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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

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The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). in the commercial sector. and by 1.5%

Oil 344
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The $32-Trillion Push To Disrupt The Entire Oil Industry

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Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

Oil 231
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Gold Hydrogen Program coalition launches program for subsurface biomanufacturing of hydrogen

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A joint industry partnership to commercialize clean, gold hydrogen, the program’s founding members include synthetic biology company Cemvita Factory (innovator in low-carbon microbial solutions for energy and mining resource extraction, production, and renewal); and Chart Industries, Inc. (a a leader in clean energy solutions).

Hydrogen 458
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ARPA-E announces $35M for technologies to reduce methane emissions

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ARPA-E announced up to $35 million for a new program focused on developing technologies to reduce methane emissions in the oil, gas, and coal industries: “Reducing Emissions of Methane Every Day of the Year” ( REMEDY ) ( DE-FOA-0002504 ). Coal mine ventilation air methane (VAM) exhausted from operating underground mines.

Emissions 186
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Wison Engineering signs new engineering contract for Erdos Jinchengtai coal-to-methanol project; commercializing methanol-to-olefins

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an indirect non-wholly owned subsidiary of the Group, has been awarded a contract for the engineering of Erdos Jinchengtai coal-to-methanol Project (Phase II) for Erdos Jinchengtai Chemical Co., for the second time at the Jinchengtai coal-methanol project, marking a milestone for Erdos Jinchengtai Chemical Co.,

Coal 186
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OriginOil lands first order for industrial-scale algae oil extraction system; Bio-CCS

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has received the first commercial order to deploy its algae oil extraction system in an industrial setting. MBD Energy (MBD) recently committed to purchase an initial OriginOil extraction unit for piloting at one of Australia’s three largest coal-fired power plants. OriginOil, Inc. Earlier post.)

Oil 236
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DKRW Advanced Fuels secures EPC contract with Sinopec Engineering for Medicine Bow coal-to-liquids project in Wyoming

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Using bituminous coal from southern Wyoming, the Medicine Bow facility will produce 11,600 barrels per day of very low sulfur gasoline using GE gasification technology and methanol?to?gasoline enhanced oil recovery in the United States, has agreed to purchase all of the carbon dioxide captured by the plant. gasoline (MTG) technologies.

Wyoming 236