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Petrixo selects UOP Green Fuels technology for renewable jet and diesel in UAE

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UOP LLC, a Honeywell company, announced that its green fuels process technology has been selected by Petrixo Oil & Gas to produce renewable jet fuel and renewable diesel at a new refinery to be built in Fujairah, United Arab Emirates. The process technology is capable of processing a variety of renewable feedstocks.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil remains the world’s leading fuel, but its 33.1% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1%

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Size of the diameter of the circle represents the size of the project.

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GE joins Sustainable Bioenergy Research Consortium to support the development of sustainable alternative fuels

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The UAE-based Sustainable Bioenergy Research Consortium (SBRC), a nonprofit, research consortium established to develop technology with the promise of producing sustainable bioenergy, announced GE as its newest member. The project is based upon an integrated, closed-loop system.