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California oil producer applies for LCFS credits for producing crude oil using solar-generated power

Green Car Congress

Under California’s Low Carbon Fuel Standard (LCFS), crude oil producers may generate credits for oil that has been produced using innovative methods and delivered to California refineries for processing. Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity.

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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.

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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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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

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Exxon Mobil Corporation is acquiring XTO Energy Inc. The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. in an all-stock transaction valued at $41 billion.

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USDA providing $9.6M to create 9,000 acres of BCAP project areas for non-food energy crop production

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The announcement provides the opportunity to expand the use of non-food, energy crops for liquid biofuels and to help meet state mandated Renewal Portfolio Standards (RPS). This Arkansas BCAP project area is sponsored by MFA Oil Biomass LLC, in Columbia, Mo. USDA’s Farm Service Agency (FSA) administers BCAP.

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USDA establishes four additional Biomass Crop Assistance Program project areas

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The US Department of Agriculture (USDA) has established four additional Biomass Crop Assistance Program ( BCAP ) project areas to promote the cultivation of crops that can be processed into renewable energy. A project area must have specific boundaries that are approved by the Secretary of Agriculture.

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

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The US Department of Energy (DOE) has selected 12 projects for the first round of funding from $1.4 Energy Secretary Steven Chu wrote an editorial for the 25 September 2009 special issue of the journal Science on carbon capture, in which he addressed the magnitude of the challenge. Archer Daniels Midland Corporation.

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