Renewable raw materials can also replace fossil oil
in other applications, such as plastics, and we are also exploring new and exciting opportunities in these areas.
19, 2015 /PRNewswire/ -- Fossil Oil
Company announces that the Friendship Church Oil Well Joint Venture in Mississippi has now been successfully drilled, tested, and set production casing.
Furthermore, the study addresses the changes in global reserves of fossil oil
and shale oil and gas, and the ranking of countries according to global reserves.
The study showed the extent of the implications for water resources because of large amounts of water consumption during shale oil and gas extraction process, so the shale oil and gas production in countries with limited water resources is not appropriate, in addition that the fossil oil
extracted from dry land available in large quantities in the Middle East and Russia is considered a global competitor in terms of production and transport costs compared to oil-shale.
Abdulmajeed Al-Shatti, member of the petroleum supreme council, said fossil oil
would remain the only energy source, projecting energy demand to surge by 54 percent up until 2035.
He said we have to shift our focus from burning fossil oil
to renewable energy sources.
Biofuels made from starch, sugar and oilseed crops could displace substantial volumes of diesel, kerosene and jet fuel currently produced from fossil oil
, IEA said.
com)-- Global Intelligence Alliance (GIA), a global strategic market intelligence and advisory group, releases a white paper, How to Profit from Biogas Market Developments, which predicts that biogas will be the next threat to fossil oil
and gas businesses.
Overall, use of this biofuel "reduces greenhouse gas emissions by 85% compared to diesels from fossil oil
," says Solazyme President Harrison Dillon.
Pioneer developer Brinkmann puts it in a nutshell: 'Relying on fossil oil
as the basis of petrolatum is definitively not up-to-date anymore.
While these developments have been welcomed in terms of performance, cost effectiveness and weight reduction, they mean that a major part of the production of a diaper is now based on fossil oil
With the UK using 40 million tonnes of fossil oil
for transport fuels per year and heating accounting for almost half of UK carbon emissions, bioenergy in its various forms could provide a low carbon alternative to running our cars, planes, commercial vehicles, homes and offices.