Idemitsu and HIF have entered a wide-ranging partnership
Idemitsu Kosan to purchase efuels from HIF
The Japanese firm will also co-invest in new efuels facilities and supply captured carbon dioxide
Efuels company HIF has signed a strategic cooperation agreement with Japan’s Idemitsu Kosan to accelerate the production of synthetic fuels. The Japanese firm will purchase efuels from HIF’s global facilities, co-invest in potential new projects in Japan, and supply CO₂ captured in Japan for use in efuels production. HIF started producing ‘carbon-neutral’ gasoline fuel at its first efuels facility at Haru Oni in Chile in December 2022. The 130,000l/yr facility uses green hydrogen from an onsite 1.2MW electrolyser powered by a co-located wind turbine and CO₂ captured directly from air via amine-based sorbents. The firm is also developing a 750mn l/yr facility in Texas, with startup expected i
Also in this section
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
