UAE targets 25% of global hydrogen fuel market by 2030

The United Arab Emirates (UAE) aims to capture 25 per cent of the global hydrogen fuel market by 2030, state news agency WAM reported. The major oil producer also said that it was implementing more than seven ambitious hydrogen projects, targeting main export markets including Japan, South Korea, Germany and India, in addition to other

US governors explore state-level way to expand biofuel sales

A bipartisan group of US governors sent a letter to the on Thursday to ask for guidance on an action that could expand sales of a fuel with a higher ethanol blend. The letter sent to the Environmental Protection Agency comes after an appeals court in July struck down a U.S. action from 2019 that

EU biofuel demand to halve by 2050

The decarbonization of EU road transportation will increasingly impact the demand for fossil and biofuel, especially after 2030. The long-term outlook for biofuels, beyond 2045, does not look promising, as the expected decline in demand is likely to encourage biofuel companies to look for alternative uses for their products, according to a new research report

Nacero to invest $6B in low- and zero-carbon fuels plant in PA

Texas-based fuel company Nacero will build its second low- and zero-carbon fuels plant in Newport Township, Pennsylvania. The $6-billion investment will bring approximately 4,000 construction jobs to the area. The completed facility will employ approximately 450 workers. The new manufacturing facility will produce low- and zero-lifecycle carbon footprint gasoline blendstock made from natural gas and

20 countries at COP26 promise to end financing for international fossil fuel projects

The international climate conference’s “energy day” dawned with fresh efforts to block the flow of money to fossil fuel companies, as activists brushed aside arguments from corporate leaders of coal, oil and gas firms that they need to help meet the energy needs of consumers over the next three decades. The United States and 20

Biofuel demand in road transport to fall as electrification gathers pace

The decarbonisation of EU road transportation will increasingly impact the demand for fossil and biofuel in the decades to come, according to a new study by Rabobank. The long-term outlook for biofuels, beyond 2045, does not look promising, as the expected decline in demand is likely to encourage biofuel companies to look for alternative uses

Ethanol production in the US reaches near record levels

The US Energy Information Administration says production averaged 1.107 million barrels a day, the second-highest average on record, and an increase of 1,000 barrels on the week and 56,000 on the year. The high of 1.108 million barrels a day was set in early December 2017. Margins have improved recently and plant capacity is reportedly

How whisky waste can replace fossil fuels on road to net-zero

As Glasgow welcomes leaders from around the world to the United Nations climate summit, COP26, the founder of a Scottish biotech company is calling for action, not targets. Professor Martin Tangney’s company, Celtic Renewables, turns left-over waste from whisky-making into the kind of everyday chemicals that are normally made in oil refineries, without drilling for

Brazil tops importers of US LNG cargoes in October

Brazil was No. 1 buyer of US LNG for the third month in a row in October amid severe drought that has drained its hydroelectric resources, while Spain was a close second as pipeline gas supplies faced constraints, S&P Global Platts Analytics data showed. Power data from Brazil’s National Electric System operator showed that hydro

Global Methane Pledge to put more pressure on LNG fuel proponents

Proponents of LNG as shipping’s interim future fuel will face another barrage today with the White House the latest institution to go on the attack. President Joe Biden is to unveil plans today at COP26, the major international climate summit taking place in Glasgow, to limit global methane emissions by 30% from 2020 levels by