City Oil Field’s Regenerated Green Oil Technology Commercial Operation
Under construction · South Korea · Last reported Apr 2026
Source: The Globe and Mail
City Oil Field’s Regenerated Green Oil technology, a plastic-to-oil technology, has moved into full commercial operation in South Korea with a valuation of about $72 million. Sabien Technology holds exclusive UK and Arizona rights to this technology and is advancing project discussions in the UK and U.S. via its b.grn vehicle, signing memoranda of understanding with potential feedstock and infrast
- Status
- Under Construction
- Sector
- Oil and Gas, Commercial
- Location
- South Korea
- Updated
- 22 Jul 2026
- Source
- The Globe and Mail
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Project Information
Participants
| Not available for this record. |
Status
Original status | under construction |
Taiyo status | Under Construction |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | City Oil Field’s Regenerated Green Oil technology, a plastic-to-oil technology, has moved into full commercial operation in South Korea with a valuation of about $72 million. Sabien Technology holds exclusive UK and Arizona rights to this technology and is advancing project discussions in the UK and U.S. via its b.grn vehicle, signing memoranda of understanding with potential feedstock and infrastructure partners to position for long-term growth in plastic-to-oil. |
Original sector | Energy |
Budget |
Location
Country | South Korea |
Source
Source | The Globe and Mail |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Commercial |
Article published date | 2026-04-03 |
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