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Singapore Boosting Carbon Capture Targets (Int'l. Report)
Singapore Economic Development Board
Date: 2021-11-24
The Singapore Economic Development Board reports it aims to increase the city state's carbon capture capacity to at least 2 million tpy by 2030 and to establish a carbon capture technology testbed on Jurong Island, which is dominated by a large oil refinery hub. The islands hosts BP, DuPont, Chevron, Singapore Petroleum Company, Singapore Refining Company along with Shell and ExxonMobile, both of which have expressed interest in building carbon capture facilities in the region.

Singapore is aiming to reach two million tonnes of carbon capture from carbon-intensive activities based around Jurong Island by 2030. It will aim for more than six million tpy of carbon abatement by 2050. To that end, the Board will work with sustainable industrial development government agency JTC (formerly the Jurong Town Corporation) and the Agency for Science, Technology and Research to study the feasibility of a carbon capture and utilization (CCU) test bed facility on Jurong.

Additionally, the Board has set a 2030 target for its energy and chemicals sector to boost their output of sustainable products (such as biofuels) by 50 pct compared with 2019 levels and by four times from 2019 levels by 2050.

Singapore's climate action plan to reach net-zero emissions by 2060 has been rated as "critically insufficient" by Carbon Action Tracker . According to the International Energy Agency (IEA) Singapore emitted more than 47 million tonnes of CO2 in 2019. (Source: Singapore Economic Development Board, E&T, 24 Nov., 2021) Contact: Singapore Economic Development Board, www.edb.gov.sg

More Low-Carbon Energy News Singapore news,  Carbon Capture news,  CCS. CCUS news,  


Brightmark, Chevron Deliver First Lawnhurst Farms RNG (Ind. Report)
Brightmark, Chevron
Date: 2021-11-03
Brightmark RNG Holdings LLC -- a joint venture partnership between Chevron U.S.A. Inc. and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC, the global waste solutions provider -- delivered first gas at its Lawnhurst site in Western New York. The previously announced partnership owns project companies across the U.S. to produce and market dairy biomethane, a renewable natural gas (RNG).

Lawnhurst Farm is one of three dairy farm partners in Western New York , each of which have signed supply agreements with Brightmark to provide the company with dairy manure that will serve as feedstock for the three existing anaerobic digesters on the farms. The digesters are designed to capture, extract, and clean the methane in the manure, then convert it into renewable natural gas -- when all three digesters are online, they are expected to produce almost 187,000 MMBtu per year, sufficient to drive approximately 3,000 18-wheeler trucks from San Francisco to New York City. (Source: Brightmark. Website PR, 1 Nov., 2021) Contact: Brightmark, Bob Powell, CEO, Cory Ziskind, (646) 277-1232, Cory.Ziskind@icrinc.com, www.brightmark.com; Chevron, Andy Walz, Pres. Americas Fuels & Lubricants, Tyler Kruzich, External Affairs, (925) 549-8686, TKruzich@chevron.com, www.chevron.com

More Low-Carbon Energy News Brightmark news,  Chevron news,  Biomethane news,  RNG news,  


Xebec, Brightmark Ink RNG Agreement (Ind. Report)
Xebec, Brightmark
Date: 2021-10-08
Montreal-headquartered Xebec Adsorption Inc. reports the signing of the first set of task orders under the previously announced Master Service Agreement (MSA) for an initial 18 BGX-Biostream™ units with Brightmark RNG Holdings LLC -- a Brightmark and Chevron U.S.A. Inc joint venture to own project companies across the U.S. to produce and market dairy biomethane, a renewable natural gas (RNG). The 18 units are expected to be deployed across 10 dairy RNG projects in Iowa, Wisconsin, Michigan and South Dakota.

Biostream's containerised and modular design makes it a one-of-a-kind offering for the North American agriculture industry as farmers look to maximise revenue and gain peace of mind with the support of Xebec's local Cleantech Service Network. The 18 units are expected to be deployed across 10 dairy projects in Iowa, Wisconsin, Michigan, and South Dakota. (Source: Xebec Adsorption Inc., Website PR, 7 Oct., 2021) Contact: Brightmark, www.brightmark.com; Xebec Adsorption Inc. Brandon Chow, Director, Investor Relations, 450.979.8700 ext 5762, bchow@xebecinc.com, www.xebecinc.com

More Low-Carbon Energy News Xebec news,   Brightmark news,  RNG news,  


Neste Offloading Base Oils Business to Chevron (M&A, Int'l.)
Neste, Chevron
Date: 2021-10-06
Helsinki-headquartered Neste Corporation is reporting an agreement to sell its existing base oils business to Chevron Corporation, one of the world's leading integrated energy companies, on undisclosed terms. Subject to regulatory and customary closing conditions, the deal is expected to close in Q1, 2022.

The agreement covers a combination of share and asset deals forming Neste's entire global base oils business. The parties have also agreed on a long-term offtake for Neste's base oils supply from Porvoo, Finland.

The sale will cover Neste's Porvoo base oils production volumes, its premium brand NEXBASE™, all formulation coverage associated with the brand, as well as a global marketing and distribution platform. Neste is also exiting the joint venture with Bapco and Nogaholding, and will no longer have presence in Bahrain. (Source: Neste, Website Release, 4 Oct., 2021) Contact: Neste, Thorsten Lange, Exec. VP, Heidi Peltonen, Team Lead, Sustainable Partnerships, Marketing & Services, +358 10 458 4128, www.neste.com

More Low-Carbon Energy News Neste,  Chevron,  


Clean Energy Systems Raises $15Mn for Bioenergy, CCS (Ind. Report)
Clean Energy Systems
Date: 2021-10-04
In the Golden State, Rancho Cordova-based Clean Energy Systems (CES) reports it has raised $15 million in a Series A funding round led by Carbon Direct Capital Management to support a carbon-negative power project in Mendota, California.

CES is collaborating with Schlumberger New Energy, Chevron and Microsoft to develop a plant that will convert local agriculture waste biomass into a renewable synthesis gas that will be mixed with oxygen in a combustor to generate electricity. More than 99 pct of the carbon from the process is expected to be captured for permanent storage by injecting CO2 underground I )CCS) into nearby deep geological formations. (Source: Clean Energy Systems, PR, Website, 20 Sept., 2021) Contact: Clean Energy Systems, Keith Pronske, CEO, 916-638-7967, info@cleanenergysystems.com, www.cleanenergysystems.com

More Low-Carbon Energy News Carbon Direct,  Clean Energy Systems,  


Bunge, Chevron Propose Renewable Fuel Feedstock JV (Ind. Report)
Bunge, CHevron
Date: 2021-09-29
San Ramon, California-headquartered Chevron U.S.A. Inc. and Bunge North America, Inc. are reporting a memorandum of understanding (MOU) for a proposed 50/50 joint venture to help meet the demand for renewable fuels and to develop lower carbon intensity feedstocks.

Under the proposed agreement, Bunge would contribute its soybean processing facilities in Destrehan, Louisiana, and Cairo, Illinois, and Chevron is expected to contribute roughly $600 million in cash. The companies anticipate approximately doubling the combined capacity of the facilities from 7,000 tpd by the end of 2024. The joint venture would also pursue new growth opportunities in lower carbon intensity feedstocks, as well as consider feedstock pre-treatment investments.

Bunge will continue to operate the facilities, leveraging its expertise in oilseed processing and farmer relationships to manage origination and marketing of meal and plant-based oil. Chevron would have offtake rights to the soybean oil to use as renewable feedstock to manufacture biodiesel and sustainable aviation jet fuel (SAF) . Chevron would also provide market knowledge and downstream retail and commercial distribution channels. The proposed joint venture is subject to the negotiation of definitive agreements with customary closing conditions, including regulatory approval. (Source: Bunge, Website PR, Sept., 2021) Contact: Bunge, Greg Heckman, CEO, Ruth Ann Wisener, 636-292-3014 Ruthann.wisener@bunge.com, www.bunge.com; Chevron, Mark Nelson, Exec. VP Downstream & Chemicals, Roderick Green, invest@chevron.com, www.chevron.com

More Low-Carbon Energy News Bunge news,  Chevron news,  Biofuel Feedstock news,  Soybean Oil news,  


Chevron, Gevo Partnering on SAF Investment (Ind. Report)
Chevron, Gevo
Date: 2021-09-17
Chevron U.S.A. Inc., a subsidiary of Chevron Corp., and Gevo Inc. are reporting a letter of intent to jointly invest in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel (SAF), proteins and corn oil.

Gevo would operate its proprietary technology to produce sustainable aviation fuel and renewable blending components for motor gasoline to lower its lifecycle carbon intensity. In addition to co-investing with Gevo in one or more projects, Chevron would have the right to offtake approximately 150 million gallons per year to market to customers. (Source: Gevo, PR, Website, 9 Sept., 2021) Contact: Gevo, Dr. Chris Ryan, CEO, 303-858-8358, cryan@gevo.com, www.gevo.com; Chevron, www.chevron.com

More Low-Carbon Energy News Chevron,  Gevo,  SAF,  


CCS Gains Industry Support in Houston (Ind. Report)
Houston CCS
Date: 2021-09-17
In Houston, eleven companies -- Calpine, Chevron, Dow, ExxonMobil, INEOS, Linde, LyondellBasell, Marathon Petroleum, NRG Energy, Phillips 66 and Valero -- have reportedly expressed interest in supporting the large-scale deployment of carbon capture and storage (CCS) technology in Houston and have agreed to begin discussing plans that could lead to capturing and safely storing up to 50 million metric tpy of CO2 by 2030 rising to roughly 100 million metric tpy by 2040.

The companies plan to help address industrial CO2 emissions in one of the largest concentrated sources in the United States. Collectively, the 11 companies are considering using CCS technology at facilities that generate electricity and manufacture products that society uses every day, such as plastics, motor fuels and packaging.

If CCS technology is fully implemented at the Houston-area facilities these 11 companies operate, nearly 75 million metric tons of CO2 could be captured and stored per year by 2040. There are ongoing discussions with other companies that have industrial operations in the area to add even more CO2 capture capacity. They could announce their support at a later date and add further momentum toward the city of Houston's ambitions to be carbon neutral by 2050.

Wide-scale deployment of CCS in the Houston area will require the collective support of industry, communities and government. If appropriate policies and regulations are put in place, CCS could generate tens of thousands of new jobs, protect current jobs and reduce emissions at a lower cost to society than many other widely available technologies. The 11 companies will continue to advocate for policies that enable the long-term commercial viability of new, expanded and existing CCS investments in Texas. (Source: Houston CCS, PR, 15 Sept., 2021) Contact: Houston CCS, Scott Castleman, (304)-421-2057, scott@locuststreet.com, www. houstonccs.com

More Low-Carbon Energy News CCS news,  Carbon Emissions news,  


Hydrogenious LOHC Technologies Adds €50 Mn (Int'l., Funding)
Hydrogenious
Date: 2021-09-15
Erlangen,Germany-based Hydrogenious LOHC Technologies reports it has raised a further €50 million ($59.06 Million) to scale and commercialize its technology.

Hydrogenious' transformative LOHC technology bonds hydrogen to a non-toxic, non-flammable liquid, making it suitable for safe, efficient transportation and distribution. As the hydrogen can then be stored and transported using existing fossil fuel infrastructure, it allows hydrogen to be generated and transported at scale, anywhere in the world, positioning hydrogen as the commodity to deliver decarbonisation for global industry and mobility sectors.

The oversubscribed funding round was led by JERA Americas, Temasek, Chevron Technology Ventures and Pavilion Capital and others. Proceeds will be used to deploy commercial systems into hydrogen projects globally. (Source: Hydrogenious, Website PR, 14 Sept., 2021) Contact: Hydrogenious, +49 (0) 9131-12640-0 info@hydrogenious.net, www.hydrogenious.net

More Low-Carbon Energy News Hydrogen Hydrogenious ,  


Chevron, Mercuria CNG, RNG JV Announced (Alt. Fuel Ind. Report)
Chevron, Mercuria
Date: 2021-09-13
Chevron U.S.A. Inc., a subsidiary of Chevron Corp., reports it will form a joint venture with Swiss-based multinational commodities trader Mercuria Energy Trading (Mercuria) to own and operate American Natural Gas LLC and its network of 60 compressed natural gas (CNG) stations across the US.

Chevron is building a large-scale, vertically integrated renewable natural gas (RNG) business in the US. Through its partnerships with Brightmark and California Bioenergy, Chevron is developing projects to produce RNG from dairy digesters across the country.

Chevron is aiming to open more than 30 Chevron-branded CNG stations and increase increase its RNG volumes tenfold by 2025 compared to 2020. (Source: Chevron PR, Sept., 2021) Contact: Mercuria , Brian A. Falik, CEO, www.mercuria.com; Chevron, www.chevron.com

More Low-Carbon Energy News Chevron,  Mercuria,  CNG,  RNG,  


Brightmark, Chevron Expanding Dairy RNG Projects JV (Ind. Report)
Brightmark, Chevron
Date: 2021-08-30
San Francisco-based Brightmark LLC and Chevron U.S.A. Inc. are reporting the second expansion of their previously announced joint venture -- Brightmark RNG Holdings LLC -- to own projects to produce and market dairy biomethane (RNG) across the U.S.

Brightmark RNG Holdings LLC's subsidiaries currently own RNG projects in New York, Michigan, Florida, South Dakota and Arizona. Additional joint equity investments will fund construction of infrastructure and commercial operation of 10 dairy biomethane projects, including new sites in Iowa and Wisconsin, Michigan and South Dakota. Chevron will purchase and market RNG produced from these projects for use in vehicles operating on compressed natural gas (CNG). (Source: Brightmark, Website PR, 24 Aug., 2021) Contact: Brightmark, Bob Powell, CEO, Kavitha Ramakrishnan, kavitha.ramakrishnan@brightmarkenergy.com, www.brightmarkenergy.com Chevron, www.chevron.com

More Low-Carbon Energy News Brightmark,  Chevron ,  Biomethane,  RNG,  CNG,  


Chevron, Cummins Announce Hydrogen Coop. MoU (Ind. Report)
Chevron, Cummins
Date: 2021-07-26
Chevron and Columbus, Indiana-headquartered multi-national power company Cummins Inc. have announced a memorandum of understanding (MOU) to develop commercially viable business opportunities in hydrogen and other alternative energy sources.

The MOU provides the framework for Chevron and Cummins to initially collaborate on four main objectives: advancing public policy that promotes hydrogen as a decarbonizing solution for transportation and industry; building market demand for commercial vehicles and industrial applications powered by hydrogen; developing infrastructure to support the use of hydrogen for industry and fuel cell vehicles; and exploring opportunities to leverage Cummins electrolyzer and fuel cell technologies at one or more of Chevron's domestic refineries. (Source: Chevron, Cummins, PR, BIC Mag, 25 July, 2021) Contact: Chevron, www.chevron.com; Cummins, Amy Davis, VP New Power, www.cummins.com

More Low-Carbon Energy News Chevron,  Cummins,  Hydrogen,  


Brightmark Breaks Ground on Michigan RNG Projects (ind. Report)
Brightmark,Chevron
Date: 2021-07-07
Further to our 19 Feb. coverage, San Francisco-based Brightmark Energy reports construction is underway on three renewable natural gas (RNG) projects in Michigan. The projects are owned by and will be operated through subsidiaries of Brightmark RNG Holdings LLC, a partnership with Chevron U.S.A. Inc.

Brightmark currently owns and operates 27 RNG projects in 8 states and will operate 6 RNG projects in Michigan upon completion of these 3 projects, which is expected in the first half of 2022. Of this portfolio of RNG projects, 17 are owned by subsidiaries of the joint venture with Chevron.

As previously reported in October 2020, Brightmark LLC and Chevron U.S.A. Inc. originally announced the formation of the Brightmark RNG Holdings LLC joint venture to own projects across the U.S. to produce and market dairy biomethane RNG. Chevron purchases RNG produced from these projects and markets the volumes for use in compressed natural gas (CNG) fueled vehicles. (Source: Brightmark, Website, PR, 2021) Contact: Brightmark, Bob Powell, CEO, Kavitha Ramakrishnan, kavitha.ramakrishnan@brightmarkenergy.com, www.brightmarkenergy.com; Chevron, www.chevron.com

More Low-Carbon Energy News Brightmark,  RNG,  Biomethane,  CNG,  


UK Direct Air Carbon Capture Project Design Work Underway (Int'l)
Carbon Engineering
Date: 2021-06-25
Squamish, British Columbia-based Direct Air Carbon Capture (DAC) specialist Carbon Engineering Ltd. reports it and London, UK-based Storegga, a company pioneering carbon reduction and removal projects, have begun pre-front end engineering and design (Pre-FEED) work on a proposed DAC facility in North-East Scotland.

The Pre-FEED work will focus on engineering design, further developing costs, economic modelling, and final site selection.

When fully operational in 2026, the first of its kind in Europe facility will permanently remove roughly 500,000 to one million tpy of carbon dioxide from the atmosphere.

According to the release, DAC technology, when combined with secure geological storage, delivers the permanent and verifiable removal of carbon dioxide from the air, reversing the emissions process. Carbon Engineering has to date raised more than $100 million from Microsoft Corp. co-founder Bill Gates, Chevron Technology Ventures and others. (Source: Carbon Engineering, Website PR, 23 June, 2021) Contact: Carbon Engineering, Steve Oldham, CEO, www.carbonengineering.com

More Low-Carbon Energy News Carbon Engineering,  Carbon Capture,  CO2,  Carbon Emissions ,  


Carbon Removal Specialist Boomitra Raises $4Mn (Ind. Report)
Boomitra
Date: 2021-06-23
Silicon Valley, California-headquartered Boomitra. -- fka ConserWater -- a technology start-up working on removal of atmospheric carbon by using artificial intelligence in agriculture, reports having raised $4 million from Yara Growth Ventures, the VC arm of fertiliser major Yara International. Other investors include Chevron Technology Ventures, Jerry Yang, co-founder of Yahoo, Tom Steyer and Kat Taylor.

Boomitra's satellite and Artificial Intelligence-based technology directly measures soil carbon levels without using sensors or soil sampling which enables soil carbon sequestration to be scaled on a global level. It also enables farmers worldwide to participate and increase their incomes, according to the company.

Boomitra operates an international soil carbon market, where corporations and governments are able to get the lowest-cost internationally certified carbon removal credits and farmers are incentivised to increase soil organic carbon, sequestering CO2.

Boomitra works with ground partners across more than 2 million acres in countries such as Mexico, Kenya and India and is in the process of generating and certifying more than 10 million tonnes of carbon removal this year. (Source: Boomitra, PR, Website, 22 June, 2021) Contact: Boomitra, Aadith Moorthy, CEO, info @ boomitra .com, www.boomitra.com

More Low-Carbon Energy News Carbon Removal,  Soil Carbon,  Boomitra,  


Chevron Upping Clean Energy Fuels RNG Investment (Ind. Report)
Chevron USA, Clean Energy Fuels
Date: 2021-05-12
Chevron U.S.A reports in its increasing its investment in Clean Energy Fuels Corp’s Adopt-a-Port initiative from an originally reported $8 million to a total of $28 million. The initiative provides trucks serving the ports of Los Angeles and Long Beach with cleaner, carbon-negative renewable natural gas (RNG).

Chevron's funding will allow truck operators to subsidize the purchase of new trucks or conversion of trucks to use RNG fuel. Clean Energy Fuels will manage the programme, including fueling services for qualified truck operators.

In other Clean Energy Fuels news, the company recently reported new fueling agreements with the following across the US, in Los Angeles, Portland, British Columbia, and Florida: Pac Anchor Transportation, a port drayage company serving the ports of Long Beach and Los Angeles; Cal Portland; Ecology Auto Parts; Biagi Bros.; EVO Transportation & Energy Services; Republic Transportation Group; Matheson Trucking; Valley Metro RPTA in Mesa, Arizona; GTrans, the City Gardena's transit division; TransDev, a transit agency in Nassau County Long Island, New York; BC Transit; Port of Seattle; City of Pasadena; Mission Trails Waste Systems in Santa Clara, California; Salt Lake County Sanitation; Garden City Sanitation and and Atlas Refuel in Sacrament. (Source: Chevron USA, Clean Energy Fuels, PR, 12 May, 2021) Contact: Clean Energy Fuels, Raleigh Gerber, 949-437-1397, raleigh.gerber@cleanenergyfuels.com, www.cleanenergyfuels.com; Chevron USA, www.chevron.com

More Low-Carbon Energy News Clean Energy Fuels,  Chevron USA,  RNG,  


Calif. Bioenergy-Carbon Capture Project Announced (Ind. Report)
Chevron, Microsoft
Date: 2021-03-08
Oil and gas major Chevron reports it is collaborating with Schlumberger's New Energy arm and Microsoft to develop a major bioenergy plant with 300,000 tpy CO2e carbon capture and storage (BECCS) in Mendota, California. The project would convert 200,000 tpy of agricultural waste into renewable synthetic gas.

Front-end engineering and design processes will begin immediately, with the hopes of securing a final investment decision in 2022.

Microsoft is notably targeting negative emissions by 2030 and the removal of all historic corporate emissions by 2050. (Source: Chevron, PR, edie news, 8 Mar., 2021)

More Low-Carbon Energy News Carbon Capture news,  Syngas news,  Biomass news,  Bioenergy news,  


Chevron Commits to Low-Carbon Tech Investments (Ind. Report)
Chevron
Date: 2021-03-01
San Ramon, California-headquartered oil industry giant Chevron Energy Technologies (CTV) reports the launch of the $300-million Future Energy Fund II.

With the first Future Energy Fund launched in 2018, CTV has invested in more than 10 companies with more than 150 other investors to support innovations in carbon capture and storage (CCS), emerging mobility and energy storage. Future Energy Fund II will focus on innovation in industrial decarbonization, emerging mobility, energy decentralization and the growing circular carbon economy.

Future Energy Fund II is the eighth venture fund launched since CTV was established in 1999. CTV also has a Core Energy Fund which invests in technologies with the potential to have a significant impact on Chevron's core business through operational enhancements, digitalization and low-carbon operations. Chevron is also an investor as a limited partner in funds such as the Oil & Gas Climate Initiative's (OGCI) Climate Investments and Emerald Technology Ventures' Industrial Innovation Fund. (Source: Chevron, PR, 28 Feb., 2021) Contact: Chevron Energy Technologies, www.chevron.com

More Low-Carbon Energy News Chevron,  Carbon Emissions,  


Brightmark, Chevron Expanding RNG Agreement (Ind. Report)
Brightmark, Chevron
Date: 2021-02-19
San Francisco-based Brightmark LLC and San Ramon, California-headquartered oil industry giant Chevron U.S.A. Inc. are reporting the expansion of their previously announced joint venture, Brightmark RNG Holdings LLC, to own projects across the U.S. to produce and market dairy biomethane, a renewable natural gas (RNG).

Brightmark RNG Holdings' subsidiaries currently own RNG projects in Western New York state, Western Michigan, Central Florida and South Dakota. Additional equity investments by the joint venture companies will fund construction and commercial operation of five new dairy biomethane projects in Michigan and Arizona. Chevron will purchase and market the RNG from these projects and market it for use in vehicles operating on compressed natural gas, according to the release. (Source: Brightmark, Website PR, 17 Feb., 2021) Contact: Brightmark, Bob Powell, CEO, Kavitha Ramakrishnan, kavitha.ramakrishnan@brightmarkenergy.com, www.brightmarkenergy.com; Chevron, www.chevron.com

More Low-Carbon Energy News Brightmark,  Chevron,  RNG,  Biomethane,  


Chevron Invests in Calif. Carbon Capture Startup (Ind. Report)
Chevron Corp., Blue Planet Systems
Date: 2021-01-15
In Houston, U.S. oil major Chevron Corp reports it's Future Energy Fund has invested in San Jose, California-based carbon capture and utilization (CCUS) tech start-up Blue Planet Systems Corp. The two firms intent to collaborate on potential carbon capture pilot projects and commercial development.

Blue Planet's technology uses CO2 as a raw material for making carbonate rocks. The carbonate rocks produced are used in place of natural limestone rock mined from quarries, which is the principal component of concrete. CO2 from flue gas is converted to carbonate (or CO3=) by contacting CO2 containing gas with a water-based capture solutions. This differentiates Blue Planet from most CO2 capture methods because the captured CO2 does not require a purification step, which is an energy and capital intensive process. As a result Blue Planet's capture method is extremely efficient, and results in a lower cost than traditional methods of CO2 capture, according to the company website. (Source: Chevron, PR, Reuters, Jan., 2021) Contact: Blue Planet Systems Corp., 408.458 3900, info@blueplanet-ltd.com, www.blueplanet-ltd.com

More Low-Carbon Energy News Chevron Corp.,  CCUS,  Carbon Capture,  Blue Planet Systems ,  


Occidental, ConocoPhillips Pledge Net-Zero Emissions (Ind. Report)
Occidental, ConocoPhillips
Date: 2020-11-13
Houston,headquartered petroleum major Occidental Petroleum is reporting it will reach net-zero emissions for all the oil and gas it produces by 2040, but did not specify how it would meet its self imposed goal. The company has advocated policies that support CCS technology, including the 2018 expansion of a tax credit that provides $35 per ton of captured CO2 used for oil production, and $50 per ton for CO2 simply stored underground.

In an Oct. 19 press release, ConocoPhillips, also based in Houston, announced the adoption of a comprehensive framework to manage climate-related risk, meet energy demand and zero- out its direct greenhouse gas emissions, which are much less than the emissions that come from burning the oil and gas the company sells. Taken together, the two corporate pledges could increase pressure on ExxonMobil and Chevron, the nation's largest oil companies, which have yet to announce such far-reaching goals. (Source: Occidental Petroleum, ConocoPhillips, Inside Climate News, 12 Nov., 2020) Contact: Occidental Petroleum, www.oxy.com; ConocoPhillips, www.conocophillips.com

More Low-Carbon Energy News Net-Zero Emissions,  Carbon Emissions,  


Oil and Gas Majors Agree on GHG Emissions Cuts (Int'l. Report)
Oil and Gas Climate Initiative
Date: 2020-11-13
As previously reported, the 12-member Oil and Gas Climate Initiative (OGCI) is reported to have agreed to reduce the average carbon intensity of their aggregated upstream oil and gas operations to between 20 kg and 21 kg of CO2 equivalent (CO2e) per barrel of oil by 2025.

OGCI members include: Saudi Aramco, ExxonMobil, BP, China's CNPC, Total, Chevron, Royal Dutch Shell, Repsol, Petrobras, Occidental Petroleum, Eni and Equinor. (Source: OGCI, July, 2020) Contact: Oil and Gas Climate Initiative, +44 (0)203 922 0853, www.oilandgasclimateinitiative.com

More Low-Carbon Energy News Oil and Gas Climate Initiative news,  Carbon Emissions news,  


Kern County Calif. Dairy Produces First RNG (Ind. Report)
CalBioGas
Date: 2020-09-28
In the Golden State, CalBioGas, a joint venture between California Bioenergy, Chevron U.S.A., and local dairy farmers, report its first renewable natural gas (RNG) from dairy farms in Kern County. CalBioGas is developing anaerobic digester projects across three geographic clusters in Kern, Tulare, and Kings Counties. The dairy biomethane projects are designed to send dairy biogas to a centralised processing facility where it will be upgraded to RNG, injected into local utility SoCalGas' pipeline and marketed as an alternative fuel for heavy-duty vehicles. (Source: CalBioGas, PR, 24 Sept., 2020) Contact: CalBioEnergy, N. Ross Buckenham, CEO, 559-667-9560, info@calbioenergy.com, www.calbioenergy.com

More Low-Carbon Energy News CalBioGas,  RNG,  Anaerobic Digestion,  


Chevron Planning Aussie Wind, Solar Projects (Int'l. Report)
Chevron, Algonquin
Date: 2020-08-03
US oil giant Chevron is reporting an agreement with Oakville, Ontario-headquartered Algonquin Power & Utilities Corp. to construct 500 MW of wind and solar installations on Chevron-owned land and Chevron will purchase the power to help power its facilities in Western Australia, Argentina, Kazakhstan as well as in Texas and New Mexico in the US.

Algonquin, the parent company of Liberty Utilities and Liberty Power, has a portfolio of long-term contracted wind, solar and hydroelectric generating facilities totaling more than 2GW. (Source: Chevron, ReNew Economy, Aug., 2020) Contact: Algonquin Power & Utilities Corp. , Arun Banskota, CEO, 905-465-4500, www.algonquinpower.com; Chevron, www.chevron.com

More Low-Carbon Energy News Chevron,  Wind,  Solar,  Algonquin,  


Oil and Gas Majors Agree on GHG Emissions Cuts (Int'l. Report)
Oil and Gas Climate Initiative
Date: 2020-07-22
The 12-member Oil and Gas Climate Initiative (OGCI) is reported to have agreed to reduce the average carbon intensity of their aggregated upstream oil and gas operations to between 20 kg and 21 kg of CO2 equivalent (CO2e) per barrel of oil by 2025.

OGCI members include: Saudi Aramco, ExxonMobil, BP, China's CNPC, Total, Chevron, Royal Dutch Shell, Repsol, Petrobras, Occidental Petroleum, Eni and Equinor. (Source: OGCI, July, 2020) Contact: Oil and Gas Climate Initiative, +44 (0)203 922 0853, www.oilandgasclimateinitiative.com

More Low-Carbon Energy News Oil and Gas Climate Initiative,  Carbon Emissions,  


Algae Oil Specialist Euglena Biofuels Startup Announced (Ind. Report)
Chevron Lummus Global
Date: 2020-07-22
Bloomfield, New Jersey-based Chevron Lummus Global -- a joint venture between Chevron and engineering firm McDermott -- and Albuquerque, New Mexico-headquartered Applied Research Associates Inc. are reporting the startup of Euglena Co. Ltd.'s integrated Biofuels Isoconversion unit in Yokohama, Japan.

The 5 bpd, first-of-its-kind demonstration unit employs Euglena's isoconversion technology which was jointly developed by CLG and ARA, to produce renewable jet fuel and renewable diesel out of an algae oil blend and waste vegetable oil.

Biofuels Isoconversion technology consists of hydrothermal conversion and hydroprocessing operations that convert waste fats, oils and greases into jet fuel and diesel that are virtually indistinguishable from their petroleum counterparts. This will result in more than 80 pct reductions in lifecycle greenhouse gas emissions compared to petroleum, once it is commercialized.

ReadiJet and ReadiDiesel, produced from the Biofuels Isoconversion technology, contain a uniform distribution of all hydrocarbon types observed in petroleum fuels, including aromatic, cycloparaffin, isoparaffin and normal paraffin compounds, and are able to be directly blended with petroleum fuels, according to the release. (Source: Chevron Lummus Global , PR, 21 July, 2020) Contact: Chevron Lummus Global, 973-893-1515, www.chevronlummus.com; Applied Research Associates, www.ara.com; Euglena Co. Ltd. www.euglena.jp

More Low-Carbon Energy News Euglena,  Algae Biofuel,  Biofuel,  Renewable Diesel,  


Battery Maker Natron Energy Raises $35Mn (Funding, Ind. Report)
Natron Energy
Date: 2020-07-08
Santa Clara, California-based energy storage specialist Natron Energy -- fka Alveo Energy -- reports it has raised $35 million in new funding from existing and new investors.

Natron is developing a new high power, long cycle life, low-cost battery technology for industrial applications. The company's batteries offer higher power density, faster recharge, longer cycle life than incumbent technologies and can be economically produced from commodity materials on existing cell manufacturing lines, according to the company website.

Natron is backed by Khosla Ventures, Chevron, Fluxus Ventures and others and has also received support from ARPA-E. (Source: Natron Energy, PR, 8 July, 2020) Contact: Natron Energy, info@natron.energy, www.natron.energy

More Low-Carbon Energy News Natron Energy,  Energy Storage,  Battery,  


Singapore Plans Heavy Ind. Carbon Capture Effort (Int'l. Report))
Singapore
Date: 2020-07-06
In Singapore, a consortium of oil major Chevron, infrastructure consultancy Surbana Jurong, cement maker Pan-United, and data center operator Keppel Data Centres reports it aims to introduce a range of commercially viable carbon capture systems (CCS) for the energy, construction, chemicals and IT sectors within five to10 years.

The plan is to develop systems that can be deployed locally in Singapore, and potentially exported overseas. Cryogenic carbon capture, which can reduce emissions from power plants by 95 to 99 pct at about half of the cost of conventional technologies, and membrane-based carbon capture, whereby CO2 is separated from other exhaust gases via a membrane, and is then collected and stored, are among the CCS technologies being considered. The effort is being supported by the National Research Foundation.

In February, the city-state pledged to hit peak greenhouse gas emissions by 2030, and cut emissions by half by 2050. (Source: EcoBusiness, 5 July, 2020) Contact: Singapore National Research Foundation, +65 6684 2900, www.nrf.gov.sg

More Low-Carbon Energy News Singapore news,  CCS news,  


ACC Announces 2020 Energy Efficiency Award Winners (Ind. Report)
American Chemistry Council
Date: 2020-05-06
The American Chemistry Council (ACC) is reporting 13 of its member companies have been honored under the Responsible Care Energy Efficiency Awards program for implementing energy efficiency improvements in 2019.

Under the Responsible Care Energy Efficiency Awards program, ACC member companies are required to consider operational energy efficiency as well as waste minimization, reuse and recycling when developing environmental, health, safety and security plans.

Award recipients included Albemarle Corporation, Arkema Inc., BASF Corp., Carus Corp., Chevron Phillips Chemical, Dow, Dupont, Eastman Chemical, Hexio Inc., Occidental Chemical, Olin Chemical, SABIC, and Lubrizol . (Source: American Chemistry Council, PR, May., 2020) Contact: American Chemistry Council, www.americanchemistry.com

More Low-Carbon Energy News Energy Efficiency,  


Roadmap to a US Hydrogen Economy (Ind. Report Attached)
Hydrogn
Date: 2020-03-23
The attached Road Map to a US Hydrogen Economy stresses the versatility of hydrogen as an enabler of the renewable energy systems, transportation and other applications.

The report was developed by: Air Liquide; American Honda Motor Co., Inc; Audi; Chevron; Cummins Inc.; Daimler AG: Mercedes-Benz FuelCell GmbH/Mercedes-Benz Research & Development North America; Engie; Exelon Corporation; Hyundai Motor Company; Microsoft; Nikola Motors; Nel Hydrogen; Plug Power; Power Innovations; Shell; Southern California Gas Company; Southern Company Services; Toyota; and Xcel Energy.

Download Roadmap to a US Hydrogen Economy HERE (Source: Green Car Congress, 22 Mar.,2020)

More Low-Carbon Energy News Hydrogen Alternative Fuel,  


ASTM Approves SAF Production Pathway (Ind. Report)
ASTM International, Chevron Lummus Global
Date: 2020-02-21
ASTM International is reporting approval of a new production pathway -- catalytic hydrothermolysis jet (CHJ) -- for sustainable aviation fuel (SAF) developed by Albuquerque, New Mexico-based Applied Research Associates (ARA) and Bloomfield, New Jersey-based Chevron Lummus Global (CLG).

Applied Research Associates, Inc is an employee-owned research and engineering company with estimated revenues as high as $750 million.

Chevron Lummus Global LLC provides hydroprocessing technologies and engineering services including product development, equipment evaluation, plant modification, technical support, procedure development, disposal consultation, and catalyst regeneration.

(Source: CLG Website, ASTM International, Biofuels, Feb., 2020) Contact: Chevron Lummus Global, www.mcdermott.com/CLG/Clean-Fuels; ASTM International, (610) 832-9585, (877) 909-2782, www.astm.org; Applied Research Associates, 505-881-8074 505-883-3673 - fax, www.ara.com

More Low-Carbon Energy News ASTM International ,  Aviation Biofuel,  Sustainable Aviation Fuel,  


Carbon Clean Solutions Raises $16Mn for Carbon Capture Tech (Int'l)
Carbon Clean Solutions Limited
Date: 2020-02-19
London-headquartered cleantech startup Carbon Clean Solutions Limited (CCSL) is reporting completion of an equity investment of $16 million from three global investors --- WAVE Equity Partners, Chevron Technology Ventures, and Marubeni Corporation.

IIT Kharagpur-incubated Carbon Clean is developing affordable carbon capture technology for utilisation and storage, as used by steel, cement, refining and petrochemicals and waste incineration plants.

The new investment will be used to deliver an existing pipeline of global projects to lower carbon emissions from industry. CCSL will also invest in the development of "containerised" solutions to achieve $30/tonne cost of CO2 capture by 2021. (Source: CCSL, Your Story, 18 Feb., 2020) Contact: Carbon Clean Solutions Ltd., Aniruddha Sharma, CEO, +44 (0) 20 3755 1600, ccs@kekstcnc.com, www.carboncleansolutions.com

More Low-Carbon Energy News Carbon Clean Solutions,  CCS,  Carbon Capture Limited ,  


Chevron Reaches Million Ton Australian CCS Milestone (Int.l. Report)
Chevron
Date: 2020-02-14
In the Land Down Under, Chevron is reporting it has passed a milestone of one million tonnes of greenhouse gas emissions captured and sequestered underground at its $2.5 billion Gorgon Island LNG plant in Western Australia.

When fully operational, the CO2 capture system is expected to reduce Gorgon's greenhouse gas emissions by about 40 pct -- more than 100 million tonnes over its life. (Source: Chevron, Financial review, 15 Feb., 2020)

More Low-Carbon Energy News Chevron news,  CCS news,  LNG news,  


Chevron Tech Ventures Investing in CCS (Ind. Report)
Chevron Technology Ventures,SVante
Date: 2020-02-12
Oil giant Chevron reports its Houston-based investment and innovation arm Chevron Technology Ventures has has commissioned a carbon capture study with Vancouver-based Svante Inc., an at-scale carbon capture technology company.

The study, which will explore the success of a 10,000 tpy carbon capture unit in a California Chevron facility, is expected to be completed in the first half of this year.

Chevron first invested in Svante in 2014, and established its $90 million Future Energy Fund in 2018 to focus on technologies that enable the low-carbon energy transition, according to the release.

Burnaby, British Columbia-based Svante -- f.k.a. Inventys Inc. -- has developed a commercially viable option to capture large-scale CO2 emissions from existing infrastructure. (Source: Chevron Technology Ventures, PR, Feb., 2020) Contact: Chevron Technology Ventures, Barbara Burger, Pres., techventures@chevron.com, www.chevron.com/technology/technology-ventures; Svante Inc., Claude Letourneau, , Pres., CEO, Julia McKenna , Inv. Relations, 604.456.0504, jmckenna@svanteinc.com, www.svanteinc.com

More Low-Carbon Energy News Chevron Technology Ventures,  Svante,  


Oil & Gas Climate Initiative Commits to Cutting Emissions (Int'l)
Oil and Gas Climate Initiative
Date: 2019-10-28
In London, the thirteen-member Oil and Gas Climate Initiative (OGCI) is reporting a $1 billion commitment to support the goals of the Paris Climate Accord -- including investments in carbon capture, use and storage (CCUS) and supporting carbon taxes and economic incentives aimed at reducing emissions.

Initially, OGCI will help decarbonize multiple industrial hubs in the United States, United Kingdom, Norway, the Netherlands and China. The OGCI also aims to build on the industry's reduction in methane emissions (9 pct in 2018) and to include carbon emissions in hope that future temperature increases will not exceed 2 degrees Celsius. To complement its methane emissions-intensity target, OGCI seeks to reduce collective average carbon intensity by 2025.

The OGCI member companies -- BP, Chevron, CNPC, Eni, Equinor, ExxonMobil, Occidental, Pemex, Petrobras, Repsol, Saudi Aramco, Shell and Total -- account for 32 pct of global operated oil and gas production, according to the OGCI website. (Source: OGCI, Alex Mills, Tims Record News, 28 Oct., 2019) Contact: Oil and Gas Climate Initiative, +44 (0)203 922 0853, contact@climateinvestments.energy, www.oilandgasclimateinitiative.com

More Low-Carbon Energy News Oil and Gas Climate Initiative ,  


Shell, BP Join Collaboratory for Advancing Methane Science (Int'l)
Collaboratory for Advancing Methane Science
Date: 2019-09-20
Petroleum giants BP and SIEP, Inc. (Shell) are reported to have joined the Collaboratory for Advancing Methane Science (CAMS), an industry-led consortium researching methane emissions and delivering transparent data to evaluate the most effective methane emissions reduction strategies. Other CAMS participants include Cheniere, Chevron, Equinor, ExxonMobil, and Pioneer Natural Resources.

CAMS undertakes scientific studies addressing methane emissions along the natural gas value chain, from production through end use. Studies will focus on detection, measurement and quantification of methane emissions with the goal of finding opportunities for reduction. CAMS' first project is to develop an open access oil and gas operations emissions calculator that will estimate methane emissions at a basin level and enable operators to evaluate effectiveness of mitigation strategies. (Source; CAMS, Green Car Congress, 19 Sept., 2019) Contact: Collaboratory for Advancing Methane Science, www.methanecollaboratory.com

More Low-Carbon Energy News Methan,  GHG,  Greenhouse Gas,  


NEB Comments on Latest EPA "Hardship Waivers" -- Notable Quote
RPA, Nebraska Ethanol Board
Date: 2019-08-14
"Over the past two years, the EPA has granted hardship waivers to refineries owned by companies like Exxon Mobil and Chevron. Their continued handouts to the oil industry comes during a time when heartland farmers are really struggling due to depressed commodity prices, flooding and trade wars. Securing access and demand for homegrown, cleaner-burning biofuels should be top priority from an economic and environmental standpoint, not destroying the marketplace program the Renewable Fuel Standard (RFS) was created for." -- Roger Berry, Administrator, Nebraska Ethanol Board (NEB).

Berry was speaking in Lincoln, Nebraska on the EPA's granting of an additional 31 small refinery biofuel waivers for 2018. This follows the 54 waivers the Trump Administration granted in 2016 and 2017, which caused 2.6 billion gallons of demand destruction. These new waivers add another loss of 1.4 billion gallons, for a total loss of 4 billion gallons. Contact: Nebraska Ethanol Board, Roger Berry, (402) 471-2941, ethanol.nebraska.gov

More Low-Carbon Energy News Nebraska Ethanol Board news,  Ethanol news,  EPA news,  "Hardship Waiver" news,  


Chevron Unveils Aussie CO2 Storage, Mitigation Project (Int'l)
Chevron
Date: 2019-08-09
In the Land Down Under, Perth-based energy major Chevron Australia Pty Ltd. and its JV partners at the Gorgon LNG project, in Western Australia, are reporting the launch of the Gorgon carbon dioxide (CO2) injection system -- the world's largest greenhouse gas (GHG) mitigation project. When fully operational, the CO2 injection facility will cut Gorgon's GHG emissions by about 40 pct or more than 100-million tonnes over the life of the project.

The Gorgon facility incorporates features aimed at maximizing energy efficiency and minimizing GHG emissions, and in steady-state operations, is anticipated to have the lowest GHG emissions intensity of any LNG project in Australia. (Source: Chevron Australia, Mining Weekly, Creamer Media NZ, 8 Aug., 2019) Contact: Chevron Australia Pty Ltd, +61 8 9216 4000, www.chevron.com/about/contact

More Low-Carbon Energy News LNG,  Chevron,  Carbon Storage,  CO2,  


Chevron, California Bioenergy to Produce Biomethane

Date: 2019-06-26
Chevron U.S.A. Inc. and California Bioenergy announced a joint investment in a holding company with California dairy farmers to produce and market dairy biomethane as a vehicle fuel in the state. The holding company, CalBioGas, secured funding from Chevron to build infrastructure for dairy biomethane projects in California’s San Joaquin Valley, adding to the investment from dozens of dairy farmers. Manure storage on dairy farms results in the release of methane, a highly potent greenhouse gas. CalBio brings technology, operational experience and capital to help dairy farmers build digesters and methane capture projects to convert this methane to a beneficial use as renewable natural gas. The dairy biomethane projects are designed to send dairy biogas to a centralized processing facility, where it will be upgraded to RNG and injected into the local gas utility’s pipeline. The RNG is then marketed as an alternative fuel for heavy-duty trucks, buses, and eventually off-road and farm equipment. (Source: Transport Topics, 24 June, 2019)


CalBio, Chevron Partner on Dairy Biomethane Projects (Ind Report)
CalBioGas
Date: 2019-06-21
In the Golden State, Visalia-headquartered California Bioenergy LLC and oil giant Chevron are reporting a joint investment in CalBioGas LLC, a holding company with California dairy farmers to produce and market dairy biomethane as a transportation fuel in compliance with California's Low Carbon Fuel Standard (LCFS).

CalBio will help dairy farmers build digesters and methane capture projects to convert methane into renewable natural gas (RNG). Chevron will fund as many as 18 digesters across three geographic "clusters" in Kern, Tulare and Kings counties. The three clusters of digesters have been awarded California Department of Food and Agriculture grants which must be augmented with additional capital to complete the projects. (Source: California Bioenergy, PR, Chevron, Renewable Energy, 20 June, 2019) Contact: CalBioEnergy, N. Ross Buckenham, CEO, 559-667-9560, info@calbioenergy.com, www.calbioenergy.com

More Low-Carbon Energy News Anaerobic Digestion,  California Bioenergy,  Chevron,  Biogas,  Methane,  Biomethane,  


Major Mining Companies Among World's Mega Emitters (Int'l)
Climate Change
Date: 2019-05-13
In Rio de Janiero, Brazil, the Rio Times is reporting as many as 100 companies are responsible for more than 70 pct of global greenhouse gas emissions since 1988, according to data from Carbon Disclosure Project (CFP) in July 2017.

The 25 largest polluters, responsible for 50 pct of CO2 emissions, are, by descending order: China (state-owned coal production), Aramco, Gazprom, Iranian National Petroleum, ExxonMobil, Coal India, Pemex, Russia (state-owned coal production), Shell, China National Petroleum, BP, Chevron, PDVSA, Abu Dhabi National Petroleum, Poland Coal, Peabody Energy, Sonatrach, Kuwait Oil, Total, BHP Billiton, ConocoPhillips, Lukoil, Rio Tinto, Nigeria National Petroleum, and Petrobras, the only Brazilian company on the list.

The top 100 companies control most of the world's mineral rights, for oil, gas, and coal. Houston is considered the "home" of 7 of these 100 companies, followed by Jakarta, Calgary, Moscow, and Beijing.

(Source: The Rio Times, May, 2019) Contact: The Rio Times, Richard Mann, Contributing Reporter, www.riotimesonline.com

More Low-Carbon Energy News Carbon Emissions,  CO2,  Climate Change,  


EPA Stalls on RFS "Hardship Waiver" Transparency (Ind. Report)
RFS
Date: 2019-05-01
Reuters is reporting the U.S. EPA has suspended work on its plan -- as announced on 12 April -- to publish the names of refineries granted "hardship waiver" exemptions from federal biofuels law after receiving blowback from the White House and parts of the oil industry.

The EPA currently does not name companies that apply for or receive the waivers, arguing the information is confidential. The corn industry wants that changed because it believes profitable companies are securing waivers, which is hurting farmers. Small refineries owned by profitable oil majors like ExxonMobil and Chevron are among those that have gotten waivers since 2017, according to the Reuters report.

"Hardship waivers" were intended for refineries producing 75,000 bpd or less and suffered "disproportionate economic hardship" from the costs of RFS compliance. The waiver frees the refineries from an obligation to provide the EPA with biofuels credits proving compliance. In 2017, the number of small refineries filing for exemptions retroactively for 2016 jumped from 14 the previous year to 20. The rate in which EPA granted these petitions also increased dramatically from 53 pct to 95 pct. (Source: Yahoo Finance, Reuters, 30 April, 2019)

More Low-Carbon Energy News RFS,  "Hardship Waiver",  Ethanol Blend,  


ACC Energy Efficiency Improvement Awards Announced (Ind. Report)
American Chemistry Council
Date: 2019-04-15
The American Chemistry Council (ACC) reports 16 of its member companies are being recognized for implementing energy efficiency improvements in 2018.. The Responsible Care Energy Efficiency Awards program is among ACC's many initiatives to improve energy efficiency. Member companies are required to consider operational energy efficiency as well as waste minimization, reuse and recycling when developing their environmental, health, safety and security plans.

The 2019 Energy Efficiency Awards include:

  • Energy Efficiency Program award is given to companies with broad programs to achieve energy-efficiency improvements, with components such as establishing energy teams, goal setting, communications, management support and recognition;.

  • Significant Improvement in Energy Efficiency in Manufacturing award is given to companies with broad programs to achieve energy efficiency in their manufacturing operations through technical innovations, creative projects or novel procedures or actions;

  • The Non-Manufacturing Energy Efficiency Improvement award is given for improvements resulting from energy-efficient lighting, insulation and other building improvements, as well as other non-manufacturing energy efficiency improvements.

    The companies receiving awards in 2019 are Afton Chemical Corporation, American Air Liquide Holdings, Inc., Albemarle Corporation, Arkema Inc., BASF Corp., Celanase, Chevron Phillips Chemical Co., Dow, DuPont, Eastman Chemical Company, ExxonMobil Chemical Company, FMC Corp., Hexion Inc., Occidental Chemical, Olin Corp and SABIC. (Source: American Chemistry Council, PR, 15 April, 2019) Contact: ACC, ww.americanchemistry.com

    More Low-Carbon Energy News Energy Efficiency,  


  • Carbon Engineering Claims Major New Investors (Ind. Report)
    Carbon Engineering
    Date: 2019-01-11
    Squamish, British Columbia-based Carbon Engineering Ltd. (CE) is reporting receipt of equity investments from Oxy Low Carbon Ventures, LLC a subsidiary of Occidental Petroleum Corporation, Chevron Corporation's Chevron Technology Ventures. Carbon Engineering's proven Direct Air Capture (DAC) technology removes CO2 directly from the air and subsequently synthesizes it into clean transportation fuels.

    CE has been developing DAC technology since 2009 and capturing CO2 from the atmosphere at a pilot plant in Squamish, B.C. since 2015. The DAC plants are location-independent and can be co-located with an oilfield operation for enhanced oil recovery (EOR). Carbon Engineering's complementary AIR TO FUELS process combines CO2 from DAC with clean hydrogen from water electrolysis to provide a second pathway for reducing transportation emissions by synthesizing ultra-low carbon intensity liquid fuels.

    CE's AIR TO FUELS products are fully compatible with existing cars, trucks, ships and planes, allowing existing vehicles to reduce their carbon emissions without modification. (Source: Carbon Engineering, Green Car Congress, 9 Jan., 2019) Contact: Carbon Engineering. Steve Oldham, CEO, www.carbonengineering.com

    More Low-Carbon Energy News Carbon Engineering,  EOR,  CHevron,  Carbon Capture,  CO2,  


    ExxonMobil Awarded RFS "Hardship Waiver" (Ind. Report)
    Exxon Mobil,Renewable Fuel Standard
    Date: 2018-12-21
    Reuters is reporting the oil juggernaut ExxonMobil, with more than $19 billion in net income for 2017, has been granted a Renewable Fuel Standard (RFS) "financial hardship waiver" from the EPA for its 60,000 bpd Billings Refinery in Montana.

    ExxonMobil's poor cousin Chevron, with a net 2017 income of only $9.2 billion, also scored a "hardship waiver" for its refinery in Utah on the grounds that without the waiver its refineries would be "at disadvantage in this competitive market."

    Under the RFS, oil refiners must increasingly blend ethanol and other biofuels into their fuel each year or purchase blending credits from those that do. The 2005 regulation was intended to help farmers and to cut fuel imports. But small oil refineries can be exempted from the standard if they prove compliance would cause disproportionate hardship. The EPA granted 29 waivers for the 2017 compliance year, up from 14 in 2015 and 20 in 2016. (Source: ExxonMobil, OilPrice, Reuters, 20 Dec., 2018)

    More Low-Carbon Energy News ExxonMobil,  RFS,  Hardship Waiver,  


    Biofuel Players Comment on New RFS (Opinions, Editorials & Asides)
    RFS,Advanced Biofuels Business Council
    Date: 2018-12-07
    "Specifically, I'm glad levels for biodiesel are maintained and slightly increased. And although the levels for advanced biofuels and cellulosic biofuels don't represent the full potential of the industry, they are very promising and will help significantly." -- Sen. Chuck Grassley (R), www.grassley.senate.gov

    "It is time to get our America First fuel policy back on track, and we encourage the acting EPA administrator to hold oil refiners accountable and maintain the integrity of the Renewable Fuel Standard." -- Kyle Gilley, Snr VP External Affairs and Communications, POET, www.poet.com

    "The final targets open new possibilities for advanced and cellulosic biofuels, but without a check on abusive EPA waivers, we'll continue to see plants closing their doors or idling production. The agency cannot fulfill the president's commitments in the heartland without putting a lid on handouts to oil giants like Chevron and Andeavor." -- Brooke Coleman, Exec. Dir., Advanced Biofuels Business Council, www.advancedbiofuels.org

    "It reflects continued growth in the renewable natural gas industry. The growth in production of renewable natural gas and the completion of nearly 50 new production facilities from coast to coast since 2014 is proof positive that the RFS is working as intended for cellulosic and advanced biofuels." -- Johannes Escudero, CEO, Coalition for Renewable Natural Gas, www.rngcoalition.com

    "While the numbers are a positive step forward and they hold promise with a 15-billion-gallon commitment to starch ethanol and 418 million gallons of cellulosic biofuels, the billions of lost gallons due to excessive small refinery exemptions need to be accounted for." -- Emily Skor, CEO, Growth Energy, www.growthenergy.org

    More Low-Carbon Energy News Grassley,  POET,  RFS,  Growth Energy,  

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