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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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Why EVs Aren't a Climate Change Panacea

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must cease by 2038 at the latest, according to research company BloombergNEF (BNEF). Another expectation is that homeowners and businesses will become “ fully electrified ” by replacing oil, propane and gas furnaces with heat pumps along with gas fired stoves as well as installing solar power and battery systems. For the U.S.

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How renewable diesel can help fight climate change

Clean Fleet Report

Over 20 years ago, Neste developed the technology to produce renewable diesel; now, Neste’s renewable diesel is made from sustainably sourced renewable raw materials such as used cooking oil and animal fat from food industry waste. The post How renewable diesel can help fight climate change first appeared on Clean Fleet Report.

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Indian Oil signs MOU with LanzaJet on sustainable aviation fuel production in India

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Indian Oil Corporation, India’s leading energy major, has entered into a memorandum of understanding (MOU) with LanzaJet to explore the development of sustainable aviation fuel (SAF) production in India. As a rapidly developing country, India’s energy transition will play a pivotal role in global energy markets.

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Samsung Ventures makes strategic investment in renewable fuels company Raven SR

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Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. The South Korean government recently announced plans to provide 27.9

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How Engineers Can Help Protect Earth From Worsening Climate Change

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Fortunately, we still have a narrow window of opportunity to alter the Earth’s climate path, and I believe we can do it. Climate change is a global societal crisis that is causing devastating consequences. Deforestation is contributing to climate change.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

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Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

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