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EIA: rising North Dakota oil production and demand spurs two new small refineries

Green Car Congress

One of two new small (20,000 bbl/d each) refineries being built in North Dakota broke ground this week, the US Energy Information Administration (EIA) noted in a brief. The Dakota Prairie facility is scheduled to be built in 20 months. North Dakota currently has one refinery, the Tesoro Mandan refinery located near Bismarck.

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NDPC study finds Bakken crude similar to other light sweet crudes, no greater rail transport risk

Green Car Congress

Bakken crude is similar to other North American light, sweet crudes and does not pose a greater risk to transport by rail than other transportation fuels, according to a study recently completed by Turner, Mason & Company for the North Dakota Petroleum Council (NDPC).

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DOE awards $18M to 5 projects to accelerate development of plug-in electric vehicles & use of other alternative fuels

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Blue Bird Body Company will receive $4.9 Gas Technology Institute will receive $4.9 Odyne Systems, LLC will receive $2.9 million to develop and demonstrate plug-in hybrid work trucks (class 7) that reduce fuel consumption by more than 50% and eliminate fuel consumption during stationary operations. Odyne Systems, LLC will receive $2.9

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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

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United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. Values of US upstream M&A oil and gas M&A deals, 2006-2011. —Ronyld W. Wise, President of PLS.

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DOE awarding $6.5M to 9 large-scale Phase I pilot coal projects

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Babcock & Wilcox Company. Feasibility Study for 10 Megawatt-Electric (MWe) Coal Direct Chemical Looping Large Pilot Plant Demonstration at the Dover Light & Power Plant in Dover, OH Babcock & Wilcox will complete a feasibility study of a coal-direct chemical looping large pilot plant for a specific utility site. Phase I projects.

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$67 Oil Has All The Majors Converging in Argentina

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Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Prices for light oil are set at $67 per barrel and natural gas prices fixed at $7.50 Galuccio said that the profit from YPF’s shale oil and gas production was “marginal.”

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DOE Selects 8 Projects to Advance Technologies for the Co-Production of Power and Hydrogen, Fuels or Chemicals from Coal-Biomass Feedstocks

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The US Department of Energy (DOE) has selected 8 research projects for funding that will focus on gasification of coal/biomass to produce synthetic gas (syngas) as a pathway to producing power, hydrogen, fuel or chemicals. and the University of North Dakota Energy and Environment Research Center in Grand Forks, N.D.,

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