The U.S. Department of Energy (DOE) has awarded up to $13.4 million for five projects to develop advanced biofuels and bio-based chemicals that are expected to help drive down the cost of producing gasoline, diesel and jet fuel from biomass.
South Africa-based gas-to-liquids (GTL) specialist PetroSA announced Oct. 21 that it posted an R1.65-billion (US$150-million) net loss for fiscal-year (FY) 2014 because of a R3.4-billion (US$309-million) impairment against its on-shore and offshore oil-and-gas assets.
Switzerland-based Foster Wheeler announced Oct. 22 that it won an engineering, procurement and construction contract for ExxonMobil’s Antwerp, Belgium, refinery residual upgrade project.
The U.S. Court of Appeals for the District of Columbia Circuit on Oct. 21 rejected the standing of industry groups challenging a U.S. Environmental Protection Agency (EPA) rule requiring pumps selling E15 to be labeled.
Shell confirmed to Hart Energy’s DownstreamBusiness.com (DB.com) on Oct. 21 that it will introduce a low-sulfur (0.1%-sulfur maximum) bunker fuel as required starting Jan. 2, 2015, for the “emissions-control area” (ECA) markets in Europe, North America and the Caribbean.
China-based SinoCoking Coal and Coke Chemical Industries announced Oct. 20 that its above-ground plant converting carbon dioxide (CO2) into syngas is now supplying customers in and around Pingdingshan, China.
Norway-based energy-industry advisor Bergen Energi AS finds that “early adopters” of liquefied natural gas (LNG) as a transport fuel could pay more for LNG than for diesel fuel, heavy fuel oil (HFO) or intermediate fuel oil (IFO)—even when gas spot prices trade well-below oil prices.