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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

Green Car Congress

The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.

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Dynamic Fuels and Mansfield to supply Norfolk Southern with renewable diesel; first fleet user of renewable diesel in US

Green Car Congress

Dynamic Fuels, LLC and Mansfield Oil Company have signed an agreement to supply renewable diesel to Norfolk Southern Corporation, one of the US’ largest transporters of coal and industrial products. Dynamic Fuels, a 50/50 venture owned by Tyson Foods, Inc. Dynamic Fuels, a 50/50 venture owned by Tyson Foods, Inc.

Renewable 210
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KiOR and Catchlight Energy sign feedstock supply agreement

Green Car Congress

developer of a catalytic pyrolysis process to produce renewable oil from biomass, and Catchlight Energy LLC (CLE), a 50-50 joint venture between subsidiaries of Chevron Corporation and Weyerhaeuser Company focused on providing liquid transportation fuels from sustainable forest-based resources, have signed a feedstock supply agreement.

Supplies 186
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BIOX and World Energy JV to acquire & operate 90M USG biodiesel plant in Houston; 3rd-largest biodiesel plant in NA

Green Car Congress

BIOX Corporation and World Energy announced a 50/50 joint venture to acquire and operate a 90 million US gallon (USG) (341 million liter) biodiesel production facility in Houston, Texas. It is a large scale asset that is well positioned to supply biodiesel for compliance with the Federal Renewable Fuel Standard in the US market.

Houston 150
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15 Air Carriers Sign Non-Binding MOUs on Synthetic Jet Fuel Purchases with Two Providers: AltAir and RenTech

Green Car Congress

A core group of 15 commercial airlines has signed non-binding memoranda of understanding (MOUs) for negotiating purchases from two different producers of synthetic jet fuel: AltAir Fuels LLC and RenTech Inc. These alternative fuels will be more environmentally friendly, on a life cycle basis, than today’s petroleum-based jet fuels.

Purchase 225
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KiOR signs second offtake agreement for renewable gasoline and diesel blendstocks

Green Car Congress

CLE’s purchase of products is contingent on, among other things, satisfaction of product specification criteria and RIN certification of the products as cellulosic biofuels under the US Renewable Fuel Standard. Re-Crude is refined into gasoline and diesel blendstocks that are compatible with existing fuel infrastructure.

Gasoline 170
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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

Green Car Congress

Chevron Corporation announced a $32.7 By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 Approximately 87% of the 2012 spending program is budgeted for upstream crude oil and natural gas exploration and production projects. billion capital and exploratory spending program for 2012.

Chevron 170