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Imperial Oil and E3 Lithium partner on lithium pilot project, redeveloping historic oil field

Green Car Congress

The pilot will support E3 Lithium’s Clearwater project, which will draw lithium from under the Leduc oil field, Imperial’s historic discovery that first launched major oil and gas development in Western Canada. This liquid is immediately returned underground as part of a closed-loop system.

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Review of co-processing of biocrudes in oil refineries

Green Car Congress

Liquid intermediates from pyrolysis and hydrothermal liquefaction (HTL) can be co-processed in an oil refinery along with conventional crude oil. After pyrolysis, the vapors are condensed to give a dark brown fast pyrolysis bio-oil (FPBO). In fast pyrolysis, biomass is quickly heated to around 500 °C in the absence of oxygen.

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EIA expects new production milestones for US crude oil amid sustained global petroleum demand and rising prices

Green Car Congress

The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023. per gallon.

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T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

Green Car Congress

Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries.

Oil 370
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BASF investing €16M into tire pyrolysis oil company Pyrum as part of ChemCycling project

Green Car Congress

BASF will uptake most of the pyrolysis oil and process it into new chemical products by using a mass balance approach as part of its ChemCycling project. Future investors in the technology can have the certainty that the pyrolysis oil produced will be taken up by BASF to produce high-performance chemical products.

Oil 259
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Production of renewable diesel restarted at the expanded part of Neste’s Singapore refinery after operational shutdown

Green Car Congress

The production line at the expanded part of the refinery was shut down in June for unexpected equipment repairs. The ramp-up of the production at the expanded part of the refinery continues and is planned to be completed by the end of the year. In the production of the fuel, crude oil is partly replaced with renewable raw materials.

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IEA issues 10-point plan to cut oil use

Green Car Congress

In the face of the emerging global energy crisis triggered by Russia’s invasion of Ukraine and the countervailing barrage of economic sanctions, the International Energy Agency (IEA) is proposing a 10-Point Plan to Cut Oil Use. IEA claims that its plan would lower oil demand by 2.7

Oil 370