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DOE awards $8.4M for accessing geothermal potential from abandoned oil and gas wells

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million to establish new geothermal energy and heat production from abandoned oil and gas wells. This work also supports the creation of new clean energy jobs, helping transition some of the oil and gas workforce to the production of renewable energy. University of Oklahoma (Norman, OK). ICE Thermal Harvesting (Houston, TX).

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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. New and improved techniques and technologies. per barrel in 2021.

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Oklahoma approves rebate program for vehicle CNG conversions, purchases and home fueling stations

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The Oklahoma Corporation Commission (OCC) approved a rebate program that enables Oklahomans to receive rebates for the purchase of a. While the rebate program will be offered through Oklahoma Natural Gas (ONG), all Oklahomans are eligible for the rebates.

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Enterprise and Enbridge to proceed with Seaway and Flanagan South oil pipeline extensions; enhanced capacity for Canadian and Bakken crude to Gulf Coast

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The expansion of the reversed Seaway Pipeline will more than double its capacity to 850,000 barrels per day (bpd) by mid-2014 and transport oil originating in the Canadian oil sands and the US Bakken shale from Cushing, Oklahoma to the US Gulf Coast at Houston, with an extension to Port Arthur/Beaumont. billion to $2.8

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HollyFrontier to build $350M renewable diesel unit at Artesia refinery; 125M gallons/year

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The RDU will have a production capacity of approximately 125 million gallons a year (9,000 BPD) and allow HollyFrontier to process soybean oil and other renewable feedstocks into renewable diesel. The Navajo Refinery has a crude oil capacity of 100,000 barrels per day.

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National Academies’ Gulf Research Program awards $10.8M to address systemic risk in offshore oil and gas operations

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million to six new projects to develop new technologies, processes, or procedures that could result in improved understanding and management of systemic risk in offshore oil and gas operations. Oklahoma State University. The Gulf Research Program (GRP) of the National Academies of Sciences, Engineering, and Medicine is awarding $10.8

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GE, Devon sign new technology collaboration agreement to drive unconventional resources innovations

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GE Oil & Gas and energy exploration and production company Devon Energy signed a new technology collaboration agreement (TCA) to drive innovations that will enhance the performance and economics of unconventional oil and natural gas projects as the demand for energy grows worldwide.