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IHS Markit: US oil producers to halt 1.75 MMb/d per day of production; Canada to cut 0.5 MMb/d

Green Car Congress

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action.

Oil 186
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Avfuel invests in Alder Fuels; 1B-gallon SAF offtake agreement

Green Car Congress

Avfuel Corporation is making a multimillion-dollar investment in Alder Fuels—a company that is developing technologies for producing sustainable aviation fuel (SAF) at scale by converting abundant biomass into sustainable low-carbon, drop-in replacement crude oil that can be used in existing refineries to produce aviation fuel.

Fuel 199
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BIOX to supply Shell Canada with biodiesel via inter-terminal pipeline

Green Car Congress

BIOX Corporation (BIOX) will supply biodiesel to Shell Canada Limited via an inter-terminal pipeline. This agreement provides Shell Canada access to a secure, stable supply of renewable content for our diesel with the most efficient logistics possible. The connection is expected to be completed by late 2013.

Canada 218
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NuScale Power secures $40M, support for SMR deployment from JGC Holdings

Green Car Congress

NuScale Power has finalized an investment and strategic partnership agreement with JGC Holdings Corporation (JGC HD), a holding company of the world’s leading EPC contractor group companies headquartered in Japan. NuScale has signed and announced agreements with entities in the US and internationally.

Power 207
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TransCanada to proceed with $12B, 1.1M barrel/day Energy East oil pipeline project to Eastern Canada

Green Car Congress

TransCanada Corporation is moving forward with the 1.1 The conclusion of the successful open season confirmed strong market support for a pipeline with approximately 900,000 bbl/d of firm, long-term contracts to transport crude oil from the oil sands area in Western Canada to Eastern Canadian refineries and export terminals.

Canada 207
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Enterprise piloting program with Mansfield Oil for renewable synthetic diesel in airport shuttle buses; Dynamic Fuels product

Green Car Congress

Enterprise Holdings, owner and operator of the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, is piloting a program with Mansfield Oil Company to use renewable synthetic diesel fuel in its airport shuttle buses at Louis Armstrong International Airport in New Orleans and Houston Hobby Airport in Texas.

Renewable 218
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Dynamic Fuels and Mansfield Oil Company enter into commercial off-take and strategic alliance agreements for renewable diesel

Green Car Congress

and Syntroleum Corporation that produces synthetic fuels from animal fats and greases, has entered into strategic marketing alliance, commercial off-take and supply chain management agreements with Mansfield Oil Company to distribute renewable diesel to the commercial fleet vehicle market.

Renewable 210