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Technip, EGPC and ASORC agreement for $1.5B modernization of Egypt’s Assiut Refinery; maximizing diesel

Green Car Congress

Technip Italy SpA announced the finalization of a joint agreement with Egyptian General Petroleum Corporation (EGPC) and Assiut Oil Refining Company (ASORC) for the $1.5-billion According to the agreement, Technip will now start activities for the project, as well as providing support to ensure project financing.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ by Bill Cooke. Billion vs. $28.3

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EIB lends €65 million to Mossi and Ghisolfi Group for production of second-generation bioethanol

Green Car Congress

Biochemtex’s 2013-2016 investment program concerns research carried out in facilities in Rivalta Scrivia (Piedmont) and Modugno (Puglia) in Italy to improve the technologies for converting non-food biomass to biofuels and other chemical molecules with industrial applications including ethylene glycol, a raw material used in the production of PET (a (..)

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal.

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Is Europe’s Nuclear Phaseout Starting to Phase Out?

Cars That Think

In the depths of the 1970s oil crisis, French prime minister Pierre Messmer saw an opportunity to transform his country’s energy supply. Italy hasn’t hosted nuclear power at all since 1990. Spain plans to start phasing out in 2027. So, incidentally, will natural gas, which the current German government actually favored.)

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Novozymes introduces its latest enzyme technology for cellulosic biofuels; performs 1.5x better than predecessor

Green Car Congress

With our new product, Cellic CTec3, and the first plants starting commercial production, this is a huge step forward in the transition from an oil-based economy to a bio-based economy. The first plants start commercial production of advanced biofuels this year. —Novozymes’ CEO Steen Riisgaard.

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The Case for Nuclear Cargo Ships

Cars That Think

based TerraPower and London- and Italy-based Newcleo should be safer and simpler to operate than conventional reactors. And the reactors themselves are getting better, too: Fourth-generation small modular reactors (SMRs) being developed by companies including U.S.-based