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Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. —Grant Strem, CEO of Proton Technologies.
China processed record amounts of crude oil in 2021 to meet rising domestic consumption of petroleum products, according to analysis by the US Energy Information Administration (EIA). According to China’s National Bureau of Statistics, China processed a record 14 million barrels per day (b/d) of crude oil in 2021, a 4.6%
Maritime classification society the American Bureau of Shipping (ABS) has granted Alfa Laval the first marine approval for operating boilers on methanol. Alfa Laval offers a range of oil-fired and oil and exhaust gas-fired boilers for ships.
Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The gradual decline foresees a decrease in crude oil production by around 30% and natural gas production by around 15% by 2030.
The US State Department, which bears the responsibility for approving cross-border energy projects, said that Enbridge can indeed proceed with its plan under authority granted by previously issued permits. million barrels per day of crude oil and liquids. Enbridge US Mainline West as of August 2014. miles (2.4
The government of Jordan and the Saudi Arabian Corporation for Oil Shale (SACOS) recently signed a $2-billion agreement under which the government grants the Saudi company the right to extract and to develop the oil shale resources in the Attarat Um-AL-Ghudran region covering an area of 11 square kilometers.
Colorado State University has obtained a 5-year, $5-million grant from BP to study mechanisms involved with technology for oil recovery from “watered-out” wells. Typically, wells are abandoned after they are no longer producing oil or gas at a rate that is economically viable.
The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.
Researchers at the Goodyear Tire & Rubber Company have found in their tests that using soybean oil in tires can potentially increase tread life by 10% and reduce the tiremaker’s use of petroleum-based oil by up to seven million gallons each year.
The California Energy Commission approved an $8-million grant to Equilon Enterprises—a fully owned subsidiary of Shell Oil—to develop a high-capacity hydrogen fueling station to service and promote the expansion of zero-emission fuel cell electric Class 8 drayage trucks at the Port of Long Beach.
Canada’s Environment Minister Peter Kent, and Alberta’s Environment and Sustainable Resource Development Minister Diana McQueen toured several of the new oil sands monitoring stations now in place in the early stages of implementation of the Joint Canada-Alberta Implementation Plan for Oil Sands Monitoring. Earlier post.).
Neste Oil has joined the ITAKA (Initiative Towards Sustainable Kerosene for Aviation) project, which is being funded by the EU to support the commercialization and use of renewable aviation fuel comprising hydroprocessed esters and fatty acids in Europe. The 36-month ITAKA project has been granted approximately €10 million (US$13.3
In an EU-funded research project, an international consortium is aiming to develop new production methods for sustainable marine fuels to replace heavy fuel oils in shipping. This is cost competitive with Ultra-Low Sulfur Fuel Oil (ULSFO) which current, 2019, price level is €450-550/tonne. The participants are Vertoro B.V. (NL);
Neste Oil Corporation has filed a new patent infringement action against Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods, Inc. This follows a patent infringement action filed by Neste Oil in May 2012 ( earlier post ) against the same defendants concerning infringement of a Neste Oil product patent.
This collaboration is part of a $41-million Zero and Near-Zero Emissions Freight Facilities (ZANZEFF) grant preliminarily awarded by the California Air Resources Board (CARB), with the Port of Los Angeles as the prime applicant. Earlier post.).
Oil palm supplies more than 30% of world vegetable oil production. The study, published as an open access paper in the journal Nature Climate Change , shows that deforestation for the development of oil palm plantations in Indonesian Borneo is becoming a globally significant source of carbon dioxide emissions.
Agriculture Secretary Tom Vilsack announced $10 million in research grants to spur production of biofuels, bioenergy and biobased products that will lead to the development of sustainable regional systems and help create jobs. Vilsack highlighted the announcement with a visit to Michigan State University, a grant awardee.
Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil is “cool”. labor force. labor force.
NUNAOIL is the the only national oil company only in the Arctic; it participates in every license on behalf of the government of Greenland. It is with great pleasure, I note that we were able to attract the largest oil companies in the world to explore for oil and gas in our area. Petroleum exploration in Greenland.
has secured what it calls a critical patent for its innovative technology which recovers hydrocarbon diluents (solvents) from oil sands tailings. Heavy minerals exist in Alberta’s oil sands in minor quantities. These minerals are attracted to bitumen and become greatly concentrated by the oil sands bitumen extraction process.
Jordan’s Council of Ministers on Sunday endorsed all agreements prepared by the national electricity company with Estonian company Enefit which will carry out a mega oil shale energy project in the Kingdom. billion project, which will be the largest oil shale venture in the region and the world. Earlier post.). Earlier post.).
Nanomaterials company Pixelligent Technologies has been awarded a $1-million Small Business Innovation Research (SBIR) Phase II grant by the Department of Energy (DOE). The goal of this program is to develop a working prototype of a formulated oil that reduces engine wear and fuel consumption for the existing ground vehicle fleet.
an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. Canada-based CO 2 Solutions Inc., CO 2 Solutions’ technology platform uses carbonic anhydrase to accelerate the capture of CO 2 with energy-efficient solvents.
million, five-year grant to transform two of the most productive crops in the US into sustainable sources of biodiesel and biojet fuel. ROGUE will engineer energycane, a bioenergy crop derived from sugarcane, and Miscanthus to produce the oil that is used to create biodiesel and biojet fuel.
NineSigma, representing the General Electric Company, is inviting participation in a GE GHG Ecomagination Innovation Challenge to create value from excess low grade heat resulting from Steam Assisted Gravity Drainage (SAGD) oil sands production and/or related surface facility operations.
To reduce the number of accidents in the global oil and gas industry caused by damaged pipelines, University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. When larger spills happen, pipelines are often the culprit.
Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.
The California Energy Commission approved $8 million in grants to two biofuel companies stemming from a solicitation issued earlier this year (PON-13-609: Pilot-Scale and Commercial-Scale Advanced Biofuels Production Facilities). The co-produced renewable jet fuels are from naturally occurring oils. ARV-14-021 ).
Rosneft announced a major oil discovery at the East-Prinovozemelskiy-1 license area in the Kara Sea, following the successful completion of the drilling of the northernmost well in the world—the Universitetskaya-1 well. I can inform you about the discovery of the first oil/gas-condensate field in the new Kara sea oil province.
the developer of a process for harvesting algae and cleaning up oil & gas water, announced that its second original equipment manufacturer’s (OEM) agreement will target oil service companies in the Canadian oil sands market. LH was an early private investor in Athabasca Oil Corporation. OriginOil, Inc.,
Japan-based leading classification society ClassNK has granted Approval in Principle (AIP) to a new H 2 /CO 2 FPSO (floating production, storage and offloading) design developed by Mitsubishi Heavy Industries (MHI) and Chiyoda Corporation.
The Department of the Interior awarded an initial $560 million from the Bipartisan Infrastructure Law to 24 states to begin work to plug, cap and reclaim orphaned oil and gas wells. The Tribal orphaned well grant program is being informed by ongoing Tribal consultations and listening sessions.
Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014, but it’s making a return now that cracks have emerged in some key oil-producing nations. bank Citi said.
As a result of the bp refinery shutdown, Administrator Regan determined that extreme and unusual fuel supply circumstances exist and has granted a temporary waiver to help ensure that an adequate supply of gasoline is available in the affected areas until normal supply to the region can be restored.
US-based biotech startup Amfora and CSIRO (Commonwealth Scientific and Industrial Research Organisation, the federal government agency for scientific research in Australia) signed an agreement to advance development and commercialization of technology to produce oil in the leaves and stems of plants as well as the seeds. Source: CSIRO.
Examples of these consumers include manufacturers of semiconductors, LEDs, float glass, food oil, metal, and users of hydrogen fuel cell electric vehicles. Syzygy’s first go-to market is focused on a distributed hydrogen production system for small-scale hydrogen consumers.
a nationwide distributor of propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity, is purchasing a 39% stake in Oberon Fuels, a San Diego, CA-based development-stage producer of low-carbon, renewable dimethyl ether (rDME) transportation fuel. Suburban Propane Partners, L.P., Earlier post.).
The California Energy Commission committee reviewing the proposed 390-megawatt Hydrogen Energy California (HECA) power plant ( earlier post ) rejected a motion to terminate the project’s application for certification (AFC) and granted a separate request to suspend the AFC for six months.
It is one of four new grants, jointly funded by the US National Science Foundation and the Japan Science and Technology Agency, to develop environment-friendly fuels and reduce pesticide use. The four grants, totaling $12 million (¥960 million), will be divided between the Japanese and US laboratories.
million grant (US$4 million) from UK Research and Innovation (UKRI) to develop chemical recycling by combining the expertise of these global leaders in their respective business areas to make hard-to-recycle plastic packaging recyclable. A joint project involving these three companies has been awarded a £3.1-million
The University of Massachusetts Amherst recently granted a biofuels startup company, Anellotech , exclusive global rights to the university’s catalytic fast pyrolysis (CFP) technology developed by chemical engineer and UMass Amherst faculty member George Huber for producing renewable biogasoline and other biohydrocarbon fuels. Earlier post.).
Pacific Ethanol, Stockton LLC has entered into an agreement to install Edeniq’s Cellunators to boost ethanol yields and OilPlus corn oil extraction process to increase corn oil recovery at the company’s Stockton, California ethanol plant. Earlier post.). In June, Edeniq received a $3.9
Ensyn ( earlier post ) has been granted a key regulatory approval from the US Environmental Protection Agency (EPA) for its renewable gasoline product, RFGasoline. An FCC system circulates catalyst in a closed loop between two key vessels in order to convert vacuum gas oil to gasoline. Earlier post.).
million gallons per year of crude oil and consist of approximately 300 acres of algae cultivation ponds and processing facilities. When completed, the facility will produce 1.5
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