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Global Clean Energy buys Bakersfield refinery for $40M, converting to produce renewable diesel

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Global Clean Energy Holdings, Inc., Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Alon Bakersfield Refinery is an existing oil refinery located in Bakersfield, California. Historically, the refinery has produced diesel from crude oil and has a capacity of 70,000 barrels per day.

Renewable 389
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Yara Clean Ammonia and Bunker Holding to develop the market for ammonia as a shipping fuel

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Yara Clean Ammonia (YCA) and Bunker Holding Group signed an MOU establishing the intention to collaborate to accelerate the development of the market for clean ammonia as a shipping fuel. This commitment will cover multiple global geographies and focus on serving First Mover initiatives spanning different regions.

Clean 195
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Canada publishing final new Clean Fuel Regulations

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Canada will publish the final Clean Fuel Regulations (CFR) in the Canada Gazette Part II on 6 July 2022. The Clean Fuel Standard will require liquid fossil fuel primary suppliers (i.e., The Clean Fuel Standard establishes a credit market. The Clean Fuel Regulations replace the current federal Renewable Fuels Regulations.

Canada 199
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ExxonMobil increases purchases of renewable diesel from Global Clean Energy Holdings to up to 5M barrels per year

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ExxonMobil and Global Clean Energy have expanded their five-year agreement to increase ExxonMobil’s purchase of renewable diesel to up to 5 million barrels per year. The renewable diesel leverages Global Clean Energy’s patented camelina crop, which can significantly reduce life-cycle greenhouse gas emissions.

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ExxonMobil to buy 2.5M barrels of renewable diesel per year for 5 years from Global Clean Energy

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ExxonMobil has signed an agreement with Global Clean Energy Holdings to purchase 2.5 As background, globally, in 2019, ExxonMobil sold some 1.9 million barrels per day of heating oils, kerosene and diesel oils. The US share of that was 449,000 barrels per day. The US share of that was 449,000 barrels per day.

Clean 186
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Louisiana Governor and Air Products announce US$4.5B blue hydrogen clean energy complex in Eastern Louisiana

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billion clean energy complex to be built in Louisiana that will make the state a leader in the US clean energy transition. The Port Arthur facility has captured approximately one million tons of CO 2 annually since 2013, with the CO 2 transported via pipeline and utilized for enhanced oil recovery operations.

Louisiana 391
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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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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 300