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Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

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an integrated castor cultivation solution company and a subsidiary of Evogene Ltd. signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Casterra Ag Ltd. ,

Oil 276
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EPA proposes new pollution standards for fossil fuel-fired power plants

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The US Environmental Protection Agency (EPA) has proposed new CO 2 standards for coal and natural gas-fired power plants. Through 2042, EPA estimates the net climate and health benefits of the standards on new gas and existing coal-fired power plants are up to $85 billion.

EPA 225
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First MAN ME-GA Otto-cycle engine completes gas trials

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MAN Energy Solutions announced that the first ME-GA engine has completed gas trials aboard an LNG carrier built by Hyundai Samho Heavy Industries (HSHI) for Norwegian shipping company, Knutsen OAS Shipping. The new engine is an Otto-cycle variant of the company’s successful ME-GI engine. —Thomas S.

Gas 195
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Aramco awards $10B in contracts for vast Jafurah shale gas field development

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In late November, the Saudi Arabian Oil Company (Aramco) announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas field in the Kingdom of Saudi Arabia. It will make Saudi Arabia one of the world’s largest natural gas producers.

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bp acquires 30% stake in Green Biofuels, UK’s largest provider of hydrogenated vegetable oil fuels

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bp has acquired a 30% stake in Green Biofuels Ltd (GBF), the UK’s largest provider of hydrogenated vegetable oil (HVO). GBF’s products are made from renewable feedstocks such as vegetable oils, animal oils and fat. It is fully compatible with gas oil and significantly cleaner than EN590 (automotive diesel fuel).

Oil 195
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Aemetis signs $3B, 10-year supply agreement for 450M gallons of renewable diesel with industry-leading travel stop company

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Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. billion miles of heavy truck and cargo transportation.

Renewable 321
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Battle Motors acquires Crane Carrier Company; Class 7 and 8 vocational truck electrification

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EV technology developer Battle Motors has acquired commercial vehicle OEM Crane Carrier Company. Crane Carrier Company (CCC) has been manufacturing commercial vehicles for 75 years and is based in New Philadelphia, Ohio with 180 sales and service dealers throughout North America.

Motor 259