Tag: oil

Rystad Energy says oil major announced 43 biofuel projects for start up by 2030

Rystad Energy says oil major announced 43 biofuel projects for start up by 2030

November 20, 2024 |

In Norway, Rystad Energy says that under increasing pressure to decarbonize and shift away from traditional fossil fuels, the world’s leading oil and gas companies are ramping up investments in the biofuels sector. Major players such as BP, Chevron, Shell, TotalEnergies, ExxonMobil and Eni are incorporating biofuels into their broader energy transition strategies, recognizing the […]

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South Korea’s ethanol trial shelved due to oil industry not wanting to support imports

South Korea’s ethanol trial shelved due to oil industry not wanting to support imports

February 6, 2024 |

In South Korea, the Chosun newspaper reports that pushback from the domestic oil industry has forced the government to suspend its planned ethanol blending trial. Announced more than a year ago that would have seen a select number of pumps supply ethanol-blended fuel to government fleet vehicles and select private sector partners, was officially put […]

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