Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


ExxonMobil Confirms Global Clean Energy RD Deal (Ind Report)
Global Clean Energy,ExxonMobil
Date: 2021-04-28
Houston-headquartered oil giant ExxonMobil reports it will purchase renewable diesel from Global Clean Energy's Bakersfield, California biorefinery which is on schedule to begin production early in 2022. The Bakersfield facility will process up to 15,000 bpd of renewable diesel (RD) from Global Clean Energy's proprietary camelina feedstock.

As previously reported, the original 5-fear agreement signed in August 2020 committed ExxonMobil to purchase 2.5 million bpy of renewable diesel for distribution within California and potentially other US and international markets. (Source: ExxonMobil, PR, Apr. 27, 2021) Contact: ExxonMobil, Andy Madden, VP Strategy and Planning, ExxonMobil Fuels & Lubricants, www.corporate.exxonmobil.com; Global Clean Energy, Global Clean Energy Holdings, Richard Palmer, CEO, 424-318-3618, contact@gceholdings.com, www.gceholdings.com

More Low-Carbon Energy News Global Clean Energy,  Renewable Diesel,  Camelina,  ExxonMobil,  Biofuel,  


ExxonMobil, GCEH Ink Renewable Diesel Offtake Deal (Ind. Report)
Global Clean Energy Holdings,ExxonMobil
Date: 2020-08-14
ExxonMobil is reporting a 5-year off-take agreement with Long Beach, California-based Global Clean Energy Holdings (GCEH) to purchase 2.5 million bpy of renewable diesel from Global Clean Energy's Bakersfield, California, refinery which is being re-tooled to produce renewable diesel from camelina, cooking oil, soybean oil and distillers corn oil and other non-petroleum feedstocks.

Following scheduled production startup in 2022, ExxonMobil plans to distribute the renewable diesel within California and potentially to other domestic and international markets. (Source: ExxonMobil, PR, 12 Aug., 2020) Contact: ExxonMobil, Bryan Milton, Pres. ExxonMobil Fuels and Lubricants Co, www.exxonmobil.com/en/aviation; Global Clean Energy Holdings, Richard Palmer, CEO, 424-318-3618, contact@gceholdings.com, www.gceholdings.com

More Low-Carbon Energy News Global Clean Energy Holdings,  ExxonMobil,  Renewable Diesel,  


Bakersfield Renewable Fuels Finds Investors (Ind. Report)
Bakersfield Renewable Fuels
Date: 2020-06-03
Orion Energy Partners L.P., GCM Grosvenor and Voya Investment Management have entered a capital partnership with Bakersfield Renewable Fuels (BKRF), a special purpose vehicle wholly owned by Global Clean Energy Holdings Inc. (GCE). BKRF was created to purchase an existing refinery in Bakersfield, Calif.

BKRF will retool a portion of the refinery into a renewable diesel (RD) bio-refinery. The project will use GCE's camelina oil as well as traditional biofuel feedstocks such as waste fats, oils and greases to produce RD, liquid propane, naphtha and others. (Source: GCE, NatGas, Various Media, June, 2020) Contact: Global Clean Energy Holdings, Richard Palmer, CEO , www.gceholdings.com; Orion Energy Partners, 212.292.0345, Info@OrionEnergyPartners.com, www.orionenergypartners.com; GMC Grosvenor, www.gcmgrosvenor.com; VOYA, www. investments.voya.com

More Low-Carbon Energy News Bakersfield Renewable Fuel,  Orion Energy,  Renewable Diesel ,  Camelina,  


GCEH Converting Calif. Refinery to Biodiesel Production (M&A)
Global Clean Energy Holdings
Date: 2020-05-11
In the Golden State, Torrance-based Global Clean Energy Holdings (GCEH) Inc. is reporting the $40 million purchase of the idled Alon USA Energy Inc. Big West gasoline and diesel refinery in Kern County.

GCEH plans to convert the 70,000 bpd facility to produce biodiesel from used cooking oil, soybean oil and camelina. The refinery has not run for 12 consecutive months since 2012. (Source: GCEH, PR, The Bakersfield Californian, 8 May, 2020) Contact: GCEH, Richard Palmer, CEO, www.gceholdings.com; Alon USA Energy www.delekus.com

More Low-Carbon Energy News Global Clean Energy Holdings,  DELEK,  Delek,  Biodiesell,  

Showing 1 to 4 of 4.