 243

Green Car Congress

AUGUST 20, 2019

The financing was co-led by The Engine and by The GOOSE Society of Texas. Syzygy is advancing a new photocatalytic chemical reactor that could significantly reduce the cost and carbon emissions in the production process for a wide range of major chemicals such as fuel, fertilizer, and plastic. million in Series A funding.

Manufacturer 371

Manufacturer Fuel Clean Cleaning 371

Green Car Congress

DECEMBER 8, 2021

Kolmar is a wholly owned subsidiary of Kolmar Group AG that is a privately held service provider, manufacturer, and marketer of renewable fuels headquartered in Zug, Switzerland. With protein and corn oil co-product sales, Net-Zero 2 is estimated to generate gross revenues of approximately US$350 million per year.

Renewable 186

Renewable Supplies Fuel Switzerland 186

Green Car Congress

DECEMBER 27, 2012

The Ukraine state oil and gas company Naftogaz signed a US$3.656-billion credit agreement with the state-owned China Development Bank to finance the program of substituting natural gas with locally produced coal. Previously, Ukraine expressed its interest in the Chinese technology of coal gasification and coal-water fuel production.

Ukraine 236

Ukraine Coal Financing Gas 236

Green Car Congress

MARCH 31, 2014

Cool Planet Energy Systems, a renewable fuels and biochar company ( earlier post ), closed on its targeted $100 million Series D financing. Cool Planet’s green fuels are chemically identical to fossil fuels, with one of the lowest capital costs in the industry. Click to enlarge.

Financing 225

Financing Renewable Companies Fuel 225

Green Car Congress

MARCH 11, 2021

TECO 2030 ASA plans to establish Norway’s first large-scale production of hydrogen-based fuel cells in Narvik in Northern Norway. The plant will be able to produce fuel cells with a capacity of more than one gigawatt per year, equivalent to several billion NOK of annual turnover. Earlier post.). —Tore Enger.

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Norway Hydrogen Fuel Production 243

CleanTechnica EVs

JULY 6, 2021

Michael Liebreich, who founded BloombergNEF (originally New Energy Finance), is passionate about helping the environment, and thus humans. He recently said that the oil sector is lobbying for inefficient hydrogen cars because it wants to delay electrification.

Hydrogen 145

Hydrogen Oil Financing Recharge 145

Green Car Congress

MAY 13, 2014

Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. Under the Energy Saving and New Energy Vehicle Plan for 2012 to 2020 released in 2012, average passenger car fuel economy is targeted to increase to 34 miles per gallon (6.9 Source: EIA. Click to enlarge.

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Alternative Fuels Oil China Fuel 218

Green Car Congress

SEPTEMBER 5, 2021

With a daily refueling capacity of 600 kg, it can serve 50-60 hydrogen fuel cell buses per day. Early in February, CNPC had put into operation its first hydrogen station for the 2022 Winter Olympics in Chongli District, Zhangjiakou City, refueling more than 470 hydrogen fuel cell vehicles during the Winter Olympics test events.

Hydrogen 300

Hydrogen Asia Russia Africa 300

Green Car Congress

NOVEMBER 10, 2014

Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Valero has a strong focus on drop-in fuel production either by bioconversion or catalysis.

Alternative Fuels 225

Alternative Fuels Oil Chevron Fuel 225

Green Car Congress

JUNE 2, 2013

Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Dr. Hermann Pengg, head of project management e-fuels, Audi, giving a talk on energy conversion and storage using Power-to-Gas at ASPO 2012.

Volt 334

Volt Financing Gas Power 334

Green Car Congress

JULY 4, 2022

In countries that choose to continue or increase their use of nuclear power, it can reduce reliance on imported fossil fuels, cut carbon dioxide emissions and enable electricity systems to integrate higher shares of solar and wind power.

Russia 458

Russia Power Powered Emissions 458

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09

Oil Prices 268

Oil Prices Oil Price Carbon 268

Green Car Congress

MAY 22, 2023

The Dangote Petroleum Refinery, which covers an area of approximately 2,635 hectares—about the six times the size of Victoria Island in Lagos, Nigeria—is expected to be Africa’s largest oil refinery and the world’s largest single-train facility. Nigerian crude oil is also rich in paraffins.

Nigeria 259

Nigeria Oil Africa Financing 259

Green Car Congress

JULY 7, 2021

Crude oil tanker company Euronav NV announced a Joint Development Program (JDP) with the largest shipbuilder in the world, Hyundai Heavy Industries (HHI) and classification societies Lloyd’s Register and DNV, to help accelerate the development of dual fuel Ammonia (NH 3 ) fitted VLCC and Suezmax vessels. million (US$66.4 million each).

Hyundai 186

Hyundai Fuel Mariner Fleet 186

Green Car Congress

JUNE 11, 2015

million) financing from Bpifrance on the isobutene program. This financing, which allows Global Bioenergies to strengthen its leadership in the field of fermentative isobutene, is structured in the form of a €1.4-million Fifteen million tons of isobutene are derived from oil each year and converted into fuels, plastics and elastomers.

Financing 150

Financing Germany Global Renewable 150

Green Car Congress

JUNE 2, 2022

The Long-Term Electric Vehicle Outlook outlines two scenarios for the uptake of electric transport to 2050, and examines impacts on demand for batteries, materials, oil, electricity, infrastructure and emissions. million barrels of oil demand per day. —Aleksandra O’Donovan, head of electric vehicles at BloombergNEF.

Transportation 473

Transportation Emissions Fleet Economy 473

Green Car Congress

AUGUST 3, 2022

In the International Energy Agency’s (IEA) June 2022 Oil Market Report, the IEA expects net global refining capacity to expand by 1.0 The Shenghong Petrochemical facility in Lianyungang has an estimated capacity of 320,000 b/d, and they report that trial crude oil-processing operations began in May 2022. million b/d in 2023.

Asia 418

Asia Saudi Arabia Kuwait Oman 418

Green Car Congress

DECEMBER 17, 2020

For 2021, Toyota has fully rebooted the Mirai, originally offered in 2016, as a premium rear-wheel drive sports-luxury fuel cell electric vehicle (FCEV) with striking design, cutting-edge technology, more engaging driving performance and a significantly longer EPA-estimated range rating.

Toyota 448

Toyota Design Electric Vehicles Fuel 448

Green Car Congress

JUNE 15, 2021

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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Maintenance Cost Of Chad Plug-in 418

Green Car Congress

FEBRUARY 15, 2013

The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6% per year over a 10-year period. Rebate program.

Industrial 259

Industrial Industry Price Fuel 259

Green Car Congress

JULY 21, 2022

Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6

Global 448

Global China Kuwait Oman 448

Green Car Congress

JANUARY 3, 2014

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

Estonia 236

Estonia Oil Cleaner Jordan 236

Green Car Congress

FEBRUARY 10, 2015

Algal fuels producer Algenol has closed on a $25-million dollar investment from BioFields, a Mexican business group devoted to the development of renewable and clean energy projects. Founded in 2006, Algenol converts CO 2 from industrial emitters into transportation fuels through its Direct-To-Ethanol process.

Financing 150

Financing International Florida India 150

Green Car Congress

AUGUST 20, 2011

a developer of technology for the production of advanced biofuels and biochemicals from biomass and waste materials, announced a first close of its Series D round of financing. Coskata Inc., After this first close to the round, Coskata plans a final close of the transaction in Q4 of 2011.

Financing 199

Financing Pennsylvania General Motors 2011 199

Green Car Congress

JUNE 1, 2011

A subsidiary of Valero Energy Corporation will provide financing to Diamond Green Diesel LLC, a previously announced joint venture project between Darling International and Valero Energy Corporation ( earlier post ), for the construction of its renewable diesel facility in Norco, Louisiana.

Financing 186

Financing Renewable Diesel Louisiana 186

Green Car Congress

SEPTEMBER 18, 2022

Woodside Energy; Japan Oil, Gas and Metals National Corporation (JOGMEC); Marubeni Corporation; Hokuriku Electric Power Company; The Kansai Electric Power Co.; Ammonia does not emit carbon dioxide during combustion and is considered a promising next-generation lower-emission fuel for energy-intensive thermal power plants and marine engines.

Australia 195

Australia Japan Supplies Emissions 195

Green Car Congress

OCTOBER 5, 2022

This green hydrogen can be used as fuel for fuel cells and hydrogen engines, to produce industrial feedstock and to produce sustainable e-fuels for marine, aviation, agriculture, mining and data center power. With more than 4.2

Power 186

Power Powered Hydrogen South America 186

Green Car Congress

JUNE 17, 2021

The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. The renewable jet and diesel produced at the Riverbank plant will supply the aviation and trucking industries with low carbon, low emission, renewable fuel.

Renewable 186

Renewable Diesel Engine Production 186

Green Car Congress

AUGUST 13, 2015

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. The Saudis obviously miscalculated the degree to which their shift would negatively impact oil prices.

Saudi Arabia 150

Saudi Arabia Oil Iraq Iran 150

Green Car Congress

MARCH 19, 2014

In its Form 10-K (annual report) filed with the SEC on 17 March, cellulosic renewable fuels company KiOR said it has “ substantial doubts about [its] ability to continue as a going concern ”. Other than that commitment, however, Kior said it has no other near-term sources of financing. Earlier post.). —KiOR 10-K.

Columbus 225

Columbus Companies Mississippi Fuel 225

Green Car Congress

APRIL 17, 2017

US-based biotech startup Amfora and CSIRO (Commonwealth Scientific and Industrial Research Organisation, the federal government agency for scientific research in Australia) signed an agreement to advance development and commercialization of technology to produce oil in the leaves and stems of plants as well as the seeds. Source: CSIRO.

Oil 170

Oil Production San Francisco Green 170

Green Car Congress

AUGUST 1, 2013

Neste Oil is part of a fleet demonstration program of a new blend of diesel fuel in Coburg, Germany. The aim of the program is to introduce to the market a fuel with a significantly higher proportion of renewable content than current diesel blends. —Kaisa Hietala, Neste Oil’s Vice President, Renewable Fuels.

Diesel 186

Diesel Oil Renewable Commercial 186

Green Car Congress

AUGUST 9, 2010

a renewable oil production and algal biotechnology company, announced that it has raised $52 million in its Series D financing round. Solazyme uses microbial fermentation to produce renewable oil that can be used for clean and scalable fuels, chemicals, nutritional food ingredients and health and wellness products.

Financing 170

Financing Chevron Oil Renewable 170