In its latest country review of energy policies, the International Energy Agency (IEA) praised France for setting in motion significant reforms towards more secure, affordable and sustainable energy supplies and the green growth of its economy.
ABU DHABI, UAE – The Abu Dhabi National Oil Company (ADNOC) announced, today, it plans to introduce measures that will increase energy efficiencies by 10% by 2020. The energy efficiency strategy will reduce ADNOC’s gas consumption by 156 MMcf/d, saving a total of $1 billion by 2020.
In this study, methods to optimize the consumption of dispersion steam in flares were examined at a large refinery that burns a considerable quantity of gas. The desired optimization was achieved by monitoring hydrocarbon emissions using an infrared camera (thermography).
The US Environmental Protection Agency said it plans to deny several petitions from oil groups to change the country's biofuels program, an issue that has deeply divided the petroleum industry.
Sarnia, Ontario, home to dozens of Canada's refineries and chemical plants, is lobbying hard to lure a biotech plant to the city as the local petrochemical-powered economy braces for the impact of a provincial carbon-pricing scheme.
Two men have been convicted of participation in a multi-state scheme to defraud biodiesel buyers and US taxpayers by fraudulently selling biodiesel credits and fraudulently claiming tax credits.
BP subsidiaries BP Ventures and Air BP businesses have created a strategic partnership with Fulcrum BioEnergy, a pioneer in the development and production of low-carbon jet fuel, in which BP will invest $30 MM.
Saudi Aramco has acquired the Converge product line and associated operations and technologies from US-based Novomer Inc.
OGCI Climate Investments will aim to deploy successfully-developed new technologies among member companies and beyond.
To stay competitive and thrive in today’s uncertain and volatile energy market that is characterized by major shifts in supply and demand dynamics, refiners must find ways to increase operational efficiencies, maximize productivity and produce refined products at lower costs.