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Alberta CCEMC providing $46M for carbon capture and storage and cleaner energy projects in oil sands region

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Alberta, Canada’s Climate Change and Emissions Management (CCEMC) Corporation is providing C$46 million (US$45 million) in funding to support six new carbon capture and storage and cleaner technology projects in the Canadian oil sands region. Imperial Oil: $10 million for a Cyclic Solvent Process pilot in Cold Lake.

Oil-Sands 225
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Nacero selects Topsoe’s TIGAS technology for gas-to-gasoline unit; reducing lifecycle carbon footprint up to 50%

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Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades. The captured CO 2 will be used for enhanced oil recovery.

Gasoline 221
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Preparing the US for the impacts of climate change. In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. The Better Buildings Challenge targets helping American commercial and industrial buildings becoming at least 20% more energy efficient by 2020.

Obama 249
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AP Ventures makes follow-on investment in small-scale GTL company Greyrock Energy

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The Global Gas Flaring Reduction Partnership, a World Bank initiative, notes that billions of cubic meters of natural gas are flared annually at oil production sites, wasting valuable energy resources and contributing to climate change by releasing millions of tons of CO2 into the atmosphere.

Companies 186
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Santos reports successful CO2 capture and storage injection trial in Moomba CCS project

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Santos Managing Director and CEO Kevin Gallagher said the successful injection occurred earlier this month in the Strzelecki field in the Cooper Basin and Santos would now finalize technical and commercial arrangements with the aim of having the 1.7 million tonne per year project ready for Final Investment Decision by the end of the year.

CO2 243
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017. billion in 2018.

Coal 243
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UK government launches first Hydrogen Strategy

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By 2030, hydrogen could play an important role in decarbonizing polluting, energy-intensive industries such as chemicals, oil refineries, power and heavy transport such as shipping, heavy-duty trucks and trains, by helping these sectors move away from fossil fuels.

Hydrogen 321