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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.

Oil 418
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Total begins producing sustainable aviation fuel in France

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Total has begun producing sustainable aviation fuel (SAF) at its La Mède biorefinery in southern France and its Oudalle facility near Le Havre. The biojet fuel, made from used cooking oil, will be delivered to French airports starting in April 2021. Total will not use vegetable oils as feedstock.

France 431
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Arkema launches new renewable PVDF range from crude tall oil for Li-ion batteries

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These new grades will claim 100% renewable attributed carbon derived from crude tall oil (CTO) bio-feedstock, according to a mass-balance approach. CO 2 /kg, according to the ISO14040 standard) while reducing dependence on upstream crude oil consumption. Arkema has launched its new sustainable Kynar PVDF range.

Li-ion 186
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Infinium enters strategic alliance with Denbury for ultra-low-carbon electrofuels projects in Texas

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Electrofuels innovator Infinium ( earlier post ) has entered into a strategic alliance with US independent energy company Denbury to collaborate on developing ultra-low carbon electrofuels projects in the state of Texas. MMBOE of estimated proved oil and natural gas reserves as of 31 December 2020, of which 98% is oil.

Carbon 273
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Nuseed secures commercial offtake agreement for carinata with leading biodiesel producer Saipol

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Nuseed Limited, a wholly-owned subsidiary of Nufarm Limited, has executed a commercial off-take agreement with Saipol, the largest biodiesel producer in Europe, to supply Nuseed Carinata as a feedstock for certified low-carbon oil for renewable fuels and high protein non-GMO meal for livestock feed.

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Daimler Truck and TotalEnergies partner to develop hydrogen ecosystem for transportation in Europe

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Daimler Truck AG and TotalEnergies signed an agreement on their joint commitment to the de-carbonization of the road freight in the European Union. In particular, TotalEnergies has the ambition by 2030 to operate directly or indirectly up to 150 hydrogen refueling stations in Germany, the Netherlands, Belgium, Luxemburg and France.

Hydrogen 393
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Aemetis, American Airlines sign $1.1B 280M gallon offtake agreement for sustainable aviation fuel blend

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a renewable fuels company focused on negative carbon intensity products, has an offtake agreement with American Airlines for 280 million gallons of blended fuel containing sustainable aviation fuel (“SAF”) to be delivered over the 7-year term of the agreement. Aemetis, Inc., billion, including LCFS, RFS, 45Q and tax credits.