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Audi introduces R33 Blue Gasoline for factory fills in Germany

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Audi plants’ filling stations transitioned to R33 Blue Diesel ( earlier post ) last year; Audi has now introduced the gasoline counterpart, R33 Blue Gasoline. R33 Blue Gasoline ( earlier post ) now replaces conventional E10 gasoline. The renewable portion of the gasoline consists of 10% fuel oxygenates—e.g.,

Gasoline 492
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Neste studying transitioning Porvoo refinery to a renewable & circular site; ending crude oil refining in mid-2030s

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Building on its capability of proactive transformation, Neste has initiated a strategic study on transitioning its refinery in Porvoo, Finland to non-crude oil refining and into a globally leading renewable and circular solutions site. The refining capacity of crude oil is approximately 10.5 Porvoo refinery. million ton/a.

Oil 259
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ExxonMobil: diesel will surpass gasoline as the number one global transportation fuel by 2020

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Transportation fuel mix in millions of oil-equivalent barrels through 2020. Diesel will surpass gasoline as the number one transportation fuel worldwide by 2020 and continue to increase its share through 2040, according to ExxonMobil’s recently published Outlook For Energy: A View To 2040. Mix of the global vehicle fleet.

Gasoline 383
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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

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President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also continued his calls for the oil industry to increase refinery capacity to increase production.

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Topsoe enters agreement with Steeper Energy to introduce complete waste-to-biofuel solution

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Topsoe and Steeper Energy , a developer of biomass conversion technologies, signed a global licensing agreement for a complete waste-to-fuel solution. The process conditions are carefully chosen to promote reaction pathways that favor high yields of high-quality renewable oil.

Waste 293
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Acelen to invest $2.44 billion over 10 years to produce renewable diesel and SAF in Brazil

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billion) over the next 10 years in the production of renewable diesel and sustainable aviation fuel (SAF) through the hydrotreatment of vegetable oils and animal fat. Mubadala Capital is the asset management subsidiary of Mubadala Investment Company, a leading global sovereign investor headquartered in Abu Dhabi.

Brazil 296
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Ricardo study suggests global oil demand may peak before 2020, falling to below 2010 levels by 2035

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Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. The world is nearing a paradigm shift in oil demand. Lindemer LLC.

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