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ExxonMobil to acquire CCS solutions company Denbury for $4.9B

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—Dan Ammann, President, ExxonMobil Low Carbon Solutions In addition to Denbury’s carbon capture and storage assets, the acquisition includes Gulf Coast and Rocky Mountain oil and natural gas operations.

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Arbor Renewable Gas evaluating West Baton Rouge for $800M renewable gasoline and green hydrogen plant

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Operating as Magnolia Renewable Fuels LLC, the new facility would produce renewable gasoline from wood waste biomass sourced from Louisiana and Mississippi timber operations. The company estimates development of the facility would generate up to 880 construction jobs at peak construction. —Arbor Gas CEO Timothy Vail.

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Sinopec purchasing 50% of Chesapeake Energy leasehold in Mississippi Lime unconventional play for $1.02B

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Chesapeake Energy Corporation and Sinopec International Petroleum Exploration and Production Corporation (Sinopec) executed an agreement which provides for Sinopec to purchase a 50% undivided interest in 850,000 of Chesapeake’s net oil and natural gas leasehold acres in the Mississippi Lime play in northern Oklahoma (425,000 acres net to Sinopec).

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Velocys receives FONSI from USDA for planned Mississippi biorefinery; wood waste to drop-in fuels

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Velocys plc announced that the US Department of Agriculture (USDA) has issued a Finding of No Significant Impact (FONSI) on the environmental assessment report for Velocys’ planned Bayou Fuels biorefinery in Natchez, Mississippi. Velocys technology is in use at ENVIA, the world’s first commercial smaller scale gas-to-liquids plant.

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Chevron / Toyota road trip demonstrates renewable gasoline blend

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The road trip will run from Mississippi through Louisiana before concluding in Texas. The company produces and markets biodiesel, renewable diesel, and renewable natural gas, and is currently building hydrogen fueling infrastructure in California.

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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. The company leverages its advanced pretreatment technology to deliver clean, high-quality RD and SAF feedstocks, which enable partners to produce premium renewable fuels.

Renewable 199
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CenterPoint adding natural gas vehicles to fleet, more fueling stations

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CenterPoint Energy, a US energy delivery company, is adding 35 natural gas vehicles to its fleet across Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. A number of retail gasoline stations have also begun exploring plans to add natural gas pumps to their locations.

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