Statoil releases its new HVO from waste fats and vegetable oil

In Norway, Statoil has developed a new HVO from waste fats and vegetable oil called Eco-1 that it says reduces CO2 emissions by up to 85% while NOx and particles emissions are cut by around 10%. The fuel has not yet been approved by standards authorities, so using as it can void manufacturers’ warrantees. That being said, Statoil will begin marketing the fuel at five gas stations around the country in the next few days. The company says the fuel production cost is competitive with fossil diesel.

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