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Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

Green Car Congress

Canada-based Carbon Engineering Ltd. (CE) CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. since 2015.

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Saudi Aramco joins Rice University’s Carbon Hub; coproduction of hydrogen and advanced carbon materials from hydrocarbons

Green Car Congress

The Saudi Arabian Oil Co. Aramco) has joined Carbon Hub, a research initiative led by Rice University to develop sustainable uses of hydrocarbons. Launched in 2019, Carbon Hub supports a zero-emissions future where clean hydrogen energy and advanced carbon materials are coproduced efficiently and sustainably from hydrocarbons.

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Indian Oil signs MOU with LanzaJet on sustainable aviation fuel production in India

Green Car Congress

Indian Oil Corporation, India’s leading energy major, has entered into a memorandum of understanding (MOU) with LanzaJet to explore the development of sustainable aviation fuel (SAF) production in India. IndianOil is adopting mitigation efforts such as sustainable fuel alternatives to advance the country’s clean energy goals.

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Cohort of new stakeholders joins Open Hydrogen Initiative

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Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4

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Westinghouse, Bloom Energy to accelerate large-scale hydrogen production in nuclear industry; high-temperature integrated electrolysis

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Westinghouse Electric Company and Bloom Energy Corporation have entered into a Letter of Intent to pursue clean hydrogen production in the commercial nuclear power market. The companies are teaming to identify and implement clean hydrogen projects across the nuclear industry.

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Hyundai Motor Group, Aramco and KAUST collaborate on new e-fuel for novel combustion system

Green Car Congress

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.

Hyundai 448
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Indian Oil ropes in Panasonic for manufacturing cylindrical lithium-ion cells in India – ET Auto

Baua Electric

Indian Oil also stated that it is aiming to achieve its net-zero operational emissions target by 2046, aligning with the country’s goal to achieve carbon neutrality for the country by 2070. New Delhi: Indian Oil Corporation Limited and Japan’s Panasonic Energy Co.