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US Treasury allows Chevron to resume oil production in Venezuela, delivery to US only

Green Car Congress

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Venezuela General License (GL) 41 , authorizing Chevron Corporation to resume limited natural resource extraction operations in Venezuela. from receiving profits from the oil sales by Chevron. Chevron currently holds a 39.2% Chevron also holds a 25.2%

Venezuela 358
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Indian Oil signs MOU with LanzaJet on sustainable aviation fuel production in India

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Indian Oil Corporation, India’s leading energy major, has entered into a memorandum of understanding (MOU) with LanzaJet to explore the development of sustainable aviation fuel (SAF) production in India. As a rapidly developing country, India’s energy transition will play a pivotal role in global energy markets.

India 170
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Westinghouse, Bloom Energy to accelerate large-scale hydrogen production in nuclear industry; high-temperature integrated electrolysis

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Westinghouse Electric Company and Bloom Energy Corporation have entered into a Letter of Intent to pursue clean hydrogen production in the commercial nuclear power market. Solid oxide technology is well suited for nuclear applications, efficiently harnessing steam to further improve the economics of hydrogen production.

Hydrogen 319
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DOE to award $118M to 17 projects to accelerate domestic biofuel production

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The US Department of Energy (DOE) will award some $118 million in funding for 17 projects to accelerate the production of sustainable biofuels. Topic Area 1: Pre-Pilot Scale-Up of Integrated Biorefineries Algenesis Corporation, “Pre-Pilot Scale Production of Algae-based Jet Fuel and Polyurethane Monomers”, $4,987,974.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Indian Army ties with Indian Oil Corporation to receive hydrogen fuel cell bus – ET Auto

Baua Electric

New Delhi: The Indian army is going to demonstrate trials of hydrogen fuel cell bus technology along with Indian Oil Corporation Limited ( IOCL ) for displaying a firm resolve towards finding green and sustainable transport solutions. The process leaves water vapour as the only by-product, thus ensuring zero emission.

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United and partners launch $100M + fund to accelerate SAF research, production and technologies

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United has launched the United Airlines Ventures Sustainable Flight Fund, an investment vehicle designed to support start-ups focused on decarbonizing air travel by accelerating the research, production and technologies associated with sustainable aviation fuel (SAF). That's the only way we can actually decarbonize aviation.