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The OklahomaCorporation Commission (OCC) approved a rebate program that enables Oklahomans to receive rebates for the purchase of a. While the rebate program will be offered through Oklahoma Natural Gas (ONG), all Oklahomans are eligible for the rebates.
Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4
Chesapeake Energy Corporation and Sinopec International Petroleum Exploration and Production Corporation (Sinopec) executed an agreement which provides for Sinopec to purchase a 50% undivided interest in 850,000 of Chesapeake’s net oil and natural gas leasehold acres in the Mississippi Lime play in northern Oklahoma (425,000 acres net to Sinopec).
In the United States, the transportation sector accounts for two-thirds of total US oil consumption and about one-third of total anthropogenic greenhouse gas emissions. Ceramatec will utilize an efficient electrochemical deoxygenation process to develop cost-effective technology to separate oxygen from bio-oil.
TransCanada Corporation has received the final of three key permits needed from the US Army Corps of Engineers in order to advance the 485-mile (780-kilometer) Gulf Coast Project. The pipeline will transport growing supplies of US crude oil to meet refinery demand in Texas. Earlier post.)
Summit Power Group, LLC and Blue Strategies, LLC have signed a 15-year CO 2 offtake agreement with Whiting Petroleum Corporation for some of the CO 2 that will be captured by Summit’s Texas Clean Energy Project ( TCEP ), a coal gasification with carbon capture polygen project being developed in Penwell, Texas, outside Odessa. Earlier post.).
Chesapeake Energy Corporation entered into multiple agreements to sell the vast majority of its Permian properties, substantially all of its midstream assets and certain noncore leasehold for total net cash proceeds of approximately $6.9 a subsidiary of Chevron Corporation. billion of term loans during the 2012 fourth quarter.
plans to study the feasibility of recovering critical minerals from coal and associated strata in the Cherokee-Forest City Basin encompassing Kansas, Iowa, Missouri, Nebraska, Oklahoma and the Osage Nation. DOE Funding: $1,499,999. DOE Funding: $1,499,817. Other: University of Kansas Center for Research Inc. DOE Funding: $1,500,000.
million to six new projects to develop new technologies, processes, or procedures that could result in improved understanding and management of systemic risk in offshore oil and gas operations. Oklahoma State University. Florida Maxima Corporation. These projects address several facets of risk in offshore operations.
This Arkansas BCAP project area is sponsored by MFA Oil Biomass LLC, in Columbia, Mo. MFA Oil Biomass and partner Aloterra Energy LLC, operating in Ohio, will continue to coordinate the crop propagations, planting and mitigation and monitoring plan. The deadline to sign up for the project areas is 14 Sept.
As a leader in US crude oil export ports and a major economic engine of Texas and the nation, Port of Corpus Christi is the largest port in the United States in total revenue tonnage. The company has corporate offices in San Antonio, Houston and Monterrey, Mexico.
AEO2013 offers a number of other key findings, including: Crude oil production , especially from tight oil plays, rises sharply over the next decade. Domestic oil production will rise to 7.5 Biofuels grow at a slower rate due to lower crude oil prices and. A shift to the use of Brent spot price as the reference oil price.
The process also uses less than half the water per gallon than required for the production of gasoline from conventional crude, and about one-third to one-quarter of the water per gallon required for the production of gasoline from oil sands oil, Bolson said. On average, approximately 3.0
Of the lead recipients, 43% are small businesses, 35% are educational institutions, and 19% are large corporations. Sun Catalytix Corporation will develop a unique technology to split water into hydrogen and oxygen under benign conditions to enable storage of intermittent renewable solar and wind energy for around-the-clock use.
The University of Oklahoma (Norman, OK) plans to develop, build, and validate a low-cost, field-installable, remotely-controlled natural gas compressor retrofit kit. The multifunctional catalytic process will address venting and flaring associated with oil and natural gas operations.
TransCanada Corporation said that its 590,000 barrel-per-day (bpd) capacity Keystone Pipeline system resumed transporting oil sands crude on Sunday, 5 June, after a shutdown 29 May following an above-ground spill at a pump station in Kansas involving less than 10 barrels of oil. —PHMSA Corrective Action Order.
Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 Devon and BP will also form a heavy oil joint venture to develop BP’s Kirby oil sands leases in Alberta, Canada. billion in cash.
American Electric Power has signed on as a corporate sponsor of The Pickens Plan, proposed by oil and gas industry veteran T. Boone Pickens. AEP’s headquarters are in Columbus, Ohio.
Exxon Mobil Corporation is acquiring XTO Energy Inc. The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. in an all-stock transaction valued at $41 billion.
Marathon OilCorporation has reached a definitive agreement with Hilcorp Resources Holdings, LP to purchase its assets in the core of the Eagle Ford shale formation in Texas in a transaction valued at $3.5 billion subject to closing adjustments, customary terms and conditions, and Hart-Scott-Rodino approval.
HollyFrontier Corporation, an independent petroleum refiner and marketer that produces high value light products such as gasoline, diesel fuel, jet fuel and other specialty products, plans to construct a new renewable diesel unit (RDU) at its Artesia, New Mexico refinery (Navajo Refinery).
TransCanada Corporation has submitted a new Presidential Permit application to the US Department of State (DOS) for the Keystone XL Pipeline from the US/Canada border in Montana to Steele City, Nebraska. Keystone XL has an initial capacity of 830,000 bbl/d. Construction of the US$2.3
REGULATORY RISKS In Oklahoma, which has several brine deposits, the OklahomaCorporation Commission – which oversees oil and gas development – said it has no jurisdiction over lithium production and royalties, and referred comment to the state’s Department of Mines, which said it also does not oversee lithium.
TransCanada Corporation has informed the US Department of State (DOS) that it plans to file a Presidential Permit application (cross-border permit) in the near future for the Keystone XL Project from the US/Canada border in Montana to Steele City, Nebraska. The approximate cost is US$2.3 Cross-border Project.
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