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3 Oil Majors That Bet Big On Renewables

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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. BIT:ENI) recently unveiled what has been hailed as the most ambitious climate pledge yet by an oil supermajor.

Oil 418
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Bosch on importance of renewable synthetic fuels to reach climate goals; e-fuels

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The Paris Agreement calls for global warming to be limited to 2 ?C One path to achieving this is with renewable synthetic fuels (e-fuels). Bosch outlines seven reasons why renewable synthetic fuels should be part of tomorrow’s mobility mix: Time. Renewable synthetic fuels have long since left the basic research phase.

Renewable 300
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Neste investing €1.9B to expand renewable products refinery in Rotterdam; 1.2 Mtpa of SAF

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Neste Corporation has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions. million ton capacity for renewable products in Rotterdam is the largest in Europe.

Renewable 273
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Kinder Morgan and Neste partner on major renewable fuels logistics project in US

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This clearly shows the positive role America’s existing energy infrastructure can play in creating a sustainable future and fighting climate change. It enhances Neste’s leading position, building on the company’s more than 15-year head start in creating an end-to-end renewable product value chain.

Renewable 320
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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC. AME remains the majority shareholder of HIF Global LLC. Earlier post.).

Porsche 243
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Industry & environmentalists tell EU the future of shipping fuel is green hydrogen and ammonia

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Instead, lawmakers must send a clear signal to potential investors to focus on renewable electricity-based hydrogen and ammonia when the EU proposes its maritime fuel policy next month, the letter states. Green hydrogen and ammonia offer a clean future for the shipping and fuels industry. Globally, €1.4

Hydrogen 360
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NREL researchers use adversarial training to super-resolve climate data; up to 50X higher resolution data

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Researchers at the US Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) have developed a novel machine learning approach quickly to enhance the resolution of wind velocity data by 50 times and solar irradiance data by 25 times—an enhancement that had yet to be achieved with climate data.

Climate 170