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. Historically, the refinery has produced diesel from crude oil and has a capacity of 70,000 barrels per day.

2020 312

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. Market Background Oil

2020 254
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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects.

2020 334

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. ExxonMobil will be the exclusive buyer of renewable diesel from Global Clean Energy’s biorefinery in Bakersfield, California, which is on schedule to begin production in early 2022.

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. In addition to camelina, various non-petroleum feedstocks, including used cooking oil, soybean oil, distillers’ corn oil and other renewable sources will be refined to produce the renewable diesel.

2020 167

IEA: global carbon dioxide emissions have rebounded strongly

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The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year.

Global 342

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

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Louisiana Governor John Bel Edwards and Air Products Chairman, President, and CEO Seifi Ghasemi announced a $4.5-billion clean energy complex to be built in Louisiana that will make the state a leader in the US clean energy transition.

Trafigura and Yara to explore opportunities for clean ammonia as shipping fuel; infrastructure and market opportunities

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Trafigura Pte Ltd, one of the world’s leading independent commodity trading companies, and Yara International ASA, a leading global ammonia player, signed a Memorandum of Understanding to collaborate on the development and promotion of the use of ammonia as a clean fuel in shipping and to explore possible opportunities to work together on certain clean (green and blue) ammonia fuel infrastructure and market opportunities.

Clean 167

IEA: Petrochemicals set to be the largest driver of world oil demand

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Petrochemicals—components derived from oil and gas that are used in all sorts of daily products such as plastics, fertilizers, packaging, clothing, digital devices, medical equipment, detergents and tires—are becoming the largest drivers of global oil demand, in front of cars, planes and trucks, according to a major study by the International Energy Agency (IEA). Petrochemicals are rapidly becoming the largest driver of global oil demand.

2018 228

IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

2020 287

Ideanomics’ Mobile Energy Group and Petro China partner to develop clean energy fuel stations in Nanjing

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PetroChina is the world’s third-largest oil company and plays a leading role in energy distribution throughout China. The new energy fuel stations will promote low emissions and clean energy production for electric vehicles through fuels such as mixed hydrogen and compressed natural gas (CNG) power generation, hydrogen power generation, mixed methanol and hydrogen power generation, as well as fast charge networks, and other related technologies provided by MEG. Ideanomics Inc.

2019 224

Climate and Clean Air Coalition to work with oil and gas companies to reduce emissions

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More than a dozen Ministers from countries around the world released a statement earlier this week calling for accelerated action to substantially reduce venting, leakage, and flaring of natural gas from oil and gas operations worldwide. Specifically, the Climate and Clean Air Coalition intends to work with leading oil and gas companies to achieve substantial global methane and black carbon emission reductions.

2013 180

DHL to use biofuel to neutralize carbon emissions of all ‘less-than-container’ load shipments in ocean freight globally

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DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, says it will be neutralizing the carbon emissions of all less-than-container load (LCL) ocean freight shipments from 1 January 2021. As one of the leading ocean freight forwarders worldwide, and in line with Deutsche Post DHL Group’s "Mission 2050 – Zero Emissions", DHL is committed to lead the transition to clean and sustainable sea freight transport.

2020 257

France’s high court rules in favor of ending tax benefits for palm oil diesel

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France’s Constitutional Council, the highest constitutional authority in the country, ruled in favor of excluding palm oil from the list of biofuels that enjoy tax incentives. Oil company Total has estimated it is worth between €70 million and €80 million per year. In March, the European Commission decided that palm oil is not a green fuel and should not be promoted because it causes deforestation. The EU is the second largest importer of crude palm oil in the world.

2019 198

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions.

2019 217

Consolidated bioprocessing company Aemetis licenses plant oil hydroprocessing technology from Chevron Lummus Global for renewable jet and diesel

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originally known as AE Biofuels, an industrial biotechnology company producing renewable chemicals and advanced fuels using patented microbes and processes, has signed a license agreement with Chevron Lummus Global (CLG) for the use of the Biofuels ISOCONVERSION process for the production of 100% drop-in renewable jet fuel and diesel from plant oils. Outline of the Biofuels ISOCONVERSION process. Source: ARA. Click to enlarge. Aemetis, Inc.,

2012 191

Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. Extracting oil from these frontier areas required more advanced technology and a lot more capital: Ultra deepwater, Arctic offshore, heavy oil sands, and increasingly, the Lower Tertiary. Oil Opinion

2015 180

Valvoline launches NextGen line of motor oil with 50% recycled oil

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The NextGen line of oils, with 50% recycled oil, will include conventional, synthetic blend and high mileage offerings. Valvoline, a leading independent marketer of motor oil, has introduced its NextGen line of motor oils, featuring the inclusion of 50% recycled base oil. There have been earlier, generally unsuccessful attempts at marketing recycled motor oil; NextGen marks the first entry of such a product delivered by a major motor oil marketer.

2011 180

BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. —Ashish Sethia, global head of commodities at BNEF.

2020 217

IEA: time to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future

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In a major new report on hydrogen, the International Energy Agency says that the time is right to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future. The report—The Future of Hydrogen: Seizing Today’s Opportunities—finds that clean hydrogen is currently receiving strong support from governments and businesses around the world, with the number of policies and projects expanding rapidly.

2019 212

Canada’s First Ministers release Pan-Canadian Framework on Clean Growth and Climate Change

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Canada’s First Ministers (The Prime Minister of Canada and the provincial and territorial premiers) issued a joint communiqué and released the Pan-Canadian Framework on Clean Growth and Climate Change following the First Ministers’ Meeting. A focus on clean technology is a core element of the Framework and through the actions identified, we will foster innovation and create new jobs, new technologies and new export opportunities.

2016 186

Clean Global Energy in JV for $400M Underground Coal Gasification Project in China

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Australia-based Clean Global Energy Limited (CGE) secured a Joint Venture Agreement with Beijing Yusenjiayu Environmental Protection Technology Co. Ltd of Beijing, China (GX) and Goldbridge Clean Tech Energy of East Sussex, United Kingdom (GB) to undertake a US$400M commercial UCG (underground coalgasification) project on GX’s Inner Mongolia coal deposit.

2009 167

IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. As a result, global energy-related CO 2 emissions rose by 1.7% These findings are part of the International Energy Agency’s latest assessment of global energy consumption and energy-related CO 2 emissions for 2018. The United States saw the largest increase in oil and gas demand worldwide.

2019 183

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

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Based on visual interpretation of high-resolution (30 m) satellite images, a new study in the journal Global Change Biology: Bioenergy determined that industrial plantations covered over 3.1 The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production.

2012 257

IMO sets 2020 date for ships to comply with low sulfur fuel oil requirement; 5000 ppm

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The International Maritime Organization (IMO), the regulatory authority for international shipping, decided to implement a global sulfur cap of 0.50% m/m (mass/mass) (5,000 ppm) on fuel oil starting 1 January 2020 during its Marine Environment Protection Committee (MEPC), meeting for its 70 th session in London. m/m (35,000 ppm) global limit currently in place and demonstrates a clear commitment by IMO to ensuring shipping meets its environmental obligations.

2016 180

Electric vehicles trends in India

Electric Vehicles India

Electric vehicles have attracted the attention of India’s policy makers as clean technology alternatives due to their multiple advantages like higher efficiency and lower air pollution in short to medium term and reduced CO2 emissions. The global electric vehicle market size was USD 246.70

India 87

DOE to award up to $12.4M to 11 projects focused on shale gas and enhanced oil recovery

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The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected 11 research projects that will help find ways to extract more energy from unconventional oil and gas resources while reducing environmental risks for awards totalling $12.4 million for three projects investigating innovative processes for extracting additional oil from mature domestic oil fields including Enhanced Oil Recovery (EOR). Natural Gas Oil Oil Shale

2011 191

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. Despite the priority in many countries to increase energy efficiency, global energy intensity worsened for the second straight year.

2011 210

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Chevron, already the largest thermal heavy oil producer, is optimizing thermal production in heavy oil fields by leveraging information technology to improve the percentage recovery as well as the economics.

2011 207

Alphabet Energy closes $23.5M Series C; thermoelectric waste-heat-to-power for oil & gas and automotive

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Schlumberger, a new investor from the oil and gas industry, led the round with participation from GM Ventures and Osceola Capital Management, LLC. Existing investors TPG, Claremont Creek Ventures and the California Clean Energy Angel Fund also participated. The new capital will be used to scale Alphabet Energy’s production for the oil and gas and automotive industries, both under intense regulatory pressure to curb emissions.

2016 150

IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. liquids produced from shale formation via techniques such as hydraulic fracturing—oil shale is a sedimentary rock containing up to 50% organic matter rich in hydrogen, known as kerogen. Oil shale.

Chevrolet debuts 2014 Cruze Clean Turbo Diesel for US and Canada

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2014 Cruze Clean Turbo Diesel engine. Assembled in Lordstown, Ohio, the 2014 Cruze Clean Turbo Diesel has demonstrated an estimated 42 mpg (5.6 This Cruze Clean Turbo Diesel represents a new era in diesel performance for American cars. It’s a great example of how Chevrolet’s global resources work harmoniously to produce the right product at the right time and for the right market. 2014 Cruze Clean Turbo Diesel. Click to enlarge.

2013 200

WHO links 7 million premature deaths annually to air pollution; 12.5% of total global deaths

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The World Health Organization now estimates that in 2012 around 7 million people died—one in eight (12.5%) of total global deaths—as a result of air pollution exposure. Cleaning up the air we breathe prevents noncommunicable diseases as well as reduces disease risks among women and vulnerable groups, including children and the elderly. The 2005 “WHO Air quality guidelines” offer global guidance on thresholds and limits for key air pollutants that pose health risks.

2014 286

Lux: California’s Low Carbon Fuel Standard will become a global phenomenon; carbon intensity, not volume

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California’s approach to transportation fuel policy—its Low Carbon Fuel Standard (LCFS)—will become a global phenomenon, suggests Lux Research. Lux’s observation comes shortly after the Government of Canada announced it will develop a similar low-carbon clean fuel standard requiring reductions in the carbon footprint of the fuels supplied in Canada, based on lifecycle analysis.

2016 174

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

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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. Top: Heavy fuel oil use (tonnes) in the Arctic, 2015, with minimum sea extents. However, with expanded Arctic shipping comes the increased risk of accidents, oil spills, and air pollution.

2017 233

Energy Secretary Chu says US faces a new Sputnik Moment in Chinas clean energy successes

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In a speech at the National Press Club, US Energy Secretary Steven Chu said that the success of China and other countries in clean energy industries represents a new “Sputnik Moment” for the United States, and will require a similar mobilization of innovation to enable the US to compete in the global race for the jobs of the future. Secretary Chu stressed that US economic competitiveness depends on jump-starting the next round of American innovation in clean energy.

2010 275

Navigant forecasts global medium- and heavy-duty alt powertrain sales to exceed 820K units in 2026

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According to a new forecast report from Navigant Research, global commercial alternative powertrain medium- and heavy-duty vehicle (MHDV) sales will grow from about 347,000 vehicles in 2016 to more than 820,000 in 2026, representing a CAGR of about 9%. Whereas fuel cost used to be a major driver for fleet managers, the lowering of oil prices and the availability of low-cost natural gas has reduced this concern, Navigant notes.

2016 150

Shell outlines steps to net-zero business by 2050; to cut production of traditional fuels 55% by 2030

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Global oil and gas major Shell has outlined how it will achieve its target to be a net-zero emissions energy business by 2050, in step with society’s progress towards achieving net zero. Crucially, it includes emissions from the oil and gas that others produce and Shell then sells as products to customers, making the target comprehensive. Shell uses its world-leading brand, global reach and expertise to be a one-stop shop for both consumer and business customers.

2019 172

Technip signs agreement with BTG Bioliquids to design and build pyrolysis plants for biomass-to-oil production

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The plants will be based on BTL’s Fast Pyrolysis Oil (FPO) technology which converts biomass to oil through a rapid pyrolysis process. The fast pyrolysis technology mixes biomass particles and hot sand in a reactor which transforms the material into pyrolysis oil. This oil can be used as a sustainable alternative to fossil fuels for the production of renewable energy and chemicals. Technip has signed an exclusive cooperation agreement with BTG BioLiquids B.V.

2016 150

Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

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Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. Of course, other countries benefit from this fact, with about $900 million flowing out of the US to buy foreign oil every day, and about 40% of that going to OPEC. [ 1 ] Our dependence on oil also means that America must support military engagements in regions, such as the Persian Gulf, to defend energy sources, such as pipelines and sea lanes.

2009 211

X PRIZE Foundation Announces Wendy Schmidt Oil Cleanup X CHALLENGE

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Million Wendy Schmidt Oil Cleanup X CHALLENGE. The goal of the Wendy Schmidt Oil Cleanup X CHALLENGE is to inspire entrepreneurs, engineers, and scientists worldwide to develop innovative, rapidly deployable, and highly efficient methods of capturing crude oil from the ocean surface. The Wendy Schmidt Oil Cleanup X CHALLENGE has two phases: Phase I. Exxon Valdez), land drainage, waste disposal, or oil platform spill (e.g.

2010 180

IEA: improving efficiency of road-freight transport critical to reduce oil-demand growth; three areas of focus

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Improving the efficiency of road-freight transport is critical to reducing the growth in oil demand, carbon emissions and air pollution over the next decades, according to the International Energy Agency’s latest report, The Future of Trucks: Implications for energy and the environment. Today, trucks account for almost a fifth of global oil demand, or around 17 million barrels per day—equivalent to the combined oil production of the United States and Canada.

2017 150

Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

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Global energy intensity, 1981-2010. Global energy intensity—defined as total energy consumption divided by gross world product—increased 1.35% in 2010, the second year of increases in the context of a broader trend of decline over the last 30 years, according to a new Vital Signs Online article from the Worldwatch Institute. Between 1981 and 2010, global energy intensity decreased by about 20.5%, or 0.8% Click to enlarge.

2011 205