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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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Williston Basin (Montana, North Dakota and South Dakota): University of North Dakota plans to lead a coalition to drive the expansion and transformation of coal and coal-based resource usage within the Williston Basin to extract rare earth elements and critical minerals and produce non-fuel carbon-based products.

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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. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. by Nick Cunningham of Oilprice.com.

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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. We expect continued strong activity in oil and liquids-rich resource plays in 2012.

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Diversified Energy Hits Gasifier Development Milestones in DOE-Sponsored Program

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Diversified Energy Corporation has successfully completed several key milestones in an advanced gasification development program being sponsored by the US Department of Energy (DOE) National Energy Technology Laboratory (NETL). Earlier post.). Earlier post.)

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Texas Clean Energy Project signs long-term CO2 offtake agreement with Whiting Petroleum for enhanced oil recovery; 90% CO2 capture from IGCC coal polygen plant

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Summit Power Group, LLC and Blue Strategies, LLC have signed a 15-year CO 2 offtake agreement with Whiting Petroleum Corporation for some of the CO 2 that will be captured by Summit’s Texas Clean Energy Project ( TCEP ), a coal gasification with carbon capture polygen project being developed in Penwell, Texas, outside Odessa. Earlier post.).

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Accelergy Begins Production of Synthetic Jet Fuel from Coal and Biomass; USAF to Evaluate for 100% Synthetic Fuel Use

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Accelergy Corporation has begun production of a synthetic fuel from coal and biomass, to be evaluated by the United States Air Force (USAF) as the industry benchmark for 100% synthetic jet fuel. Camelina oil. Production from this facility will commence in the 3 rd quarter of this year. Groenewold, Director of the EERC.

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. Many of these R&D efforts can be applied across both the energy and the industrial sectors. AOI 1 (Subtopic 1.1): CO 2 Capture and Compression from Industrial Sources.

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