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Louisiana Governor and Air Products announce US$4.5B blue hydrogen clean energy complex in Eastern Louisiana

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Louisiana Governor John Bel Edwards and Air Products Chairman, President, and CEO Seifi Ghasemi announced a $4.5-billion billion clean energy complex to be built in Louisiana that will make the state a leader in the US clean energy transition. It represents Air Products’ largest investment in the US.

Louisiana 391
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Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

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In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil. President George W.

Oil 418
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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). Production of existing reserves. Thorough appraisals of existing fields. per barrel in 2021.

Oil 259
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Grön Fuels selects Haldor Topsoe technologies for multi-billion-dollar renewable fuels complex in Louisiana

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The integration of the fully proven H2bridge hydrogen technology with the HydroFlex technology enables Grön Fuels to produce renewable bio-hydrogen equivalent to the production of a 1,000 MW hydrolyzer plant at a fraction of the cost.

Renewable 397
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PBF considering $550M investment to convert idled refinery unit to renewable diesel production

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Louisiana Governor John Bel Edwards and PBF Chalmette Refinery Manager Steven Krynski announced that the company is studying the possible conversion of an idled refinery unit into a renewable diesel production complex. and is capable of processing both light and heavy crude oil. Bernard Parish consider the project.

Renewable 186
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SAF company DG Fuels closes investments with two Japanese companies

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billion, 180 million gallon per year SAF facility in Louisiana to occur in early 2024. The Louisiana SAF facility will be the template for multiple other such facilities to be built across North America, Europe and Asia. The relatively modest balance of the maximum $30-million capital raise is expected to fund in the next few months.

Companies 370
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MOL makes strategic investment in Ascension Clean Energy; hydrogen-ammonia production facility

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billion, clean hydrogen-ammonia production and export facility in Ascension Parish, Louisiana. a carbon solutions provider with more than two decades of successfully managing carbon dioxide (CO 2 ), and Hafnia, one of the world’s leading oil product tanker owners and operators. Earlier post.) Expected to produce 7.2

Clean 150