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REG plans to boost Geismar renewable diesel production to 340M gallons per year

Green Car Congress

plans to undertake a capacity expansion of its Geismar, Louisiana biorefinery by 250 million gallons annually to 340 million gallons per year. The state of Louisiana and Ascension Parish have been great partners who encouraged us every step along the way as we developed our expansion plan. Renewable Energy Group, Inc.

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

Green Car Congress

The SPR is a US Government complex of four sites with deep underground storage caverns created in salt domes along the Texas and Louisiana Gulf Coasts. Test sales are relatively rare: the most recent test sale occurred in 2014. The newly authorized drawdown will come from all four storage sites.

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Neste Oil and Renewable Energy Group enter into NExBTL license agreement

Green Car Congress

REG became the owner of the former Dynamic Fuels facility in Geismar, Louisiana in June, 2014. The two said that the settlement reflects their conclusion that continued pursuit of the US and Singapore patent infringement lawsuits was counterproductive.

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Chevron announces “significant” oil discovery in deepwater Gulf of Mexico

Green Car Congress

The well, which was spudded in August 2014, is located approximately 140 miles (225 km) off the coast of Louisiana in 5,183 feet (1,580 m) of water and was drilled to a depth of 33,749 feet (10,287 m). Anchor is located approximately 140 miles (225 km) off the coast of Louisiana. The Green Canyon Block 807 Well No.

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Shell’s Cardamom development starts production; second major 2014 start-up in deep-water Gulf of Mexico

Green Car Congress

The Cardamom field is 225 miles (362 kilometres) south-west of New Orleans, Louisiana, in water more than 2,700 feet (820 meters) deep. The Cardamom reservoir sits beneath thick layers of salt in rock more than four miles (6.4 kilometers) below the sea floor and went undetected by conventional seismic surveys.

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Researchers predict average Gulf of Mexico hypoxic “dead zone” slightly above-average in Chesapeake Bay

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The confirmed size of the 2014 Gulf hypoxic zone will be released in late July or early August, following a mid­-July monitoring survey led by the Louisiana Universities Marine Consortium. Aspects of weather, including wind speed, wind direction, precipitation and temperature, also affect the size of dead zones.

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Obama Administration to offer 40 million acres in the Gulf of Mexico for oil and gas development

Green Car Congress

Lease Sale 231 in the Central Planning Area and Lease Sale 225 in the Eastern Planning Area will be held consecutively in New Orleans, Louisiana, on 19 March 2014. The area is south of eastern Alabama and western Florida; the nearest point of land is 125 miles northwest in Louisiana. billion in high bids.

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