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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.

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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. billion in bid revenues.

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Alon USA receives go ahead for Bakersfield, CA rail terminal and refinery project; Bakken light crude

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Current products include gas oil, gasoline, diesel fuel, and petroleum coke. Although the existing refinery has a maximum rated crude processing capacity of 70,000 bpd, due to a 2008 bankruptcy of the prior owner, crude oil refining was temporarily suspended. the routes over which the crude oil will be transported.

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EIA: US refineries running at record levels; gasoline demand; exports up

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Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. The record high gross inputs reflect both higher refinery capacity and higher utilization rates.

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Emerald Biofuels licenses UOP/Eni Ecofining process to produce 85M gallons per year of renewable diesel from biofeedstocks

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UOP LLC, a Honeywell company, signed an agreement to license technology to Emerald Biofuels LLC to produce Honeywell Green Diesel at a facility in Louisiana. In 2008, Honeywell’s UOP partnered with Ensyn Corp. Honeywell Green Diesel is a drop-in replacement for traditional diesel.

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European Biodiesel Production Up 16.6% in 2009

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2008, 54% in 2006 and 65% in 2005); in 2007, the industry growth rate was. slight decrease compared to 2008 due to the reorganization of the sector, EBB said. 50 000 tonnes between March 2008 and March 2009. than soybean and canola oils, signalling its likely US. Direct Oil Use Consequences) i.e. among others the.

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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

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At the high end, that would be enough baseload power to supply about 20% of California's total electric power in 2008—or enough generating capacity to supply the power needs of about 7.2 State # of projects Potential MW. California. Mississippi. New Mexico. Washington. unspecified. and 7,109.9 MW of power to the US geothermal energy output.