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Oil and gas lease sale in Central Gulf of Mexico draws more than $1.7B in high bids for more than 2.4M acres; Shell, Statoil, BP top high bidders

Green Car Congress

The US Department of the Interior held a 39-million acre lease sale in the Gulf of Mexico. Secretary of the Interior Ken Salazar announced that the Central Gulf of Mexico oil and gas lease sale attracted $1,704,500,995 in high bids for tracts on the US outer continental shelf offshore Louisiana, Mississippi and Alabama.

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Solazyme expanding renewable oil production capacity with JV partner Bunge, signs strategic collaboration agreement with ADM

Green Car Congress

Separately, Solazyme and Archer-Daniels-Midland Company, a leading global agricultural processor, signed strategic collaboration, manufacturing and market development agreements in which Solazyme and ADM will produce Solazyme’s tailored algal oils in ADM’s advanced fermentation plant at Clinton, Iowa. Solazyme, Inc., Earlier post.).

Oil 239
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BASF to start up new FCC catalysts testing and research lab in Germany; addressing the impact of the North American tight oil market

Green Car Congress

After the gas oil is cracked via the catalyst, the resulting effluent is separated based on various boiling points into several intermediate products, including butane and lighter hydrocarbons, gasoline, light gas oil, heavy gas oil, and clarified slurry oil.

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EPA proposes air pollution standards for oil and gas drilling operations; focus on capture of escaping natural gas

Green Car Congress

The US Environmental Protection Agency (EPA) proposed standards to reduce harmful air pollution from oil and gas drilling operations. The VOC reductions in the proposal are expected to help reduce ozone nonattainment problems in many areas where oil and gas production occurs.

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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

Power forecast of hybrid-, plug-in hybrid- and battery-electric vehicle global sales through 2020. Power and Associates estimates combined global sales of hybrid-electric vehicles (HEVs), plug-in hybrid-electric vehicles (PHEVs) and battery-electric vehicles (BEVs) will total 5.2 Breakdown of Global HEV and BEV Sales by 2020.

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Yes, There IS A Veggie-Oil-Fueled Diesel Corvette--For Sale

Green Car Reports

Of all the Chevrolet models, the Corvette sports car may be the one least likely to be considered green. Indeed, the world rocked on its axis when the lead engineer said two years ago that, one day, there might be a Corvette Hybrid. But considerably sooner than that, you can have your very own green Corvette, with a diesel engine fueled on.

Diesel 134
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KiOR receives fuel registration from EPA for renewable gasoline; first cellulosic gasoline registration in US

Green Car Congress

The registration, required by manufacturers of motor vehicle fuels by the EPA, must be completed prior to the sale of the product. KiOR is a development stage, next-generation renewable fuels company that has developed a two-step proprietary technology platform to convert non-food biomass into cellulosic gasoline, diesel and fuel oil.

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