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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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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). But like trying to turn a massive oil tanker, it takes time.

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Honeywell’s UOP Methanol-to-Olefins technology selected to convert coal to high-value petrochemicals in China

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has licensed Honeywell’s UOP methanol-to-olefins (MTO) technology to convert methanol from coal into key plastics building blocks. The MTO process, jointly developed by Honeywell’s UOP and INEOS, converts methanol from crude oil and non-crude oil sources such as coal or natural gas to ethylene and propylene.

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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The fuel economy of gasoline-powered LDVs continues to increase, and advanced technology fuel efficiency subsystems are added, such as micro hybridization, which is installed on 42% of gasoline LDVs in 2040. Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 Tcf in 2012 to 2.1

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Honeywell UOP’s Methanol To Olefins technology selected for China coal chemical complex

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has selected Honeywell’s UOP technology to convert methanol into building blocks for chemical products at an existing coal chemical complex in China. China’s Wison (Nanjing) Clean Energy Company Ltd. UOP and Total announced their partnership on this in 2005. Wison (Nanjing) Clean Energy Co.,

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DOE awards $7M to eight oxy-combustion coal technology projects; carbon capture, utilization and storage

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The US Department of Energy (DOE) selected eight projects to advance the development of transformational oxy-combustion technologies capable of high-efficiency, low-cost carbon dioxide capture from coal-fired power plants. The Energy Department’s $7 million investment—leveraged with recipient cost-share to support approximately $9.4

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Tsinghua University provincial-level lifecycle study finds fuel-cycle criteria pollutants of EVs in China could be up to 5x those of natural gas vehicles due to China’s coal-dominant power mix

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In regions where the share of coal-based electricity is relatively low, EVs can achieve substantial GHG reduction, the team reports in a paper in the ACS journal Environmental Science & Technology. According to the 12 th Five-Year Plan of the China Coal Industry (2011?2015)

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