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Bakken Energy, Cummins and Schneider partner on design of the Heartland Hydrogen Hub for long-haul trucking

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Bakken Energy, a developer of affordable clean hydrogen supply, signed a Memorandum of Understanding with each of Cummins Inc. The industry-led Hub will include Bakken Energy’s large scale affordable clean hydrogen production. and Schneider National Carriers Inc.,

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EIA: North Dakota oil production reached new high of 770K bpd in 2012; transported by trucks and railroads

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North Dakota crude oil production (including lease condensate) averaged an all-time high of 770,000 barrels per day in December 2012, according to the US Energy Information Administration (EIA). Much of crude oil production in North Dakota is gathered and transported by truck to railcars leaving the state.

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Badlands NGL to develop $4B plant in North Dakota to convert ethane from Bakken NGLs into polyethylene

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Badlands NGL, LLC, announced the development of a North Dakota manufacturing plant that will convert ethane (C 2 H 6 ), a byproduct of natural gas processing, into polyethylene, which is used to make a wide variety of end-use consumer and industrial plastics. The project will be the largest private investment in state history.

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Mitsubishi Power and DT Midstream partner to advance hydrogen infrastructure across the US

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a premier natural gas pipeline and storage provider, and Mitsubishi Power Americas, Inc., The JDA focuses on production, storage, transportation and use of hydrogen and other commodities. This collaboration will add to the ‘hub and spoke’ hydrogen infrastructure we have been creating with partnerships throughout North America.

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US petroleum demand falls 2.3% in February, but gasoline demand rises

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The steep decline in residual fuel demand related to users switching to natural gas. Supplies for refined products remained ample, with gasoline production of 9.1 Supplies for refined products remained ample, with gasoline production of 9.1 Distillate fuel production also set a monthly record.

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Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

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World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6 Source: Maugeri 2012. Click to enlarge.

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API: US petroleum demand edges up in May

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Supplies of refined products were ample. US refinery production of all four major products—gasoline, distillate, jet fuel and residual fuels—outpaced domestic demand. US gasoline production of 9.092 million barrels per day was above 9.0 Exports of refined products increased 19.3% to average 10.5