Energy & Green Tech

Capturing water to make the renewable fuels of the future

A successful outcome for the energy transition is very much dependent on the development of alternative fuel solutions that are ultra-clean, renewable, and low in carbon emissions. Fuels that must be replaced include liquefied ...

Energy & Green Tech

Green-oriented NextEra nears ExxonMobil in market value

In a sign of shifting fortunes in the energy business, green-oriented power company NextEra Energy on Friday sparred with petroleum giant Exxon Mobil for market capitalization supremacy.

Business

Saudi Aramco says half-year net income slips to $46.9 bn

Saudi energy giant Aramco said Monday its first half net income for 2019 slipped nearly 12 percent to $46.9 billion, a first such disclosure that still reinforces its position as the world's most profitable company.

Energy & Green Tech

Bakery switches to propane vans

A switch to propane from diesel by a major Midwest bakery fleet showed promising results, including a significant displacement of petroleum, a drop in greenhouse gases and a fuel cost savings of seven cents per mile, according ...

Petroleum

Petroleum (L. petroleum, from Greek: petra (rock) + Latin: oleum (oil)) or crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds, that are found in geologic formations beneath the Earth's surface. Petroleum is recovered mostly through oil drilling. This latter stage comes after the studies of structural geology (at the reservoir scale), sedimentary basin analysis, reservoir characterization (mainly in terms of porosity and permeable structures). It is refined and separated, most easily by boiling point, into a large number of consumer products, from petrol and kerosene to asphalt and chemical reagents used to make plastics and pharmaceuticals. Petroleum is used in manufacturing a wide variety of materials.

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