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

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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. 41, whichever is later. 41, whichever is later.

Venezuela 358
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Neste Oil to recover CO2 at its renewable diesel refinery in Singapore

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Neste Oil Singapore Pte Ltd and National Oxygen Pte Ltd (NOX), one of the one of the largest industrial gas manufacturers in Singapore, have signed an agreement to install a carbon dioxide recovery and liquefaction plant at Neste Oil’s renewable diesel (NExBTL) refinery in Singapore.

Singapore 218
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Neste Oil sues Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods for infringement on NExBTL-related patent

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Neste Oil Corporation has filed a patent infringement action against Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods, Inc in the US District Court for the District of Delaware. Neste Oil is the world’s leading producer of premium-quality renewable diesel. Neste Oil has invested some €1.5

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Neste Oil sues Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods for infringement on NExBTL-related patent

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Neste Oil Corporation has filed a patent infringement action against Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods, Inc in the US District Court for the District of Delaware. Neste Oil is the world’s leading producer of premium-quality renewable diesel. Neste Oil has invested some €1.5

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Neste Oil launches sales of NExBTL renewable naphtha; plastics feedstock and biocomponent for gasoline

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Neste Oil—the world’s largest producer of renewable diesel—has launched the commercial production and sales of renewable naphtha for corporate customers; the company is one of the first to supply bio-naphtha on a commercial scale. Neste Oil also produces commercial volumes of NExBTL renewable aviation fuel.

Renewable 262
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California oil producer applies for LCFS credits for producing crude oil using solar-generated power

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Under California’s Low Carbon Fuel Standard (LCFS), crude oil producers may generate credits for oil that has been produced using innovative methods and delivered to California refineries for processing. Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity.

Oil 150
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BioJet Corporation and Camelina Producer Great Plains Oil Team to Produce Renewable Jet Fuels

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BioJet Corporation and Great Plains Oil & Exploration have executed a Teaming Agreement for the purpose of producing renewable jet fuels. In the teaming agreement, BioJet will bring its international network and management experience in developing renewable jet fuel projects. —BioJet CEO Mitch Hawkins.