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Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The Refining & Marketing business is to become a leading European provider of sustainable fuels, feedstock, and mobility solutions. Refining & Marketing.
After examining electric-driven solutions to the carbon and emissions footprint of Argent’s fleet, it became clear the best fit would be low-carbon, sustainable, bio-based renewable diesel fuel, primarily due to the rugged duty cycles of its trucks and equipment. Western States Oil, headquartered in San Jose, Calif.,
Aker Solutions has signed a contract with Nordic Blue Crude (NBC) for front-end engineering and design (FEED) of a new e-Fuel facility at Herøya in Porsgrunn, Norway. The e-Fuel plant is planned to produce CO 2 -neutral fuel by using green hydrogen and furnace gas from an existing factory.
Saudi Aramco and Air Products signed an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi Arabia. Saudi Aramco and Air Products will establish a pilot fleet of fuel cell vehicles for which high-purity compressed hydrogen will be dispensed at the new fueling station.
Petroleum remains a major fuel for nonmanufacturing industries such as agriculture, construction, and mining, as well as for refining processes. EIA projects that through the mid-2020s, the bulk chemicals industry will build facilities that use natural gas and HGL feedstocks to produce chemicals. Source: U.S.
Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are collaborating to enable the supply of Neste MY Sustainable Aviation Fuel into France. Neste is committed to contribute significantly as we are increasing our global SAF production capacity to 1.5
Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.
Royal Dutch Shell will build an 820,000-tonnes-a-year biofuels facility at the Shell Energy and Chemicals Park Rotterdam, the Netherlands, formerly known as the Pernis refinery. Once built, the facility will be among the largest in Europe to produce sustainable aviation fuel (SAF) and renewable diesel made from waste.
Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. In 2002, Suncor partnered with Enbridge to build one of the first renewable.
Johnson Matthey has launched HyCOgen, a technologyt designed to play a pivotal role in enabling the conversion of captured carbon dioxide (CO 2 ) and green hydrogen into sustainable aviation fuel (SAF).
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.
Texas-based fuel company Nacero ( earlier post ) will build its second low- and zero-carbon fuels plant in Newport Township, Pennsylvania. Nacero Blue will be cost-competitive with traditional gasoline and can reduce the lifecycle carbon footprint of a car or truck’s fuel in half.
In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI). million b/d in 2022.
Jiangnan Shipyard, owned by China State Shipbuilding Corp (CSSC), has ordered an LPG (liquefied propane gas)-burning MAN B&W 6G60ME-LGIP engine in connection with the building of an 86,000-m 3 VLGC (Very Large Gas Carrier) for Tianjin Southwest Maritime (TSM), the Chinese shipping company. LGIP engine.
Phillips 66, a diversified energy manufacturing and logistics company, plans to reconfigure its San Francisco Refinery in Rodeo, California, to produce renewable fuels. The plant would no longer produce fuels from crude oil, but instead would make fuels from used cooking oil, fats, greases and soybean oils.
The Hydrogen Heavy Duty Vehicle Industry Group—comprising Air Liquide, Hyundai, Nel Hydrogen, Nikola Corporation, Shell and Toyota—has signed agreements with Tatsuno Corporation and Transfer Oil S.p.A. to industrialize globally-standard 70 MPa hydrogen heavy-duty vehicle high-flow (H70HF) fueling hardware components.
LG Chem and Korean biodiesel producer and exporter Dansuk Industrial will form a joint venture to build Korea’s first next-generation hydro-treated vegetable oil (HVO) plant. HVO is a next-generation bio-oil produced through hydro-treatment of vegetable raw materials such as waste cooking oil and palm by-products.
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. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.
Solid-oxide fuel-cell manufacturer Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, have signed a joint development agreement (JDA) to design and to develop fuel cell-powered ships. SHI LNG carrier. SHI LNG carrier. —Haeki Jang, vice president of shipbuilding & drilling sales engineering at SHI.
A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” —Fuel Cell and Hydrogen Energy Association (FCHEA) President Morry Markowitz. Demand potential across sectors, base and ambitious cases.
Upon completion of the project, Kinder Morgan’s Harvey, Louisiana facility will serve as the primary hub where Neste will store a variety of raw materials including, for example, the used cooking oil it collects from more than 40,000 restaurants across the United States. —Jeremy Baines, President of Neste US.
ECB Group Paraguay and Shell Trading (US) Company signed a multi-year contract that will provide more than 500 million liters (130 million gallons US) of renewable diesel and renewable jet fuel per year to Shell, one of the world’s largest energy companies. The contract is expected to run from 2024.
KLM Royal Dutch Airlines has committed itself for a 10-year period to the development and purchase of 75,000 tonnes of sustainable aviation fuel a year. KLM is the first airline in the world to invest in sustainable aviation fuel on this scale. However, not enough sustainable kerosene is currently being produced.
By 2035, hydrogen could provide much deeper decarbonization when used in conjunction with existing airport and aircraft infrastructure, and could then support a complete transition from conventional jet fuel around 2050. Electrofuels are drop-in fuels produced from hydrogen that has been derived from electrolysis and captured CO 2.
Benzene, an aromatic hydrocarbon, is a natural component of crude oil and is one of the elementary petrochemicals. In view of the finite nature of petrochemical sources and the environmental impact of fossil fuel recovery, schemes that provide access to aromatics from renewable sources are desirable in the long term.
Biomass technology group BTG plans to set up a new high-tech technology company that can convert crude pyrolysis oil into diesel fuel suitable for the shipping sector. It will be the first refinery in the world for an advanced marine biofuel based on pyrolysis oil.
Goodyear’s new tire features three different carbon blacks that are produced from methane, carbon dioxide, and plant-based oil. The use of soybean oil in tires is a significant Goodyear innovation that helps keep a tire’s rubber compound pliable in changing temperatures.
Researchers at the Karlsruhe Institute of Technology (KIT) and the University of Toronto have proposed a method enabling air conditioning and ventilation systems to produce synthetic fuels from CO 2 and water from the ambient air. The team presents this “crowd oil” concept in Nature Communications. —Professor Dittmeyer.
He also continued his calls for the oil industry to increase refinery capacity to increase production. Crude oil is always the top contributor to the prices US drivers see at the pump. About half of US refinery shutdowns are conversions to renewable fuel production. State gas taxes average another 30 cents per gallon.
E-fuels offer a way to expand the carbon-neutral transport fuel pool beyond biomass-based renewable fuels to replace fossil fuels in existing internal combustion engines. The end product is a transportation fuel suited for aircraft, ships as well as heavy and light road vehicles.
In their proposed Lingen Green Hydrogen project, the two firms intend to build an initial 50 ?megawatt The project is also intended to support a longer-term ambition to build more than 500MW of ?renewable-powered synthetic fuel production. a day), producing fuels, heating oil and chemical feedstocks. west Germany.
As outlined in its current Short-Term Energy Outlook , the US Energy Information Administration (EIA) estimates that global consumption of petroleum and liquid fuels averaged 92.3 EIA expects that global liquid fuels consumption will grow by 5.3 In the EIA forecast, global consumption of liquid fuels rises by an additional 3.7
LGIM dual-fuel main engines in connection with the construction of 6 × 17,000 teu container vessels for A.P. Hyundai’s engine machinery division (HHI-EMD) will build the engines in Korea, which will be capable of running on green methanol. Projected fuel adoption within two-stroke dual-fuel engines. —Thomas S.
People from Chevron and Toyota will be driving Toyota’s Tundra, RAV4 and Camry on this road trip with the objective of demonstrating the fuel, which is more than 40% less carbon intensive than traditional gasoline on a lifecycle basis, according to Chevron. The road trip will run from Mississippi through Louisiana before concluding in Texas.
The California Energy Commission approved an $8-million grant to Equilon Enterprises—a fully owned subsidiary of Shell Oil—to develop a high-capacity hydrogen fueling station to service and promote the expansion of zero-emission fuel cell electric Class 8 drayage trucks at the Port of Long Beach.
billion liters or 333 million gallons US) of Neste MY Sustainable Aviation Fuel™ over a period of 8 years starting in 2023. Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80% over the fuel’s life cycle compared to using fossil jet fuel.
is planning to build a 3,000 barrels per day (bpd) renewable fuel plant (Refuel YYZ) in Southern Ontario. Refuel YYZ will produce renewable diesel (RD), sustainable aviation fuel (SAF), and renewable hydrogen for the domestic market. Refuel Energy Inc. Refuel expects to make a final investment decision in 2023.
Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6
In a consensus statement , the group addresses key principles that must guide the growth of a European sustainable aviation fuel (SAF) industry as well as the market uptake for SAF in aviation in general to provide real and durable reductions in the environmental impacts of aviation.
KOTUG Canada selected Türkiye’s Sanmar Shipyards to build two RAsalvor 4400-DFM dual fuel methanol escort tugs—Robert Allan Ltd. Similarly, for almost thirty years, Sanmar Shipyards has been building industry leading high-quality tugs for Robert Allan Ltd. The relationship between Vancouver, BC-based Robert Allan Ltd.
In 2009, EMRE launched what it calls a “significant” new program to research and develop advanced biofuels from photosynthetic algae that are compatible with today’s gasoline and diesel fuels. In this next phase of the program, we intend to broaden participation and invite others to build the ecosystem required for full-scale deployment.
Doosan Fuel Cell Co., Ltd has signed a Memorandum of Understanding for the joint development of a solid oxide fuel cell (SOFC) system for marine propulsion and power generation with Navig8, a Singapore-based major shipping company which operates 140 chemical and oil tankers globally. Earlier post.).
Together, the two companies will build a production facility in Shaanxi Fupin in China to produce methanol synthesis catalysts. Forming of the joint venture and building of the catalysts facility will be the first step of a long-term strategic cooperation between Topsoe and Yanchang.
Neste’s renewable hydrocarbons are produced entirely from traceable, bio-based raw materials, such as waste and residue oils and fats, providing a high-quality, more sustainable alternative to fossil feedstock.
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