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Alphabet Energy closes $23.5M Series C; thermoelectric waste-heat-to-power for oil & gas and automotive

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Schlumberger, a new investor from the oil and gas industry, led the round with participation from GM Ventures and Osceola Capital Management, LLC. The new capital will be used to scale Alphabet Energy’s production for the oil and gas and automotive industries, both under intense regulatory pressure to curb emissions.

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China’s first integrated methanol-to-hydrogen and hydrogen refueling service station now in operation

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An upgrade from the previous fueling station offering oil, gas, hydrogen, electric charging services, the integrated complex can produce 1,000 kilograms of hydrogen a day, with a purity of 99.999%. China produces the most methanol in the world, accounting for 60% of the global total. Sinopec Fuel Oil Sales Co.,

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bp acquires 30% stake in Green Biofuels, UK’s largest provider of hydrogenated vegetable oil fuels

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bp has acquired a 30% stake in Green Biofuels Ltd (GBF), the UK’s largest provider of hydrogenated vegetable oil (HVO). GBF’s products are made from renewable feedstocks such as vegetable oils, animal oils and fat. It is fully compatible with gas oil and significantly cleaner than EN590 (automotive diesel fuel).

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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.

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In a US first, the oil and gas sector will pay fines for excess methane emissions

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Photo by Juan Mt on Pexels.com The US Environmental Protection Agency (EPA) will fine oil and gas companies for emitting excess methane – the first federal government tax ever on greenhouse gas emissions. It’s responsible for around one-third of global warming. EPA administrator Michael S. (D-NJ), Get started here. –

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Baker Institute team says fossil fuel subsidies need global reform

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There is evidence that fossil fuel subsidies are socially inequitable, that they encourage smuggling and waste, and distort economies in ways that undermine economic efficiency while harming the environment and the climate,” wrote Jim Krane, the Wallace S. 5 consumer of oil,” Krane said. 5 consumer of oil,” Krane said.

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Neste and CIM collaborate to supply sustainable aviation fuel to France to support SAF blending obligations

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Neste and CIM, part of NOVEN Group in France, the leading independent French group of companies providing oil storage and supply services, are collaborating to enable the supply of Neste MY Sustainable Aviation Fuel into France. Neste is committed to contribute significantly as we are increasing our global SAF production capacity to 1.5

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