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Nacero selects Topsoe’s TIGAS technology for gas-to-gasoline unit; reducing lifecycle carbon footprint up to 50%

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Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades. The captured CO 2 will be used for enhanced oil recovery.

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Itochu joins with KKR to buy US oil and gas firm Samson; eyeing exporting shale LNG to Japan by 2015

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has partnered with KKR to buy most of privately-owned US oil and gas firm Samson Investment Co. aiming to start exporting liquefied natural gas to Japan as early as 2015. The company will initially sell shale gas in North America with an eye toward eventually exporting it to Japan and other parts of Asia.

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Argonne analysis shows greenhouse gas emissions similar for shale, conventional oil

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Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.

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EIA: US Permian Basin oil production and resource assessments continue to increase

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Crude oil production in the US Permian Basin is expected to increase to an estimated 2.4 Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as domestic crude oil prices fell. billion barrels of hydrocarbon gas liquids. million b/d) in that month.

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EPA updates VOCs standards for oil and gas storage tanks

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The US Environmental Protection Agency (EPA) issued final updates to its 2012 volatile organic compounds (VOCs) performance standards for storage tanks used in crude oil and natural gas production and transmission. In addition, the rule streamlines compliance and monitoring requirements for tanks that have already installed controls.

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Greyrock to build small-scale gas-to-liquids plant near Houston

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Greyrock Energy, a company transforming natural gas into premium transportation fuels ( earlier post ), announced a final investment decision (FID) to build a small-scale Gas-to-Liquids (GTL) facility near Houston, Texas. The plant will be commercially operational by the end of 2015. Bolin, Chairman, Eagle Oil & Gas.

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California oil producer applies for LCFS credits for producing crude oil using solar-generated power

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Under California’s Low Carbon Fuel Standard (LCFS), crude oil producers may generate credits for oil that has been produced using innovative methods and delivered to California refineries for processing. Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity.

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