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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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Bad News: Record Oil Imports into China in 2023

CleanTechnica EVs

China is well known as the world’s leading electric vehicle (EV) market. It is a standard of the rapid, uplifting EV revolution. continued] The post Bad News: Record Oil Imports into China in 2023 appeared first on CleanTechnica. More than half of the world’s EV sales have occurred there in recent years.

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bp starts oil production at Argos platform in the Gulf of Mexico; first new platform since 2008

Green Car Congress

bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. Argos is the centerpiece of bp’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. Earlier post.) bp is the operator with 60.5%

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EPA proposes new pollution standards for fossil fuel-fired power plants

Green Car Congress

The US Environmental Protection Agency (EPA) has proposed new CO 2 standards for coal and natural gas-fired power plants. Through 2042, EPA estimates the net climate and health benefits of the standards on new gas and existing coal-fired power plants are up to $85 billion.

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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

Green Car Congress

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017.

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EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

Green Car Congress

The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA.

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EPA proposes Renewable Fuel Standard (RFS) volumes for 2023-2025; seeking input on future modifications

Green Car Congress

The US Environmental Protection Agency (EPA) issued a multipart proposal for required volumes of biofuel under the Renewable FUel Standard (RFS) for the next one to three years and on a series of modifications to the program. Supplemental standard. EPA’s data from the RFS program show that the US market reached 3.1

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