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Toyota Tsusho strategic equity investor in bio-BTX company Anellotech

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Catalytic pyrolysis company Anellotech, which focuses on producing cost-competitive BTX (benzene, toluene and xylene) from non-food biomass, revealed Toyota Tsusho Corporation as a multinational strategic equity investor and corporate partner in the renewable aromatic chemicals supply chain.

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Low oil prices hurting some US shale operations; slumping oil prices putting pressure on drillers

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The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. There are now 1,590 active oil rigs, the lowest level in six weeks. 17, compared to the prior week.

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SwRI, UTSA researchers show biochar is low-cost, effective method to treat fracking water

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Researchers at Southwest Research Institute (SwRI) and The University of Texas at San Antonio (UTSA) have determined that biochar, a substance produced from plant matter, is a safe, effective and inexpensive method to treat flowback water following hydraulic fracturing, or fracking.

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IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

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Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

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Marathon Oil splitting in two

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The Board of Directors of Marathon Oil Corporation has approved moving forward with plans to spin off Marathon’s downstream business, creating two independent energy companies. Marathon Oil Corporation (MRO) will be a global upstream company based in Houston, Texas.

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Ensyn granted EPA Part 79 approval for renewable gasoline

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The RTP pyrolysis process is based on the application of a hot “transported” bed (typically sand) that is circulating between two key vessels. Feedstocks are subjected to fast, intimate contact with the hot sand for under a few seconds, resulting in the thermal cracking of the feedstock to gases and vapors.

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Ensyn receives EPA regulatory approval for its cellulosic renewable diesel RFDiesel

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FCC units are found in most refineries worldwide and are used to produce gasoline and diesel from vacuum gas oil (VGO). The RTP pyrolysis process is based on the application of a hot “transported” bed (typically sand) that is circulating between two key vessels. The RTP process is actually an analog to FCC.

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