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BP to acquire unconventional US onshore assets from BHP for $10.5B; transforming US onshore oil & gas business

Green Car Congress

BP has agreed to acquire a portfolio of world-class unconventional oil and gas assets from BHP. The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana. billion boe.

Oil 150
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API reports record US petroleum production in April: 10.543 million b/d; strongest April demand since 2007

Green Car Congress

April saw the US produce a record 10,543,000 barrels per day (MBD) of oil, according to data from the American Petroleum Institute. Total petroleum products delivered to the domestic market in April 2018 were 20,308,000 b/d—a seasonal decrease of 1.5% Domestic WTI crude oil prices averaged $66.25 from March but 3.8%

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Diamond Green Diesel considering expansion to 550M gallons annual production of renewable diesel

Green Car Congress

The Diamond Green Diesel facility converts inedible oils and other waste feedstocks to produce Honeywell Green Diesel, a high-quality renewable fuel. This project is targeted for completion in the second quarter of 2018. Valero Energy Corporation and Darling Ingredients Inc. Earlier post.).

Diesel 150
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Total to acquire Engie’s upstream LNG business, becoming 2nd largest global LNG player

Green Car Congress

Additional payments of up to $550 million could be payable by Total in case of an improvement in the oil markets in the coming years. The transaction is expected to close by mid-2018 and will have an effective date of 1 January 2018. This transaction will bring to Total: 2.5

Global 150
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America’s lithium laws fail to keep pace with rapid development – ET Auto

Baua Electric

Across Texas, Louisiana and other mineral-rich states, it’s unclear who owns the millions of metric tons of lithium locked in salty brines underneath U.S. The Louisiana Department of Energy and Natural Resources told Reuters it does not have existing statutes related to lithium.

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EAA National Board nominations from across North America

Electric Auto Association

He recognizes the diminishing power of the oil and gas industry, and embraces the imminent future of electrically powered transportation. He worked for SolarCity and Tesla between 2015 and 2018 and now for Solar Smart Living (since 2018). His Texas roots honed his arguments supporting EV industry expansion.

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EAA National Board nominations from across North America

Electric Auto Association

He recognizes the diminishing power of the oil and gas industry, and embraces the imminent future of electrically powered transportation. He worked for SolarCity and Tesla between 2015 and 2018 and now for Solar Smart Living (since 2018). His Texas roots honed his arguments supporting EV industry expansion.