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Marathon to serve as anchor shipper for Bakken Sandpiper Project pipeline

Green Car Congress

Marathon Petroleum Corporation and Enbridge Energy Partners, L.P. of the construction of the Sandpiper Project, which will become part of Enbridge Energy Partners’ North Dakota System when it is completed. Sandpiper is targeted to be operational in early 2016. Sandpiper is targeted to be operational in early 2016.

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Marathon acquires additional Eagle Ford Shale assets for $3.5B

Green Car Congress

Marathon Oil Corporation has reached a definitive agreement with Hilcorp Resources Holdings, LP to purchase its assets in the core of the Eagle Ford shale formation in Texas in a transaction valued at $3.5 Production expected to increase to approximately 80,000 net boe per day by 2016. —Clarence P. Cazalot Jr.,

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Drilling activity has continued to grow, but high costs and infrastructure constraints have prevented production levels from rocketing skywards as they did in places like Texas or North Dakota. YPF will trim another 25 percent from its budget for 2016. He expects that costs will decline to $10 million per well in 2016.

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Accelergy Begins Production of Synthetic Jet Fuel from Coal and Biomass; USAF to Evaluate for 100% Synthetic Fuel Use

Green Car Congress

Accelergy Corporation has begun production of a synthetic fuel from coal and biomass, to be evaluated by the United States Air Force (USAF) as the industry benchmark for 100% synthetic jet fuel. Production from this facility will commence in the 3 rd quarter of this year.

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