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Shell selects site for proposed $12.5B GTL project in Louisiana

Green Car Congress

Shell has selected Ascension Parish in Louisiana as the location for a potential natural gas-to-liquids (GTL) facility. The Louisiana Department of Transportation and Development will begin moving forward this year with projects that benefit the industry and those who travel throughout St. James and Ascension parishes.

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Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

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In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil. President George W.

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BP Plans to Deploy Subsea Oil Recovery System in 6-8 Days, Weather Permitting

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Concept of the subsea oil recovery system. BP is working to deploy a subsea oil recovery system over the largest leak source in the Transocean Deepwater Horizon Rig that it hopes will capture up to 85% of the oil rising from the sea floor following the sinking of Deepwater Horizon on 22 April. Tags: Oil. Not to scale.

Oil 294
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Grön Fuels selects Haldor Topsoe technologies for multi-billion-dollar renewable fuels complex in Louisiana

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The facility will produce renewable diesel from non-fossil feedstocks such as soybean and canola oils, distillers corn oil, tallow, used cooking oil, and feedstocks of the future such as bio-crudes.

Renewable 397
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EIA: Proved reserves of US natural gas increased 32% during 2021

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trillion cubic feet (Tcf) in 2021, a 32% increase from 2020, according to the US Energy Information Administration’s (EIA’s) recently released Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 report. The wholesale spot price for natural gas at the US benchmark Henry Hub in Louisiana averaged $3.89

Gas 457
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Strategic Biofuels successfully tests carbon capture and storage for renewable diesel plant

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Strategic Biofuels announced that its Carbon Capture and Sequestration (CCS) Test Well Program was successfully completed at the company’s Louisiana Green Fuels Project (LGF) in Caldwell Parish, Louisiana. The program used oil field workers and traditional oilfield equipment to advance this green energy project.

Renewable 353
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EIA: proved reserves of US natural gas established a new record; oil reserves increased by 16% at the end of 2021

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In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). In 2021, Texas’s annual crude oil and lease condensate proved reserves increased by 12% (1.9

Oil 259