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Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

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Alstom and MOL, Hungary’s leading oil and gas company, have signed a Memorandum of Understanding to structure cooperation in examining the use of hydrogen technology in rail transportation. To establish this infrastructure, Alstom already cooperates with oil and gas companies such as Linde in Germany, and Orlen in Poland.

Hungary 334
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SK Innovation to spin off battery business and E&P business

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SK Innovation has decided to spin off its battery production and exploration & production (E&P) business as independent companies. tentative name) will be in charge of oil exploration and production business, and the Carbon Capture & Storage (CCS) business. The SK E&P Co., Earlier post.). Earlier post.).

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Volkswagen continues to optimize its EA888 workhorse engine; fourth evolution in 2022 Golf GTI and R

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Volkswagen’s workhorse engine family—the four-cylinder EA888—is applied in much of the product portfolio—as well as that of many of the company’s subsidiary brands—in varying displacements and specifications. Built in Gyor, Hungary, these turbocharged and direct-injected EA888 Evo4 variants displace 2.0

Engine 397
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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

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The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. XTO is a US producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States.

Oil 186
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EU-Funded Project Targets Sustainable Production of Ethyl Levulinate from Biomass as Diesel Miscibile Biofuel

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Representation of DIBANET processes, products and linkages. An EU-funded research project is seeking to develop new technologies that will enable the sustainable production of diesel miscible biofuels (DMB) from cellulosic biomass wastes in Europe and Latin America. Pyrolysis of some or all of the SR to produce a bio-oil and a biochar.

Diesel 218
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Mercedes brings five new EVs to IAA Mobility

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With the Concept EQS, Mercedes-Maybach is providing a clear preview of the first fully electric series-production model for the luxury brand. A further all-electric model is also set to appear on this basis, the EQS SUV, which will go into series production in 2022, even before the Maybach. Concept Mercedes-Maybach EQS. to WLTP: 19.3-15.7

Mercedes 259
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Refineries in the Americas produce a greater share of gasoline per barrel of crude oil than refineries in other world regions

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When processing petroleum, refineries can produce products in varying amounts to meet regional demands. The International Energy Agency’s Monthly Oil Statistics shows that there are differences in refinery output throughout the world. Source: International Energy Agency, Monthly Oil Statistics, February 2020, Paris, France.,