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DOE awards $165M GEODE grant to consortium to accelerate development of geothermal by leveraging oil and gas industry

Green Car Congress

The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry. —John Boden of SPE

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EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

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The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA. billion a year.

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Alberta Innovates & NRCan awarding $26.2M to three oil sands clean tech projects; industry kicking in $43.3M

Green Car Congress

Alberta Innovates has teamed up with Natural Resources (NRCan) and industry partners to take three clean oil sands technologies to commercial demonstration. This announcement is a result of NRCan’s Oil and Gas Clean Tech Program. Cenovus Energy will test an oil sands extraction technology using a solvent-driven process.

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

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The company leverages its advanced pretreatment technology to deliver clean, high-quality RD and SAF feedstocks, which enable partners to produce premium renewable fuels. The purity of the feed reduces the revamp cost of converting existing conventional refining units to process renewable feedstock, while also lowering carbon intensity.

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Convert Oil Wells to Solve the Solar Storage Problem

Cars That Think

A possible answer, though, might lie in oil wells. The California-based Hyperlight Energy will be piloting an installation where they plan to use existing oil wells as solar thermal wellsprings, with the stored energy being converted back to clean electricity when required. But we can still reduce the carbon [cost] of that oil.”

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Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

Green Car Congress

Gold Hydrogen is a novel source of carbon neutral hydrogen produced from depleted oil reservoirs that are ready for plug and abandonment, extending the life of wells that would otherwise be a significant burden. Cemvita Factory’s mission is to reimagine heavy industries such as oil & gas and mining for the net-zero economy.

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Everything You Need to Know About the Cost of Owning a Car

Clean Fleet Report

For example, a German luxury car would cost far more to maintain than a new Chevrolet sedan. If you drive an electric vehicle , these costs may be lower since there is no oil to change and fewer moving parts that can break down. Gas (or electricity) costs need to be factored into your overall cost. Gasoline Costs.

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