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Louisiana Governor John Bel Edwards and Air Products Chairman, President, and CEO Seifi Ghasemi announced a $4.5-billion billion clean energy complex to be built in Louisiana that will make the state a leader in the US clean energy transition. It represents Air Products’ largest investment in the US.
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.
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.
The integration of the fully proven H2bridge hydrogen technology with the HydroFlex technology enables Grön Fuels to produce renewable bio-hydrogen equivalent to the production of a 1,000 MW hydrolyzer plant at a fraction of the cost.
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.
The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. There are now 1,590 active oil rigs, the lowest level in six weeks. 17, compared to the prior week.
gigawatt hours (GWh) of gravity energy storage to support DG Fuels across multiple projects, with the first project slated for 500 megawatt hours (MWh) in Louisiana. DG Fuels expects to complete its Louisiana SAF project by mid-2022. The Louisiana facility is the company’s first major project. barrel per ton of feedstock.
South African energy and chemicals group Sasol today announced that it has chosen the southwestern region of the State of Louisiana as the site for a planned gas-to-liquids (GTL) facility. Sasol will embark on a feasibility study to evaluate the viability of a GTL venture in Calcasieu Parish, Louisiana, over the next 18 months.
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.
Beaudreau announced that Interior will offer more than 40 million acres for oil and gas exploration and development in the Gulf of Mexico in March lease sales. Lease Sale 231 in the Central Planning Area and Lease Sale 225 in the Eastern Planning Area will be held consecutively in New Orleans, Louisiana, on 19 March 2014.
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). Production of existing reserves. Thorough appraisals of existing fields. per barrel in 2021.
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 Oilproduct patent.
billion, 180 million gallon per year SAF facility in Louisiana to occur in early 2024. The Louisiana SAF facility will be the template for multiple other such facilities to be built across North America, Europe and Asia. The relatively modest balance of the maximum $30-million capital raise is expected to fund in the next few months.
Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. million acres on the US Outer Continental Shelf (OCS) offshore Louisiana, Mississippi and Alabama. billion in bid revenues.
April saw the US produce a record 10,543,000 barrels per day (MBD) of oil, according to data from the American Petroleum Institute. Total petroleum products delivered to the domestic market in April 2018 were 20,308,000 b/d—a seasonal decrease of 1.5% Domestic WTI crude oil prices averaged $66.25 from March but 3.8%
The US Bureau of Ocean Energy Management (BOEM) has completed a draft environmental impact statement regarding multiple oil and gas lease sales tentatively scheduled between 2012 and 2017 in the Western and Central Gulf of Mexico planning areas, offshore the states of Texas, Louisiana, Mississippi and Alabama.
REG converts waste and byproduct fats and oils into biodiesel and renewable diesel. The ISU BCRF is an integrated research and demonstration facility dedicated to biomass production and processing.
Air Products plans to construct a new 180-mile long pipeline connecting its existing Louisiana and Texas hydrogen pipeline systems, creating the world’s largest hydrogen plant and pipeline supply network. in 2010, as well as a new world-scale hydrogen production plant currently under construction in Luling, La.
NuStar Logistics, EOG Resources Rail Yard (Louisiana) LLC and EOG Resources Marketing, Inc. have entered into a definitive agreement to develop, build and own jointly a 70,000-barrel-per-day unit train offloading facility at NuStar’s crude oil terminal in St. both subsidiaries of EOG Resources, Inc.) NuStar Energy L.P.
Shell Oil Company has signed an agreement with Ryder System for 15 liquefied natural gas (LNG) heavy-duty vehicles supporting oil and gas logistics operations in Lafayette, La. Ryder Dedicated Transportation Solutions has more than 200 customers in the oil and gas sector. and Houston, Texas. service locations.
The basic New Oil process. Louisiana-based startup New Oil Resources (NOR) is commercializing a near-critical (i.e., New Oil Resources licensed the technology (US Patent 6,180,845 ) in 2009 from Louisiana State University (LSU); the original developers of the process are Drs. Click to enlarge. Click to enlarge.
Air Products has entered a long-term agreement with Shell Oil Company for the supply of a significant portion of the hydrogen requirements at Shell’s Deer Park, Texas refinery. Air Products’s planned integrated hydrogen pipeline in the Gulf Coast. The hydrogen supply will commence in mid-2013. Click to enlarge.
Louisiana Governor John Bel Edwards and PBF Chalmette Refinery Manager Steven Krynski announced that the company is studying the possible conversion of an idled refinery unit into a renewable diesel production complex. and is capable of processing both light and heavy crude oil. Bernard Parish consider the project.
Neste Oil Corporation has filed a patent infringement action against Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods, Inc in the US District Court for the District of Delaware. Neste Oil is the world’s leading producer of premium-quality renewable diesel. —Matti Hautakangas, Neste Oil’s General Counsel.
Air Products, the leading global hydrogen provider, held a dedication ceremony for what is now the world’s largest hydrogen plant and pipeline supply network. Air Products had operated two hydrogen pipeline systems in Texas and Louisiana before joining them with a new 180-mile segment.
Chevron (as well as fellow oil major ExxonMobil) has been developing co-processing—adding biomass-derived feedstocks to the fossil-based feedstocks of existing petroleum refinery process units—as a way to produce fuels with increased renewable content more cost-effectively. United States. doi: 10.2172/1846005
According to an analysis by the US Energy Information Administration (EIA), planned additions over the next two years to the US crude oil pipeline infrastructure should relieve the bottleneck at Cushing, Oklahoma which has been caused by the oversupply of oil resulting from the growth of crude oilproduction in the US mid-continent and Canada.
EU biodiesel production increased 16.6% This increase is well below the increases in production in three of the four prior years (35% in. Despite this lower production increase, the EU remains the. Despite this lower production increase, the EU remains the. European biodiesel production capacity is currently.
Royal Dutch Shell plc (Shell) made a final investment decision in the Stones ultra-deepwater project, a Gulf of Mexico oil and gas development expected to host the deepest production facility in the world. Shell has been one of the pioneers in the Lower Tertiary, establishing first production in the play from its Perdido Development.
Chevron announced that crude oil and natural gas production has begun at the ultra-deepwater Jack/St. With a planned production life of more than 30 years, current technologies are anticipated to recover in excess of 500 million oil-equivalent barrels. Malo project in the Lower Tertiary trend, US Gulf of Mexico.
and Syntroleum Corporation that produces synthetic fuels from animal fats and greases, has entered into strategic marketing alliance, commercial off-take and supply chain management agreements with Mansfield Oil Company to distribute renewable diesel to the commercial fleet vehicle market. Mansfield markets and distributes more than 2.5
Responders to the BP/Transocean Deepwater Horizon incident have scheduled a controlled, on-location burn of oil from the spill to begin at approximately 11 a.m. The explosion and fire on, and subsequent sinking of, the Deepwater Horizon drilling rig left some 1,000 barrels of oil (42,000 gallons) per day flowing from the broken drill pipe.
Neste Oil Corporation has filed a patent infringement action against Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods, Inc in the US District Court for the District of Delaware. Neste Oil is the world’s leading producer of premium-quality renewable diesel. —Matti Hautakangas, Neste Oil’s General Counsel.
Total March deliveries of all products, including gasoline, distillate, kerosine-jet fuel, and residual fuel, rose 3.5% The record gasoline production in March makes it abundantly clear that supply is not an issue with the higher gasoline prices we’ve seen. US distillate production in March was up 5.3% from a year ago.
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.
This workshop will discuss, reassess, and prioritize demonstration and deployment efforts needed for the production of affordable, scalable, and sustainable drop-in hydrocarbons. The Bio-Oil Co-Processing: Expanding the Refinery Supply System Workshop will be held on 3 April in New Orleans, Louisiana.
Production is now underway from the Cardamom development, the second major deep-water facility Shell has brought online in the US Gulf of Mexico this year, following the start-up of Mars B in February. Oil from the Cardamom subsea development (100% Shell) is piped through Shell’s Auger platform. —Marvin Odum.
Chevron Corporation announced that it had conducted a successful production test on the St. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. Malo development is located approximately 280 miles (450 km) south of New Orleans, Louisiana, in 7,000 feet (2,134 m) of water.
Air Products will increase the supply of hydrogen to Marathon Petroleum Company LP, a subsidiary of Marathon Oil Corporation (NYSE: MRO), at Marathon’s Garyville, La. In all, Air Products will increase the current level of supply by approximately 25 million standard cubic feet (MMscf) (around 60,000 kg) per day.
The transaction positions Denbury as one of the largest crude oil-focused, independent North American exploration and production companies. Encore has one of the larger acreage positions in the prolific Bakken oil shale with over 300,000 net acres. (the “Company”) and will be headquartered in Plano, Texas.
The plant would utilize REG’s proprietary Bio-Synfining technology for the production of renewable diesel fuel. Planned feedstocks include a mix of waste fats, oils and greases, including regionally-sourced vegetable oils, animal fats and used cooking oil. Phillips 66 and Renewable Energy Group, Inc. The final step ?in
BP, in its monitoring of Deepwater Horizon ’s blowout preventer (BOP) on the floor of the Gulf of Mexico, has identified a third leak in the riser of the deep underwater well, according to Doug Suttles, chief operating officer for BP Exploration and Production, during a press conference on the incident response held yesterday.
The sale will include all available unleased areas in the Central Planning Area offshore Louisiana, Mississippi and Alabama. Lease Sale 216/222 is the last remaining sale scheduled in the 2007 – 2012 Outer Continental Shelf Oil and Natural Gas Leasing Program.
will supply rotating equipment for the first full-scale production of renewable diesel fuel in the US. The Houston-based oil and gas equipment maker received the order from Diamond Green Diesel LLC. Houston Business Journal. Dresser-Rand Group Inc. Earlier post.). UOP is a Honeywell company.
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