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3 Oil Majors That Bet Big On Renewables

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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.

Oil 418
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Novvi LLC begins production of 100% renewable base oils & process oils

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Novvi LLC announced the successful start-up of its Deer Park, TX plant, where it is manufacturing and marketing 100% renewable base oils ( NovaSpec Base Oils ) for the lubricants industry, and 100% renewable process oils for polymer, adhesives, and personal care industries.

Oil 247
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Grön Fuels selects Haldor Topsoe technologies for multi-billion-dollar renewable fuels complex in Louisiana

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Grön Fuels, LLC’s renewable diesel and jet fuel option facility at the Port of Greater Baton Rouge is based on Topsoe’s proprietary HydroFlex hydrotreating and H2bridge hydrogen technologies, including an option to capture ~1 million tons per year of bio-CO 2 for carbon sequestration in suitable deep saline aquifers located below the project site.

Renewable 397
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Aemetis signs $3B, 10-year supply agreement for 450M gallons of renewable diesel with industry-leading travel stop company

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Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. The industrial site has 710,000 s.f.

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Nextchem and Saola Energy partner to deliver renewable diesel technology

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NextChem, an Italian renewable energy technology company, is partnering with Kansas-based Saola Energy to support the production of renewable diesel from vegetable oils and residual fats. Renewable diesel commands a substantial premium over biodiesel.

Renewable 243
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Tüpra? and Honeywell sign licensing agreement for the use of Honeywell UOP Ecofining technology; renewable diesel and SAF

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will license Honeywell UOP Ecofining technology to produce biofuels from feedstocks such as used cooking oil and waste animal fat at their refinery in Izmir, Türkiye. The new Ecofining plant is being designed to convert approximately 8,300 barrels per day of waste feeds/feedstocks to SAF, renewable diesel, and other products.

Renewable 195
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Diamond Green Diesel to more than double renewable fuel capacity using second Honeywell Ecofining unit; 675M barrels renewable diesel per year

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will more than double its annual production of renewable diesel with the completion of a second Honeywell Ecofining process unit with a capacity of 30,000 barrels per day (bpd). The Diamond Green Diesel facility converts inedible oils and other waste fats into a high-quality renewable diesel fuel. and Darling Ingredients Inc.,

Diesel 397