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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 gas prices, standing before a large tractor as he declared
Saudi Arabia
(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 gasoline, researchers at KAUST have shown. The development of such
May 2, 2022
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(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 Hydrogen Pipeline Network Air Products (NYSE: APD) announced today that
April 29, 2022
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(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 Project”. The ambitious, regenerative tourist project – planned for Saudi
April 29, 2022
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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 than 800 million litres of SAF within the next five
March 30, 2022
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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 on completion — A Saudi Arabian energy group is to invest
March 16, 2022
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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 there was a time that underscores the need to
March 15, 2022
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(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 operate the facility, which is expected to be in
March 13, 2022
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(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 co-creation of an Urban Air Mobility ecosystem in the kingdom.
March 9, 2022
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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 fuel source for generating electricity and powering ships. … The
February 7, 2022
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(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 of a sustainable aviation fuel (SAF) blend on 83% of
December 23, 2021
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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 reserves to quell high energy prices. The Biden administration has asked
November 22, 2021
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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 nations continue to provide major funding for the production and
November 4, 2021
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(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 solutions for passenger cars as well as trucks. They
September 24, 2021
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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 nuclear energy, now has serious hydrogen ambitions. The country has the
September 23, 2021
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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 make that a reality. BP BP 3.36% PLC, Royal Dutch Shell RDS.A 3.67% PLC and TotalEnergies SE are all
July 26, 2021
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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 billion to subsidize electric cars, but little for biofuels. As
July 16, 2021
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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 in Saudi Arabia and the United Arab Emirates in hopes
July 7, 2021
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(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 its Net Zero Biofuel™ for Saudi Arabia’s most ambitious regenerative
June 2, 2021
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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 and will be home to a million people. And what
May 17, 2021
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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 Agency (IAE), recently during a recent conference called to discuss an
March 19, 2021
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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 above 90%, Topsoe’s proprietary SOEC electrolyzers offer superior performance in
March 8, 2021
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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 in chemistry, hydrotreating, or fuel cells? 1898 & Co.’s Dave
February 3, 2021
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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 comprehensive program to accelerate innovations in energy-efficient plastics recycling
February 2, 2021
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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 experts are predicting that hydrogen could become a globally traded
December 18, 2020
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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 in infrastructure, electric vehicles, renewable energy, efficient buildings and in
November 3, 2020
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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. Car Bans in the U.S.: Could we see other states follow
October 29, 2020
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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, each with different carbon footprints—and different impacts on the climate.
October 13, 2020
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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 of 10 megawatts (MW) in 2023, 250 MW in 2027,
August 31, 2020
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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 renewables to decarbonize heavy transport including road freight, shipping and
July 24, 2020
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(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 Ammonia facility to be built in Texas, US, which will
July 20, 2020
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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 reduced carbon intensity. The Oil and Gas Climate Initiative
July 17, 2020
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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 Saudi Arabia, as the coronavirus crisis accelerates longer-term structural changes
June 22, 2020
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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 the Permian Basin in the west to the Haynesville Shale
April 27, 2020
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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 to the administration clamor for help, according to four people
March 10, 2020
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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 U.S. to Brazil mandated the use of biofuels. About a
March 10, 2020
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(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 gas, and other chemicals. The results could be revolutionary in
March 5, 2020
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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 site on Wednesday, was hosted by the U.S. Grains
October 18, 2019
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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 Renewable Fuels Association. “Total imports of oil into U.S. have
October 3, 2019
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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 against each other. The oil industry is opposed to the
September 20, 2019
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(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 global oil production is disrupted. The analysis confirms that the growing supply
September 19, 2019
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(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 from Renewable Fuels Association President and CEO Geoff Cooper: “The
September 16, 2019
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(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 by PLASTIC ENERGY and offer a drop-in alternative for customers
February 3, 2019
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(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 located in King Abdullah Economic City (KAEC) and
December 21, 2018
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(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 leading economies must act immediately to reduce transport emissions.
December 11, 2018
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(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 stems from the idea that some of the hydrocarbons
December 5, 2018
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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 Arabia quickly issued a warning that any sanctions will be met with
October 24, 2018
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(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 to understand NOx production pathways in different fuel types. The
August 24, 2018
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(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 of a new computational study on fuel ignition behavior at
August 24, 2018
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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 prices were in vain. Trump again accused the Organization of
July 6, 2018
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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 say they are making progress. Here’s the idea underpinning the “keep
March 16, 2018
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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, is to use America’s network of alliances to put Russia
March 16, 2018
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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 both took time during their speeches at the CERAWeek conference
March 7, 2018
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(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 that they use to blend with low octane gasoline. READ
December 5, 2017
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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 with the U.S. Feed Grains Council, says 70% of the
December 5, 2017
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(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, a subsidiary of Al Dahra Holding and a leader
November 27, 2017
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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 remediation would cause oil prices to plummet immediately, forfeiting
(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 a valuable genetic resource for biofuel research. An international team
October 13, 2017
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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 at a regional ethanol conference, and used the opportunity to
October 10, 2017
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(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 atmosphere during the combustion of fossil fuels. Researchers from KAUST
(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 the country’s vast but aging corn stockpiles. In
August 24, 2017
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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 a dear friend who’s spent his career examining and investing
July 24, 2017
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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 in the world’s fastest-growing biofuel market. China has been pushing
May 23, 2017
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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 needs appropriate pretreatments in order to guarantee a high quality
April 14, 2017
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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 (BBC)
February 3, 2017
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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 with growth in U.S. oil production as long as it’s
February 3, 2017
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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 abundance of oil resources would prompt the lowest-cost producers to
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 new study out Wednesday. In its World Energy Outlook for
November 17, 2016
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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 that has shaped conflicts across the globe and plunged
October 21, 2016
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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 per year. … The new factory, which will be set
August 9, 2016
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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 and move away from its dependence on oil sales to
June 14, 2016
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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 investors unsure of where the markets are heading, Oilprice.com
April 11, 2016
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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 dodging. Monaco police carried out several raids and detained executives
April 1, 2016
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(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: Assess: In other words, “know what you own” by assessing
February 24, 2016
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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 explore today is a simple one to describe, and
February 24, 2016
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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 addicted to oil. We live in a fossil-fuel-driven economy, and
February 23, 2016
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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, low greenhouse gas emissions liquid transportation fuels. In this insightful
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 more diversified and innovative forms of production which impact less
(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 but lower cost feed ration. Diaa Ghaly, director of business
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 global clean energy innovation to address global climate change, provide
November 30, 2015
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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 crude relatively more expensive after transport costs than oil
November 4, 2015
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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 China are in a tense situationin the Pacific theater,
October 30, 2015
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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 increase in oil supply, mostly from Saudi Arabia. As is
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 on a global oil market that was controlled by foreign
October 27, 2015
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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 result of the largest drop in production in a year,
August 4, 2015
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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 level. As if being the world’s biggest exporter of oil
July 28, 2015
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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 for which there is no mainstream alternative. Most of Saudi
July 6, 2015
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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 company’s been over the last few years. And after the
June 25, 2015
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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 are wondering whether the United States is closing in on
June 8, 2015
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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 fuels,” (Saudi Arabian oil minister Ali al-)Naimi told those attending
June 2, 2015
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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 a 6 year low level of $42.98 per barrel in
May 13, 2015
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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 slight increase over the previous month’s total of 10.29
May 13, 2015
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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, according to the EIA, renewables currently account for 11 percent
March 4, 2015
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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. Saudi Arabia’s consumption of oil and gas has risen by
February 25, 2015
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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 than rising demand can catch up with it: And we
January 14, 2015
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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 North American producers. Ali al-Naimi won the argument at Thursday’s
December 1, 2014
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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 for the proposed rules is simple: Energy
July 9, 2014
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(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 worth of smear ads that the “American” Petroleum Institute is
May 7, 2014
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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 fats from the Saudi rendering industry. READ MORE
February 6, 2014
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(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 promising project to transplant algae in Saudi Arabia aims
November 26, 2013
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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 shrimp business, and more recently the firm is developing research
July 17, 2013
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(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 with Egypt and Morocco, are highly ranked in terms of
May 3, 2013
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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 property and operational assets. Camelina is the only non-food based
March 15, 2013
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(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 million. …Khalid Al Deyaee, manager of Tala Company, said that
December 18, 2012
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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 expected to be commissioned by 2013-end, will use used
December 11, 2012
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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 Saudi Arabian Prince Turki Al Faisal Al Saud,
October 28, 2012
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(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. These species will be the basis for the region’s next-generation
October 24, 2012
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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 exactly are refiners and their surrogates investing millions in an
August 2, 2012
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(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 also increased the subsidy for sorghum, a step expected to
August 10, 2011
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(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 over $100 a barrel. “We don’t want the West to
May 31, 2011
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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 price down. The Saudis complied, but not before warning that
May 26, 2011
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by Querubin J. Minas (The Saudi) In line with the Saudi government’s initiative to diversify energy resources and promote clean environment at the same time, a US company is introducing an innovative, versatile biofuel solution to produce ethanol using waste paper and whey as feedstocks. …The Modular Ethanol Production
January 12, 2011
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