Polish refiner PKN sells Lotus assets to Aramco and Ministry of Labor to complete acquisition

Polish refiner PKN sells Lotus assets to Aramco and Ministry of Labor to complete acquisition

A picture of the logo of PKN Orlen, Poland’s largest oil refiner, at a gas station in Warsaw, Poland, April 25, 2019. REUTERS / Kacper Pempel Register now to get free unlimited access to Reuters.com Register WARSAW (Reuters) – Poland’s largest refiner PKN Orlen (PKN.WA) said it would sell some assets of Lotus (LTSP.WA) to … Read more

Less than half of projected renewable diesel production in the US is likely by 2025 – study

Less than half of projected renewable diesel production in the US is likely by 2025 – study

Jan. 18 (Reuters) – U.S. refiners and biofuel companies are likely to reach less than half of the renewable diesel production the U.S. government projects for 2025 due to policy and feedstock restrictions, according to a study released Tuesday from the consulting firm Serology. Several petroleum refineries across North America plan to convert facilities to … Read more

Shell says electricity will meet 60% of China’s energy use by 2060

Shell says electricity will meet 60% of China’s energy use by 2060

SINGAPORE (Reuters) – Royal Dutch Shell said on Monday that China could triple its electricity generation to supply 60 percent of the country’s total energy under Beijing’s carbon-neutral target by 2060, up from 23 percent now. Shell is one of the largest global investors in the Chinese energy sector, with businesses covering gas and petrochemical … Read more

Australia – the first grain ship to test the economic and green qualifications of biofuels

Australia – the first grain ship to test the economic and green qualifications of biofuels

The country’s first biofuel-powered grain ship is set to leave port on Sunday, only the second time the renewable fuel alternative has been used on an Australian export ship. the main points: A ship powered by 20% vegetable oil leaves port, in the second trial of its kind in Australia Critics say biofuels cannot fully … Read more

Screening Beauty Leaf Tree Seed as a Low Emission Biodiesel Source

Screening Beauty Leaf Tree Seed as a Low Emission Biodiesel Source

As Australia presses ahead with its net zero emissions commitments, some believe the key to greener fuels could be hidden in the oil-rich seeds of the native beauty leaf tree. the main points: The original beauty leaf tree can be grown in large-scale plantations on marginal land for biofuel production Researcher Nanjappa Ashwath says trees … Read more

Clarification: What’s at stake for the US Biofuel Blending Act in 2022 and beyond

Clarification: What’s at stake for the US Biofuel Blending Act in 2022 and beyond

NEW YORK, Jan 11 (Reuters) – The U.S. biofuel blending program known as the Renewable Fuel Standard (RFS) may see its most transformation so far in 2022, as the Biden administration must make decisions to reset the laws that mandate blending. Renewable fuels in the United States. The program is designed to allocate certain quantities … Read more