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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. But Total is not just content to compete in the traditional renewable energy arena of wind and solar but is also giving Tesla Inc.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Coal’s market share of 30.3% Global energy consumption grew by 2.5% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% globally, and 8.4% was the highest since 1969. Source: BP.

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Qatar Airways, QSTP and Qatar Petroleum to Develop Renewable Biojet Fuel with Support of Airbus; Formation of Qatar Advanced Biofuel Platform

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Qatar Airways, Qatar Science & Technology Park (QSTP) and Qatar Petroleum (QP) will jointly carry out engineering, economic analysis and move into the development of renewable biojet fuel that will also look into ways for production and supply, with the support of Airbus. All of these are known as xTL fuels.

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War in Ukraine: We Need to Talk About Fossil Fuels

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The continent was mostly powered by locally mined coal until the 1950s, when imports of cheap Middle Eastern oil started transforming the energy picture. produced fuels was further reduced by an accelerated shift away from coal, which in 2020 was down to 11 percent of primary supply, from 18 percent in 2000. Certification of the €9.5

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Haldor Topsoe and Sasol unite to offer customers single-point licenses for proven gas-to-liquids solutions

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Sasol and Haldor Topsoe, two of the global leaders in gas-to-liquids (GTL) technology, have entered into a collaboration agreement to offer single-point licensing of proven and bankable GTL solutions to produce diesel, kerosene and naphtha from natural gas.

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