Industry NEWS
BC Government under the clean Energy Strategy increased biofuel production mandate to 1.5 million liters by 2030!
Energy powers the economy. Each of us relies on it every day – to heat our homes, to move our vehicles, and to run businesses and industries. Energy is also at the root of the climate crisis. Burning fossil fuels is changing our climate – creating more extreme weather, bigger forest fires, deeper droughts and more frequent flooding throughout BC.
Viewpoint: SAF, E15 may lift US ethanol demand in 2024
Ethanol demand may get a boost next year as theUS paves a path for ethanol-derived sustainable aviation fuel (SAF) and the potential for permanent year-round sales of 15pc ethanol gasoline (E15) in the US midcontinent.
Tidewater Renewables marks first renewable diesel production, new CEO
Tidewater Renewables’ HDRD Complex in Prince George, B.C., produced its first renewable diesel on Oct. 22 and, as of Nov. 7, has progressed to commercial operations.
ExxonMobil licenses fluid bed methanol-to-gasoline technology to Aramco for synthetic fuel demonstration plant in NEOM, Saudi Arabia
ExxonMobil Catalysts and Licensing LLC has licensed its advanced fluid bed Methanol-to-Gasoline technology to Aramco for a demonstration scale unit to be located in NEOM’s Hydrogen Innovation and Development Center (HIDC).
Climate policies and fossil fuel: Clean fuel regulations and carbon pricing explained
The federal government's long-promised clean fuel regulations will take effect across Canada. Here are five things to know about what they are, how they will affect you and why they are different from the carbon price.
Tidewater Midstream and the BC Government Announce “Renewable diesel refinery a first in Canada”
British Columbia’s clean fuel goals and vision of a low-carbon future have come into sharper focus now that Canada’s first stand-alone renewable diesel refinery has completed construction and will soon begin production.
Shell to acquire Europe’s largest RNG producer for US$2 billion
Shell Petroleum NV, a wholly owned subsidiary of Shell plc, has reached an agreement with Davidson Kempner Capital Management LP, Pioneer Point Partners and Sampension to acquire 100 per cent shareholding of Nature Energy Biogas A/S for nearly USD $2 billion.
Renewable diesel heads for top spot
The American government expects biofuel producers to be making more renewable diesel than biodiesel by this fall. Renewable diesel production is expected to overtake biodiesel production in the United States in October, according to the U.S. Energy Information Administration.
Prime Minister Justin Trudeau is joined by Minister of Natural Resources Jonathan Wilkinson, left, and Minister of the Environment Steven Guilbeault during a press conference outside the GLOBE Forum
Chevron to acquire Renewable Energy Group for $3.15 billion
In California and Iowa, Chevron and Renewable Energy Group struck a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share.
USA BioEnergy Announces First Advanced Biorefinery in Bon Wier, Texas After Receiving $150M in State and Local Incentives
USA BioEnergy through its subsidiary, Texas Renewable Fuels (TRF), is pleased to announce the development of an advanced biorefinery that will convert 1M green tons of wood waste into 34M gallons annually of premium clean burning transportation fuel including Sustainable Aviation Fuel, Renewable Diesel and Renewable Naphtha.
BP acquires 30 per cent stake in UK’s Green Biofuels Ltd.
BP has acquired a 30 per cent stake in Green Biofuels Ltd (GBF), the UK’s largest provider of hydrogenated vegetable oil (HVO). GBF’s products are made from renewable feedstocks such as vegetable oils, animal oils and fat.
ExxonMobil expands interest in biofuels, acquires stake in Biojet AS
ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components.
Canada has committed to halt financing to the oil and gas industry. To understand what that really means, watch for the fine print
A global movement to permanently separate the oil and gas industry from the public purse appears to be gaining momentum, with an overarching objective of repurposing funds to promote renewable energy
Tidewater Renewables Ltd. Enters into a Multi-Year Sale Agreement of its BC LCFS Credits with an Investment Grade Company
CALGARY, AB, Nov. 15, 2021 /CNW/ - Tidewater Renewables Ltd. ("Tidewater Renewables" or the "Corporation") (TSX: LCFS) is pleased to announce a multi-year agreement today with an investment-grade company to sell...
Government of Canada confirms ambitious new greenhouse gas emissions reduction target
Climate change is the greatest long-term threat that we face as a global community. It also represents an enormous economic opportunity.