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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. Not to scale. Click to enlarge.

Oil 294
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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

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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.

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Obama Administration to offer 40 million acres in the Gulf of Mexico for oil and gas development

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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.

Mexico 223
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$112.5M awarded to research consortia studying effects of Deepwater Horizon oil spill on Gulf of Mexico

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million to study the effects of the Deepwater Horizon oil spill in the Gulf of Mexico. The GRI also funds research that improves techniques for detecting oil and gas, spill mitigation, and technologies to characterize and remediate spills. Lead Institution: Louisiana Universities Marine Consortium. Lead Investigator: Nancy N.

Mexico 225
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GM sourcing components for the Chevy Volt produced from recycled oil-soaked plastic booms from BP spill

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General Motors has developed a method to convert an estimated 100 miles of the oil-laden plastic boom material used to soak up oil from the BP spill in the Gulf of Mexico earlier this year into parts for the Chevy Volt. Heritage Environmental managed the collection of boom material along the Louisiana coast. Click to launch.

Oil 262
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DOI: latest Gulf of Mexico oil & gas lease sales garner $872M in high bids

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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.

Mexico 268
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SAF company DG Fuels closes investments with two Japanese companies

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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.

Companies 370