article thumbnail

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

Green Car Congress

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). In 2021, Texas’s annual crude oil and lease condensate proved reserves increased by 12% (1.9

Oil 259
article thumbnail

Grön Fuels selects Haldor Topsoe technologies for multi-billion-dollar renewable fuels complex in Louisiana

Green Car Congress

The facility will produce renewable diesel from non-fossil feedstocks such as soybean and canola oils, distillers corn oil, tallow, used cooking oil, and feedstocks of the future such as bio-crudes.

Renewable 397
article thumbnail

EIA: Proved reserves of US natural gas increased 32% during 2021

Green Car Congress

trillion cubic feet (Tcf) in 2021, a 32% increase from 2020, according to the US Energy Information Administration’s (EIA’s) recently released Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 report. The wholesale spot price for natural gas at the US benchmark Henry Hub in Louisiana averaged $3.89

Gas 457
article thumbnail

Department of Interior awards initial $560M to 24 states to plug, cap and reclaim orphaned oil and gas wells

Green Car Congress

The Department of the Interior awarded an initial $560 million from the Bipartisan Infrastructure Law to 24 states to begin work to plug, cap and reclaim orphaned oil and gas wells. The Bipartisan Infrastructure Law includes $4.7-billion billion to plug orphaned wells. California. 1,000-1,200. Mississippi. *. New Mexico. North Dakota.

article thumbnail

Chevron / Toyota road trip demonstrates renewable gasoline blend

Green Car Congress

Chevron (as well as fellow oil major ExxonMobil) has been developing co-processing—adding biomass-derived feedstocks to the fossil-based feedstocks of existing petroleum refinery process units—as a way to produce fuels with increased renewable content more cost-effectively.

Chevron 446
article thumbnail

$112.5M awarded to research consortia studying effects of Deepwater Horizon oil spill on Gulf of Mexico

Green Car Congress

million to study the effects of the Deepwater Horizon oil spill in the Gulf of Mexico. These teams will investigate the fate of petroleum in the environment; the impacts of the spill; and the development of new tools and technology for responding to future spills and improving mitigation and restoration. Lead Investigator: Nancy N.

Mexico 225
article thumbnail

Kinder Morgan and Neste partner on major renewable fuels logistics project in US

Green Car Congress

Upon completion of the project, Kinder Morgan’s Harvey, Louisiana facility will serve as the primary hub where Neste will store a variety of raw materials including, for example, the used cooking oil it collects from more than 40,000 restaurants across the United States. At Neste’s option, the facility can be further expanded.

Renewable 320