(Bloomberg) – BP, the oil giant that announced a seismic strategy shift last month, made its first venture into offshore wind power with a $1.1 billion purchase of U.S. assets from Norway’s Equinor ASA. The deal marks the start of an offshore-wind investment partnership in the region for the two companies, which have been at […]
The Scottish government has announced an additional £160 million for forestry and agriculture in its latest Programme for Government. The money includes £100 million for planting for Scottish Forestry, alongside £30 million to Forestry and Land Scotland to expand national forests and land. A further £20 million has also been allocated to increase the supply […]
ExxonMobil has completed a successful sea trial of the company’s first marine biofuel oil with shipping company Stena Bulk bunkered in the port of Rotterdam. The marine biofuel oil is a 0.50% sulphur residual-based fuel (VLSFO) processed with a second generation waste-based FAME component – and will be available later this year – initially in […]
Biofuels are transportation fuels such as ethanol and biomass-based diesel fuel that are made from biomass materials. These fuels are usually blended with petroleum fuels (gasoline and distillate/diesel fuel and heating oil), but they can also be used on their own. Using ethanol or biodiesel reduces the consumption of gasoline and diesel fuel made from […]
When you’re getting started with investing, it’s important to research the options available to you. One such option, known as socially responsible investing (SRI), enables you to grow your money while doing good. It allows you to invest in social causes you care about. In fact, this type of investing has experienced significant growth in […]
As part of efforts to shift from fossil fuels to renewable energy, the Japanese government is considering securing “energy forests” for the specific purpose of growing sources for woody biomass power generation, officials said Wednesday. Greater dependence on woody biomass is believed to help mitigate climate change as the growing of forests absorbs carbon dioxide […]
Gases producer Air Liquide has signed a power purchase agreement (PPA) to source renewable electricity equivalent to 15% of the company’s consumption, for its activities in Spain. The 10-year PPA, for electricity supplied by a wind farm in Andalusia, will supply some of the group’s industrial and medical gas production assets in the country. The […]
The Swedish Defense Materiel Administration (FMV) has contracted GKN Aerospace Sweden to continue biofuel testing of the RM12 engine. The biofuel for this test is an ATJ (alcohol to jet)-SKA developed and manufactured by Swedish Biofuels AB. The test is part of a bilateral Biojet-project collaboration between FMV and USAF/NAVAIR, which started in October 2013 […]
The Black Hills National Forest is littered with dead trees knocked down by vicious weather, but some of those trees damaged in recent storms could have new life as lumber. Ron Schell is one of the loggers making it happen. He said there are two things that take out trees in a forest: loggers and […]
The City of Calgary “The City” and Steeper Energy Canada Ltd. (“Steeper Energy”) are pleased to announce a new cooperation agreement, by way of an MoU, regarding the future transformation of The City’s sewage sludge and other urban generated bio-organic wastes for the production of sustainable biofuels such as renewable diesel or jet fuel. The […]