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EIA expects US petroleum trade to shift toward net imports during 2022

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In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d in 2023. million b/d.

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Wärtsilä completes conversion of tanker Bit Viking from heavy fuel oil to to LNG

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Wärtsilä Corporation has completed the conversion of the 25,000 dwt product tanker Bit Viking from heavy fuel oil to liquefied natural gas (LNG) operation. The conversion enables the Bit Viking to qualify for lower nitrogen oxides (NO x ) emission taxes under the Norwegian NO x fund scheme. Click to enlarge.

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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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Mha (20%) of the peatlands of Peninsular Malaysia, Sumatra and Borneo in 2010, surpassing the area of Belgium and causing an annual carbon emission from peat decomposition of 230–310 Mt CO 2 e. Slightly more than half of the GHG emissions for these biofuels in the EPA’s analysis came from land use change. Earlier post.).

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Study concludes permanent loss of peatlands in open-pit oil sands mining adds significantly to carbon burden of oil sands production

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Researchers at the University of Alberta (Canada) have quantified the transformation of the boreal landscape by open-pit oil sands mining in Alberta, Canada to evaluate its effect on carbon storage and sequestration. t of CO 2 lost, as much as 7-y worth of mining and upgrading emissions at 2010 production levels. —Rooney et al.

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Former president of Shell Oil calls for aggressive action on alternative fuels to break oil monopoly on transportation

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John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. There will not be enough oil to stay on the path we’re on globally over the short- and medium-, let alone the long-term. We need a competitor for oil.

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Neste invests in Sunfire, developer of high-temperature electrolysis and Power-to-X solutions

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The company’s patented technology allows the production of renewable hydrogen as well as the direct conversion of water and CO 2 into raw material for petrochemical products. It enables the production of emission-free renewable hydrogen and conversion of CO 2 into fuels, chemicals and materials.

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Catalytic cracking of vegetable oil sludge to produce biohydrocarbons

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Researchers in Viet Nam and Belgium have developed a catalytic cracking process to convert vegetable oil sludge to renewable hydrocarbon fractions. Vegetable oil sludge is a major byproduct of vegetable oil factories, and consists of triglycerides (61%), free fatty acid (37%) and impurities (2%). 2010.10.060.

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