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EIA: proved reserves of US natural gas established a new record; oil reserves increased by 16% at the end of 2021

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In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). Changes in prices and costs. Thorough appraisals of existing fields. per barrel in 2021.

Oil 259
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Shell selects site for proposed $12.5B GTL project in Louisiana

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Shell has selected Ascension Parish in Louisiana as the location for a potential natural gas-to-liquids (GTL) facility. The Louisiana Department of Transportation and Development will begin moving forward this year with projects that benefit the industry and those who travel throughout St. James and Ascension parishes.

Louisiana 255
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$1.3B methanol plant slated for South Louisiana

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Louisiana Governor Bobby Jindal, South Louisiana Methanol (SLM) CEO Barry Williamson and Todd Corp. Group CEO Jon Young announced that South Louisiana Methanol LP will invest $1.3 The South Louisiana Methanol site will be the largest of its kind in North America. James Parish. ZEEP) and New Zealand-based Todd Corp.

Louisiana 231
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SAF company DG Fuels closes investments with two Japanese companies

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billion, 180 million gallon per year SAF facility in Louisiana to occur in early 2024. The Louisiana SAF facility will be the template for multiple other such facilities to be built across North America, Europe and Asia. DGF replaces the coal gasification used by others with biomass gasification and natural gas reforming.

Companies 370
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Jupiter Tech licenses FT catalyst technologies from Louisiana Tech

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Louisiana-based Jupiter Fuels, a new sister development company of ASI, has licensed nano-engineered Fischer-Tropsch catalyst technologies from Louisiana Tech University. Lower capital and operating costs allow companies to take the development risks and exploit US natural gas reserves for liquid-fuel production.

Louisiana 186
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Arbor Renewable Gas chooses Topsoe’s TIGAS technology for renewable gasoline plant

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Arbor Renewable Gas, LLC (Arbor Gas) will use Topsoe’s TIGAS technology for producing renewable gasoline at a new facility in the Gulf Coast region. TIGAS (Topsoe Improved Gasoline Synthesis) makes it possible to produce high-quality, high-value gasoline from natural gas, shale gas, or associated gas.

Renewable 186
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Juniper GTL to invest $100M to retrofit plant to new small-scale GTL facility in Louisiana

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Louisiana Governor Bobby Jindal and Juniper GTL LLC President Vianney Valès announced the company will invest $100 million to renovate a dormant steam methane reformer in the Westlake, Louisiana area and convert it to a natural gas-to-liquids (GTL) facility, producing waxes, drilling fluids, diesel and naphtha.

Louisiana 230