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EIA: proved reserves of US natural gas established a new record; oil reserves increased by 16% at the end of 2021

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In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). In 2021, Texas’s annual crude oil and lease condensate proved reserves increased by 12% (1.9

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EIA: Proved reserves of US natural gas increased 32% during 2021

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trillion cubic feet (Tcf) in 2021, a 32% increase from 2020, according to the US Energy Information Administration’s (EIA’s) recently released Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 report. The wholesale spot price for natural gas at the US benchmark Henry Hub in Louisiana averaged $3.89

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Shell Oil replacing Ryder diesel trucks with with Ryder LNG trucks for operations in Louisiana and Texas

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Shell Oil Company has signed an agreement with Ryder System for 15 liquefied natural gas (LNG) heavy-duty vehicles supporting oil and gas logistics operations in Lafayette, La. facility, which is being engineered to meet the unique compliance requirements for natural gas. and Houston, Texas. service locations.

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Renewable Energy Group collaborates with Iowa State University on hydrotreater pilot plant for renewable diesel

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REG converts waste and byproduct fats and oils into biodiesel and renewable diesel. Research at this new hydrotreater pilot plant will support REG’s Geismar, Louisiana renewable diesel plant by helping to evaluate new low-carbon feedstocks and optimize production of renewable diesel and sustainable aviation fuel (SAF).

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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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High oleic soy-based motor oils receive API certification

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Biosynthetic Technologies , with support from the United Soybean Board (USB), recently received American Petroleum Institute (API) certification on two motor oil formulations (5W-20 and 5W-30) that contain a synthetic ester made from high oleic soybean oil. Petroleum synthetic oils typically score between 6.0

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Chevron / Toyota road trip demonstrates renewable gasoline blend

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Chevron (as well as fellow oil major ExxonMobil) has been developing co-processing—adding biomass-derived feedstocks to the fossil-based feedstocks of existing petroleum refinery process units—as a way to produce fuels with increased renewable content more cost-effectively.

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