• The Green Bison facility in Spiritwood is North Dakota's first dedicated soybean processing complex, and is a major step towards meeting increased demand for renewable fuels, in this case renewable green diesel. (admis.com)
  • Green Bison Soy Processing will source and process local soybeans, with the resulting oil supplied exclusively to Marathon as a feedstock for renewable fuels. (admis.com)
  • Renewable energy sources, such as solar, wind, hydroelectric, and geothermal power, have gained significant traction as viable alternatives to traditional fossil fuels. (spepennstate.org)
  • Neste has expanded its capability to supply renewable fuels to customers on the West Coast of the United States in cooperation with Vopak, a leading energy industry infrastructure provider. (greencarcongress.com)
  • The US Department of Energy (DOE) Solar Energy Technologies Office (SETO) announced the Solar-thermal Fuels and Thermal Energy Storage Via Concentrated Solar-thermal Energy funding opportunity, which will award $30 million for projects to produce fuels via renewable energy resources and improve thermal energy storage technologies. (greencarcongress.com)
  • Prospects for synthetic fuels and renewable energy are also presented. (osti.gov)
  • WOBURN, Mass., May 01, 2023 (GLOBE NEWSWIRE) -- Yield10 Bioscience, Inc. (Nasdaq:YTEN) ("Yield10" or the "Company"), an agricultural bioscience company, today announced that it has signed a non-binding Letter of Intent ("LOI") with Marathon Petroleum Corp. (NYSE: MPC, "Marathon") for a potential investment and offtake agreement for low-carbon intensity Camelina feedstock oil for use in renewable fuels production. (globenewswire.com)
  • The Clean Fuels Conference connects key players of the biodiesel, renewable diesel and sustainable aviation fuel industry for one can't-miss event. (biodieselmagazine.com)
  • Conventional (petroleum-based) fossil fuels are made from crude oil - hydrocarbons, organic compounds, and small amounts of metal from millions of years ago. (government-fleet.com)
  • To make fossil-based fuels such as petroleum diesel, crude oil is removed from the ground, pumped into a refinery, and refined through a heat- and pressure-based process called hydrogenation. (government-fleet.com)
  • Unlike petroleum diesel, biodiesel does not rely on fossil fuels. (government-fleet.com)
  • VLO manufactures and markets petroleum-based and low-carbon liquid transportation fuels and petrochemical products. (entrepreneur.com)
  • Growth Drivers: The global renewable diesel market has been growing over the past few years due to the factors such as growing motor vehicle production, rising carbon emission, depletion of fossil fuels, growing aviation industry, policy support for renewable diesel, increasing investment in renewable diesel, etc. (marketresearch.com)
  • If the petroleum companies really want to be the "energy providers" of the future for transportation, they must invest their petro-dollars into the next generation of renewable and sustainable energy sources - automotive batteries, renewable fuels from biomass and biogenic carbon sources. (startribune.com)
  • In June, Goldman Sachs shared their expectation that spending for renewable power projects will become the largest area of energy spending in 2021, surpassing upstream oil and gas for the first time in history. (forbes.com)
  • According to the report, renewable power will reach 25% of total energy supply capex in 2021, beating out hydrocarbons for the first time ever. (forbes.com)
  • Dallas Petroleum recorded a decrease of 0.84% in total oil and gas production to 1,839.83 boe/d in December 2021 when compared with the previous month, according to GlobalData's USL48 database. (offshore-technology.com)
  • The oil and gas production of Dallas Petroleum declined 18.19% in December 2021 from 2,248.95 boe/d in December 2020. (offshore-technology.com)
  • Looking at the states where Dallas Petroleum recorded the highest oil and gas production in December 2021, Texas figured at the top, accounting for a 100% share. (offshore-technology.com)
  • Dallas Petroleum witnessed the highest oil and gas production in Gregg county in December 2021. (offshore-technology.com)
  • In June 2021, the Norwegian Ministry of Petroleum and Energy announced several proposals for public consultation, aiming at 2-3 GW initially. (trade.gov)
  • In 2021, bp announced plans for a $269 million investment in three projects at Cherry Point aimed at improving the refinery's efficiency, reducing its carbon dioxide (CO 2 ) emissions and increasing its renewable diesel production capability. (bp.com)
  • The global renewable diesel market by production has reached 2.61 billion gallons in 2021. (marketresearch.com)
  • The global consumption of renewable diesel has increased to 2.70 billion gallons in 2021 and is expected to reach 6.89 billion gallons by 2027. (marketresearch.com)
  • In 2021, the US was the sole producer of renewable diesel in the North American region. (marketresearch.com)
  • In 2021, the tallow held the major share in the US renewable diesel market owing to its properties like the high centralized generation in slaughter/processing facilities and comparatively low prices. (marketresearch.com)
  • Sterling and Wilson Renewable Energy Limited a renewable engineering procurement and construction company has won orders worth Rs 826 crore in the first four months of FY 2023-24. (indiatimes.com)
  • and Occidental Petroleum Corp OXY . (forbes.com)
  • Occidental Petroleum Corp. ( NYSE: OXY ) engages in the acquisition, exploration and development of oil and gas properties in the United States, the Middle East, Africa and Latin America. (247wallst.com)
  • As of 2022, oil and gas companies owned little over 1% of the total installed renewable energy capacity in a market dominated by traditional power producers. (offshore-technology.com)
  • Renewable energy-based power generation is expected to grow at a CAGR of 6.9% between 2022 and 2030. (offshore-technology.com)
  • Renewable diesel production is expected to grow at a CAGR of 19.09% during the forecast period of 2022-2027. (marketresearch.com)
  • U.S. refiner HollyFrontier Corp said on Monday it would convert its petroleum refinery in Cheyenne, Wyoming into a renewable diesel production plant, as it looks to expand its renewables business. (infodecay.com)
  • The conversion will result in the company ceasing petroleum refining at the refinery and cutting 200 jobs. (infodecay.com)
  • Marathon Petroleum's refinery in Martinez, California (U.S.), has been repurposed to produce renewable diesel--using Topsoe's HydroFlex technology--through the company's joint venture with Neste. (hydrocarbonprocessing.com)
  • It was the first northwest refinery capable of co-processing renewable diesel made from biomass-based feedstocks. (bp.com)
  • With most 2013 state legislative sessions now adjourned or waning, Stateline , the daily news of the Pew Charitable Trusts, reports that 'no state this year repealed its renewable energy requirement, lowered its percentage mandate or extended utilities' deadlines for meeting it,' despite strong efforts by the American Legislative Exchange Council (ALEC) and other groups to get such legislation passed. (bricker.com)
  • CHICAGO & FINDLAY, Ohio-(BUSINESS WIRE)- ADM (NYSE: ADM) and Marathon Petroleum Corp . (NYSE: MPC) today celebrated the opening of their joint venture soybean processing complex, Green Bison Soy Processing, with a ribbon-cutting ceremony. (admis.com)
  • The short answer is it's a fuel that is chemically similar to petroleum diesel, but is 100% renewable and sustainable. (government-fleet.com)
  • Renewable diesel is processed similar to the way petroleum diesel is produced, which makes it chemically the same as petroleum diesel. (government-fleet.com)
  • This fuel is chemically identical to petroleum diesel, but has a lower carbon footprint. (bp.com)
  • Renewable diesel is a hydrocarbon that is chemically equivalent to petroleum diesel and can be used as a drop-in biofuel and can be transported in petroleum pipelines and sold at retail stations with or without blending with petroleum diesel. (marketresearch.com)
  • The continued growth in demand for renewable green diesel presents a transformative opportunity for the oilseed industry, for producers, and for increasing the sustainability footprint of our transportation system, and we're proud to join with Marathon Petroleum as leaders in that transformation. (admis.com)
  • Emerging interest in sustainable energy resources would emphasize the adoption of renewable products, which is expected to increase the demand for renewable diesel and thereby contribute to its capacity growth in Asia. (marketresearch.com)
  • The facility will produce approximately 600 million pounds of refined soybean oil annually, enough feedstock for approximately 75 million gallons of renewable green diesel per year. (admis.com)
  • Renewable diesel capacities are going through a phase of rapid expansion in the US, led by global refiners retrofitting existing fossil fuel refineries to process renewable feedstock. (marketresearch.com)
  • By Feedstock: The US renewable diesel market production is further bifurcated based on the feedstock: Tallow, UCO (Used Cooking Oil), Corn Oil, Fish Oil, and Others. (marketresearch.com)
  • Neste and Hightowers Petroleum, a leading wholesale fuel supplier serving customers in the Midwest region in the U.S., have formed a strategic partnership to offer Neste MY Renewable Diesel - the first TOP TIER certified renewable diesel fuel. (biodieselmagazine.com)
  • and Neville Fernandes from Neste are pictured after the City of Oakland announced its switch to renewable diesel. (government-fleet.com)
  • The shifting economics of renewables are challenging hydrocarbon incumbents like coal, oil, and even natural gas, which means investors need to understand the finance industry's logic behind its multi-billion dollar decisions. (forbes.com)
  • Integrating renewables can enhance energy security by diversifying the energy mix and reducing dependence on volatile fossil fuel markets. (spepennstate.org)
  • Hurdle rates - a measure of risk akin to weighted average cost of capital (WACC) - for today's fossil fuel projects are calculated around 10-20% whereas renewables are in a much safer 3-5% range, and money likes to go where risk is lowest. (forbes.com)
  • Like biodiesel, renewable diesel is not a fossil fuel. (government-fleet.com)
  • State-run oil marketing companies (OMCs) Indian Oil Corp, Bharat Petroleum Corp, and Hindustan Petroleum Corp are looking for a solution to the high card transaction fees for petrol and diesel purchases. (indiacatalog.com)
  • New Delhi: Indian Oil and Bharat Petroleum Corp (BPCL) are both keen to acquire gas utility GAIL India to become fully integrated energy companies. (indiacatalog.com)
  • New Delhi: Fuel retailers Indian Oil Corp. Ltd., Hindustan Petroleum Corp. Ltd. and Bharat Petroleum Corp. Ltd. are expanding their network of liquified petroleum gas (LPG) dealerships by appointing more than 6000 new distributors, the oil ministry said on Friday. (indiacatalog.com)
  • Mumbai: State-run Bharat Petroleum Corp. Ltd (BPCL) will shortly hit the market to raise $500 million to partly fund its planned capital expenditure of Rs8,000 crore for this fiscal, two people aware of the development said. (indiacatalog.com)
  • By using a minimum of 14% of renewable energy in road and rail transport by 2030, renewable diesel is expected to be used as an alternative for refineries to meet Europe's renewable energy directive-II (RED-II) goals, leading to market growth. (marketresearch.com)
  • As the world continues to grapple with the urgent need to address climate change and transition towards sustainable energy sources, industries like petroleum engineering are undergoing a transformative shift. (spepennstate.org)
  • Companies such as TotalEnergies, Shell , and BP are expected to have over tenfold increase in their respective renewable capacities by 2030. (offshore-technology.com)
  • Petroleum engineers' skills in reservoir characterization can be applied to identify optimal locations for solar farms. (spepennstate.org)
  • DGF's fuel production system is based entirely on cellulosic waste products, such as wood waste from the logging industry, and renewable energy sources, such as wind and solar power. (greencarcongress.com)
  • Shell has invested in the development of a variety of renewable energy projects such as solar, wind, and biofuels. (offshore-technology.com)
  • This has led to growing concerns about the sustainability of relying solely on petroleum-based energy sources. (spepennstate.org)
  • Utilize news about renewable and non-renewable energy sources, technologies, issues, leaders and trends affecting the energy industry. (pr.com)
  • Welcome to our podcast about transitioning to renewable energy sources! (ntnu.edu)
  • Based on new environmental regulations focusing on volatile organic compounds (VOCs) at the emissions point of a refinery's sulfur recovery unit (SRU), Raffineria di Milazzo-a JV between Eni and Kuwait Petroleum Italia-carried out troubleshooting activities to identify and implement suitable actions to minimize the concentration of VOCs at the emissions point of the SRU complex. (hydrocarbonprocessing.com)
  • APA encourages adoption of a long-term sustainable national energy policy, addressing decreasing availability of petroleum, energy self-sufficiency, economic competiveness, greenhouse gas emissions, environmental protection, and social equity. (planning.org)
  • The oil and gas industry's energy transition requires long-term planning that will reduce or eliminate carbon emissions, however, by diversifying their energy portfolios to include renewable energy projects, companies can make rapid progress, helping to achieve specific interim targets by the end of the decade. (offshore-technology.com)
  • Renewable diesel fuel can allow fleets to substantially reduce carbon emissions and petroleum use, and improve air quality without sacrificing power, -performance, or driving range. (government-fleet.com)
  • Because it has the same chemical structure as petroleum diesel, renewable diesel can be used in engines that are designed to run on conventional diesel fuel - with no blending required. (government-fleet.com)
  • As the energy landscape evolves, petroleum engineers will need to acquire new skills to work on renewable energy projects. (spepennstate.org)
  • It also outlines the Australia's natural resources and industries, such topics as petroleum industry, natural gas, coal industry, uranium mines, and electricity are included. (osti.gov)
  • Coal is no longer the economic choice for electrical power generation, now being slowly replaced with renewables like wind turbines and photovoltaics. (startribune.com)
  • Schaeffer said fleets that have turned to renewable diesel have done so as part of a low-cost strategy to meet sustainability goals. (government-fleet.com)
  • The Biodiesel Summit: Sustainable Aviation Fuel & Renewable Diesel is a forum designed for biodiesel and renewable diesel producers to learn about cutting-edge process technologies, new techniques and equipment to optimize existing production, and efficiencies to save money while increasing throughput and fuel quality. (biodieselmagazine.com)
  • But to really understand it, it's helpful to back up and understand the difference between it and its predecessors, petroleum diesel and biodiesel. (government-fleet.com)
  • Renewable diesel, much like biodiesel, is derived from waste agricultural products, particularly waste vegetable oils and waste animal fats," said Allen Schaeffer, executive director of the Diesel Technology Forum. (government-fleet.com)
  • Renewable diesel differs from biodiesel, however, in how it's processed. (government-fleet.com)
  • Because it's hydrogenated, renewable diesel doesn't contain -oxygen, and therefore users will not encounter the challenges biodiesel presents relating to freezing temperature and storage. (government-fleet.com)
  • Thanks to hydrogenation, renewable diesel also burns cleaner than biodiesel. (government-fleet.com)
  • HollyFrontier said it expects to invest between $650 million and $750 million in its renewables business. (infodecay.com)
  • An indication of the commitment to these developments from Norwegian companies is the fact that Equinor, Norway's largest company and a significant international energy company, has committed to invest USD 23 billion in renewables (mostly offshore wind) over the next five years. (trade.gov)
  • The company plans on being a strong player in the renewable electricity value chain by strengthening its production, storage, and distribution portfolios. (offshore-technology.com)
  • By Production: The report provides insight into the renewable diesel market's production based on the regions namely Europe, North America, and Asia Pacific. (marketresearch.com)
  • One of the major reasons for the growth of renewable diesel production was the adoption of the Renewable Energy Directive (RED) II. (marketresearch.com)
  • When renewable diesel became available commercially in northern California, the city seized the opportunity . (government-fleet.com)
  • It is anticipated that Indonesia would be the main consumer of renewable diesel by the end of 2027, with the highest CAGR. (marketresearch.com)
  • Audio/Video , Climate Change , Energy Issues , In Spanish - En español , Nuclear Power , Spent Nuclear Fuel and High-Level Waste , and Technical Reports . (ieer.org)
  • But renewable diesel gives you the ability to convert your entire diesel--powered fleet to alternative fuel overnight," said Richard Battersby, CAFM, CPFP, manager of equipment services for the city. (government-fleet.com)
  • Also, the renewable diesel industry is set to grow with fuel refiners looking for alternative growth paths in a low-carbon world. (marketresearch.com)
  • In North America, Canada's Clean Fuel Standard is expected to boost renewable diesel use in the coming years. (marketresearch.com)
  • Offshore oil and gas: The petroleum sector continues to be a key driver for the Norwegian economy. (trade.gov)
  • The integration of renewable energy technologies into petroleum engineering practices is emerging as a promising pathway to reduce environmental impact and secure a cleaner energy future. (spepennstate.org)
  • Following the disaster that befell Japan in 2011, Masayoshi Son - CEO of Softbank Group, a telecommunications company - founded the Renewable Energy Institute (REI). (petroleumservicecompany.com)
  • State-owned oil companies - Indian Oil, Bharat Petroleum and Hindustan Petroleum - are planning to raise gas contributions to between 5 and 15 per cent of their incomes over the next few years, up from nearly none now, company executives said. (indiacatalog.com)
  • Mumbai: Wary of being left behind in the race for renewables and electric vehicles, oil marketing companies are quietly drawing up plans to expand their modest presence in renewable energy space. (indiacatalog.com)
  • The future of the oil and gas industry will be shaped by a range of disruptive themes, with renewable energy being one of the themes that will have a significant impact on oil and gas companies. (offshore-technology.com)
  • A detailed analysis of the theme, insights into the leading companies, and their thematic and valuation scorecards are included in GlobalData's thematic research report,Renewable Energy - Thematic Research. (offshore-technology.com)
  • Leading oil and gas companies are expanding their business portfolio with increasing investments in renewable energy. (offshore-technology.com)
  • As renewable technologies continue to mature, the synergy between petroleum engineering and renewables will pave the way for a cleaner and more sustainable energy future. (spepennstate.org)
  • Renewable diesel burns cleaner than regular diesel, releasing less carbon, as shown in this photo. (government-fleet.com)
  • The knowledge of reservoir management, drilling techniques, and infrastructure development can be repurposed for various renewable energy projects. (spepennstate.org)
  • The future of petroleum engineering lies in its ability to adapt and embrace renewable energy integration. (spepennstate.org)
  • While many electric utilities in the Northwest are beginning to understand that clean, renewable power is their only possible future, the gas utility sector is taking a different tack with a new pipe dream: renewable natural gas (RNG). (sightline.org)
  • Join us on our journey as we explore the benefits of renewable energy and the steps we can take to create a more sustainable future. (ntnu.edu)
  • Mavericks Renewable Energy Power Purchase Agreement delivers reliable, resilient renewable energy at a affordable rate. (pr.com)
  • In fact, the PHEV is the only existing technology that acts as a vector for transitioning our society to exclusive use of renewable resources. (greencarcongress.com)
  • Instead, it is made of nonpetroleum renewable resources such as natural fats, vegetable oils, and greases. (government-fleet.com)
  • Petroleum engineering has been a cornerstone of modern industrialization, powering economies and driving technological advancements. (spepennstate.org)
  • Petroleum engineering expertise, honed over decades, can be harnessed to accelerate the development and deployment of renewable energy technologies. (spepennstate.org)
  • The integration of advanced materials used in petroleum engineering can enhance the durability and efficiency of wind turbine components. (spepennstate.org)
  • Collaborations between petroleum engineering and renewable energy experts can drive innovation. (spepennstate.org)
  • Sterling and Wilson Renewable Energy Limited is a global pure-play, end-to-end renewable engineering, procurement and construction (EPC) solutions provider. (indiatimes.com)
  • Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions. (nationmaster.com)
  • Bachelor's degree in Chemical, Mechanical or Petroleum Engineering required. (collegegrad.com)
  • Typically, minimum of 10 years working with various Compressors and 4 years pump Engineering experience in Petroleum -Chemical, Oil & Gas Industry. (collegegrad.com)
  • She also teaches fluid mechanics (porous media flow) to 3rd year undergraduate students, environmental engineering to 4th year students, enhanced oil recovery to students on the MSc and MEng programmes in Petroleum Engineering. (abdn.ac.uk)
  • Deputy Programme Leader, MSc Renewable Energy (Engineering). (abdn.ac.uk)
  • You'll choose from a wide range of specialisations, from traditional disciplines such as civil and electrical engineering, to those tailored to modern challenges, like renewable energy engineering. (edu.au)
  • In Engineering (Honours), 19 specialisations are on offer, including Civil, Mechanical and Electrical engineering, and emerging areas like Quantum Engineering or Renewable Energy Engineering. (edu.au)
  • These efforts have failed in part due to some conservative legislators finding themselves unable to deny the jobs and other economic benefits that the renewable energy industry has brought to their states. (bricker.com)
  • Do you want to learn more about renewable energy technologies and how they can be implemented in your life? (ntnu.edu)
  • To further understand the key themes and technologies impacting the oil and gas industry, access GlobalData's latest thematic research report on Renewable Energy in Oil & Gas . (offshore-technology.com)
  • IOC and BPCL have separately indicated to the petroleum ministry their interest in taking over GAIL to help add natural gas transportation and marketing business to their kitty, official sources said. (indiacatalog.com)
  • On the surface, RNG seems like a promising solution, one with enviable branding: it's both renewable and natural! (sightline.org)
  • Bharat Petroleum launched a tender seeking a spot liquefied natural gas (LNG) cargo for delivery in January and a separate tender for three cargoes for May, August and October, trade sources said. (indiacatalog.com)
  • By Consumption: The report provides a glimpse of the consumption of renewable diesel around the world. (marketresearch.com)
  • North America, Europe, and the Asia Pacific are the three geographic regions that contribute to the global market for renewable diesel based on consumption. (marketresearch.com)
  • The Asia Pacific renewable diesel market can be segmented into the following regions based on consumption: China and Indonesia. (marketresearch.com)
  • Renewable diesel comes with a number of benefits: It's made of renewable sources, it burns clean, and it works just like traditional diesel. (government-fleet.com)
  • Its popularity can easily be explained by its very obvious potential benefits - improved sanitation, renewable energy generation and the fact that methane has a global warming potential 21 times that of CO2. (lu.se)