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BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

Green Car Congress

BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. The effective upgrading of alcohols to gasoline, diesel, and jet fuels.

Gasoline 321
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Study finds GHG emissions from corn ethanol now 46% lower than gasoline

Green Car Congress

A new study by a team from Environmental Health & Engineering (EH&E) has found that greenhouse gas emissions from corn ethanol are 46% lower than those from gasoline—a decrease in emissions from the estimated 39% done by previous modeling. gCO 2 e/MJ) which is 46% lower than the average carbon intensity for neat gasoline.

Gasoline 493
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EIA expects US petroleum trade to shift toward net imports during 2022

Green Car Congress

In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d.

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Topsoe enters agreement with Steeper Energy to introduce complete waste-to-biofuel solution

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Topsoe and Steeper Energy , a developer of biomass conversion technologies, signed a global licensing agreement for a complete waste-to-fuel solution. The process conditions are carefully chosen to promote reaction pathways that favor high yields of high-quality renewable oil.

Waste 293
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Phillips 66 makes final investment decision for $850M conversion of refinery to renewable fuels facility; commercial operation in 1Q 2024

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Upon completion of Rodeo Renewed, the converted facility will no longer process crude oil and instead use waste oils, fats, greases and vegetable oils to produce an initial 800 million gallons per year (over 50,000 barrels per day) of renewable transportation fuels, including renewable diesel, renewable gasoline and sustainable aviation fuel.

Renewable 195
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UC Davis process produces gasoline-range hydrocarbons from biomass-derived levulinic acid; field-to-tank yield of >60% claimed

Green Car Congress

Researchers at the University of California, Davis have developed a process for the production of branched C 7 –C 10 hydrocarbons in the gasoline volatility range from biomass-derived levulinic acid with good yield, operating under relatively mild conditions, with short reaction times. barrels of oil (117.6 barrels of oil (117.6

Davis 360
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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also continued his calls for the oil industry to increase refinery capacity to increase production.

Congress 259