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

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Located in Pascagoula, Mississippi, Oleo-X’s facility has the potential capacity to produce up to 300 million gallons per year of premium feedstock. Oleo-X can process low-carbon, inedible oils—including poultry fat—without blending in high-quality oils taken from the food industry.

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

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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. billion in bid revenues.

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National Academies’ Gulf Research Program awards $10.8M to address systemic risk in offshore oil and gas operations

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million to six new projects to develop new technologies, processes, or procedures that could result in improved understanding and management of systemic risk in offshore oil and gas operations. Uncontrolled riser gas build-up and release was a major component of the Deepwater Horizon disaster. University of Mississippi.

Oil 150
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US DOE awards KiOR loan guarantee supporting a more than $1B biofuels project; drop-in fuels from wood biomass

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a developer of a catalytic pyrolysis process to produce renewable oil from biomass, has received a term sheet for a loan guarantee from the US Department of Energy’s Loan Guarantee Program supporting a more than $1-billion biofuels project. KiOR, Inc., Earlier post.) Khosla Ventures incubated the company in 2007 and is the lead investor.

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

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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. University of Southern Mississippi. Jason Azoulay.

Water 150
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Shell to build LNG units in Gulf Coast and Great Lakes regions; two additional LNG for transport corridors in North America

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Shell and its affiliates will build two additional small-scale natural gas liquefaction units to provide liquefied natural gas (LNG) fuel for marine and heavy-duty on-road customers in North America. A profound shift in the transportation sector sees global demand for oil peaking in about 2035.

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DOE Makes First Awards from $1.4B for Industrial Carbon Capture and Storage Projects

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billion from the American Recovery and Reinvestment Act for the capture carbon dioxide from industrial sources for storage or beneficial use. Steven Chu, Science Large-scale industrial carbon capture and storage selections (by amount of DOE award) include: ConocoPhillips. The first phase of these projects will include $21.6

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