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White House: OPEC+ oil production increases “simply not enough”

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On Wednesday, US National Security Advisor Jake Sullivan issued a statement calling on OPEC+ to increase oil production: While OPEC+ recently agreed to production increases, these increases will not fully offset previous production cuts that OPEC+ imposed during the pandemic until well into 2022.

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Calumet’s Montana Renewables became the largest SAF producer in North America in Q2

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Calumet Specialty Products Partners, L.P. reported that ramp-up of unit operations was completed during the second quarter, making its Montana Renewables subsidiary the largest producer of sustainable aviation fuel (SAF) in North America (approximately 30 million gallons per year).

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EIA: Permian region expected to drive US crude oil production growth through 2019

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The US Energy Information Administration (EIA) August Short-Term Energy Outlook (STEO) forecasts that US crude oil production will average 10.7 This national increase is almost entirely driven by tight oil. EIA expects Permian regional production to average 3.3 million b/d of GOM production in 2019. million b/d.

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EIA forecasts Bakken oil production will top 1M barrels per day next month; >10% of US oil production

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The latest monthly update of estimated crude oil production in the Bakken region of North Dakota and Montana shows total wellhead output topping 1 million barrels of oil per day (bbl/d) next month. The update appears in the most recent issue of the US Energy Information Administration’s Drilling Productivity Report (DPR).

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Farmer-owned cooperative CHS investing $406M in Montana refinery to boost diesel production

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Included in the $406-million investment are: A new hydrogen plant and crude unit modifications that will increase crude oil throughput and increase diesel production. Hyrocracker modifications that will increase diesel production, reduce production interruptions, and allow the refinery to process additional crudes.

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EIA: new drilling technology revitalizes Powder River Basin oil production

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The coal-rich Powder River Basin is also experiencing a turnaround in oil production, according to the US Energy Information Administration (EIA). Production has rebounded from a low of 38,000 barrels per day (bbl/d) in 2009 to 78,000 bbl/d during first-quarter 2014. Click to enlarge.

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34 states produced a total of 1.9 billion gallons of biodiesel in 2018

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billion gallons of biodiesel was produced in the United States in 2018 with production in 34 states, according to data from the US Energy Information Administration (EIA). Biodiesel has similar fuel properties to petroleum diesel but is manufactured from vegetable oils, animal fats, or recycled restaurant grease. A total of 1.9

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