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

Green Car Congress

Beaudreau announced that Interior will offer more than 40 million acres for oil and gas exploration and development in the Gulf of Mexico in March lease sales. 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.

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DOI: latest Gulf of Mexico oil & gas lease sales garner $872M in high bids

Green Car Congress

Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. million acres on the US Outer Continental Shelf (OCS) offshore Louisiana, Mississippi and Alabama.

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Clean Energy Capital to develop first commercial-scale sugarcane ethanol plant in US

Green Car Congress

The business model locks in prices with long-term contracts for the sale of the ethanol to a major international oil company and the purchase of the sugarcane from local farmers. This will provide greater stability in profit margins, according to Clean Energy.

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NSF announces $55M toward national research priorities; intersection of food, energy and water systems

Green Car Congress

The National Science Foundation (NSF) has made 11 awards totaling $55 million aimed at building research capacity to develop new innovations at the intersection of food, energy and water systems and to address fundamental questions about the brain. Improving Water Management, Treatment and Recovery in Oil and Gas Production.

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Denbury Undertakes Midwest CO2 Pipeline Feasibility Study

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has initiated a comprehensive feasibility study of a possible long-term CO 2 pipeline project which would connect proposed gasification plants in the Midwest to Denbury’s existing CO 2 pipeline infrastructure in Mississippi or Louisiana. Denbury Resources Inc. billion, based on the cost of other pipelines recently built or under construction.

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USDA Report Provides Regional Roadmap To Meeting the Biofuels Goals of the Renewable Fuels Standard by 2022; Southeast to Provide ~50% of Advanced Biofuels

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Assuming an average biorefinery size of 40 million gallons per year, USDA estimates it meeting the RFS2 advanced biofuels goals will mean building of 527 biorefineries, at a cost of $168 billion. Alabama, Arkansas, Florida, Georgia, Hawaii, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas.

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Oil and gas lease sale in Central Gulf of Mexico draws more than $1.7B in high bids for more than 2.4M acres; Shell, Statoil, BP top high bidders

Green Car Congress

Secretary of the Interior Ken Salazar announced that the Central Gulf of Mexico oil and gas lease sale attracted $1,704,500,995 in high bids for tracts on the US outer continental shelf offshore Louisiana, Mississippi and Alabama. billion barrels of oil and 3.3 trillion cubic feet of natural gas.

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