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

Green Car Congress

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. Casterra’s high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy.

Oil 276
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ClassNK issues AiP for ammonia fuel supply system for oil tanker and container ship developed by Samsung Heavy

Green Car Congress

ClassNK has issued an Approval in Principle (AiP) for an ammonia fuel supply system for oil tanker and container ship developed by Samsung Heavy Industries (SHI). Ammonia is expected to be used as a ship fuel for decarbonization since it does not emit CO 2 when combusted. Approval in Principle (AiP).

Oil 150
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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. The government plans to invest an estimated $15 billion in alternative-fuel vehicles during the next 10 years. China Electric (Battery) Fuel Efficiency Oil Policy'

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bp and Maersk Tankers carry out successful trials of B30 in two tankers

Green Car Congress

Each vessel was supplied with bp Marine B30 biofuel, consisting of 30% fatty acid methyl esters (FAME) blended with very low sulfur fuel oil (VLSFO). FAME is a renewable alternative fuel (biodiesel) largely produced from recycled cooking oils and renewable oil sources.

Mariner 334
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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

Well-to-Propeller GHG emissions results for marine alternative fuels. DNV GL has released a position paper on the future alternative fuel mix for global shipping. The global merchant fleet currently consumes around 330 million tonnes of fuel annually, 80-85 per cent of which is residual fuel with high sulfur content.

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IEA: improving efficiency of road-freight transport critical to reduce oil-demand growth; three areas of focus

Green Car Congress

Improving the efficiency of road-freight transport is critical to reducing the growth in oil demand, carbon emissions and air pollution over the next decades, according to the International Energy Agency’s latest report, The Future of Trucks: Implications for energy and the environment. Modern Truck Scenario.

Oil 150
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Rio Tinto and bp to work together on one-year trial of B30 marine biofuel

Green Car Congress

The trial is using a bp-manufactured B30 biofuel blend composed of 30% fatty acid methyl esters (FAME) blended with very low sulfur fuel oil (VLSFO). This B30 biofuel blend can reduce lifecycle carbon dioxide emissions by up to 26% compared to standard marine fuel oil.

Mariner 273