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California adds more regulation for oil and gas industry; water quality and spill response

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AB 1328 gives California water agencies access to information on potentially hazardous chemicals used in oil and gas operations. AB 1197 will ensure their spill management teams are adequately trained and prepared in the event of an oil spill. Both bills will become law on 1 January 2018.

Water 186
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Eni and RenOils to boost collection of used cooking oil for biofuel production

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Eni and RenOils, the Italian national vegetable and animal oils and fats Consortium established in 2016 to ensure the correct management of the collection, transport, storage, processing and reuse of vegetable oils and animal fats, are promoting the recovery of used cooking oils (UCO) for biofuel production.

Oil 247
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When Will Russia Run Out Of Oil?

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On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016.

Russia 150
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SDTC awards Nsolv $13M to commercialize warm solvent technology for heavy oil extraction; 80% reduction in GHG emissions

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Sustainable Development Technology Canada (SDTC) is awarding Nsolv $13 million in grant funding to commercialize its field-tested, proprietary warm solvent technology for in situ heavy oil extraction without the use of steam. Naturally occurring water and non-condensable gases are also carried along and out of the reservoir.

Oil 150
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BP approves revamped $9B Mad Dog Phase 2 project in the deepwater Gulf of Mexico; down from original $20B cost

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BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. Oil production is expected to begin in late 2021. In 2013, BP (operator, with 60.5% —Bob Dudley, BP Group Chief Executive. Earlier post.).

Mexico 150
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Etihad Airways flies first flight using fuel made in the UAE from plants grown in saltwater

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This is a synergistic industrial platform that supports the aviation sector, the oil and gas industry, food production and the creation of a new agricultural alternative in the UAE. Sustainable fuel for the flight was derived from oil in Salicornia plants, which were grown on the two-hectare SEAS farm in Masdar City.

UAE 218
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Researchers determine specific rates of biodegradation for 125 petroleum compounds in Deepwater Horizon spill

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The oil discharged into the Gulf of Mexico following the explosion and sinking of the Deepwater Horizon (DWH) rig in 2010 contaminated more than 1,000 square miles of seafloor. The complexity of the event has made it difficult for scientists to determine the long-term fate of oil in this ocean environment.

Oil 150