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

Green Car Congress

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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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

Green Car Congress

New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

Oil 305
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Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

Green Car Congress

Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. Proton Technologies is commercializing the process.

Oil-Sands 375
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Aemetis wins $6M biodiesel supply contract with India Government oil companies

Green Car Congress

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.

India 150
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Association of Independent Oil Distributors to handle Universal Lubricants line of recycled oils

Green Car Congress

Universal Lubricants and the Association of Independent Oil Distributors (AIOD) have created a strategic supply and distribution relationship that will enable the association’s members to sell the Universal’s ECO ULTRA motor oil—made with up to 85% recycled oil—to professional installers across the country.

Oil 199
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The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

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
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How crude-oil prices influence gasoline prices

Green Car Congress

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. for a 10-day lag.