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New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

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Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.

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Gold Hydrogen Program coalition launches program for subsurface biomanufacturing of hydrogen

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The Gold Hydrogen Program , a coalition of organizations seeking to support the scale of this clean energy resource, announced its launch and the debut of a pilot microbial Gold Hydrogen Process. Found naturally deep in the Earth, “gold hydrogen” is a resource that is produced biologically and in the subsurface.

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Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

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Cemvita defines Gold Hydrogen as the biological production of hydrogen in the subsurface through the consumption of trapped or abandoned resources. Cemvita scientists increased microbe performance by six and a half times the rate needed to produce hydrogen at $1/kg, a key milestone necessary to advance the program toward commercialization.

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EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

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The US Energy Information Administration (EIA) continues to expand its assessment of technically recoverable shale oil and shale natural gas resources around the world. Each of the countries has an existing oil and natural gas industry with infrastructure connecting the basins to global markets. Bcf/d from 2005 to 2014.

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Viridos raises $25M in Series A for algae-based jet and diesel fuel

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The funding will be used for R&D to further increase algae oil productivity to reach commercially deployable levels. Globally, diesel and jet fuel account for more than one-third of the liquid fossil fuel used. SAF and RD made from Viridos algae oil are expected to have a 70% reduced carbon footprint.

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NTU scientists discover sustainable way to increase seed oil yield in crops up to 15%

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Nanyang Technological University, Singapore (NTU Singapore) scientists have developed a sustainable way to demonstrate a new genetic modification that can increase the yield of natural oil in seeds by up to 15% in laboratory conditions. This results in larger oil reserves in the seed that primarily serves as an energy source for germination.

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Jumbo and Goodfuels partner to test drop-in Bio-Fuel Oil on offshore decommissioning project

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Leading global heavy lift shipping and offshore transportation and installation contractor Jumbo, and commercial, sustainable marine biofuel company GoodFuels, are partnering to test Goodfuels’ marine Bio-Fuel Oil on an offshore decommissioning project.

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