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Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

Green Car Congress

an integrated castor cultivation solution company and a subsidiary of Evogene Ltd. signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. of the current world demand for non-fossil oil for biodiesel.

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

Green Car Congress

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. —John Hofmeister.

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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

Green Car Congress

Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Repeated investment activities on the same company were counted as multiple. Click to enlarge.

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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

Oberon Fuels is in the middle of upgrading its plant in Brawley, Calif. The company recently added nine full-time, family-wage jobs to the facility, which is located in Imperial Valley, a county with the highest unemployment rate in the state. from pilot to demonstration scale, due in part to a $2.9-million Oberon’s process.

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Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. In addition to Total Energy, many oil giants in transition are also eyeing the charging pile business.

Oil 98
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Alternative Fuel Technologies, Inc. Receives New Order for DME Feed Pumps From Shanghai Diesel Engine Company

Green Car Congress

Alternative Fuel Technologies, Inc. has built and delivered 12 dimethyl ether (DME) feed pumps to Shanghai Diesel Engine Company. These pumps will be used on DME fueled buses that will operate in Shanghai. Alternative Fuel Technologies, Inc. The value of this order is confidential.

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California Energy Commission awards nearly $2M to support alternative fuel production and vehicles

Green Car Congress

The California Energy Commission unanimously approved funding of $1,974,330 for the expansion and upgrade of a biodiesel production facility and buy-downs of alternative-fuel vehicles. The buy-down incentives help to pay the difference between alternative-fuel vehicles and conventional vehicles. Yokayo Biofuels, Inc.