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3 Oil Majors That Bet Big On Renewables

Green Car Congress

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. 2 Total SA.

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DOE to award up to $32M to reduce methane emissions from oil and gas sector

Green Car Congress

The US Department of Energy (DOE) announced up to $32 million in funding ( DE-FOA-0002616 ) toward the research and development of new monitoring, measurement, and mitigation technologies to help detect, quantify, and reduce methane emissions across oil and natural gas producing regions of the United States.

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IHS Markit: oil sands greenhouse gas intensity declined 20% over past decade

Green Car Congress

New research by the IHS Markit Canadian Oil Sands Dialogue shows that the combined greenhouse gas (GHG) intensity of Canadian oil sands projects has declined 20% from 2009 levels. The latest data show that the greenhouse gas intensity of Canadian oil sands going down further, continuing a decade-long trend.

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Why EVs Aren't a Climate Change Panacea

Cars That Think

Transportation accounts for only 27 percent of greenhouse gas emissions (GHG) in the U.S.; 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.

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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

Green Car Congress

This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions. Natural gas consumption and production was up over 5%, one of the strongest rates of growth for both demand and output for over 30 years.

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How renewable diesel can help fight climate change

Clean Fleet Report

Did you know that the transportation sector is the largest contributor of greenhouse gas (GHG) emissions in the U.S.? We need to make our transportation system more sustainable with today solutions as city residents, investors, employees or customers demand action on climate change. Reducing GHGs in the Transport Sector.

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

Green Car Congress

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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