Remove 2009 Remove Commercial Remove Corporation Remove Oil
article thumbnail

Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

Green Car Congress

(CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. since 2015.

Chevron 351
article thumbnail

KLM launching regular commercial flights Amsterdam – Paris on biofuel blend in September; Dynamic Fuels producing the bio-kerosene (HRJ) from used cooking oil

Green Car Congress

Dynamic Fuels will use Syntroleum’s Bio-Synfining process to hydrotreat the used cooking oil to produce renewable jet. The biofuel will be produced from used cooking oil by Dynamic Fuels at its Geismar plant and supplied by SkyNRG, the consortium launched by KLM and North Sea Group and Spring Associates in 2009.

Oil 239
article thumbnail

Osum Oil Sands closes $500M private placement; new investors include government of Singapore

Green Car Congress

Canada-based Osum Oil Sands Corp. The new shareholder group was led by KERN Partners and included Government of Singapore Investment Corporation (GIC) and two large Canadian institutional investors, while existing major shareholders Warburg Pincus LLC and Blackstone Capital Partners participated for a significant portion of the financing.

Oil-Sands 210
article thumbnail

Sustainable Development Canada Awards C$6M to Project to Reduce Water and Energy Consumption for Oil Sands Processing; Three Other Projects Supported to Reduce Energy and Environmental Impact of Oil Sands

Green Car Congress

million) to the Petroleum Technology Research Centre ( PTRC ) in Regina, Saskatchewan and StatoilHydro Canada for a project to reduce water use and carbon dioxide (CO 2 ) emissions for in situ oil sands recovery by steam-assisted gravity drainage (SAGD). The production well extracts the bitumen to surface heavy oil production facilities.

Oil-Sands 218
article thumbnail

KLM and Costa Rica partner on aviation biofuels

Green Car Congress

In 2009, KLM operated its first flight using biofuel, with observers on board. In 2010, KLM became the world’s first airline to operate a commercial flight using sustainable biofuel. KLM founded SkyNRG and initiated the KLM Corporate BioFuel Program to stimulate the demand for sustainable biofuel.

article thumbnail

MEG Energy moving ahead with 35,000 barrels per day oil sands expansion; $1.4B estimated total cost

Green Car Congress

Canada-based MEG Energy’s board of directors has approved 2011 capital investment of approximately $900 million and the final cost estimate for the 35,000 barrels per day Phase 2B oil sands expansion at the Christina Lake in-situ project. identify additional resource on MEG’s 800 square miles of 100%-owned oil sands leases.

Oil-Sands 186
article thumbnail

Coskata Unveils Semi-Commercial Feedstock-Flexible Ethanol Facility; Springboard for Full-Scale Commercial Rollout

Green Car Congress

Coskata’s semi-commercial facility in Madison, Pa. a syngas to ethanol company, officially launched its semi-commercial “Flexethanol” facility located in Madison, PA. gallons of water are required to produce one gallon of gasoline from Saudi Arabian Conventional Oil. Click to enlarge. Coskata Inc., On average, approximately 3.0