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ExxonMobil to acquire CCS solutions company Denbury for $4.9B

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an experienced developer of carbon capture, utilization and storage (CCS) solutions and enhanced oil recovery. Acquiring Denbury reflects our determination to profitably grow our Low Carbon Solutions business by serving a range of hard-to-decarbonize industries with a comprehensive carbon capture and sequestration offering.

Companies 195
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Oleo-X launches merchant pretreatment facility for renewable diesel and sustainable aviation fuel feedstocks

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Located in Pascagoula, Mississippi, Oleo-X’s facility has the potential capacity to produce up to 300 million gallons per year of premium feedstock. The purity of the feed reduces the revamp cost of converting existing conventional refining units to process renewable feedstock, while also lowering carbon intensity.

Renewable 199
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DOE Makes First Awards from $1.4B for Industrial Carbon Capture and Storage Projects

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billion from the American Recovery and Reinvestment Act for the capture carbon dioxide from industrial sources for storage or beneficial use. Secretary Chu on Carbon Capture. Noting that coal accounts for roughly 25% of the world energy supply and 40% of the carbon emissions. million in Recovery Act funding and $22.5

Carbon 210
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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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Williston Basin (Montana, North Dakota and South Dakota): University of North Dakota plans to lead a coalition to drive the expansion and transformation of coal and coal-based resource usage within the Williston Basin to extract rare earth elements and critical minerals and produce non-fuel carbon-based products. DOE Funding: $1,204,129.

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NSF announces $55M toward national research priorities; intersection of food, energy and water systems

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The team, which includes researchers from Montana, Wyoming and South Dakota, seeks to identify a framework of carbon mitigation strategies that would minimize conflicts with food security and clean energy production priorities. University of Southern Mississippi. Jason Azoulay.

Water 150
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Dynamic Fuels and Mansfield to supply Norfolk Southern with renewable diesel; first fleet user of renewable diesel in US

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Dynamic Fuels, LLC and Mansfield Oil Company have signed an agreement to supply renewable diesel to Norfolk Southern Corporation, one of the US’ largest transporters of coal and industrial products. Norfolk Southern has been at the forefront of the railroad industry in evaluating synthetic and renewable diesel fuels for many years.

Renewable 210
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15 Air Carriers Sign Non-Binding MOUs on Synthetic Jet Fuel Purchases with Two Providers: AltAir and RenTech

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The MOU with AltAir contemplates the production and purchase of up to 750 million gallons of jet fuel and diesel fuel over 10 years (75 million gallons per year) derived from camelina oil. Our intention as an airline industry is to continue to do our part by supporting the use of alternative fuels. Earlier post.).

Purchase 225