Sunday, March 7, 2021

Biofuels News

US Oil Industry Group Pledges to Fight Possible Biden Fracking Limits

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If U.S. President-elect Joe Biden tries to restrict development of oil and gas drilling on federal lands, the American Petroleum Institute (API) will use "every tool…

Shell to Slash Jobs and Capacity at Major Singapore Refinery

Illustration; Credit: Rex Wholster/AdobeStock

Royal Dutch Shell will halve crude processing capacity and cut jobs at its Pulau Bukom oil refinery in Singapore as part of an overhaul to reduce its carbon emissions.The refinery on Pulau Bukom…

Malaysia to Sue EU Over Palm Biofuel Restrictions

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Malaysia, the world's second-largest palm oil producer, will take legal action against the European Union's restrictions on palm oil-based biofuels with the World Trade Organization (WTO)…

Gunvor Returns to Profit in 2019

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Energy trader Gunvor Group returned to profit in 2019 after its first net loss a year earlier, helped by record earnings in its U.S. division, and said business so far…

Technology: Greenhouse Gas Emission Capture and Storage to the Fore

Hydrate crusts formed within ocean floor sediments ensure the encapsulation and safe and effective containment of captured CO2. Image: MDC

Greenhouse gas emissions capture and storage may be a more practical alternative to emissions reduction for meeting the IMO’s 2050 CO2 target. Tom Mulligan reports.Shipping…

Taiwan Gets 1st Carbon Neutral LNG Shipment

Taiwan accepted its first carbon neutral shipment of liquefied natural gas (LNG). State-owned CPC Corporation, a natural gas, and gasoline company in Taiwan announced…

Total CEO: Governments Not Oil Firms Must Drive Carbon Curbs

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It is up to governments to drive decarbonisation and consumers will have to pay more to achieve carbon neutrality, Total's chief executive said, adding the French firm…

Hapag-Lloyd Trials Biofuel

German shipping major Hapag-Lloyd announced that one of its ships recently refueled in Rotterdam with an eco-friendly biofuel, as part of its plan to reduce CO2 emissions."For the first time…

Fire-Damaged Philadelphia Oil Refinery Heads for Auction

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The fate of the largest East Coast oil refinery is set to be decided on Friday in an auction that could determine whether the Philadelphia plant is restarted or used…

IRENA: Shipping Industry Must Cut Emissions

The International Renewable Energy Agency (IRENA) highlighted the importance of reducing shipping emissions and following the path towards a carbon-zero industry, in…

Big Corn, Big Oil Unhappy with Fed's Biofuel Plan

File Image: an Ethanol Processing Plant (AdobeStock / © Jason Lee)

Corn farmers, ethanol producers, refinery representatives, energy traders and state and local officials from the Midwest all blasted away at the Trump administration's…

Angola Hopes Reforms Will Aid Oil Assets Sales

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Angola is hoping sweeping economic reforms will smooth an ambitious plan to sell key state assets, including stakes in oil company Sonangol, a share of Puma Energy and…

Wärtsilä Forms New Biofuel Arm

Finnish shipping technology group Wartsila has merged its Puregas Solutions and biogas liquefaction teams to form a new Biogas Solutions unit that will offer its customers…

Eni, Lombardy Pact on Sustainability

Italy's Lombardy Region and Italian energy company Eni signed a Memorandum of Understanding (MoU) for long-term sustainable growth at Eni’s refinery in Sannazzaro de' Burgondi.Attilio Fontana…

US Leads World Oil Reserves

The United States has a world-leading 293 billion barrels of recoverable oil resources, which is 20Bbbl more than Saudi Arabia and 100Bbbl more than Russia, with the…

Renewable Energy Brings 11 Million Jobs

According to the International Renewable Energy Agency (IRENA) eleven million people were employed in renewable energy worldwide in 2018. This compares with 10.3 million…

ExxonMobil to Redevelop Angola Block 15

American multinational oil and gas corporation ExxonMobil and its partners said that they will further invest in Block 15 offshore Angola to increase production as part…

Shell to Invest $2 Bln per Year in Brazil

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Royal Dutch Shell has plans to invest about $2 billion per year in Brazil through 2025, Chief Executive Ben van Beurden told newspaper Valor Econômico in an exclusive…

Shell Faces Lawsuit From Environmentalists

Environmentalist and human rights groups said on Friday they had started a lawsuit against Royal Dutch Shell in the Netherlands to force the energy firm to cut its reliance on fossil fuels.The groups, incl

Senate Confirms Wheeler to lead EPA

The U.S. Senate on Thursday confirmed President Donald Trump's candidate, a former coal lobbyist, to lead the nation's top environmental regulator, infuriating Democrats…