(Strategic Environmental & Energy Resources, Inc./Globe Newswire) SEER commits to an aggressive decarbonization and carbon credit monetization program, starting with its current MV Technology solutions and its planned biocarbon production facilities both domestic and international. BROOMFIELD, CO, Dec. 12, 2024 (GLOBE
by Ron Kotrba (Biobased Diesel Daily) Topsoe, a global leader in carbon emission reduction technologies, announced the signing of four major low-carbon energy-technology deals between late November and early December. Green ammonia On Nov. 26, Topsoe said it has signed an agreement with
(TotalEnergies) On the occasion of the visit of the President of the French Republic Emmanuel Macron to the Kingdom of Saudi Arabia, and in the presence of His Royal Highness Prince Abdulaziz bin Salman Al Saud, Saudi Minister of Energy, Aramco,
by Karin Strohecker (Reuters) Governments around the globe are ploughing billions of dollars into fossil fuel subsidies to shelter citizens from higher energy costs, but that comes at a fiscal burden, creates inefficiencies, and hampers the goal of reducing overall usage. At the U.N.‘s
by Naida Hakirevic Prevljak (Offshore Energy) Hamburg Port Authority (HPA) and the Port of Shanghai have signed at a forum in Shanghai a memorandum of understanding (MOU) to establish a green shipping corridor. As informed, the MOU, inked on October 22, aims
by Jennifer Bell (Al Arabiya English) NEOM Green Hydrogen Company (NGHC) has initiated a major recruitment campaign for its world-leading green hydrogen plant in Saudi Arabia’s futuristic city NEOM, as the project moves closer to its operational phase. The $8.4 billion facility, set
(World Economic Forum) 1,000 government, business and civil society leaders to gather in Riyadh, Saudi Arabia; Amid an increasingly complex global backdrop, the meeting aims to bridge the growing North-South divide and find collaborative solutions to shared challenges; The meeting will drive action-oriented
by Tang Shihua (Yicai Global) Shares of Zhuoyue New Energy continued falling despite the Chinese biodiesel producer's fresh investment plans in Singapore and Saudi Arabia to avoid paying new anti-dumping duties on exports to Europe. ... In addition to appealing against the preliminary ruling of
by Polly Martin (Hydrogen Insight) Research firm warns that new firms are flooding an already oversupplied market -- Electrolyser manufacturers have invested too quickly into new factories, with “severe overcapacity” compared to actual demand from green hydrogen project developers in the coming
by Sowmya Sundar (Zawya Projects) The Biofuel Company, which operates the GCC’s largest biofuel refinery, prioritises domestic needs in capacity expansion -- The Biofuel Company, Saudi Arabia’s first and only biofuel producer, is on course to triple its refining capacity by 2025, the
by Jack Dutton (Al-Monitor) The second phase of the project could produce 2 million metric tons per year, the statement said, without providing details on the timeline. -- Saudi Arabia’s ACWA Power has signed an agreement to develop a $4 billion green hydrogen project
Connecting global clean ammonia markets to the Middle East and North Africa Clean ammonia efficacy | Offtake beyond traditional users | New projects and technological innovation Join us in 2024, as we bring delegates to one of the key clean ammonia hubs
by Meghan Sapp (Biofuels Digest) In Yemen, Reuters reports that Houthis attacked a cargo ship that was heading to Italy from Malaysia where it loaded 15,000 metric tons of palm oil waste and residues. The feedstock is destined for Eni’s biorefineries but
(U.S. Department of Energy) This week, U.S. Deputy Secretary of Energy David M. Turk traveled to Dubai, United Arab Emirates for the 28th Conference of the Parties to the U.N. Framework Convention on Climate Change (COP28), where he led the U.S.
by Minho Kim (Politico's Power Switch) Many nations arrived at the U.N. climate talks last month hoping the world would commit to a “phase-out” of fossil fuels. But those initial wishes were all but dashed today, when COP28 organizers released a draft
by Colleen Howe (Reuters) Saudi-listed ACWA Power (2082.SE) and Chinese state-owned PowerChina have broken ground on the first green hydrogen plant in Central Asia, the companies said. The plant, in Uzbekistan, will produce 3,000 metric tons per year of green hydrogen and will be
(ACWA Power) Project marks ACWA Power’s global green hydrogen expansion; Facility to be powered by 600MW renewable energy plant and will produce 150,000 tonnes of green ammonia annually; Deal was signed on the sidelines of COP28 climate conference Saudi-listed ACWA Power, the world’s
(Times Aerospace) The leaders of the Arab Air Carriers’ Organisation and IATA used the platform of AACO’s 56th Annual General Meeting in Riyadh on 31 October to urge governments not to follow the European Union’s “stick” approach to increasing the
(Biofuels International) SATORP completes MENA region’s first conversion of UCO into SAF -- SATORP, a platform jointly owned by Aramco (62.5 %) and TotalEnergies (37.5 %), has for the first time in the region successfully converted used cooking oil through coprocessing into
(LanzaTech) LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable raw materials, and Olayan Financing Company (OFC), the parent company of The Olayan Group’s businesses and investments in Saudi Arabia and the Middle East, have formed a joint venture
by Conrad Prabhu (Omani Observer) Having pioneered the commercial-scale production of low-carbon biodiesel from used cooking oil (UCO), Omani start-up Wakud is embarking on the next phase of its growth entailing a capacity ramp-up of its flagship project in Khazaen
(Aramco) The facility will be built in ENOWA’s Hydrogen Innovation and Development Center in NEOM -- Aramco, a global integrated energy and chemicals company, and ENOWA, NEOM’s energy and water company, have signed a joint development agreement to construct and establish a
(Toyota) Accelerating Development of Core Technologies and Building Global Alliances Toward Early Adoption of Hydrogen Small Mobility Engines --The HySE (Hydrogen Small mobility & Engine technology) research association will enter our hydrogen engine vehicle, the HySE-X1, in the "Mission 1000" Challenge
by Jim Lane (Biofuels Digest) ... What’s missing? The financial industry and investors in general. An actual scope of work. A leadership team. None of those impossible to produce, but none of those (yet) done — so, consider the Alliance to be
by Utpal Bhaskar (Mint) India is working on a plan to allow bio-fuel exports and trading as it sews together a compact for Global Biofuel Alliance (GBA), whose foundation document is set for a launch later this month in Goa that will
(NEOM) NEOM - Green Hydrogen Company is an equal joint venture by ACWA Power, Air Products and NEOM, building the world’s largest green hydrogen plant to produce green ammonia at scale in 2026. - The project at a total value of
by Jeff Beach (AgWeek) A group of North Dakota legislators wants to press the state attorney general’s office to investigate the ownership of pipeline company Summit Carbon Solutions. State Sen. Jeff Magrum announced that there will be a press conference Tuesday, May
by James Murray (Business Green) Transport Secretary Mark Harper to co-chair Sustainable Aviation Fuels Investment Summit in Detroit -- The UK's Transport Secretary Mark Harper has travelled to the US this week for a series of meetings designed to boost co-operation
(King Abdullah University of Science and Technology/Phys.Org) ... Butadiene, an essential component of synthetic rubber, is currently produced by the petrochemical industry from fossil reserves. But it could be efficiently made in a one-step reaction from renewable ethanol using a modernized
by Tammy Klein (Transportation Energy Strategies) Dr. Amer Amer, Chief Technologist at Aramco, is leading the charge on R&D to improve the sustainability of transport fuels. Hear more about Aramco’s work in this area, what he thinks is the most
(Times Aerospace) AviLease, an aircraft lessor, and the Saudi Investment Recycling Company (SIRC) have signed an MoU to launch the production and distribution of sustainable aviation fuel (SAF) in Saudi Arabia. -- he partnership will allow both parties to advance the
by Ron Kotrba (Biobased Diesel Daily) The Buggyra Racing Organisation announced Jan. 1 that all of its Tatra-brand trucks are being fueled with renewable diesel, also known as hydrotreated vegetable oil (HVO), during the 45th edition of the Dakar Rally in
by Fabio Bergamin (ETH Zurich/Science Daily) Researchers have shown how nitrogen fertilizer could be produced more sustainably. This is necessary not only to protect the climate, but also to reduce dependence on imported natural gas and to increase food security. -- Intensive
(King Abdullah University of Science and Technology/Phys.Org) Seawater, which comprises more than 95% of the Earth's water, could become a key resource in the sustainable production of clean hydrogen fuel with use of water-splitting catalysts developed by a KAUST-led team. Water
by Megan White (Motorsport.com) Formula 2 and Formula 3 are set to partner with Aramco to pioneer sustainable fuels from 2023. Both championships will run with 55% sustainable fuel next season, with the percentage increasing incrementally to 100% by the start
by Lawrence Barretto (Formula1.com) ... As part of F1’s plans to be Net Zero Carbon by 2030, the sport is pioneering a ‘drop-in’ 100% sustainable fuel that can not only be used in F1 cars from 2026 but crucially can be utilised
Fatima Zahrae Zouhair, Mohammed Rachid Kabbour, Fatima Ebich, Aouatif Benali, El hajel Maadoudi, Awad A. Alrashdi, Mohammed Bouksaim, Hassane Lgaz, Azzouz Essamri (Journal of Molecular Liquids) PVA membranes were used for argane pulp bioethanol dehydration by PV. • MD and GCMC simulations
(South Ural State University/TechXplore) Scientists from Russia, China, Saudi Arabia, the UAE, and Egypt have proposed the most effective mathematical model of the biodiesel production process at the moment. The simulation of the biodiesel production process from soybean oil and
by Tyler Pager (Washington Post) Biden vented to aides after an ethanol announcement designed to ease gas prices, questioning the policy’s effectiveness -- President Biden seemed upbeat when he visited an Iowa biofuels plant in April to talk about bringing down
(Kaust Discovery) A low-carbon sustainable fuel mixture, derived primarily from renewably generated ammonia, could power next-generation internal combustion engines (ICEs). Blending ammonia with a small amount of dimethyl ether (DME) gives a liquid fuel with low-temperature combustion properties very similar to
(Air Products) Site is World’s First and North America’s Only Commercial-Scale SAF Production Facility; World Energy SAF Expansion to Serve Growing Carbon-Net-Zero Aviation Markets; Project includes New Hydrogen Plant, and Extension and Capacity Increase of Air Products’ Existing Southern California
(MAN Energy Solutions) Six power plants featuring 25 gensets to ensure sustainable power supply for “The Red Sea Project” -- MAN Energy Solutions will supply 25 biofuel-optimized gensets with a total generating capacity of 112 MW to “The Red Sea
by Tony Harrington (GreenAir Online) Three significant new agreements have been announced to collectively deliver more than 1.5 billion litres of sustainable aviation fuel to seven airline operators, reports Tony Harrington. German-based freight airline DHL Express has agreed to acquire more
by Steve Robson (iNews) The plant could create up to 180 million litres of fuel per year – a single airline can use 150 million litres; Construction of the plant in Billingham will bring 700 jobs and a further 240
by Daniel Grant (Farm Week Now) While the U.S. scrambles to fill the void in the oil market created by the ban of Russian imports, commodity group leaders believe the solution is closer to home than Venezuela or Saudi Arabia. “If ever
(Renewables Now) US industrial gases company Air Products Inc (NYSE:APD) will build a green hydrogen plant in Casa Grande, Arizona to produce 10 tonnes of fuel per day for the mobility market in California and other areas. The company will own and
(Airbus/Biobased Diesel Daily) Airbus and The Helicopter Company have signed an agreement in order to continue expanding helicopter activities as well as to introduce urban air mobility in the Kingdom of Saudi Arabia. This comes as an additional step toward the
by Nicola Jones (Yale Environment 360) Ammonia has been widely used as a fertilizer for the last century. Now, using renewable energy and a new method for making ammonia, researchers and entrepreneurs believe “green” ammonia can become a significant clean
(Professional Pilot/Gulfstream) 83% of All-New G700 Testing Conducted on Sustainable Aviation Fuel Blend -- Gulfstream Aerospace Corp. today announced the all-new Gulfstream G700 has made great strides in its flight-test program and is capping 2021 with additional accomplishments, including the use
by Timothy Gardner and Alexandra Alper (Reuters) ... The White House on Friday pressed the OPEC producer group again to maintain adequate global supply, days after U.S. discussions with some of the world's biggest economies over potentially releasing oil from strategic
by Victoria Cuming and Maia Godemer (BloombergNEF) The Group-of-20 countries have made headlines in recent months with some new pledges to achieve “net-zero” CO2 emissions by 2050 or, in China’s case, by 2060. But back in the here-and-now many of these
(Saudi Green Initiative/Independent) ... To reduce its carbon footprint further, Saudi Arabia is now investing in carbon capture, utilisation and storage (CCUS) projects that turn carbon dioxide into useful and saleable products. ... Aramco has also been working on capture, storage and transport
by Fred Pearce (China Dialogue) Hydrogen may have lost the race to fuel electric cars but it looks a likely contender to replace fossil fuels in trucks, ships, planes and heavy industry -- ... Japan, once a passionate advocate of
by Geoff Cooper (Renewable Fuels Association/The Hill) ... But what’s not easy to see is why the White House recently chose to respond to higher pump prices by pushing OPEC+ countries to increase oil production. It was a baffling move that raised
by Sarah McFarlane (Wall Street Journal) BP, Shell want to make the gas using renewable energy, but doing so remains expensive -- Big oil companies have long touted hydrogen energy as a way to reduce carbon emissions. Now they are grappling with how to
by Dan Morgan (The Globalist) Right now, electric cars have the momentum and the “inevitability” narrative on their side. Is the idea of pursuing two paths forward a waste of money? ... The Biden administration’s ambitious infrastructure proposal sets aside $174
by Jordan Fabian and Josh Wingrove (Bloomberg) Crude have soared as the two countries argue over production; Psaki says White House ‘encouraged’ by ongoing OPEC talks -- Biden administration officials are “encouraged” by ongoing OPEC talks and have spoken with officials
(ACWA Power) ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants, has signed a Memorandum of Understanding (MoU) with Neutral Fuels, the GCC’s largest biofuel producer, for future collaboration on the supply of
by Jim Robbins (Energy Today) Saudi Arabia is constructing a futuristic city in the desert on the Red Sea called Neom. The $500 billion city — complete with flying taxis and robotic domestic help — is being built from scratch
by Angeli Mehta (Reuters Events) While there's debate over whether the technology stacks up against batteries for long-distance trucking, the case in maritime usage seems more clear-cut. Angeli Mehta reports “Everyone loves hydrogen,” observed Fatih Birol, executive director of the International Energy
by Ulrik Frøhlke (Haldor Topsoe) Topsoe will invest in a manufacturing facility producing highly efficient solid oxide electrolyzers (SOEC) with a total capacity of 500 megawatt per year with the option to expand to 5 gigawatt per year. With efficiencies
by Jim Lane (Biofuels Digest) Making green hydrogen from water via electrolysis, or from waste — what’s real in the projects being discussed, the applications, the sources? What’s not going to happen, soon (or ever), are the end markets stronger
by Jim Lane (Biofuels Digest) Last week, the U.S. Department of Energy released the Plastics Innovation Challenge Draft Roadmap and a Request for Information seeking stakeholder input on the Draft Roadmap. Originally announced in November 2019, the Plastics Innovation Challenge is a
by Alex Kimani (OilPrice.com) After decades of stagnation and multiple false dawns, the hydrogen economy appears primed for a major takeoff. A growing number of countries and industries are proactively investing in hydrogen technologies, with hydrogen being touted as the ‘fuel of the future.’ Meanwhile, industry
by Patti Domm (CNBC) • Former Vice President Joe Biden may have greener goals for U.S. energy, but he will not end or sharply curtail oil and gas fracking, energy experts concur. • His $2 trillion plan would encourage investment
by Tammy Klein (Future Fuel Strategies) ... Items I selected this month include: • Solar Costs Declining Quickly: More quickly than even the IEA has projected. That will have consequences in transport that includes cheaper EV charging, green hydrogen and electrofuels.
by Michael J. Coren (Quartz) Not all oil is equal. We think of petroleum as equivalent whether it comes from the ground in Saudi Arabia or Texas. But that’s not quite right. There are hundreds of grades of fuels out there,
by Svend Ravn (Haldor Topsoe) - The project aims to develop a ground-breaking hydrogen and sustainable fuel facility based on electrolysis in the Greater Copenhagen Area. -The project is expected to be executed by 2030 in three stages, achieving the capacity
by Alan P. Mammoser (Biodiesel Magazine) Biofuels will likely play an important role in a hoped-for transformation to a low-carbon economy. According to the International Renewable Energy Agency, they will need to play a large role in the direct application of
(Haldor Topsoe) A $5 billion dollar green hydrogen production facility to be sited in NEOM, Saudi Arabia, will include Topsoe’s proven ammonia technology. The planned green ammonia loop will be the world’s largest on a par with the Gulf Coast
by Charles Kennedy (OilPrice.com) Some of the biggest oil companies in the world set their first joint target to cut their collective carbon emissions from upstream operations in a move that saw Saudi Aramco and ExxonMobil joining European majors in pledging
by Myles McCormick (Financial Times) Rystad Energy says its estimate of recoverable barrels of crude has dropped by 282bn -- An influential research firm has cut its estimate of potential oil production by an amount that exceeds the reserves of
by James Osborne, Sergio Chapa and Erin Douglas (Houston Chronicle) ... The mass shutdown of Texas oil fields has begun after an unprecedented crash that last week drove crude prices into negative territory for the first time in history. From
by Jeff Stein, Will Englund, Steven Mufson and Robert Costa (Washington Post) ... The White House is strongly considering pushing federal assistance for oil and natural gas producers hit by plummeting oil prices amid the coronavirus outbreak, as industry officials close
by Isis Almeida, Michael Hirtzer, and Jen Skerritt (Bloomberg) Oil’s nosedive is sending farmers a stark reminder: they also need to be energy traders. -- Growers have become more vulnerable to energy swings over the past decades as nations from the
(Science Daily/The Korea Advanced Institute of Science and Technology (KAIST)) Scientists have taken a major step toward a circular carbon economy by developing a long-lasting, economical catalyst that recycles greenhouse gases into ingredients that can be used in fuel, hydrogen
by Noah Fish (Post Bulletin/AgriNews) High-level officials from Middle Eastern and African countries were in Minnesota this week to learn more about the U.S. ethanol production process. The state tour, which kicked off in Eyota at the Kwik Trip fuel blending
by Candace Krebs (Ag Journal) ... “What people don’t realize is that shale provides a particular very light type of oil, and we can’t use that exclusively with the way our refineries are configured,” explains Scott Richman, chief economist for the
by Stephanie Kelly (Reuters) President Donald Trump on Thursday discussed biofuels policy with senators from U.S. oil states, including Louisiana Senator Bill Cassidy, who said the president was engaged on the issue that has pitted Big Oil and Big Corn
(Renewable Fuels Association) A new study shows that the Renewable Fuel Standard not only saves drivers money at the gas pump every day, but also enhances energy security by greatly reducing or even eliminating the blow to our nation’s drivers when
(Renewable Fuels Association) Drone attacks Saturday in Saudi Arabia destroyed oil fields and caused a record spike in oil prices overnight, again calling into question claims that increased U.S. oil production has made America energy independent. The following is a statement
(SABIC) o SABIC and customers Unilever, Vinventions and Walki Group will introduce ISCC certified circular polymers in 2019 during a market foundation stage. SABIC’s certified circular polymers will be produced in The Netherlands from a recycled plastic waste feedstock developed
(Argaam) Jazan Energy and Development Co. (JAZADCO) has signed a joint venture agreement with Delante Trading Corp to build a biodiesel plant at a SAR 56.25 million in capital, the company said in a statement to Tadawul. ... The new JV will be
(Agora Verkehrswende) According to a new report, CO2 emissions from transport are still rising. If immediate action is not taken, more radical measures will be unavoidable in the future. -- To keep global temperature rise well below 2 degrees Celsius, the world’s
(King Abdullah University of Science and Technology/Phys.org) ... This work on glycerol carbonate also supports Saudi Arabia's Vision 2030 initiative, which aims to diversify the Kingdom's economy from its current reliance on the oil industry. (Binod) Giri explains that this research
by Jim Talent (The Hill/Americans for Energy Security and Innovation) Following the mysterious death of columnist Jamal Khashoggi, Washington was hit with a stark reminder that America remains glaringly vulnerable to economic threats from the oil oligarchs of the world. Saudi
(King Abdullah University of Science and Technology/EurekAlert) Switching to renewable fuels could significantly lower exhaust emissions of toxic nitrogen oxides (NOx) as well as curbing global greenhouse gas emissions. Researchers at KAUST have combined computer analysis with laser-based NOx concentration measurements
(King Abdullah University of Science and Technology/EurekAlert) Highly fuel-efficient new engine designs could significantly reduce the environmental impact of vehicles, especially if the engines run on renewable nonpetroleum-based fuels. Ensuring these unconventional fuels are compatible with next-generation engines was the aim
by Alex Lawler (Reuters) Oil will soon cost $100 per barrel due to supply disruptions caused by U.S. President Donald Trump, Iran’s OPEC Governor told Reuters on Thursday, as he warned expectations that Saudi Arabia and Russia would help bring down
by Jeff Brady (National Public Radio) The United States oil business is booming and the country could soon be the largest crude oil producer in the world. Despite this record-breaking production, climate change activists campaigning to move away from fossil fuels
by David Ignatius (The Washington Post) ... So how can the United States and its closest allies alter (Russian President Vladimir) Putin’s behavior, if they’re truly serious about holding Russia to account? The answer, say several former senior CIA officials,
by Kelsey Tamborrino (Politico's Morning Energy) ME never thought global oil companies would be huge fans of electric vehicles, but the regularity of their bashing of the vehicles caught us by surprise. BP CEO Bob Dudley and Saudi Aramco CEO Amin Nassir
(Hoosier Ag Today) Cary Sifferath, Senior Director of Global Programs with the U.S. Feed Grains Council, reminds us that U.S. ethanol is the cheapest source of octane in the world and that the U.S. even sells ethanol to Saudi Arabia
by Gary Truitt (Hoosier Ag Today) ... Another aspect of U.S. agricultural exports that is changing is ethanol and its byproduct DDGs. In the past 3 years, U.S. exports of ethanol have grown significantly. Cary Sifferath, Senior Director of Global Programs
(POET) Distillers grains use is growing under a new partnership that will expand availability of premium Dakota Gold feed in the Middle East. U.S.-based POET, the largest biofuels producer in the world, has signed a partnership agreement with U.S.-based Al Dahra ACX,
by Zainab Calcuttawala (OilPrice.com) There will be an OPEC deal extension—no matter the public tussling between opposing forces in the industry cartel—if the world's largest oil producers are really determined to end the supply glut. A failure to agree on the market
(EurekAlert!/King Abdullah University of Science & Technology) Red Sea surgeonfish use metabolically diverse giant bacteria to digest different types of algae, according to new research. Not only do these findings explain the basis of surgeonfish diversity, but they may also provide
by Lisa Gibson (Ethanol Producer Magazine) The U.S. Grains Council is working to develop ethanol markets in east Africa, which are accessible through the Persian Gulf. Brian Healy, USGC’s vice president of ethanol market development, traveled to Kenya recently to speak
(KAUST Discovery) Insight into the thermal decomposition of a potential fuel additive shows it could promote cleaner and more efficient combustion. -- An additive for conventional fuel comprised of oxygenated organic compounds could help reduce the release of pollutants into the
(Reuters) China ethanol exports surged six-fold in July from a year ago as producers took advantage of cheaper corn to boost output following a change in government policy, customs data showed on Wednesday. ... China has been encouraging processors to use up
by Penney Kome (rabble.ca) ... Almost everyone is targeting fossil fuel consumption and, by extension, Big Oil. Most of us see the oil business as gas stations, or as mammoth corporations, or as roughnecks wrestling with oil rig hoses. Actually, says
by Dominique Patton and Josephine Mason (Reuters) China's ethanol exports soared in April from the same month the year before and imports slowed to a trickle, the latest sign that Beijing's drive to ramp up local output is upending trade flows
by Abdul-Sattar Nizami (King Abdulaziz University, Center of Excellence in Environmental Studies (CEES)) (RenewableEnergyFocus.com) The conservation of biomass is essential for ensuring a continuous and quality supply of feedstock for biofuel facilities around the year. However, the conservation of biomass
by Dana Khraiche (Bloomberg) “President Trump has policies which are good for the oil industries,” (Saudi Energy Minister Khalid) Al-Falih said in an interview with the BBC. “He has steered away from excessively anti-fossil-fuel, unrealistic fossil-fuel policies.” READ MORE LISTEN/WATCH to interview
by Dana Khraiche (Bloomberg) Saudis sees no problem with U.S. oil growth: Al-Falih to BBC; Kingdom may boost investment in U.S. refining, distribution -- President Donald Trump’s energy policies are good for the petroleum industry and Saudi Arabia sees no problem
by Tsvetana Paraskova (OilPrice.com) ... Although this view that low-cost producers would try to seize more market share comes from an oil major with significant interests in Russia and Iraq, for example, BP may not be wrong in predicting that the
by Geoffrey Smith (Fortune) The U.S. can realize President-elect Donald Trump’s dream of independence from foreign oil “foes” and “cartels”–but he likely won’t live to see it unless he embraces the kinds of policies he’s campaigned against, according to a
by Retired Maj. Gen. Paul D. Eaton (The Hill/VoteVets.org) Ninety-seven percent America’s motor fuel is blended with homegrown ethanol. From an energy security perspective, this is major progress that should be celebrated and encouraged. Energy is not a luxury; it’s a necessity
by Emmanuel Ntirenganya (AllAfrica.com) The Government has given investors from Mauritius the green light to set up a sugar processing factory in the country. The agreement will see the investors construct a factory with capacity to produce 100,000 tonnes of sugar
by Brian Murphy (The Washington Post) ... When Saudi Arabia’s deputy crown prince, Mohammad bin Salman, begins meetings this week in Washington and New York, he will be pitching an audacious idea: How the kingdom wants to reinvent its economy
by Nick Cunningham (OilPrice.com) Global supply still exceeds demand, but there are solid signs that the overhang is finally starting to ease. Storage levels are high, but are expected to come down. Where does that leave us? With so many energy
by Angela Charlton (Associated Press/Washington Post) Monaco’s government says it’s investigating how an alleged vast oil corruption scandal involving a Monaco-based company long went unnoticed, even though the principality has opened up its financial sector and cracked down on tax
(Morgan Stanley) As the world embraces a low-carbon economy, should investors change how they view fossil fuel investments? -- ... Most investors interested in establishing a fossil-fuel aware portfolio can follow a four step roadmap to evaluate and apply this framework:
by Jim Lane (Biofuels Digest) The following slides and comments are excerpted and expanded from remarks by Digest editor & publisher Jim Lane at the Energy Security Breakfast at ABLC 2016, held last week in Washington. The premise I’d like to
by Anders Fogh Rasmussen and Peder Holk Nielsen (Novozymes) Former Secretary General of NATO Anders Fogh Rasmussen and Novozymes’ CEO take steps to highlight Europe’s problematic addiction to oil – and what can be done about it -- ... Europe is
For Immediate Release February 12, 2016—Frederick, MD Advanced Biofuels USA correspondent Robert E. Kozak analyses the potential for a reinvigorated US shale oil/gas industry with and without government subsidies; and compares it to the potential for near-term growth of renewable sustainable clean,
Efforts to promote a sustainable use of natural resources are not a waste of money, but rather an investment capable of providing other economic benefits in the medium term. If we look at the larger picture, we can see that
(U.S. Grains Council) Two U.S. Grains Council members recently traveled to Saudi Arabia to participate in consultations with sophisticated grain buyers and USGC's local consultant, demonstrating the value of distillers dried grains with solubles (DDGS) as part of a nutritious
by Jim Lane (Biofuels Digest) In France, President Obama and French President Hollande, along with a wide range of other top global leaders, are announcing today the launch of “Mission Innovation,” a 20-country initiative to dramatically accelerate public and private
by Jarrett Renshaw and Catherine Ngai (Reuters) ... North Dakota's Bakken production peaked at 1.153 million barrels per day in June, and had fallen to 1.13 million barrels per day by August, according to state data. The supply restraint has made Bakken
by Jim Lane (Biofuels Digest) The Digest looks at security and energy security --- ... This week, the head of Russian state intelligence service, Alexander Bortnikov,warned of a potential “invasion of Central Asia”by Taliban or ISIS forces. And, the US and
by Robert E. Kozak* (Advanced Biofuels USA) Conventional wisdom about declining oil prices, mostly originating from US Department of Energy/Energy Information Administration (DOE/EIA), says the fall of oil prices over the past fifteen months is simply a result of an
by former Senator Jim Talent (The Gazette) I’m old enough to remember when energy first became a national security issue during the original energy crisis in the early 1970s. That was the first time America realized that we were dependent
by By Leonard Brecken (OilPrice.com) ... Earlier in the year I documented half a dozen media reports which turned out to be 100 percent false. Now I expose another half dozen in just the past few weeks. Prices remain unchanged as a
by By Gaurav Agnihotri (OilPrice.com) The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record
by Jeffrey Ball (The Atlantic) ... Saudi Arabia produces much of its electricity by burning oil, a practice that most countries abandoned long ago, reasoning that they could use coal and natural gas instead and save oil for transportation, an application
by Sam Nejame & James Evangelow (Biofuels Digest/Promotum and Chemical Strategies) Sad to say Cobalt Technologies is dead – no really they’re dead – it’s not just double secret probation anymore. Although you’d almost not even know it given how quiet the
by Jay Fitzgerald (Boston Globe) Is America’s energy boom coming to an end? As companies shut down oil- and gas-drilling rigs and lay off thousands of workers who toiled in shale fields in North Dakota, Texas, and elsewhere, many analysts
by Darrell Delamaide (Oilprice.com/Time Magazine) Decreasing prices in solar power could provide opportunities for oil-poor countries ... The recent decline in oil prices won’t make solar power uneconomic, the influential official said. “I believe solar will be even more economic than fossil
By Gaurav Agnihotri (OilPrice.com) History has been so fascinated with oil and its price movements that it is indeed hard to imagine our future without oil. Over the last few months, we have witnessed how oil prices have fluctuated from
by James Stafford (OilPrice.com) Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers. According to OPEC’s latest monthly oil report, Saudi Arabia boosted its oil output to 10.31 million barrels per day in April, a
by Martin Tillier (OilPrice.com) ... The low price brigade cites another factor in making their predictions, the rise of alternative energy sources. There is no doubt that there have been significant advances in that area, particularly in wind and solar power, but,
by Imran Khan (Algae Industry Magazine) The global demand for fossil fuels is swelling against a tight economic environment and the Middle East is no exception. The domestic consumption of energy in the region is increasing at an astonishing rate.
by Jim Lane (Biofuels Digest) ... Here’s what’s going on, as illustrated in this EIA chart, which shows the imbalance between increases in demand and the increases in non-OPEC production. In short, non-OPEC oil is being dumped on the market faster
by Alex Lawler, Amena Bakr and Dmitry Zhdannikov (Reuters) Saudi Arabia's oil minister told fellow OPEC members they must combat the U.S. shale oil boom, arguing against cutting crude output in order to depress prices and undermine the profitability of
by John Voelcker (Green Car Reports) ... Now, another country is discussing new regulations that would require both new and imported used vehicles to meet minimum gas mileage standards. That country is the Kingdom of Saudi Arabia. Energy use exceeds growth The reason
(Americans United for Change/Biodiesel Magazine) Pro-renewable fuel standard, pro-American jobs groups Americans United for Change and VoteVets.org held a press call April 30 to reveal damaging IRS documents showing that Saudi oil money is clearly helping finance the millions of dollars
by Ron Kotrba (Biodiesel Magazine) Portugal-based biodiesel technology provider Incbio announced it has signed an agreement with Saudi Arabia-based Bio Renewable Energy Factory to supply a 40,000 ton per year (12 MMgy) ultrasonic biodiesel refinery. BREF plans to use animal
(MENAFN-Arab News) Saudi Arabia will be one of the few algae producing countries around the world, with production capacity expected to reach 30,000 tons by 2014, said Jaber Al-Shehri, undersecretary of research and agricultural development at the Ministry of Agriculture. A
by Ron Kortrba (Biodiesel Magazine) Saudi Arabia-based National Prawn Co. and the German chemical giant BASF have signed an agreement to work together in developing algae technology. NPC is experienced in designing, building and operating large manmade lakes for its
(25 x '25) ...It is interesting to see the advances in renewable energy being made in, of all places, nations with the largest oil reserves in the world. According to a recent report from Ernst and Young, Saudi Arabia, along
by Jim Lane (Biofuels Digest) In California, Global Clean Energy Holdings announced that it has acquired Sustainable Oils, a leader in Camelina genetics and production. The acquisition includes 100% ownership interest of Sustainable Oils and the ownership of the key intellectual
(Saudi Gazette) Sinnar state signed a partnership with the Saudi Tala Company to produce sugar, ethanol and bio-fuel in Sinnar state from the Jatropha tree to be cultivated in an area estimated at 165,000 acres at a cost of $650
by Amit Mitra (The Hindu Business Line) Bio-fuel maker Biomax Fuels has set up a 50:50 joint venture with the Jeddah-based Middle East Environment Protection Co to set up the first bio-fuel plant in Saudi Arabia. The $40-million plant, which is
by John Daly (OilPrice.com) Renewable energy, currently a Republican object of derision and attack on the Obama administration in next month’s U.S. presidential election, may have found a most unlikely ally. Saudi Arabia. In an exclusive, Britain’s “Guardian” newspaper is reporting that
(Algae Industry Magazine) Salman Zafar writes in Ecomena.org that King Abdulaziz City for Science & Technology is funding an innovative project called the Saudi Arabia Biorefinery from Algae (SABA) Project, to screen species for lipid hyper-producers in Saudi Arabian coastal waters.
by Brent Erickson (BIO/Biofuels Digest) Despite oil industry claims of “$10 million in fines for non-existent fuels” – they paid exactly $19,010.16 for cellulosic ethanol waivers in 2010, costing US consumers 14 millionths of one penny per gallon. So why
(AgriMarketing) ...Culminating years of U.S. Grains Council efforts, the Kingdom of Saudi Arabia has added corn gluten feed (CGF) and distiller's dried grains with solubles (DDGS) to its import feed ingredient subsidy list, creating a strong incentive for sales. It
(CNN) ...In an interview broadcast Sunday on "CNN's Fareed Zakaria GPS," the grandson of the founding king of modern Saudi Arabia said the oil price should be somewhere between $70 and $80 a barrel, rather than the current level of
by Kevin G. Hall (McClatchy Newspapers) When oil prices hit a record $147 a barrel in July 2008, the Bush administration leaned on Saudi Arabia to pump more crude in hopes that a flood of new crude would drive the
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