NEWS COMMENTARY

Reliance Industries targets net-zero emissions by 2035; aims to develop full-stack synthetic fuels technology

Published:
July 23, 2020
Coverage:
Owning the Energy Transition More...
Activities:
Strategy
Very important

In what could be one of the greatest corporate evolutions in recent history, Reliance is now directing the same energy responsible for its Jio success toward its oil and gas business. In 2018, it completed a $16 billion expansion at the world's largest refinery to expand its crude-to-chemicals production, with a target of 70%. In the recent announcement, Chairman Mukesh Ambani notes that the company is now focusing on developing synthetic fuels. This is not the first foray for Reliance into CO2 conversion, previously being one of the major supporters of algae-based fuels. But as momentum around algae has diminished, attention has shifted toward electrochemical CO2 conversion, with several pilot and commercial projects set to come online.

For the original news article, click here .


Further Reading

Total to charter its first LNG-powered crude carriers from AET

News Commentary | May 19, 2020

In line with its growing LNG business, Total has made its first venture into LNG‑powered vessels after signing chartering agreements for two new builds with Malaysian shipowner AET. With an expected delivery date in Q1 2022, the very large crude carriers (VLCCs) will add a combined 600,000‑ton ... Not part of subscription

LanzaTech spins out company dedicated to commercialization of sustainable aviation fuels

News Commentary | June 05, 2020

LanzaTech continues to blaze the trail for the alcohol‑to‑jet (ATJ) sustainable aviation fuel pathway, leading the ASTM approval for 50% blending. As the company ramps up production at its 16 MGY commercial facility in China and has more than 59 MGY capacity in its pipeline, the spinout for a ... To read more, click here.

LanzaTech's journey from gas fermentation developer to prospective sustainable aviation fuel producer

Case Study | August 26, 2020

LanzaTech was founded in 2005 to commercialize a non‑genetically modified Clostridium for the production of ethanol, 2,3‑butanediol, and a variety of other chemicals. Since its founding, the company has raised nearly $300 million in funding from a wide range of investors, including traditional ... Not part of subscription