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Innovation Ranking
NewInnovation Ranking – Valero Energy Corp
Valero Energy Corp (Valero) is a downstream company that produces and markets transportation fuels and petrochemical products. Its assets include petroleum refineries, ethanol plants, and renewable diesel production from a joint venture. The company's refineries produce gasoline, diesel, low-sulfur diesel, ultra-low-sulfur diesel, distillates, asphalt, jet fuel, petrochemicals, lubricants, and other refined products. It markets the refined products on a wholesale basis in the US, the UK, Canada, and Ireland through bulk and rack marketing networks and its branded outlets are...
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Company Insights
Innovation and Patenting activity of Valero Energy Corp Q4 2023
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of Valero Energy Corp Q4 2023". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The report will be...
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Analyst Opinions
NewOil and Gas Sector Strategies in Electric Vehicles
Oil and Gas Sector Strategies in EV Report Overview As the world races to meet net zero targets, both public and private sectors are having to find alternative solutions and invest in innovative technologies. The transportation sector accounts for a significant portion of the global energy use, leading to a hunt for alternative fuel solutions for sustainable mobility. A type of alternative fuel vehicle that has been growing rapidly is battery electric vehicles (BEVs), also referred to as EVs. The...
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Analyst Opinions
NewNorth America Energy Transition by Key Sectors and Companies Driving Development
North America’s energy transition is continuing to gather pace, with a combination of technological development and favorable policy incentives driving substantial growth across renewables, hydrogen and CCUS sectors. Technologies such as electric vehicles and renewable fuels are also experiencing increasing adoption albeit at a slower rate. Despite the current dominance of natural gas within North America’s generation mix, a rapid build-out of solar PV and wind capacity will boost renewable generation so that it will contribute 55% of total generation...
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Analyst Opinions
Net Zero by 2050 – Industrial Decarbonization Gains Momentum (Vol.2)
Net Zero by 2050 Overview Businesses and tech giants globally are focusing on low-carbon products, renewables, and EVs to achieve net zero emissions. Key sectors such as aerospace, automotive, and technology are advancing sustainability through innovations in hydrogen, EVs, fuel cells, and smart energy solutions among others. The “Net Zero by 2050” report outlines decarbonization-related deals value and volume trends, VC investment activity and geographic trends, and leading investors. The report also provides facts and figures related to climate change,...
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Company Insights
Marathon Petroleum Corp – Digital Transformation Strategies
Marathon Petroleum Digital Transformation Strategies Overview Marathon Petroleum Corp. (Marathon) is focusing on cloud-based technologies for its digital transformation. The annual ICT spending of Marathon was estimated at $946 million for 2023. A major share of this spending is earmarked for acquiring ICT services, software, and hardware from vendors. Marathon is an integrated downstream energy company, that has 13 refineries across 12 states in the US and supplies gasoline and distillates to resellers across the US. The company distributes refined...
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Analyst Opinions
Sustainable Aviation Fuel – The Way Forward for Aviation Industry
Sustainable Aviation Fuel Report Overview There are currently 9 pathways for producing sustainable aviation fuel (SAFs), which are certified by the IATA. However, hydrotreatment remains the dominant pathway for the bulk of current SAF production. As SAF production increases, alternative pathways will become more prominent such as alcohol-to-jet (ATJ) and power-to-liquid (PtL) technologies. To spur emission reductions from the sector, organizations such as the ICAO and the ITAO have set a target of reaching net-zero emissions by 2050. Sustainable aviation...
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Product Insights
Sunray
Sunray is an Onshore Wind project located in Texas, United States. The project is owned and developed by Valero Energy Corp. The project came online in 2009. Empower your strategies with our Sunray report and make more profitable business decisions. Note: This is an on-demand report that will be delivered upon request. The report will be delivered within 2 to 3 business day of the purchase, excluding weekends and holidays. Certain sections of the report may be removed or altered...
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Thematic Analysis
Biofuels – Thematic Intelligence
Biofuels Theme Analysis Report Overview Biofuels generate a lower carbon footprint across their lifecycle when compared with fossil fuels. Moreover, their emission footprint can be significantly reduced further by capturing CO2 during their production. Hence, biofuels are considered as alternatives to fossil fuels in decarbonizing various industries. Renewable fuels that are produced using advanced biomass, such as wastes from agriculture, forestry, food processing, and non-edible crops, are rapidly gaining popularity among refiners globally. The use of advanced feedstock as opposed...
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Sector Analysis
Oil and Gas Sector Strategies for Low Carbon Fuels Market Overview, Production Outlook, Trends and Analysis
Oil and Gas Sector Strategies for Low Carbon Fuels Market Report Overview The oil and gas industry currently faces numerous challenges, of which decarbonization is a key component. Low-carbon fuels such as renewable diesel, SAFs, and synthetic fuels offer a route to decarbonization that allows the industry to continue providing products and services to its existing consumer industries. There are several strategies that oil and gas players are exploring to branch into the low-carbon fuels market. Renewable diesel and SAFs...