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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com.

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Chevron / Toyota road trip demonstrates renewable gasoline blend

Green Car Congress

Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. During the tour, Chevron representatives will talk with members of the public about the benefits of lower carbon fuels such as biofuels and renewable gasoline blend.

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Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

Green Car Congress

signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Casterra’s high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy.

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Production of renewable diesel restarted at the expanded part of Neste’s Singapore refinery after operational shutdown

Green Car Congress

The production of renewable diesel at Neste’s Singapore refinery expansion has been restarted in early August, according to the company’s plans. With the growth projects in Singapore and Martinez, the company targets to increase its total nameplate capacity of renewable products to 5.5 million tons in early 2024. Neste Marine 0.1

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Shell renewables head steps down after CEO shifts company focus back to oil and gas

Electrek

Less than two years into his tenure as head of Shell’s renewables business, Thomas Brostrøm is exiting the company to “pursue an external opportunity,” according to a spokesperson for the company. more… The post Shell renewables head steps down after CEO shifts company focus back to oil and gas appeared first on Electrek.

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Oil sands company Suncor Energy strengthens its focus on hydrogen and renewable fuels, divesting wind and solar

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Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. In 2002, Suncor partnered with Enbridge to build one of the first renewable.

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DOE awards $8.4M for accessing geothermal potential from abandoned oil and gas wells

Green Car Congress

million to establish new geothermal energy and heat production from abandoned oil and gas wells. This work also supports the creation of new clean energy jobs, helping transition some of the oil and gas workforce to the production of renewable energy. ICE Thermal Harvesting (Houston, TX).

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