article thumbnail

Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

Green Car Congress

Additional payments of up to $550 million could be payable by Total in case of an improvement in the oil markets in the coming years. This transaction will bring to Total: 2.5 MTPA of liquefaction capacity to reinforce Total's existing portfolio, bringing it to 23 MTPA by 2020, with 16.6%

Global 150
article thumbnail

DOE Makes First Awards from $1.4B for Industrial Carbon Capture and Storage Projects

Green Car Congress

Chu said that it was highly unlikely that the US, Russia, China and India, which account for two-thirds of the coal reserves, “ will turn their back on coal anytime soon.”.for About 85% of the CO 2 from the process stream will be captured and over 5 million tons sequestered into a depleted oil or gas field. DOE Share: $3,014,666).

Carbon 210
article thumbnail

UOP looking to biomass catalytic pyrolysis to expand volumes of renewable hydrocarbon fuels

Green Car Congress

Fats and greases and inedible oils are opportunity feedstocks, but the US supply of fats and greases is probably on the order of less than 10 million barrels, closer to 1-2 million barrels on an annual basis. That plant, in Norco, Louisiana, will have the capacity to produce more than 9,300 barrels per day of renewable diesel product.

Renewable 247
article thumbnail

Starlink Maritime is now available for ocean-going vessels.

Teslarati

Starlink Maritime is primarily for all types of sea-going vessels including merchant vessels, oil rigs, and even premium yachts. Elon Musk provided Ukraine with thousands of Starlink terminals which has helped the nation stay online despite the continuous attacks from Russia. And it’s not just ships and boats that would benefit.