GTL

Williams County Approves the Conditional Use Permit for Cerilon GTL North Dakota

Retrieved on: 
Thursday, April 4, 2024

Calgary, Alberta--(Newsfile Corp. - April 4, 2024) - Cerilon is pleased to announce Williams County's approval of the company's application for a Conditional Use Permit (CUP), an important next step in Cerilon GTL North Dakota's development.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - April 4, 2024) - Cerilon is pleased to announce Williams County's approval of the company's application for a Conditional Use Permit (CUP), an important next step in Cerilon GTL North Dakota's development.
  • "We've worked hard to meet the County's high expectations for the project in its early phases of design and engineering," said Ron Opperman, CEO of Cerilon GTL.
  • Cerilon has proposed an innovative gas-to-liquids (GTL) facility that will transform natural gas into unique, high-performance synthetic products.
  • Cerilon GTL North Dakota is the first larger-scale, natural gas-fed GTL facility in North America.

Cerilon and Chevron Enter into Technology Licensing Agreements for the Production of Superior-Quality Group III+ Base Oils and Ultra-Low Sulphur Diesel at its Gas-To-Liquids (GTL) Facility in Williams County, North Dakota

Retrieved on: 
Wednesday, March 13, 2024

This milestone enables the company to utilize Chevron's proven suite of Hydroprocessing technologies at its foundational Gas-To-Liquids (GTL) facility in Williams County, North Dakota.

Key Points: 
  • This milestone enables the company to utilize Chevron's proven suite of Hydroprocessing technologies at its foundational Gas-To-Liquids (GTL) facility in Williams County, North Dakota.
  • "We're impressed by Chevron's technical capabilities, particularly this technology suite, which has been proven in GTL projects around the globe," said Nico Duursema, CEO of Cerilon.
  • Cerilon's innovative GTL facility will transform natural gas into unique, high-performance synthetic products, including ultra-low sulphur diesel, naphtha and industry-leading Group III+ base oils, top tier products with superior qualities and uses.
  • Cerilon is establishing global, industry-leading partnerships to deliver this pioneering GTL facility, which will be followed by replicated GTL facilities.

GTL Announces Pioneering Validation of LH2 Composite Dewar-Tanks for Aviation Applications

Retrieved on: 
Wednesday, March 13, 2024

Recognized for a strong history of transformational innovation in the aerospace industry, GTL President Paul Gloyer will share in-depth results from the successful validation testing of its small subscale composite vacuum jacketed dewar-tank with liquid hydrogen (LH2).

Key Points: 
  • Recognized for a strong history of transformational innovation in the aerospace industry, GTL President Paul Gloyer will share in-depth results from the successful validation testing of its small subscale composite vacuum jacketed dewar-tank with liquid hydrogen (LH2).
  • The GTL composite LH2 dewar-tank test results surpassed expectations.
  • This allowed the GTL dewar-tank to hold LH2 for over 21 hours, at -430 degrees Fahrenheit, while remaining leak tight with minimal hydrogen permeation.
  • GTL is now proceeding with the fabrication of flight prototypes of the small composite LH2 dewar-tank,” said GTL President Paul Gloyer .

Hyliion Holdings Reports Fourth-Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Tuesday, February 13, 2024

Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its fourth-quarter and full-year 2023 financial results.

Key Points: 
  • Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, today reported its fourth-quarter and full-year 2023 financial results.
  • To lead these efforts, Hyliion recently hired former Cummins powergen executive, Govi Ramasamy, as Chief Commercial Officer.
  • Hyliion also announced today that Detmar Logistics has executed a non-binding letter of intent for a KARNO generator and to be part of Hyliion’s early adopter program.
  • Hyliion hosted a Technology Fireside Chat in December 2023 during which Thomas Healy and Josh Mook, Chief Technology Officer, explained the capabilities and advantages of the generator.

Aether Fuels and GTI Energy Announce Partnership and Exclusive Licensing Deal to Accelerate Commercialization of Sustainable Fuels for Aviation and Ocean Shipping

Retrieved on: 
Monday, February 5, 2024

CHICAGO, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Aether Fuels (Aether) and GTI Energy today announced a partnership and global exclusive licensing agreement to commercialize a scalable and economical solution to produce sustainable fuels from low-value and abundant waste streams.

Key Points: 
  • CHICAGO, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Aether Fuels (Aether) and GTI Energy today announced a partnership and global exclusive licensing agreement to commercialize a scalable and economical solution to produce sustainable fuels from low-value and abundant waste streams.
  • GTI Energy is a non-profit technology development organization that creates innovative solutions for low carbon, low-cost energy systems.
  • The Research and Development (R&D) partnership began in 2022 between Aether and GTI Energy seeking to build on a gas-to-liquid (“GTL”) technology program initiated by GTI Energy in 2016.
  • The licensing agreement gives Aether exclusive global rights to certain key GTI Energy GTL technologies for producing sustainable liquid hydrocarbons.

FTC Takes Action Against Global Tel*Link Corp. for Failing to Adequately Secure Data, Notify Consumers After Their Personal Data Was Breached

Retrieved on: 
Wednesday, January 3, 2024

“The FTC is committed to protecting the rights to privacy and security of personal information for all consumers, including incarcerated consumers and their loved ones,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.

Key Points: 
  • “The FTC is committed to protecting the rights to privacy and security of personal information for all consumers, including incarcerated consumers and their loved ones,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection.
  • A forensic analysis showed that a handful of hackers accessed billions of bytes of the exposed data.
  • The company also repeatedly and falsely claimed in marketing materials following the incident that it had never suffered a data breach.
  • As part of the proposed order with the FTC, Global Tel*Link and two of its subsidiaries are prohibited from misrepresenting their data security practices and will be required, among other things, to:

Hyliion Executes a Letter of Intent to Provide KARNO™ Generators to GTL Leasing

Retrieved on: 
Tuesday, December 19, 2023

Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity producing technology, today announced that it has entered into a non-binding letter of intent with GTL Leasing LLC (GTL) for the deployment of KARNO generators.

Key Points: 
  • Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity producing technology, today announced that it has entered into a non-binding letter of intent with GTL Leasing LLC (GTL) for the deployment of KARNO generators.
  • GTL will be a part of Hyliion’s early adoption program of the KARNO generators with an initial commitment of two generators.
  • Upon successful deployment, GTL intends to scale adoption of KARNO units as they expand their portable EV charging business.
  • The sale of these early KARNO generators is subject to the execution of a binding purchase agreement between the parties.

Emerging Fuels Technology Licenses Gas to Liquids plant to make synthetic diesel in Northwestern Canada

Retrieved on: 
Thursday, November 30, 2023

TULSA, Okla., Nov. 30, 2023 /PRNewswire/ -- Emerging Fuels Technology, Inc (EFT) has executed a license agreement for its Gas to Liquids (GTL) technology with a Canadian-based energy company (Client).

Key Points: 
  • TULSA, Okla., Nov. 30, 2023 /PRNewswire/ -- Emerging Fuels Technology, Inc (EFT) has executed a license agreement for its Gas to Liquids (GTL) technology with a Canadian-based energy company (Client).
  • The 625 Barrel Per Day plant will be located in Northwestern Canada.
  • EFT's GTL technology is the main part of the Client's gas processing facility and will be key to the overall project operation and success.
  • Kenneth Agee, President of EFT said: "This project incorporates EFT's complete suite of technologies including autothermal reforming, Fischer-Tropsch synthesis, and product upgrading to make synthetic diesel.

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.