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Startup New Oil Resources commercializing hydrothermal process for conversion of biomass to gasoline-range hydrocarbons

Green Car Congress

The basic New Oil process. Louisiana-based startup New Oil Resources (NOR) is commercializing a near-critical (i.e., New Oil Resources licensed the technology (US Patent 6,180,845 ) in 2009 from Louisiana State University (LSU); the original developers of the process are Drs. Click to enlarge.

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Chevron Sanctions Development of Deepwater Jack/St. Malo Project in the Gulf of Mexico; Initial Development Cost of ~$7.5B

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Malo fields are located within 25 miles (40 km) of each other approximately 280 miles (450 km) south of New Orleans, Louisiana, in water depths of 7,000 feet (2,100 m). By comparison, the water depth of BP’s MC252 well (of the Deepwater Horizon disaster) was approximately 5,023 feet (1,522 meters). Click to enlarge.

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Chevron sanctions $4B Big Foot Project in the deepwater Gulf of Mexico

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Big Foot will be Chevron’s sixth operated facility in the deepwater Gulf of Mexico and located approximately 225 miles (360 km) south of New Orleans, Louisiana, in water depths of 5,200 feet (1,600 m). First oil is anticipated in 2014. Chevron, through its subsidiary Chevron USA Inc.,

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Chevron, BP and ConocoPhillips partner to explore 24 leases in Paleogene trend in deepwater Gulf of Mexico

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Malo oil production platform in the Paleogene/Lower Tertiary on time and on budget. BP discovered Tiber in 2009 and Gila in 2013, and in October 2014 participated as a co-owner in the Chevron-operated Guadalupe discovery. Malo project. – Gila. – – Gibson. – – Guadalupe. – – 15%.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

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Perspective: The UN Approval Process for Carbon Offsets

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According to a report by the UN’s Intergovernmental Panel on Climate Change, the margin of error in measuring emissions by DOEs can be as high as: 10% for the cement and fertilizer industries; 60% for the oil, gas, and coal industries; and. United Nations Climate Change Conference Copenhagen 2009. Donovan (20 December 2009).

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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Environmentalists and industries resurrected the idea in recent years as a centerpiece of measures to address global warming and growing oil imports. RGGI took effect and began regulating CO 2 emissions on January 1, 2009. In May 2009, the Advisory Group released their draft final design recommendations. Representatives Henry A.

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