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Delek sells AltAir renewable diesel/jet business to World Energy for $72M

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Vandewater Capital Holdings, the lead investor and controlling shareholder of AltAir Fuels from its inception in 2013 until Delek acquired a controlling stake in October of 2015, brought AltAir from concept to a leading refinery of renewable fuels. Delek US Holdings, Inc. The logistics operations consist of Delek Logistics Partners, LP.

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BP Plans to Deploy Subsea Oil Recovery System in 6-8 Days, Weather Permitting

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Concept of the subsea oil recovery system. The system is designed to collect hydrocarbons from the well and pump them to a tanker at the surface, where they will be stored and shipped ashore. The oil will then be temporarily stored before being offloaded and shipped to a designated oil terminal onshore. Not to scale.

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DOE Makes First Awards from $1.4B for Industrial Carbon Capture and Storage Projects

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Projects selected include large-scale industrial carbon capture and storage projects that capture carbon dioxide emissions from industrial sources—such as cement plants, chemical plants, refineries, paper mills, and manufacturing facilities—and store the carbon dioxide in deep saline formations and other geologic systems.

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