Carbon, International and Oil

Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

Green Car Congress

NOVEMBER 4, 2021

New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

Oil

Oil Carbon Global Market

Improved liquid hydrogen-powered Corolla and GR86 (carbon-neutral fuel) to participate in Super Taikyu at Autopolis

Green Car Congress

JULY 29, 2023

The hydrogen-powered Corolla, mobile liquid hydrogen stations, and carbon neutral fuel have evolved in the two months since the Round 2 NAPAC Fuji SUPER TEC 24 Hours Race from 26-28 May. Carbon-neutral fuel. This reduces engine oil dilution and improves reliability and exhaust performance by reducing the burden on the engine.

Hydrogen

Hydrogen Carbon Fuel Power

S&P Global: increasing trade of low-carbon biofuel feedstocks heightens supply constraint concerns

Green Car Congress

JUNE 8, 2023

Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group.

Carbon

Carbon Supplies Global North America

Strategic Biofuels successfully tests carbon capture and storage for renewable diesel plant

Green Car Congress

AUGUST 15, 2021

Strategic Biofuels announced that its Carbon Capture and Sequestration (CCS) Test Well Program was successfully completed at the company’s Louisiana Green Fuels Project (LGF) in Caldwell Parish, Louisiana. Deep carbon negativity greatly increases the potential carbon credit revenues from our fuel and vastly improves the project’s returns.

Renewable

Renewable Carbon Diesel Louisiana

Occidental to acquire direct air capture technology company Carbon Engineering for $1.1B

Green Car Congress

AUGUST 17, 2023

Occidental announced that a wholly owned subsidiary— 1PointFive —has entered into a definitive purchase agreement to acquire all the outstanding equity of Carbon Engineering Ltd. (CE) Occidental has been working with Carbon Engineering on direct air capture (DAC) deployment since 2019. Earlier post.) Earlier post.)

Carbon

Carbon Engine Companies Texas

International Maritime Organization (IMO) adopts revised strategy to reduce GHG emissions from international shipping.

Green Car Congress

JULY 13, 2023

Member States of the International Maritime Organization (IMO), meeting at the Marine Environment Protection Committee (MEPC 80) earlier this month, adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships. The Marine Environment Protection Committee (MEPC) addresses environmental issues under IMO’s remit.

International

International Emissions Mariner 2008

Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

Green Car Congress

AUGUST 20, 2019

Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. Proton Technologies is commercializing the process.

Oil-Sands

Oil-Sands Oil Hydrogen Venezuela

Woodside approves investment in $7.2B Trion development in deepwater Gulf of Mexico; first oil in 2028

Green Car Congress

JUNE 23, 2023

First oil is targeted for 2028. Trion is a greenfield development that would represent the first oil production from Mexico’s deepwater. The investment is expected to deliver an internal rate of return (IRR) greater than 16% with a payback period of less than four years. Trion is expected to have a carbon intensity of 11.8

Mexico

Mexico Oil Water Gas

Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

NOVEMBER 14, 2022

The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. The decline in 2020 of -5.2%

Global

Global Emissions Carbon Coal

Neste introduces co-processed marine fuel in partnership with Nordic Marine Oil; up to 80% GHG emission reduction

Green Car Congress

MAY 19, 2022

Together with its partner Nordic Marine Oil, Neste is piloting a new Neste Marine 0.1 The sustainability characteristics of the co-processed marine fuel are certified with International Sustainability and Carbon Certification (ISCC PLUS) with a mass balance approach.

Mariner

Mariner Oil Emissions Fuel

The SUV market is fueling global oil demand, clouding CO2 targets

Green Car Reports

MARCH 6, 2023

A strong SUV market is leading to higher oil demand today, and may make future carbon dioxide (CO2) emissions targets harder to achieve, according to the International Energy Agency (IEA). New IEA analysis found that global CO2 emissions from SUVs reached nearly 1.1 SUVs are.

CO2

CO2 SUV Oil Global

Taylor Machine Works and Cummins to integrate hydrogen engines into Taylor lift trucks and container handlers

Green Car Congress

AUGUST 13, 2023

This collaboration will help realize the decarbonization goals of industrial steel, wood products, concrete, oil and gas, and port operations markets. 15-liter hydrogen engine Taylor is working to develop low and zero-carbon solutions across its entire product line. liter and 15-liter hydrogen engines into the Taylor product line.

Hydrogen

Hydrogen Engine Carbon Grid

Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

Green Car Congress

JULY 12, 2023

The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market

Market Carbon Supplies Insight

IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

Green Car Congress

MARCH 10, 2020

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

Oil

Oil 2020 Global Market

ASTM International launches group to create standards for recovered carbon black (rCB)

Green Car Congress

JANUARY 18, 2017

The ASTM International Board of Directors approved the launch of a new technical committee dedicated to developing standards for the growing field of recovered carbon black (rCB). Carbon black is used as a reinforcing additive in rubber products—notably tires—where tensile and abrasion wear properties are critical.

Standards

Standards Carbon International Li-ion

IMO Environment Committee approves draft mandatory regulations to cut ship carbon intensity; technical and operational

Green Car Congress

NOVEMBER 21, 2020

The International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC) has approved draft new mandatory regulations to cut the carbon intensity of existing ships. The draft amendments to the MARPOL convention would require ships to combine a technical and an operational approach to reduce their carbon intensity.

Environment

Environment Carbon 2008 2018

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

Green Car Congress

JUNE 10, 2020

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.

Gasoline

Gasoline Carbon Conversion BMW

DOE to award up to $88M for oil and natural gas recovery research

Green Car Congress

JANUARY 11, 2019

The Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs). million barrels of oil per day (MMb/d)) to 56.5%

Oil

Oil Gas 2017 2014

CO2 Solutions’ enzymatic carbon capture technology performance exceeds targets in oil sands project

Green Car Congress

APRIL 13, 2014

an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. CO 2 Solutions’ technology platform uses carbonic anhydrase to accelerate the capture of CO 2 with energy-efficient solvents. CO 2 Solutions’ process.

Oil-Sands

Oil-Sands Oil Carbon CO2

Kawasaki, Subaru, Toyota, Mazda, and Yamaha partner on producing, transporting, and using carbon-neutral fuels, including hydrogen

Green Car Congress

NOVEMBER 15, 2021

jointly announced that, toward the achievement of carbon neutrality, they will take on the challenge of expanding fuel options through the use of internal combustion engines at the (three-hour) Super Taikyu Race in Okayama on 13-14 November. Participating in races using carbon-neutral fuels. Kawasaki Heavy Industries, Ltd.,

Mazda

Mazda Hydrogen Toyota Transportation

LG Chem, Dansuk JV to build Korea’s first next-generation hydro-treated vegetable oil plant

Green Car Congress

SEPTEMBER 3, 2021

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.

Oil

Oil Building Waste International

BTG and GoodFuels exploring options for joint investment to convert pyrolysis oil to low-carbon fuel for ships

Green Car Congress

NOVEMBER 21, 2019

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. The new facility will be operated by a new company named BTG-neXt.

Oil

Oil Convert Mariner Fuel

Gevo develops process to convert isobutanol or fusel oils into renewable diesel

Green Car Congress

SEPTEMBER 5, 2019

has developed proprietary, breakthrough processes that convert either low-carbon isobutanol or low-value fusel oils—a mixture of alcohols that are byproducts from fermentation processes such as alcohol production—into renewable diesel. Gevo expects this to open yet another door for Gevo products.

Renewable

Renewable Convert Diesel Oil

The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

Oil

Oil Industrial Industry Financing

Aramco and Stellantis collaboration indicates eFuel compatibility with 24 European engine families produced since 2014 (Euro 6)

Green Car Congress

SEPTEMBER 6, 2023

Low-carbon eFuel is a drop-in synthetic fuel made by reacting CO 2 , captured either directly from the atmosphere or from an industrial facility, with renewable hydrogen. We are exploring all solutions to reinforce our ambitious strategy of becoming a carbon net zero company by 2038.

2014

2014 Saudi Arabia Engine Carbon

Goodyear unveils 90% sustainable-material demonstration tire, approved for road use

Green Car Congress

JANUARY 6, 2023

This demonstration tire has passed all applicable regulatory testing as well as Goodyear’s internal testing. Lower rolling resistance means this demonstration tire has the potential to offer better fuel savings and carbon footprint reduction. Today, eight product lines, and some racing tires, include soybean oil.

Oil

Oil Carbon Polymer Renewable

ICCT: IMO committee agrees to establish first climate framework for international shipping

Green Car Congress

APRIL 13, 2018

The International Council on Clean Transportation (ICCT) reports that the Marine Environment Protection Committee of the International Maritime Organization (IMO) has adopted a resolution codifying an initial greenhouse gas (GHG) strategy for international shipping.

International

International Climate Mariner 2018

ORNL computational study finds 15% bio-oil mixture in two-stroke marine engines can cut NOx 13% with efficiency parity

Green Car Congress

APRIL 15, 2022

A team at Oak Ridge National Laboratory (ORNL) has developed a new computational model of a two-stroke scaled marine engine, with reduced chemical mechanisms for diesel, biodiesel, bio-oil, and polycyclic aromatic hydrocarbons (PAH). For the study, the surrogate is based on the bio-oil produced by Dynamotive Energy Systems.

Mariner

Mariner Oil Engine Emissions

Maersk to offer customers carbon-neutral biofuel; H&M Group first to trial

Green Car Congress

JUNE 21, 2019

Maersk is piloting a new carbon neutral product—the first of its kind in the industry—with select Maersk customers who are highly engaged in sustainable solutions for their supply chain. H&M Group is the first company to trial it as part of the shift towards carbon-neutral transportation. —Søren Toft.

Carbon

Carbon Emissions Oil Transportation

Orion Engineered Carbons joins HiQ-CARB consortium; scaling up conductive acetylene black for Li-ion cathodes

Green Car Congress

JULY 9, 2021

Orion Engineered Carbons S.A., a global supplier of specialty and high-performance carbon black, has joined the HiQ-CARB consortium to provide the lithium-ion battery industry with sustainable and high-performance carbon additives. Acetylene black is carbon black derived from acetylene gas.

Li-ion

Li-ion Carbon Lithium Ion Engine

Neste-led project verified 50% methane emission reduction at palm oil mills using belt filter press

Green Car Congress

MARCH 2, 2018

Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. The field work was conducted by Meo Carbon Solutions. Schematic of a belt filter press.

Oil

Oil Emissions Malaysia Indonesia

Aemetis selects Worley to provide engineering for ‘Carbon Zero 1’ renewable jet and diesel production plant

Green Car Congress

JUNE 21, 2021

Aemetis awarded an engineering services contract to Worley for the Aemetis ‘Carbon Zero’ renewable jet and diesel plant in Riverbank, California. The Aemetis Carbon Zero renewable jet and diesel project is designed to hydrotreat renewable oils with hydrogen from orchard and forest wood waste. Earlier post.)

Renewable

Renewable Carbon Diesel Engine

CCEMC launches $35M international challenge to find useful applications for carbon

Green Car Congress

MARCH 4, 2013

Alberta-based Climate Change and Emissions Management Corporation (CCEMC) ( earlier post ) has issued a $35-million open innovation international challenge to create new, carbon-based products and markets. The CCEMC Grand Challenge: Innovative Carbon Uses offers three rounds of funding that total $35 million over a five-year period.

Carbon

Carbon International Climate Change Grant

Rio Tinto and bp to work together on one-year trial of B30 marine biofuel

Green Car Congress

MAY 24, 2022

Rio Tinto and bp have agreed to work together on a one-year marine biofuel trial to help reduce carbon emissions from Rio Tinto’s marine fleet. The results of the trial will help Rio Tinto study ways to reduce its carbon emissions from its marine fleet and inform its future biofuel strategy.

Mariner

Mariner Oil Carbon Fuel

INEOS investing additional $1.4B in Grangemouth complex in next phase of GHG reductions; blue hydrogen

Green Car Congress

SEPTEMBER 27, 2021

The Road Map involves a move to the production and use of hydrogen by all businesses at the Grangemouth site accompanied by carbon capture and storage of at least 1 million tonnes per annum of CO 2 by 2030. The Petroineos JV operates the Grangemouth Refinery. INEOS Acquired the Forties Pipeline System from BP in October 2017.

Hydrogen

Hydrogen Polymer Ireland Carbon

Aemetis finalizes $7B of supply contracts for 100% of Riverbank Plant Production of SAF and RD for up to 10 years

Green Car Congress

SEPTEMBER 8, 2022

a renewable fuels company focused on negative carbon intensity products, announced that $7 billion of sustainable aviation fuel (SAF) and renewable diesel (RD) supply agreements have been signed with 10 airlines for a total of 916 million gallons of blended SAF. Aemetis, Inc.,

Supplies

Supplies San Francisco Los Angeles Production

MOL to start sea trials of Panamax bulk carrier powered by biofuel blend

Green Car Congress

JUNE 13, 2022

About 500 tons of ISCC (International Sustainability & Carbon Certification)-certified biofuel will be bunkered on the vessel at Port of Singapore. The fuel supplied by Chevron Singapore will blend Used Cooking Oil Methyl Ester as a 20% to 24% component in the Very Low Sulfur Fuel Oil (VLSFO) used onboard the ship.

Chevron

Chevron Singapore Power Powered

IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

DECEMBER 12, 2021

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

Price

Price Oil Asia Gas

EcoCeres makes first cellulosic ethanol shipment to Europe

Green Car Congress

JUNE 5, 2023

EcoCeres can produce a diverse range of renewable biofuels, covering Sustainable Aviation Fuel (SAF), Hydro-treated Vegetable Oil (HVO) and Cellulosic Ethanol. In the International Energy Agency (IEA)’s Net Zero scenario, production of advance ethanol would need to grow by 1,150% [or 12.5x] from 2021 to 2030.

Europe

Europe Waste Asia Renewable

New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

Green Car Congress

APRIL 27, 2012

When peat swamps are drained for agriculture, the peat begins to decompose, and is an enormous source of carbon emissions. Mha (20%) of the peatlands of Peninsular Malaysia, Sumatra and Borneo in 2010, surpassing the area of Belgium and causing an annual carbon emission from peat decomposition of 230–310 Mt CO 2 e. Earlier post.).

Oil-Sands

Oil-Sands Oil Emissions Climate

ICCT study examines current & projected use of heavy fuel oil in Arctic shipping; growth in BC emissions points to need for policies

Green Car Congress

MAY 8, 2017

A new study by the International Council on Clean Transportation (ICCT) estimates heavy fuel oil (HFO) use, HFO carriage, the use and carriage of other fuels, black carbon (BC) emissions, and emissions of other air and climate pollutants for the year 2015, with projections to 2020 and 2025. Click to enlarge.

Oil

Oil Panama Emissions Fuel

bp and Maersk Tankers carry out successful trials of B30 in two tankers

Green Car Congress

DECEMBER 27, 2021

bp and Maersk Tankers, with support from the Danish Maritime Authority, have successfully completed trials using biofuel-blended marine fuel in product tankers, demonstrating that sustainable biofuels can be used as a marine drop-in fuel to help reduce carbon emissions in shipping.

Mariner

Mariner Africa Oil Netherlands

Oak Ridge-GM prototype low-viscosity ionic liquid-additized engine oil delivers 2% fuel economy improvement over 5W-30

Green Car Congress

DECEMBER 30, 2013

Prototype low-viscosity ionic liquid-additized engine oil demonstrated a 2% improved fuel economy compared to Mobil 1 5W-30 engine oil (3.93% over the 20W-30 baseline oil) in standard fuel efficiency engine dynamometer tests. 1%) in nonpolar hydrocarbon oils.

Fuel Economy

Fuel Economy Oil Economy Engine

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

Green Car Congress

MARCH 30, 2022

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

Hyundai Motor Motors Motoring

Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

Improved liquid hydrogen-powered Corolla and GR86 (carbon-neutral fuel) to participate in Super Taikyu at Autopolis

S&P Global: increasing trade of low-carbon biofuel feedstocks heightens supply constraint concerns

Strategic Biofuels successfully tests carbon capture and storage for renewable diesel plant

Occidental to acquire direct air capture technology company Carbon Engineering for $1.1B

International Maritime Organization (IMO) adopts revised strategy to reduce GHG emissions from international shipping.

Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

Woodside approves investment in $7.2B Trion development in deepwater Gulf of Mexico; first oil in 2028

Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Neste introduces co-processed marine fuel in partnership with Nordic Marine Oil; up to 80% GHG emission reduction

The SUV market is fueling global oil demand, clouding CO2 targets

Taylor Machine Works and Cummins to integrate hydrogen engines into Taylor lift trucks and container handlers

Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

ASTM International launches group to create standards for recovered carbon black (rCB)

IMO Environment Committee approves draft mandatory regulations to cut ship carbon intensity; technical and operational

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

DOE to award up to $88M for oil and natural gas recovery research

CO2 Solutions’ enzymatic carbon capture technology performance exceeds targets in oil sands project

Kawasaki, Subaru, Toyota, Mazda, and Yamaha partner on producing, transporting, and using carbon-neutral fuels, including hydrogen

LG Chem, Dansuk JV to build Korea’s first next-generation hydro-treated vegetable oil plant

BTG and GoodFuels exploring options for joint investment to convert pyrolysis oil to low-carbon fuel for ships

Gevo develops process to convert isobutanol or fusel oils into renewable diesel

The $32-Trillion Push To Disrupt The Entire Oil Industry

Aramco and Stellantis collaboration indicates eFuel compatibility with 24 European engine families produced since 2014 (Euro 6)

Goodyear unveils 90% sustainable-material demonstration tire, approved for road use

ICCT: IMO committee agrees to establish first climate framework for international shipping

ORNL computational study finds 15% bio-oil mixture in two-stroke marine engines can cut NOx 13% with efficiency parity

Maersk to offer customers carbon-neutral biofuel; H&M Group first to trial

Orion Engineered Carbons joins HiQ-CARB consortium; scaling up conductive acetylene black for Li-ion cathodes

Neste-led project verified 50% methane emission reduction at palm oil mills using belt filter press

Aemetis selects Worley to provide engineering for ‘Carbon Zero 1’ renewable jet and diesel production plant

CCEMC launches $35M international challenge to find useful applications for carbon

Rio Tinto and bp to work together on one-year trial of B30 marine biofuel

INEOS investing additional $1.4B in Grangemouth complex in next phase of GHG reductions; blue hydrogen

Aemetis finalizes $7B of supply contracts for 100% of Riverbank Plant Production of SAF and RD for up to 10 years

MOL to start sea trials of Panamax bulk carrier powered by biofuel blend

IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

EcoCeres makes first cellulosic ethanol shipment to Europe

New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

ICCT study examines current & projected use of heavy fuel oil in Arctic shipping; growth in BC emissions points to need for policies

bp and Maersk Tankers carry out successful trials of B30 in two tankers

Oak Ridge-GM prototype low-viscosity ionic liquid-additized engine oil delivers 2% fuel economy improvement over 5W-30

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

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