The EBITDA was NOK 427 million excl. special items, an increase versus the same period last year and sequentially
Both companies will begin collaborating on potential customer engagements immediately, with the objective of launching pilot projects over the next 2-3 years and fully commercializing and scaling applications, products and solutions shortly thereafter
IndianOil has also issued 23 LoIs for biodiesel plants with a total capacity of 22.95 crore Litres (557.57 TPD)
Isoamylene is used in a diverse set of applications, including resins, pesticides, flavors and fragrances, pharmaceuticals, healthcare products, adhesives, antioxidants, and UV stabilizers
The FEED work starts immediately and is planned to be completed in the third quarter of 2021
The company has continuously been reviewing its engagements to move up higher in the value chain
Cash flow from operating activities of $9.3 billion fully funded dividend and capital expenditures, and drove debt reduction of over $4 billion
The iGRP segment reported adjusted net operating income of $1 billion, the highest in its history
The company said that the net debt reduction of over $4 billion to $71.3 billion,
The presentation highlights the new ExxonMobil Low Carbon Solutions business
The intention of the partners is to achieve the most economic operation possible, by maximizing cost efficiency and the utilization of all co-products in an integrated hub concept
The Penwell facility will be the first gasoline manufacturer in the world to incorporate carbon capture and sequestration.
ExxonMobil will be the exclusive buyer of renewable diesel from Global Clean Energy’s biorefinery in Bakersfield
Since 2018, Pertamina and Clariant have been assessing how to bridge this gap.
Equinor will update the plan every three years for an advisory vote. Progress on the plan will be reported annually.
The fuel cell in the development stage will give a predicted lifetime of at least 30,000 hours, enabling it to take a step closer towards decarbonising freight transport and a net zero future
The parties intend to develop a mobility corridor and expand the demonstration to a pilot project using one of South Africa’s main freight corridors for hydrogen powered heavy-duty long-haul trucks
Additional funding for clean energy technologies required to put India on a sustainable path over the next 20 years is US $1.4 tn
The generated climate friendly hydrogen will primarily be used to supply local industry, but it will also be possible to feed it into the national hydrogen network
The project will be led by Dr. Julio Friedmann, senior research scholar at the Center on Global Energy Policy
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