The Utica Shale has a mean of 940 million barrels of unconventional oil resources and a mean of 208 million barrels of unconventional natural gas liquids. USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of onshore lands and offshore state waters. Resources. MORE >>

The California Air Resources Board voted Friday to amend the Low Carbon Fuel Standard ( LCFS ) to streamline procedures and clarify language. The Air Resources Board estimates the Low Carbon Fuel Standard will achieve 15 million metric tons of greenhouse gas reduction by 2020. Earlier post.) Earlier post.). Brief MORE >>

Biomass differs from the other renewable resources, they note, since the energy it contains is stored as chemical bonds. wide gap in the effective H/C ratio between a resource and a target chemical implies that a lengthy process is needed for its conversion. Resources. Vennestrøm et al. Click to enlarge. —Esben Taarning. MORE >>

The new Shell-UT Program on Unconventional Resources will be managed by the university’s Bureau of Economic Geology with participation across the campus, including geoscience, engineering, economics, business, environmental and regulatory affairs. Shell and The University of Texas at Austin signed a five-year agreement to invest $7.5 MORE >>

Western Lithium Canada Corporation and Rocky Mountain Resources Corp. Western Lithium is developing the Kings Valley, Nevada lithium deposit into potentially one of the world’s largest strategic, scalable and reliable sources (based on a National Instrument 43-101 resource estimate) of high quality lithium carbonate. per share. MORE >>