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ExxonMobil seeking to boost growth, continue work on lower-emissions technologies including biofuels and carbon capture

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ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins.

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MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

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The expected influx of large amounts of alcohol-based fuels and fuels derived from unconventional petroleum over the next decade may cause long-term world oil prices to be between 5 and 12% lower than they would be in the absence of those fuels. From Hileman et al. Click to enlarge. million bpd. Hileman, David S. Ortiz, James T.

MIT 250
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MITEI releases report on Electrification of the Transportation System

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The MIT Energy Initiative (MITEI) has released a report on the proceedings—and papers that informed those proceedings—of the 8 April 2010 symposium on The Electrification of the Transportation System: Issues and Opportunities. The symposium was sponsored by the MIT Energy Initiative, together with Ormat, Hess, Cummins and Entergy.

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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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Without significant additional policy interventions to induce market penetration of breakthrough passenger car and aircraft technologies, the overall European (EU27) greenhouse gas (GHG) emissions reduction goals for 2050 will be difficult to meet, according to a new study by researchers from the University of Cambridge, Stanford University and MIT.

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Startup Siluria Technologies developing novel bio-templated catalysts for economic direct conversion of methane to ethylene; potential for transportation fuels

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Ethylene, with a $160-billion market, is a valuable commodity two-carbon chemical that can be oligomerized into transportation fuels. But once you are at a two-carbon molecule with a double bond, you can go anywhere in the chemical industry. The company aims to achieve the catalyst performance required for commercialization in 2011.