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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com.

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Volvo Cars switches to biodiesel for ocean freight; cutting fossil CO2 emissions by 84%

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From now on, most of these seafaring journeys are made with renewable fuel instead of traditional fossil fuel. Due to the renewable fuel, CO 2 emissions are reduced by at least 84% (Well-to-Wake, WTW) compared to fossil fuel. No feedstock related to palm oil or palm oil production is used.

Volvo 370
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Bosch, Shell, and Volkswagen develop renewable gasoline with 20% lower CO2; rollout of Blue Gasoline this year

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Following on the introduction of R33 Blue Diesel ( earlier post ), Bosch, Shell, and Volkswagen have now developed a low-carbon gasoline. The new fuel, called Blue Gasoline, similarly contains up to 33% renewables, ensuring a well-to-wheel reduction in carbon emissions of at least 20% per kilometer driven. Every bit of CO?

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BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

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BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. —Greg Smithies, Partner, BMW i Ventures. to C 2 fuel products such as ethanol.

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Neste Oil to recover CO2 at its renewable diesel refinery in Singapore

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Neste Oil Singapore Pte Ltd and National Oxygen Pte Ltd (NOX), one of the one of the largest industrial gas manufacturers in Singapore, have signed an agreement to install a carbon dioxide recovery and liquefaction plant at Neste Oil’s renewable diesel (NExBTL) refinery in Singapore.

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Mercedes-AMG PETRONAS Formula One Team trial of HVO100 for European land freight reduces CO2 emissions by 89%

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Hydrotreated Vegetable Oil (HVO 100) fuel is a 100% renewable fossil fuel free product derived from vegetable oils, waste oils and fats. The Mercedes-AMG PETRONAS F1 Team recently concluded a trial in the use of biofuels in 16 Mercedes Actros Gigaspace race trucks for the final three races of the European season.

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Soletair demo plant produces renewable hydrocarbon fuel from CO2 captured from the air

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VTT Technical Research Centre of Finland and Lappeenranta University of Technology (LUT) are beginning testing of the Soletair demo plant, which uses air-captured carbon dioxide to produce renewable fuels and chemicals. Phase 1: Renewable energy. Direct air capture (DAC) is the carbon source of the SOLETAIR project.

Renewable 244