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DOE awards $165M GEODE grant to consortium to accelerate development of geothermal by leveraging oil and gas industry

Green Car Congress

The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

Oil 170
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Study finds air pollution and GHG costs of crude-by-rail nearly 2x pipeline costs; much larger than spill and accidents costs

Green Car Congress

Researchers from Carnegie Mellon University and the University of Pittsburgh have found that the air pollution and greenhouse gas costs of shipping crude by rail are nearly twice as large as those for oil pipelines. Movements of petroleum products, particularly crude oil, have received enormous media attention. Clay et al.

Pollution 230
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Oil Well Strippers Suffering From Low Oil Prices

Green Car Congress

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. A stripper is a small operator of very old oil wells that frequently produce less than five barrels per day of oil.

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Convert Oil Wells to Solve the Solar Storage Problem

Cars That Think

A possible answer, though, might lie in oil wells. The California-based Hyperlight Energy will be piloting an installation where they plan to use existing oil wells as solar thermal wellsprings, with the stored energy being converted back to clean electricity when required. But we can still reduce the carbon [cost] of that oil.”

Oil 121
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IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

Green Car Congress

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

Oil 199
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WSU researcher creates cooking-oil based bio-asphalt

Green Car Congress

Building roads is a big investment in taxpayer money. In general, a one-mile road in a rural area costs at least a million dollars to build. With the waste cooking oil technology, we can reduce the cost of asphalt binder to under $200 per ton, making road building much cheaper. —Haifang Wen.

Oil 255
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Oleo-X launches merchant pretreatment facility for renewable diesel and sustainable aviation fuel feedstocks

Green Car Congress

The purity of the feed reduces the revamp cost of converting existing conventional refining units to process renewable feedstock, while also lowering carbon intensity. Oleo-X can process low-carbon, inedible oils—including poultry fat—without blending in high-quality oils taken from the food industry.

Renewable 199