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Air Products, ACWA Power and NEOM sign agreement for $5B production facility for production and export of green ammonia to global markets for H2 delivery

Green Car Congress

The project, which will be equally owned by the three partners, will be sited in NEOM , a new model for sustainable living located in the north west corner of the Kingdom of Saudi Arabia, and will produce green ammonia for export to global markets.

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Carbon capture won’t clean up tar sands

Green Cars News

The production of tar sands oil -also know as oil sands- is a highly energy intensive process and emits on average three times more CO2 than conventional oil production. Canada’s proven tar sands reserves are 173 billion barrels of oil, second only to Saudi Arabia. The industry’s response was that CCS would address this threat.

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Aramco opens R&D center in Detroit area; fuels research with focus on novel fuels/engines systems for reduced CO2

Green Car Congress

Aramco’s global fuels research network encompasses Aramco’s Research & Development Center in Dhahran, Saudi Arabia; a partnership with the Clean Combustion Research Center at the King Abdullah University of Science and Technology in Thuwal, Saudi Arabia; and the Aramco Fuel Research Center, Paris, with the French petroleum research institute IFPEN.

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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

Green Car Congress

In the 450 Scenario, oil demand falls between 2010 and 2035 as a result of strong policy action to limit carbon-dioxide (CO2) emissions; oil demand peaks before 2020 at just below 90 mb/d and declines to 78 mb/d by the end of the projection period, over 8 mb/d, or almost 10%, below 2010 levels. —Fatih Birol, IEA Chief Economist.

Oil 247