Remove 2013 Remove Companies Remove Gas Remove Oil
article thumbnail

bp acquires 30% stake in Green Biofuels, UK’s largest provider of hydrogenated vegetable oil fuels

Green Car Congress

bp has acquired a 30% stake in Green Biofuels Ltd (GBF), the UK’s largest provider of hydrogenated vegetable oil (HVO). GBF’s products are made from renewable feedstocks such as vegetable oils, animal oils and fat. It is fully compatible with gas oil and significantly cleaner than EN590 (automotive diesel fuel).

Oil 195
article thumbnail

DOI: latest Gulf of Mexico oil & gas lease sales garner $872M in high bids

Green Car Congress

Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. A total of 50 offshore energy companies participated in submitting 380 bids. billion in bid revenues.

Mexico 268
article thumbnail

BP to acquire unconventional US onshore assets from BHP for $10.5B; transforming US onshore oil & gas business

Green Car Congress

BP has agreed to acquire a portfolio of world-class unconventional oil and gas assets from BHP. The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana. billion boe.

Oil 150
article thumbnail

Nearly 20% of intact tropical forest landscapes overlap with extractive industries

Green Car Congress

A new study from WCS (Wildlife Conservation Society) and WWF finds that nearly 20% of tropical Intact Forest Landscapes (IFLs) overlap with concessions for extractive industries such as mining, oil and gas. According to 2013 estimates, 549 million acres of intact tropical forests remain. Grantham et al.

article thumbnail

Neste Oil de-emphasizing microbial oil R&D for renewable diesel; seeking other uses for cellulosic biomass

Green Car Congress

Despite the decision to de-emphasize microbial oil, Neste Oil emphasized that cellulosic waste will continue to play an important role in its research strategy, adding that it remains committed to its goal of further extending its feedstock base and making greater use of waste and residues in this area in particular.

Oil 310
article thumbnail

National Academies’ Gulf Research Program awards $10.8M to address systemic risk in offshore oil and gas operations

Green Car Congress

million to six new projects to develop new technologies, processes, or procedures that could result in improved understanding and management of systemic risk in offshore oil and gas operations. The project focuses on gaps in understanding about the behavior of riser gas under high temperature and pressure.

Oil 150
article thumbnail

Neste-led project verified 50% methane emission reduction at palm oil mills using belt filter press

Green Car Congress

Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. Increased pressure is created as the belt passes over rollers which decrease in diameter.

Oil 244