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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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Neste Oil de-emphasizing microbial oil R&D for renewable diesel; seeking other uses for cellulosic biomass

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Despite the decision to de-emphasize microbial oil, Neste Oil emphasized that cellulosic waste will continue to play an important role in its research strategy, adding that it remains committed to its goal of further extending its feedstock base and making greater use of waste and residues in this area in particular.

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Neste Oil implementing Headwaters HCAT heavy oil upgrading technology at Porvoo Refinery

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Neste Oil Corporation’s Porvoo Refinery has become the first refinery to commercially implement Headwater’s HCAT heavy oil upgrading technology. Following a lengthy evaluation of the technology, Neste Oil confirmed their intent to utilize the technology on an on-going commercial basis. Earlier post.).

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Efficient one-pot process to convert bio-oil fractions to gasoline-range hydrocarbons

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A team at South China University of Technology has developed a one-pot process to convert the diesel distillate and residual oil fractions in bio-oil into high-quality fuels by catalytic hydrocracking with combined CoMoS/Al 2 O 3 and HZSM-5 catalysts. of liquid products from the catalytic conversion of the medium and heavy fractions.

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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

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Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Less active oil majors in this space include ExxonMobil and ConocoPhillips.

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Petrobras ready to launch renewable diesel production upon regulatory approval

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Anelise Lara, the head of Petrobras’ refining, announced that the company is ready to begin production of renewable diesel from soy or other edible oils at commercial scale. Petrobras has a technology patented since 2006 for the co-processing of vegetable oils using the process called HBIO ( Earlier post.)

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EIA: planned capacity additions to US crude oil pipeline infrastructure should relieve Cushing bottleneck

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According to an analysis by the US Energy Information Administration (EIA), planned additions over the next two years to the US crude oil pipeline infrastructure should relieve the bottleneck at Cushing, Oklahoma which has been caused by the oversupply of oil resulting from the growth of crude oil production in the US mid-continent and Canada.

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