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Stinkweed may be a surprising way to make greener jet fuel

A common weed called pennycress, more often referred to as ‘stinkweed,’ may be the solution for a greener jet fuel that has fewer demands on the environment. That’s according to a new study from The Ohio State University, which reports that stinkweed is a low-demand crop that requires fewer pesticides and less fertilizer than alternative biofuel crops.
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Stinkweed could make a cleaner bio-jet fuel, study finds

A common farm weed could make a 'greener' jet fuel with fewer production-related environmental impacts than other biofuels, a new study indicates. Growing the weed, pennycress—often called stinkweed—as a crop requires less fertilizer and fewer pesticides than other plants that can be used to make renewable jet fuel, according to the study. Pennycress also requires fewer farm operations, such as soil tilling, than other potential biofuel crops, reducing the associated environmental costs. Those costs include carbon dioxide emissions that cause the climate to change, as well as other emissions that pollute the air.
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News Corp. To Acquire Oil Price Information Service For $1.15 Billion

News Corp will acquire the Oil Price Information Service (OPIS) and related assets from S&P Global and IHS Markit for $1.15 billion in cash, the company announced on Monday. The purchase positions News Corp.’s Dow Jones as a provider of benchmark and reference pricing and news and analytics for the oil, natural gas liquids and biofuels industries.
Energy IndustryOxfam International

Europe’s biofuels addiction is threatening human rights in Peru

Europe’s addiction to biofuels started back in 2003 when the block first established a series of targets and incentives to steer its energy market. These targets have been progressively increased to, purportedly, set Europe on a course towards climate neutrality by 2050. Yet, while Europe’ biofuels policies have figured prominently as a means to secure a more sustainable energy supply for the continent, they have insufficiently addressed due diligence [which refers to the monitoring and evaluation process of the social and environmental risks associated with a specific product or economic actor], creating perverse incentives in developing countries. Governments, investors and multinationals have consequently sought to take economic advantage of the growing European demand in the biofuel market, with sometimes devastating consequences.
Energy Industryoffshore-energy.biz

MOL orders LNG-fueled quartet, eyes up to 90 LNG-powered vessels by 2030

Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) has signed contracts to build four 7,000-unit capacity car carriers using liquefied natural gas (LNG) as their main fuel. As informed, MOL sealed the deal with two compatriot shipyards Shin Kurushima Dockyard and Nihon Shipyard. The units are planned for delivery starting in...
Energy Industrymilwaukeesun.com

Blending of biodiesel in diesel is less than 0.1 pc: Centre

New Delhi [India], August 2 (ANI): The present percentage of blending of biodiesel in diesel is less than 0.1 per cent, the government informed the Lok Sabha on Monday and noted that National Policy on Biofuels, 2018 prescribes as indicative target of 5 per cent blending of biodiesel in diesel by 2030.

Essar Oil UK Announces Appointment Of Chief Executive Officer

Stanlow (UK): The Board of Directors of Essar Oil (UK) Limited on Monday announced the appointment of Deepak Maheshwari as its Chief Executive Officer. EOUK’s Stanlow Manufacturing Complex is a key strategic national facility, annually producing over 16 per cent of the UK’s road transport fuels. Maheshwari joins EOUK at...
Congress & CourtsBrainerd Dispatch

Sen. Amy Klobuchar: It is time to fight for farmers

Last year, so many Americans found new appreciation for the work farmers and ranchers do to hold our food supply chain together. And there is much more that we must do in Congress to make sure that this important work is supported. When I first came to the Senate, my...
Energy Industryclevelandstar.com

Stinkweed could make cleaner biojet fuel

Ohio [US], August 3 (ANI): The findings of a new study show that a common farm weed could make a "greener" jet fuel with fewer production-related environmental impacts than other biofuels. The study was published recently online in the journal 'Applied Energy'. Growing the weed, pennycress, often called stinkweed, as...