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Imperial Oil and E3 Lithium partner on lithium pilot project, redeveloping historic oil field

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The pilot will support E3 Lithium’s Clearwater project, which will draw lithium from under the Leduc oil field, Imperial’s historic discovery that first launched major oil and gas development in Western Canada. This produces a very clean product for the development of high-purity battery-grade lithium compounds.

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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. by Alex Kimani for Oilprice.com.

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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.

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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. Clean ammonia is one of the most effective alternatives for decarbonizing maritime transport.

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MOL makes strategic investment in Ascension Clean Energy; hydrogen-ammonia production facility

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MOL Clean Energy, US, LLC (MCE), a 100% subsidiary of Mitsui O.S.K. MOL), and Clean Hydrogen Works, LLC (CHW) announced MCE as a Joint Venture shareholder in Ascension Clean Energy (ACE), a proposed $7.5-billion, billion, clean hydrogen-ammonia production and export facility in Ascension Parish, Louisiana. Lines, Ltd.

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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.

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EIA: biofuels are displacing petroleum-based distillate fuel oil consumption on the West Coast

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Consumption of distillate fuel oil in the US West Coast, as measured by product supplied, decreased to its lowest level since 2002 last year and continues its decline this year, according to the latest “This Week in Petroleum” report from the US Energy Information Administration (EIA).

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