Diesel
KiOR signs offtake agreement with Hunt Refining for renewables
KiOR has signed an offtake agreement with Hunt Refining. Hunt has agreed to purchase renewable gasoline and diesel blendstocks and fuel oil produced at KiOR’s first commercial facility to be located in Columbus, Mississippi. In addition to the offtake of renewable fuel blendstocks, the two companies have agreed to collaborate on information and resources aimed at optimizing the performance of their products and services.
CERAWeek 2011 begins in Houston today
In Houston, Texas, energy executives worldwide have gathered for the 30th CERAWEEK conference.
BP speaks up at CERAWeek
Robert Dudley, Chief Executive, BP plc, addressed the 2011 CERAWeek congress with a message of a new era and new responsibilities for the energy industry.
Neste Oil to increase its use of waste in renewable diesel production
Neste Oil is to increase its use of waste as a raw material for producing NExBTL renewable diesel in 2011. Palm oil will continue to be the single largest raw material input, and is expected to account for just under half of the total raw material used in renewable diesel production in 2011.
Preem to begin sales of oil renewable diesel blend in Sweden in April
Swedish oil and marketing company Preem AB in April will begin sales of diesel blends containing 15% renewable diesel produced from tall oil as well as 5% biodiesel
CHS investing $26 million in refined fuels infrastructure
CHS Inc., an energy, grains and foods company, announced today it is investing $26 million in enhancements to strengthen its refined fuels supply infrastructure in the northern plains region of the US.
Sunoco completes sale of Toledo refinery
Sunoco, Inc. announced it has completed the previously announced sale of its refinery in Toledo, Ohio ,to Toledo Refining Company LLC, a wholly owned subsidiary of PBF Holding Company LLC.
RINA coordinates EU information highway development
International classification society RINA is coordinating, on behalf of the Italian Ministry of Transport, a €16 million EU-funded project to develop a new information highway for shipping and logistics.
Holly and Frontier merge to create HollyFrontier
Holly Corp. and Frontier Oil Corp. have merged. Factoring in various variables, it can be safely interpreted that the new company has an enterprise value of $7 billion.
Total sells stake in Spanish company to Abu Dhabi entity
Total and IPIC have signed an agreement whereby Total will sell its 48.83% share in the capital of CEPSA. IPIC, a wholly owned entity of the Abu Dhabi government, is currently a shareholder of CEPSA with a stake of 47.06%.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- Nufarm strengthens strategic collaboration to support long term growth in biofuels production 4/10
- Pertamina and CRecTech sign MoU to explore pilot biogas-to-biomethanol facility in SEZ, Indonesia 4/10
- Shell Chemicals and Syensqo partner to deliver low-carbon ethylene oxide solutions 4/10
- HAMR Energy’s nationally significant fuel projects selected for Australian Government’s Investor Front Door Pilot 4/10
- HD Hyundai Heavy Industries builds world's first ammonia-powered vessel 4/10
