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BP to sell Carson refinery and ARCO retail network in US Southwest to Tesoro for $2.5B

Green Car Congress

BP has reached agreement to sell its Carson, California refinery and related logistics and marketing assets in the region to Tesoro Corporation for $2.5 In February 2011 BP announced plans to refocus its refining and marketing business on its northern US refineries and find buyers for Carson and the Texas City Refinery in Texas.

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DOE announces $139M in funding for 55 projects to advance innovative vehicle technologies

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Enovix Corporation. Exelon Corporation. AOI 04: Platinum Group Metals (PGM) Content Reduction to Enable Cost-Effective Aftertreatment for Gasoline and Diesel Engines. Development of Advanced Combustion Strategies for Direct Injection Heavy Duty Propane Engines to Achieve Near-Diesel Engine Efficiency. General Motors LLC.

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Air Products to increase supply of H2 to Marathon’s Garyville, La. refinery by 25 MMscf/day

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Air Products will increase the supply of hydrogen to Marathon Petroleum Company LP, a subsidiary of Marathon Oil Corporation (NYSE: MRO), at Marathon’s Garyville, La. The new pipeline extension, which is in the project execution phase, will connect Air Products’ Texas hydrogen system to the Louisiana hydrogen system.

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California Energy Commission awards nearly $5M to encourage natural gas-powered buses and trucks

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The awards, funded from the Commission’s Alternative and Renewable Fuel and Vehicle Technology Program, help to pay the difference between a conventional gasoline- or diesel-powered vehicle and one powered by a cleaner alternative fuel. Capacity of Texas, Inc. The Energy Commission already has awarded nearly $15.5

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USDOT awarding $55M to support purchase of Low-No buses; electric buses and infrastructure

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Transitioning the fleet to all electric will eliminate emissions from diesel buses and emissions from shipping diesel fuel by barge 900 miles from Seattle. All of the replacements are diesel powered heavy-duty buses that are past their twelve-year life span. The buses will replace diesel buses that have exceeded useful life.

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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Chevron Corporation announced a $32.7 Another 11% is associated with the company’s downstream businesses that manufacture, transport and sell gasoline, diesel fuel and other refined products, fuel and lubricant additives, and petrochemicals. the Wolfcamp play in West Texas and the Pattaini Basin offshore Thailand. Downstream.

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PHEVLERs are the Zero CO2 Clean Green Machines of the Future

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Electric fuel cost is a fraction of gasoline or diesel fossil fuel cost, even at a time when petroleum prices are temporarily reduced due to geopolitical manipulations and manufacturing costs. Diesel fuel is also frequently blended with a small amount of biofuel. PHEVLERs use Clean Fuels to Reduce Air Pollution. 23 ] , [ 24 ].

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