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ExxonMobil starts up $2B Beaumont refinery expansion, adding 250k barrels per day capacity

Green Car Congress

The BLADE (Beaumont Light Atmospheric Distillation Expansion) project built a third crude unit within the facility’s existing footprint to expand light crude oil refining. This expansion is the equivalent of a medium-sized refinery and is a key part of our plans to provide society with reliable, affordable energy products.

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Yara Clean Ammonia and Bunker Holding to develop the market for ammonia as a shipping fuel

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This agreement connects two key elements of the supply chain needed to achieve the use of clean ammonia as a shipping fuel—a global supplier of clean ammonia and the largest bunker supplier today in terms of end users. Revenues and EBITDA for the full year 2022 were US$4.422 billion and US$249 million respectively.

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Ford outlines China expansion strategy; SUVs, EVs and connected vehicles; 50+ new Fords and Lincolns by 2025

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In Shanghai, Ford Motor Executive Chairman Bill Ford and CEO Jim Hackett outlined the next phase of the company’s China expansion strategy, focused on SUVs, electric and connected vehicles, a streamlined business structure and closer connections to Chinese customers. —Jason Luo, chairman and CEO, Ford China.

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Lux: Total is leading example of oil supermajor expanding into solar plus storage and distributed generation

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France-based Total is the first oil supermajor aggressively to enter new areas of business including solar plus storage and distributed generation, notes Lux Research in a new report : “Superpower Darwinism: What Big Oil Can and Cannot Do About Total’s Billion-Dollar Battery Move.”. Asia challenges loom for battery acquirers.

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Suburban Propane Partners taking 39% stake in DME producer Oberon Fuels; rDME/propane blends

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a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, is purchasing a 39% stake in Oberon Fuels, a San Diego, CA-based development-stage producer of low-carbon, renewable dimethyl ether (rDME) transportation fuel. Suburban Propane Partners, L.P.,

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KU Leuven team creates solar panel that produces hydrogen from moisture in air

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Today, most hydrogen gas is produced using oil and gas.—Grey It is not connected to the gas grid. One family would need about 4 cubic meters of storage—the size of a regular oil tank. We wanted to design something sustainable that is affordable and can be used practically anywhere.

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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. Andalusia has world-class port infrastructure, connected to the main ports of Europe and the world.

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