Synthetic fuel

Global Synthetic Fuels Market to Soar to $70.1 Billion by 2030, Driven by Rising Investments and Diversification in Primary Energy Mix - ResearchAndMarkets.com

Retrieved on: 
Monday, October 30, 2023

The global synthetic fuels market is poised for substantial growth, projected to reach USD 70.1 billion by 2030 from USD 48.4 billion in 2023, reflecting a notable Compound Annual Growth Rate (CAGR) of 5.4%.

Key Points: 
  • The global synthetic fuels market is poised for substantial growth, projected to reach USD 70.1 billion by 2030 from USD 48.4 billion in 2023, reflecting a notable Compound Annual Growth Rate (CAGR) of 5.4%.
  • GTL fuel is versatile and finds applications in transportation, power generation, and heating, offering a cleaner energy option.
  • Synthetic fuels play a pivotal role in the chemical sector, reducing greenhouse gas emissions and dependence on fossil fuels.
  • In terms of applications, the gasoline segment secured the second-largest market share in synthetic fuels in 2022.

Asia-Pacific Emerges as a Powerhouse in the Synthetic Fuels Market, Fueled by Private Sector Investments and Sustainable Energy Initiatives

Retrieved on: 
Wednesday, October 25, 2023

GTL fuel is versatile and finds applications in transportation, power generation, and heating, offering a cleaner energy option.

Key Points: 
  • GTL fuel is versatile and finds applications in transportation, power generation, and heating, offering a cleaner energy option.
  • Synthetic fuels play a pivotal role in the chemical sector, reducing greenhouse gas emissions and dependence on fossil fuels.
  • In terms of applications, the gasoline segment secured the second-largest market share in synthetic fuels in 2022.
  • Ongoing research and innovation are pivotal in advancing the synthetic fuels market, propelling its growth and sustainability.

SASOL LIMITED: PRODUCTION AND SALES METRICS FOR THE NINE MONTHS ENDED 31 MARCH 2022; HEDGING UPDATE

Retrieved on: 
Monday, April 25, 2022

Sasol has made significant progress in deleveraging its balance sheet through a combination of asset divestments, operational actions and now more supportive pricing.

Key Points: 
  • Sasol has made significant progress in deleveraging its balance sheet through a combination of asset divestments, operational actions and now more supportive pricing.
  • Despite this improvement, leverage remained above target levels at 31 December 2021 along with ongoing volatility and unprecedented uncertainty about the macro outlook.
  • On this basis the hedging programme has been kept in place to mitigate downside pricing risks and ensure that Sasol can execute its strategy with confidence.
  • This includes of 80% of total Synfuels synthetic crude oil production and 90% of Sasol's share of Oryx production.

Bakken Energy Reaches Agreement to Purchase Dakota Gasification Company Assets

Retrieved on: 
Tuesday, August 17, 2021

BISMARCK, N.D. and WESTLAKE VILLAGE, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Clean energy infrastructure developer Bakken Energy (Bakken) today announced that it has reached agreement with Basin Electric Power Cooperative (Basin Electric) on key terms and conditions to purchase the assets of the Dakota Gasification Company (Dakota Gas), a subsidiary of Basin Electric, and the owner of the Great Plains Synfuels Plant (Synfuels Plant).

Key Points: 
  • BISMARCK, N.D. and WESTLAKE VILLAGE, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Clean energy infrastructure developer Bakken Energy (Bakken) today announced that it has reached agreement with Basin Electric Power Cooperative (Basin Electric) on key terms and conditions to purchase the assets of the Dakota Gasification Company (Dakota Gas), a subsidiary of Basin Electric, and the owner of the Great Plains Synfuels Plant (Synfuels Plant).
  • Bakken Energy, LLC, formerly Bakken Midstream Natural Gas, LLC, is an infrastructure development company with a focus on North Dakotas energy resources.
  • Bakken Energy believes the State has the potential to become a world-class leader in clean energy.
  • The mission of Bakken Energy is to develop and own the infrastructure needed to make the State that clean energy leader.

BAKKEN ENERGY REACHES AGREEMENT TO PURCHASE DAKOTA GASIFICATION COMPANY ASSETS

Retrieved on: 
Monday, August 16, 2021

Bismarck, ND and Westlake Village, CA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Clean energy infrastructure developer Bakken Energy (Bakken) today announced that it has reached agreement with Basin Electric Power Cooperative (Basin Electric) on key terms and conditions to purchase the assets of the Dakota Gasification Company (Dakota Gas), a subsidiary of Basin Electric, and the owner of the Great Plains Synfuels Plant (Synfuels Plant).

Key Points: 
  • Bismarck, ND and Westlake Village, CA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Clean energy infrastructure developer Bakken Energy (Bakken) today announced that it has reached agreement with Basin Electric Power Cooperative (Basin Electric) on key terms and conditions to purchase the assets of the Dakota Gasification Company (Dakota Gas), a subsidiary of Basin Electric, and the owner of the Great Plains Synfuels Plant (Synfuels Plant).
  • Bakken Energy, LLC, formerly Bakken Midstream Natural Gas, LLC, is an infrastructure development company with a focus on North Dakotas energy resources.
  • Bakken Energy believes the State has the potential to become a world-class leader in clean energy.
  • The mission of Bakken Energy is to develop and own the infrastructure needed to make the State that clean energy leader.

BAKKEN ENERGY REACHES AGREEMENT TO PURCHASE DAKOTA GASIFICATION COMPANY ASSETS

Retrieved on: 
Monday, August 16, 2021

Bismarck, ND and Westlake Village, CA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Clean energy infrastructure developer Bakken Energy (Bakken) today announced that it has reached agreement with Basin Electric Power Cooperative (Basin Electric) on key terms and conditions to purchase the assets of the Dakota Gasification Company (Dakota Gas), a subsidiary of Basin Electric, and the owner of the Great Plains Synfuels Plant (Synfuels Plant).

Key Points: 
  • Bismarck, ND and Westlake Village, CA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Clean energy infrastructure developer Bakken Energy (Bakken) today announced that it has reached agreement with Basin Electric Power Cooperative (Basin Electric) on key terms and conditions to purchase the assets of the Dakota Gasification Company (Dakota Gas), a subsidiary of Basin Electric, and the owner of the Great Plains Synfuels Plant (Synfuels Plant).
  • Bakken Energy, LLC, formerly Bakken Midstream Natural Gas, LLC, is an infrastructure development company with a focus on North Dakotas energy resources.
  • Bakken Energy believes the State has the potential to become a world-class leader in clean energy.
  • The mission of Bakken Energy is to develop and own the infrastructure needed to make the State that clean energy leader.

BAKKEN ENERGY REACHES AGREEMENT TO PURCHASE DAKOTA GASIFICATION COMPANY ASSETS

Retrieved on: 
Monday, August 16, 2021

Bismarck, ND and Westlake Village, CA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Clean energy infrastructure developer Bakken Energy (Bakken) today announced that it has reached agreement with Basin Electric Power Cooperative (Basin Electric) on key terms and conditions to purchase the assets of the Dakota Gasification Company (Dakota Gas), a subsidiary of Basin Electric, and the owner of the Great Plains Synfuels Plant (Synfuels Plant).

Key Points: 
  • Bismarck, ND and Westlake Village, CA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Clean energy infrastructure developer Bakken Energy (Bakken) today announced that it has reached agreement with Basin Electric Power Cooperative (Basin Electric) on key terms and conditions to purchase the assets of the Dakota Gasification Company (Dakota Gas), a subsidiary of Basin Electric, and the owner of the Great Plains Synfuels Plant (Synfuels Plant).
  • Bakken Energy, LLC, formerly Bakken Midstream Natural Gas, LLC, is an infrastructure development company with a focus on North Dakotas energy resources.
  • Bakken Energy believes the State has the potential to become a world-class leader in clean energy.
  • The mission of Bakken Energy is to develop and own the infrastructure needed to make the State that clean energy leader.

BAKKEN ENERGY REACHES AGREEMENT TO PURCHASE DAKOTA GASIFICATION COMPANY ASSETS

Retrieved on: 
Monday, August 16, 2021

Bismarck, ND and Westlake Village, CA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Clean energy infrastructure developer Bakken Energy (Bakken) today announced that it has reached agreement with Basin Electric Power Cooperative (Basin Electric) on key terms and conditions to purchase the assets of the Dakota Gasification Company (Dakota Gas), a subsidiary of Basin Electric, and the owner of the Great Plains Synfuels Plant (Synfuels Plant).

Key Points: 
  • Bismarck, ND and Westlake Village, CA, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Clean energy infrastructure developer Bakken Energy (Bakken) today announced that it has reached agreement with Basin Electric Power Cooperative (Basin Electric) on key terms and conditions to purchase the assets of the Dakota Gasification Company (Dakota Gas), a subsidiary of Basin Electric, and the owner of the Great Plains Synfuels Plant (Synfuels Plant).
  • Bakken Energy, LLC, formerly Bakken Midstream Natural Gas, LLC, is an infrastructure development company with a focus on North Dakotas energy resources.
  • Bakken Energy believes the State has the potential to become a world-class leader in clean energy.
  • The mission of Bakken Energy is to develop and own the infrastructure needed to make the State that clean energy leader.

SOL: Sasol Limited - Trading Statement For The Year Ended 30 June 2021 And Restatement of Prior Year Results

Retrieved on: 
Friday, August 6, 2021

Shareholders are advised that for the 2021 financial year:

Key Points: 
  • Shareholders are advised that for the 2021 financial year:
    - Core HEPS (CHEPS***) are expected to be between R27,00 and R30,00 compared to the prior year CHEPS of R15,08.
  • The 2021 financial results were adjusted accordingly to include a provision for the potential retrospective payment obligation.
  • * The comparative information for the 2020 financial year has been adjusted for changes in the South African integrated value chain impairment assessment.
  • Further details regarding the nature of the restatements will be shared when the results for 2021 financial year are released.

Tenneco Explores Synthetic Fuels for Climate-Neutral Mobility

Retrieved on: 
Thursday, July 22, 2021

The NAMOSYN project also serves to develop cost-effective and energy efficient manufacturing processes for synthetic fuels and to test them in internal combustion engines.

Key Points: 
  • The NAMOSYN project also serves to develop cost-effective and energy efficient manufacturing processes for synthetic fuels and to test them in internal combustion engines.
  • "In order to actively support the timely market introduction of synthetic fuels as far as possible, we also test mixtures or blends of conventional fuels and e-fuels under real conditions on our engine test benches."
  • To minimize climate impacting emissions, synthetic fuels are preferably produced using electricity that is generated from carbon neutral renewable sources.
  • One of the advantages of synthetic fuels is that their composition can be developed specifically to meet the needs and different performance requirements of their applications.