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Neste Oil launching new low-sulfur marine fuel in December

Green Car Congress

Neste Oil will bring to the market a low-sulfur marine fuel in accordance with the EU sulfur Directive requirements entering into force in 2015, and will begin distributing it in mid-December. Vessels operating in these areas either need to install a sulfur scrubber or make a transition to low-sulfur fuel.

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ExxonMobil to invest >$1B in Antwerp refinery to convert heavy, higher sulfur residual oil into diesel, other products

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plans to invest more than $1 billion to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel. The investment addresses an industry shortfall in capability to convert fuel oil to products such as diesel.

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GE Oil Gas Awarded $400+M Contract for Gorgon Natural Gas Projects; GE Turbomachinery to Drive LNG Production and World’s Largest CO2 Injection Project

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Artist’s rendering of a GE Frame-7 gas turbine, similar to the units that GE Oil & Gas is supplying for the Gorgon project. billion barrels of oil (boe). In addition to natural gas supply for domestic Australian use, Gorgon is slated to contribute to meeting Asia’s growing need for cleaner energy. Click to enlarge.

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Air Products heralds successful operation of project to capture CO2 from hydrogen production for use in enhanced oil recovery

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Air Products heralded the successful operation of a US Department of Energy (DOE) demonstration project that will capture approximately one million tons of carbon dioxide (CO 2 ) from hydrogen production for use in an enhanced oil recovery project in which DOE anticipates an additional estimated 1.6-3.1

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Ground breaks on Washington West Coast Electric Highway

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The transition from gasoline and foreign oil to alternative fuels, such as electricity, for transportation requires a huge first step—infrastructure. AeroVironment is installing six stations along I-5, three stations along U.S. —state Transportation Secretary Paula Hammond.

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GE unveils LNG In A Box system

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GE Oil & Gas introduced the LNG In A Box system, a small-scale, plug-and-play, re-deployable liquefied natural gas (LNG) fueling solution based on proven technology that can help accelerate the use of natural gas as a cost-effective, cleaner transportation fuel.

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

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Oil accounts for most of this decline as, for the first time, global consumer spending on oil is set to fall below the amount spent on electricity. Global investment in oil and gas is expected to fall by almost one-third in 2020. At the same time, many national oil companies are now desperately short of funding.

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