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Aemetis India Plant to supply $41M of biodiesel in two-month period to OMCs and India oil refiners

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Aemetis announced that its Universal Biofuels subsidiary in India, owner and operator of a biodiesel plant located near the Port of Kakinada on India’s east coast, was selected by the three government-controlled oil marketing companies (OMCs) and a major oil refiner to supply approximately 8,000,000 gallons of biodiesel over the next two months.

India 243
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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. Cepsa is already working on the engineering and administrative processing of the project.

Hydrogen 397
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Neste Oil strengthens algae oil procurement program for renewable diesel with a new off-take agreement

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Neste Oil and Renewable Algae Energy (RAE), a US-based algae biomass producer, have signed a contingent commercial algae oil off-take agreement. Algae oil is one of the alternatives being researched by Neste Oil for use as a feedstock for producing NEXBTL renewable diesel in the future.

Oil 210
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Aemetis wins $6M biodiesel supply contract with India Government oil companies

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announced that its Universal Biofuels subsidiary has won a $6-million first contract to supply biodiesel to the India government-owned Oil Marketing Companies (OMC) in a public tender process. Aemetis, Inc. —Eric McAfee, Chairman and CEO of Aemetis.

India 150
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Cohort of new stakeholders joins Open Hydrogen Initiative

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Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4

Hydrogen 482
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Neste Oil and Raisioagro to research the potential of straw as a renewable diesel feedstock via microbial oil

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Neste Oil, developer of the NExBTL process for renewable diesel, and agritrader Raisioagro have launched a research project to investigate the potential of straw as a raw material for producing NExBTL renewable diesel via Neste’s microbial oil technology. The cells are then harvested and the oil recovered.

Oil 218
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The $32-Trillion Push To Disrupt The Entire Oil Industry

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Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

Oil 231