ESG Investing

SUSTAINABLE AVIATION FUEL

Sustainable Aviation Fuel (“SAF”), made from non-petroleum feedstocks, is an alternative fuel that reduces emissions from the air transportation industry. SAF can be blended with crude oil-based jet fuel at different levels with limits of 10% to 50%. SAF will play a critical role in decarbonization as the drop-in synthesized hydrocarbon fuel is manufactured from waste streams, renewable energy sources, or gaseous carbon oxides.

Benefits Include

Engine and infrastructure compatibility—SAF blended with conventional jet fuels can be used in existing aircraft and infrastructure.
Fewer emissions—Compared with conventional jet fuel, 100% SAF has the potential to reduce greenhouse gas emissions by up to 94% depending on feedstock and technology pathway.
The oxygenation process used to make Biodiesel causes the fuel to be more unstable, freeze in cold weather, separate while in storage, and has a higher emission level than RD.
More flexibility—SAF is a replacement for conventional jet fuel, allowing for multiple products from various feedstocks and production technologies.
Most SAF contains fewer aromatic components, which enables it to burn cleaner in aircraft engines. This means lower local emissions of harmful compounds around airports during take-off and landing. Aromatic components are also precursors to contrails, which can exacerbate the impacts of climate change.

RENEWABLE DIESEL

Renewable Diesel ("RD") is produced/refined using natural fats, vegetable oils (such as Palm and Soybean) and animal fats as the processing feedstock versus petroleum diesel or Biodiesel.
Biodiesel is vastly different in its processing methods due to its oxygenation process versus a hydrogenation process used for RD.
The oxygenation process used to make Biodiesel causes the fuel to be more unstable, freeze in cold weather, separate while in storage, and has a higher emission level than RD.
RD, once hydrogenated, contains very similar chemical characteristics as petroleum diesel and, therefore, can be blended with petroleum diesel to produce a stable, cleaner burning diesel.
RD can be easily pipeline shipped and stored by like other transportation fuels, whereas Biodiesel cannot.

GROWING DEMAND

The growing global emphasis on lower emissions is creating a rapidly growing market and demand for Renewable Diesel and SAF.
Significant investment capital has been earmarked for ESG investing initiatives which is ideally suited for renewal fuel projects.
Global demand for renewable fuels is anticipated to exceed 6.8 billion gallons annually by 2025 and could continue to grow as jet fuel demand grows also.
More states are implementing "Lower Carbon Fuel Standards" that could further accelerate the growth curve in demand.

EOR ENERGY EXPERTISE

EOR and its engineers are very experienced in the refining process and with the technology required to produce Sustainable Aviation Fuel (SAF), Renewable Diesel and other refined petroleum products.
The Company is focused on a number of opportunities in the US and internationally for the development, operation and production of renewal fuels.