article thumbnail

Twelve and Alaska Airlines to collaborate with Microsoft to advance sustainable aviation fuel derived from recaptured CO2 and renewable energy

Green Car Congress

Through the first-of-its-kind agreement, Twelve, Alaska, and Microsoft will work to advance production and use of Twelve’s E-Jet, a low-carbon jet fuel produced by a power-to-liquids process leveraging the company’s carbon transformation technology. SAF is a core part of Alaska’s five-part pathway to net zero by 2040.

Alaska 221
article thumbnail

Alaska Air Group collaborating with ZeroAvia to develop hydrogen powertrain for 76-seat zero-emission aircraft

Green Car Congress

ZeroAvia announced a development collaboration with Alaska Air Group, the parent company of Alaska Airlines, for a hydrogen-electric powertrain capable of flying 76-seat regional aircraft in excess of 500 NM. Working to advance novel propulsion is one of the five parts of Alaska’s strategy to achieve net zero.

Alaska 243
article thumbnail

BP to sell Alaska business to Hilcorp for $5.6B

Green Car Congress

BP has agreed to sell its entire business in Alaska to Hilcorp Alaska, based in Anchorage, Alaska. The sale will include BP’s entire upstream and midstream business in the state, including BP Exploration (Alaska) Inc., that owns all of BP’s upstream oil and gas interests in Alaska, and BP Pipelines (Alaska) Inc.’s

Alaska 207
article thumbnail

Linc Energy acquires more UCG coal exploration acreage in Alaska

Green Car Congress

Linc Energy Ltd has acquired the grant of 181,414 acres of Underground Coal Gasification (UCG) coal exploration licences in Alaska from the Alaska Mental Health Trust Authority following a competitive bidding process. The gaining of this acreage marks Linc Energy’s entry into stage two of its Alaska plan.

Alaska 210
article thumbnail

Alaska Governor proposes $355M financial package for LNG plant on North Slope

Green Car Congress

Alaska Governor Sean Parnell proposed a $355-million financial package for construction of a natural gas liquefaction plant on Alaska’s North Slope and a Fairbanks-area natural gas distribution system through the private sector, and an area-wide utility. The target for first delivery is the latter part of 2015. —Gov.

Alaska 268
article thumbnail

IHS Markit: Alaska North Slope a super basin ready for resurgence; production to grow 40% in 8 years

Green Car Congress

Based on recent discoveries, the IHS Markit Plays and Basins: Alaska North Slope (ANS) Basin; Resurgence in an Arrested, Late-emerging Super Basin analysis estimates that the ANS Basin offers 38 billion barrels of oil equivalent (BOE) in remaining recoverable resources (50 trillion cubic feet (TCF) of gas, and 28 billion barrels of oil).

Alaska 170
article thumbnail

EIA: State tax rates for retail gasoline and diesel increased in 13 states in 2023

Green Car Congress

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.

Tax 273