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NOAA study finds little evidence for large increases in total US methane emissions over the past decade

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A study by a team of researchers from the National Oceanic and Atmospheric Administration (NOAA) Earth System Research Laboratory has found that methane emissions from oil and natural gas production in the United States may not be rising as quickly as had been feared. 1 for 2006?2015,

Emissions 255
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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

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United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012.

El Paso 225
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Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

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Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.” On Tuesday, 6 January, the price for WTI crude closed at $47.93/bbl,

Oil 150
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Neste Oil awarded first RSPO-RED certificate for NExBTL renewable diesel production

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Neste Oil is the first company to be awarded an RSPO-RED Supply Chain certificate under the Roundtable on Sustainable Palm Oil’s (RSPO) new, more demanding certification system. The certificate covers the production of NExBTL renewable diesel at Neste Oil’s refineries in Porvoo, Rotterdam, and Singapore.

Oil 225
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Shell sets world record for deepest subsea oil and gas well in Perdido Development: 9,627 feet in Gulf of Mexico

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Shell Oil Company is now producing oil from what it says is the world’s deepest subsea well at its Perdido Development. From Perdido, Shell accesses the Great White, Tobago, and Silvertip oil and gas fields through subsea wells directly below the facility and from wells up to seven miles away. Earlier post.)

Mexico 236
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Aemetis finalizes $7B of supply contracts for 100% of Riverbank Plant Production of SAF and RD for up to 10 years

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The facility is designed to use renewable hydrogen and zero carbon intensity hydroelectric electricity to hydrotreat sustainable renewable oils to produce SAF and RD. Founded in 2006, Aemetis has completed Phase 1 and is expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas.

Supplies 195
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Aemetis signs $3B, 10-year supply agreement for 450M gallons of renewable diesel with industry-leading travel stop company

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Headquartered in Cupertino, California, Aemetis is a renewable natural gas, renewable fuel, and biochemicals company focused on the acquisition, development, and commercialization of innovative technologies that replace petroleum-based products and reduce greenhouse gas emissions.

Renewable 321