In France, within the framework of its net zero strategy, Total will convert its Grandpuits refinery (Seine-et-Marne) into a zero-crude platform. By 2024, following an investment totaling more than €500 million, the platform will focus on four new industrial activities: Production of renewable diesel primarily intended for the aviation industry. Production of bioplastics. Plastics recycling. […]
In France, Euractiv reports that Total has scored a win in the long running battle over tax incentives for palm oil products with the Directorate General of Customs recently adding Palm Fatty Acid Distillate to those on the list of tax exemptions, much to the dismay of environmental NGOs who believe that anything that comes […]
In France, Total has started up production at the La Mède biorefinery in southeastern France, with the first batches of biofuel coming off the line. It is the final step in converting a former oil refinery into a new energies complex. Launched in 2015, the project represents a capital expenditure of €275 million. The La […]
In France, Reuters reports that the country’s ban on using palm oil for biofuel could risk the viability of Total’s La Mede refinery it has spent $316 million to convert to HVO production. Following protests from local farmers, the company shifted its feedstock plans to use less than half of its total demand from palm […]
In France, Reuters reports that Total has decided to delay the start up of its $227 million La Mede biofuel refinery revamp until Q1 2019. The 500,000 metric ton per day facility was meant to start up over the summer but the company’s CFO didn’t say what the reasons were for the delay when the […]
In Texas, while European oil companies like Statoil and Total talked about moving away from oil and toward natural gas and renewable energy at CERO, the world’s biggest oil and gas conference, there was little mention of biofuels or renewable energy among American oil companies like ConocoPhillips. Statoil and Total shared their long-term plans towards […]
We reported in April that Total is betting on the future of renewables by developing a Gas, Renewables & Power segment as part of its current restructuring process that will be implemented by Sept. 1. With an eye on becoming the leading global player in biofuels, the company plans to invest $500 million annually in renewables in order […]
In France, SUEZ and TOTAL are joining forces to collect and recycle used cooking oil in France. As part of their 10-year partnership, SUEZ will supply 20,000 metric tons of used cooking oil a year to TOTAL. Collected throughout France, the oil will be processed into biofuel at Total’s La Mède biorefinery. In response to […]
In the UK, BP, Eni, Repsol, Saudi Aramco, Royal Dutch Shell, Statoil and Total are set to announce details of a joint investment vehicle on Friday that will support renewable energy as the next step in Oil and Gas Climate Initiative set up in 2014 as a way for the sector to combat climate change. […]
In Pennsylvania, Bill Gates is leading the latest investment round into the pioneering cellulosic sugars producer Renmatix as energy giant Total joins in with second investment and a 1 million ton per year license. Gates is the chairman of the Breakthrough Energy Coalition— along with Zuckerberg, Branson, Bezos, Steyer, Khosla, Doerr, and 20 others who […]
