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General Electric will build a new Global Research Center in Oklahoma dedicated to driving innovation and technological advancements in the oil and gas sector and bringing products to market faster. At GE, we see a tremendous opportunity in the oil and gas space. —GE Chairman and CEO Jeff Immelt.
US crude oil production averaged 11.3 The production decline resulted from reduced drilling activity related to low oil prices in 2020. The production decline resulted from reduced drilling activity related to low oil prices in 2020. In January 2020, US crude oil production reached a peak of 12.8 million b/d. million b/d.
In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.
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. Click to enlarge.
GE Oil & Gas and energy exploration and production company Devon Energy signed a new technology collaboration agreement (TCA) to drive innovations that will enhance the performance and economics of unconventional oil and natural gas projects as the demand for energy grows worldwide.
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. XTO is a US producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States.
Findings from a study by a team at the University of Oklahoma suggest that the stability of diesel fuel—i.e., The global shift toward reducing atmospheric particulate emissions led many governments to reduce the sulfur content of transportation fuels. The study is published in the ACS journal Environmental Science & Technology.
Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.
Stardust Power , a lithium refiner supplying the EV sector, is going to build the US’s largest battery-grade lithium refinery in Oklahoma. The refinery will be in Southside Industrial Park in Muskogee, Oklahoma, southeast of Tulsa, and is expected to be capable of producing up to 50,000 metric tonnes of battery-grade lithium annually.
The company has entered into a letter of intent with Global Infrastructure Partners (GIP) covering most of the midstream assets owned by Chesapeake Midstream Development, L.P., Headquartered in Oklahoma City, the company’s operations are focused on discovering and developing unconventional natural gas and oil fields onshore in the US.
billion lithium refinery in Oklahoma, which will be one of the largest in the US. January 17, 2024: Stardust Power first announced it would build the USs largest battery-grade lithium refinery in Oklahoma in January 2024. The refinery will be in Southside Industrial Park in Muskogee, Oklahoma, southeast of Tulsa. The post A $1.2B
According to the MOU, Howard intends to capture its carbon emissions at Javelina, avoiding atmospheric release which contributes to global warming. 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.
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.
million 13 projects aimed at reducing risks while enhancing the environmental performance of drilling for natural gas and oil in ultra-deepwater settings. The Board of Regents of the University of Oklahoma — Intelligent Casing-Intelligent Formation Telemetry System. Brief descriptions of the selected projects follow: ?.
Globally, water demand is threatening to dangerously outpace supply, while in the US, dry states such as Texas and California are suffering from shortages and the future forebodes more suffering. What it means for the oil and gas industry. How much oil and gas companies can save with new desalination systems.
RTI International will work with ADM, Albemarle and ConocoPhillips to develop a novel single-step catalytic biomass pyrolysis process with high carbon conversion efficiency to produce stable bio-crude oil with low oxygen content. DOE grant: $4,519,259). WASTE HEAT CAPTURE. NanOasis Technologies, Inc. DOE grant: $2,031,252).
Incremental well-to-wheels GHG emissions from WCSB Oil Sands Crudes Compared to Well-to-Wheels GHG Emissions from Displacing Reference Crudes Click to enlarge. Domestic production of crude oil has increased significantly, from approximately 5.5 That portion of the pipeline has already been built. million bpd in 2010 to 6.5
The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.
Washington’s drive to make the United States a major global lithium producer is being held back by a confusing mix of state regulations that are deterring developers and hampering efforts to break China’s control of the critical minerals sector. The path is even murkier for water that is extracted alongside crude oil.
Smart-grid technologies can help utilities better integrate renewable energy sources and run the transmission grid more efficiently, said Allan Schurr, the vice president of strategy and development at IBMs Global Energy and Utilities practice, which is participating in about 50 projects.
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