Stephen Schueler, Chairman of European Maritime Finance and Inerfuel. Partnering with Purify Fuel and Nabors (Canrig) capture this year’s award for their nanO2 ESG combustion catalyst additive improving fuel consumption by 6 to 8% and decreasing CO2 and NOx by over 22%,
Purify Fuel’s nanO2 ESG combustion catalyst and Nabors (Canrig), InerFuel’s global partners reducing carbon emissions and increasing fuel efficiency win Oil and Gas Middle East Highly Commended Sustainability Initiative of the Year.
This week at the Oil and Gas Middle East annual awards event in Dubai, nanO2 ESG combustion catalyst won the Sustainability Highly Commended Initiative of the Year behind fuel consumption savings, decreasing CO2 and NOx. The product is used in the Middle East.
NanO2 is being used on on rigs in the Middle East enabling the product and the team to be recognized with this year’s Sustainability Award.. Globally, NanO2 has delivered increased fuel efficiency by 6-10% and lower carbon and other emissions by 25-30%. Nabors is committed to decarbonizing drilling operations with plans to deploy this new technology across its global fleet and making the product available to third party customers through Canrig.
Purify Fuel has been identified as one of the world’s most innovative sustainable technology companies. Its nanO2 ESG combustion catalyst technology provides a transitional solution that will help fight climate change until alternatives are invented. The product has been extensively tested and has been aggressively launched across multiple industries (oil and gas, marine, rail, and mining). Since 2018 it has treated more than 50MM gallons of diesel removing the equivalent emissions produced by 139,000 automobiles.
Purify Fuel’s global partner Inerfuel, based in Houston, Texas, supports Purify Fuel’s ESG Fuel distribution benefiting from improved fuel performance and significant CO2 reduction.
Tony Crawford, President of Inerfuel said: “The fuel efficiency gains and carbon emissions reductions that nanO2 delivers is significantly improving the environment. We are excited by the energy transition to a greener world. We are proud of the team in Middle East who lead the delivery and results.”
Stephen Schueler, Chairman of European Maritime Finance and Inerfuel, said: “We are very proud of our global partnerships with Purify Fuel and Nabors (Canrig). NanO2 is a significant fuel discovery that enables industries to transition to greener and cleaner fuels. We are proud of the team’s award: The Sustainability Highly Commended Initiative of the Year Award from the Oil and Gas Middle East”.