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DOE selects 6 projects for $30M in funding to boost unconventional oil and natural gas recovery

Green Car Congress

The US Department of Energy (DOE) has selected six projects to receive approximately $30 million in federal funding for cost-shared research and development in unconventional oil and natural gas (UOG) recovery. The Institute of Gas Technology. Texas A&M Engineering Experiment Station. Selected UOG projects. Description.

Oil 150
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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.

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Argonne analysis shows greenhouse gas emissions similar for shale, conventional oil

Green Car Congress

Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.

Oil 150
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Southern Rock Energy Partners picks Cushing, OK as site for new $5.56B 250 kbpd crude refinery

Green Car Congress

The refinery complex will reduce and eliminate 95% of greenhouse gas emissions while producing approximately 91.25 Cushing is the “Pipeline Crossroads of the World” for crude oil with approximately 100 million barrels of storage in the tank farms surrounding the community. The project is expected to have $5.56

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Texas installs another big solar + battery storage project

Baua Electric

Photo: Enel North America Power-hungry Texas needs solar and battery storage to help meet demand and balance the grid, so its largest utility-scale storage operator is delivering. Texas consumes more energy than any other state, and demand is growing. The project pairs a 186-megawatt (MW) solar farm with 115 MW/169 MWh battery storage.

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Alon USA receives go ahead for Bakersfield, CA rail terminal and refinery project; Bakken light crude

Green Car Congress

has received the necessary approval from the Kern County Board of Supervisors to construct a new rail facility at the Bakersfield refinery and to make modifications to the refinery that will allow it to process light crude—e.g., Current products include gas oil, gasoline, diesel fuel, and petroleum coke. Bakken Crude.

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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

Green Car Congress

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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