Saturday, January 19, 2019

Biofuels News

Eelectrification: Re-engineering a Low-carbon O&G Industry

© eaumstocker / Adobe Stock

Cleaner and greener: Azeez Mohammed, president & CEO of GE's Power Conversion business, discusses the key role of electrification technology in decarbonizing the oil…

'World's First' Zero Emission Marine Biofuel Test Successful

Pic: GoodFuels

Netherlands-based supplier of sustainable low carbon marine fuels GoodFuels Marine in conjunction with bulker and tanker owner and operator NORDEN A/S,  has successfully…

Perenco Acquires Polo Nordeste Fields

Image: Petrobras

Petrobras says it reached a USD370mln deal with Perenco to sell its operations in the Polo Nordeste and granted oil 3R Petroleum a 40-year concession to operate 34 oil…

EU Lawmakers Set Energy Efficiency, Renewables Targets

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European Union lawmakers on Tuesday targeted energy savings of 32.5 percent and a renewable energy uplift of 32 percent by 2030, in a push to meet the bloc's pledge…

Singapore Funds Green Marine Fuel Program

Dr Lam Pin Min, Senior Minister of State, Ministry of Transport and Ministry of Health. Photo: Maritime and Port Authority of Singapore

Maritime and Port Authority of Singapore (MPA) has allocated about USD 3.64 million under the Green Energy Programme to support the development and use of cleaner alternative…

Exxon Brazil to Focus on Drilling and Production

Exxon Mobil Corp will focus on drilling and production in Brazil now that it has made extensive acquisitions of oil blocks in the country, the company's chief executive officer in Brazil…

Exxon Brazil to Focus on Drilling and Production - CEO

Exxon Mobil Corp will focus on drilling and production in Brazil now that it has acquired lots of oil blocks in the country, the company's chief executive officer in Brazil, Carla Lacerda, said on Thursday

Valero, Marathon Beat Profit Estimates as Refining Margins Rise

Photo courtesy of Valero

Two of the biggest independent oil refiners in the United States beat Wall Street profit estimates on Thursday as greater processing of cheap, light crude from West…

EPA Scraps Plan to Force US Refiners to Blend More Biofuels

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The U.S. Environmental Protection Agency ditched a detailed plan that would have forced refiners to blend more biofuels into their gasoline and diesel in 2019 to compensate…

Fate of Argentine Biodiesel Industry Hinges on EU Sanctions

File Image (CREDIT: AdobeStock / (c) scanrail)

Argentina's biodiesel industry is at risk after the European Union threatened to impose tariffs on imports from the South American country, following accusations that…

EPA Proposes 2019 Biofuel Requirements

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The U.S. Environmental Protection Agency proposed setting a 19.88 billion gallon biofuels blending mandate for 2019 under the Renewable Fuel Standard, according to a statement seen by Reuters.

Exxon Shareholders Reject Proposal to Split CEO, Chair Roles

Exxon Mobil Corp shareholders rejected a proposal on Wednesday that would have split the roles of chairman and chief executive, securing CEO Darren Woods's role as he…

GoodFuels Closes Growth Investment Round with Social Impact Ventures

Photo: GoodFuels

Pioneer and market leader in sustainable, advanced biofuels for the shipping and heavy land transport sectors, GoodFuels, has secured a major investment round with Amsterdam…

Zero Emission Ships: Comparing Fuel Choices

Image: Sustainable Shipping Initiative

There's a new report out from the Sustainable Shipping Initiative (SSI) -- authorted by Lloyds Register (LR) and University Maritime Advisory Services (UMAS) -- that…

Petrobras Seeks Partnerships

Photo courtesy Petrobras

Petrobras informs that it has started the disclosure stage of two divestment opportunities (Teasers) related to the sale of its interest in refining and logistics in Northeast and South regions of Brazil.

Neste Beats Market Expectations, Shares Soar

File Image (CREDIT: AdobeStock / © scanrail)

Finnish oil refiner and biofuel producer Neste posted its highest ever quarterly result on Thursday, helped by a U.S. tax break and profitable biofuel production. Shares…

Shell to Sell its Downstream Business in Argentina

Shell has signed an agreement to sell its Downstream business in Argentina to Raízen for $0.95 billion in cash proceeds at completion, subject to customary closing conditions.

Britain: Biofuel Targets Will Reduce Diesel Reliance

File Image (CREDIT: AdobeStock / © scanrail)

British biofuel targets coming into force this weekend will double the use of renewable fuels in the UK transport sector in 15 years and reduce reliance on imported diesel, the government said on Friday.

Solar Power Eclipsed Fossil Fuels in New 2017 Generating Capacity

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Chinese solar power led a record 157 gigawatts (GW) of new renewable energy capacity added worldwide last year, more than double the amount of new generation capacity from fossil fuels…

Report: Decarbonize Maritime by 2035

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While the notion that maritime transport could be "zero-carbon shipping" by 2035 may seem fallacy to the majority, a new report reviews the pathways to zero-carbon shipping.