Latest Synthetic fuel Stories
JOHANNESBURG, Sept. 19, 2011 /PRNewswire/ -- Today South African energy and chemicals group, Sasol, together with partners Uzbekneftegaz and PETRONAS, signed an investment agreement with the Minister of Foreign Economic Relations, Investment and Trade for the Uzbekistan government, for the development and implementation of a Gas-to-liquids (GTL) project in Uzbekistan. Under the investment agreement, the investors and the GTL project will enjoy investment protection and fiscal benefits, to...
JOHANNESBURG, Sept. 12, 2011 /PRNewswire/ -- Driven by innovation, Sasol is an integrated energy and chemicals company that creates value through its proven alternative fuel technology and talented people to provide sustainable energy solutions to the world Headline earnings per share increased by 27% to R33,85Total dividend increased by 24% to R13,00 per share Cash generated by operations increased by 41% to R38,6 billionProject pipeline progressing wellCanadian shale gas acquisitions add...
JOHANNESBURG, South Africa, July 27, 2011 /PRNewswire/ -- Recent media reports emanating from an interview with a managing director of a Sasol subsidiary, Sasol Synfuels, may have created certain impressions which may have been misleading. We will not respond to the reports in their entirety, but wish to provide context to some of the statements made. The reports state that Sasol expects to produce 7.3 million tons of product at Sasol Synfuels for the 2012 financial year. In fact, 7.3...
W. CONSHOHOCKEN, Pa., July 1, 2011 /PRNewswire/ -- Renewable fuels can now be blended with conventional commercial and military jet (or gas turbine) fuel through requirements in the newly issued edition of ASTM D7566-11, Specification for Aviation Turbine Fuel Containing Synthesized Hydrocarbons. The revised standard was approved July 1, 2011. Through the new provisions included in ASTM D7566, up to 50 percent bioderived synthetic blending components can be added to conventional jet fuel....
JOHANNESBURG, South Africa, June 14, 2011 /PRNewswire/ -- Sasol Limited (JSE: SOL; NYSE: SSL) Dear Sasol follower, I am pleased to report that Sasol's profitability has improved further in the third quarter of our 2011 financial year. This is due to our sustained focus on factors within our control -- such as enhancing operational efficiencies, delivering on our business improvement plans and strict cost management. Robust global commodity prices have countered the impact of the strong...
WASHINGTON, June 10, 2011 /PRNewswire-USNewswire/ -- The Air Transport Association of America, Inc. (ATA), the industry trade organization for the leading U.S. airlines, today applauded the ASTM International Committee on Petroleum Products and Lubricants for approving a new jet fuel specification that will further enable the use of sustainable alternative fuels in aviation. "The committee endorsement of this specification is significant for all consumers of jet fuel, bringing the airline...
Zhi-Yong Yang, Lance Seefeldt featured in Journal of Biological Chemistry Stinging from humiliating defeat in World War I, Germany's Nazi regime seized on technology developed by chemists Franz Fischer and Hans Tropsch that enabled the coal-rich, petroleum-poor country to produce synthetic fuels for its military machine. Research in Fischer-Tropsch or "FT" synthesis waned in the latter half of the 20th century but, like "a bubblin' crude," has resurfaced in recent years with growing interest...
JOHANNESBURG, March 8, 2011 /PRNewswire/ -- Sasol (JSE: SOL; NYSE: SSL) announces that it has entered into hedging transactions (zero cost collars) for 4,56 million barrels of oil (equivalent to circa 30% of its planned South African synfuels and West African crude oil production for the final quarter of the 2011 financial year). The zero cost collars expire on 15 June 2011. The hedge will provide downside protection should monthly average dated Brent crude oil prices decrease below US$85...
MIAMI, March 2, 2011 /PRNewswire/ -- ClimeCo America today announced that it has been chosen by Rentech Energy Midwest Corporation (REMC) as the project developer and technical consultant for its nitrous oxide (N2O) tertiary abatement project, creating carbon credits to be listed with the Climate Action Reserve or other agreed upon program or registry (Rentech Energy Midwest Corporation - Tertiary Nitrous Oxide Abatement Project). This project represents the first listed N2O tertiary...
VANCOUVER, Feb. 3 /PRNewswire-FirstCall/ - Carbon Friendly Solutions Inc. (CNSX: CFQ) ("CFS" or the "Company") is pleased to announce the appointment of Ben Zion Livneh to the Company's Board of Directors. Mr. Livneh is a founding member and director of the recently acquired clean coal technology company MicroCoal Inc. and has more than 28 years of experience in the coal and coal processing industry. He holds a B.Sc. in Chemical Engineering from Technion, Israel Institute of Technology in...
