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2020 Thanksgiving week gasoline consumption in US lowest since 1997

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New Jersey is the hardest hit state, with gasoline volumes plunging by nearly 30% from 2019. The data speaks to a major problem for the petroleum industry and oil prices as it recovers from unprecedented demand declines for most of 2020. The Midwest was off 23.3% and 1.1%, respectively.

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PBF considering $550M investment to convert idled refinery unit to renewable diesel production

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The refinery’s parent company, PBF Energy, would make a $550-million capital investment to retrofit a hydrocracker unit—out of operation since 2010—with new technology to accommodate renewable diesel production. The company also is expected to utilize the state’s Quality Jobs and Industrial Tax Exemption programs.

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BASF to start up new FCC catalysts testing and research lab in Germany; addressing the impact of the North American tight oil market

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After the gas oil is cracked via the catalyst, the resulting effluent is separated based on various boiling points into several intermediate products, including butane and lighter hydrocarbons, gasoline, light gas oil, heavy gas oil, and clarified slurry oil.

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California EV adoption driving steady decline in emissions: study

Teslarati

Cohen also notes that the majority of carbon dioxide emissions come from the transportation sector, as well as wintertime heating and heavy industry such as oil refineries. million units in 2023 , according to Cox Automotive data, with California , Washington, New Jersey, Connecticut and Texas making up the top five adopters.

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X PRIZE Foundation Announces Wendy Schmidt Oil Cleanup X CHALLENGE

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Million Wendy Schmidt Oil Cleanup X CHALLENGE. The new prize was announced in Washington, DC by X PRIZE Chairman Peter H. The Wendy Schmidt Oil Cleanup X CHALLENGE has two phases: Phase I. Exxon Valdez), land drainage, waste disposal, or oil platform spill (e.g. million prize purse. Dave Gallo, Ph.D., Deepwater Horizon ).

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KLM to operate regular biofuel-powered flights between JFK and Schiphol

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KLM Royal Dutch Airlines will operate a new series of biofuel-powered intercontinental flights in partnership with Schiphol Group, Delta Air Lines and the Port Authority of New York and New Jersey. The sustainable fuel is obtained from used cooking oil. The flights to New York are the next step.

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ExxonMobil develops efficient new technology to dehydrate natural gas; exclusive license to Sulzer

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By leveraging our industry-leading experience with upstream applications, our researchers were able to create this advanced natural gas dehydration technology, which represents a step-change in operational efficiency and a significant reduction in footprint. —Torsten Wintergerste, president of Sulzer’s Chemtech division.

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