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IHS Markit: oil price collapse will change trajectory of North American gas supply

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The trajectory of North American gas supply is set to change radically as a result of the fall in oil prices that has occurred due to COVID-19 and the breakdown in production cooperation between OPEC and Russia, according to IHS Markit. Combined, the Bakken and Eagle Ford are producing nearly 3 MMbbl/d of oil and 7.2

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T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

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Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. C carbon budget.

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Nacero selects Topsoe’s TIGAS technology for gas-to-gasoline unit; reducing lifecycle carbon footprint up to 50%

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Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades. The captured CO 2 will be used for enhanced oil recovery.

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Nacero to invest $6B in low- and zero-carbon fuels plant in PA; Nacero Blue and Nacero Green

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Texas-based fuel company Nacero ( earlier post ) will build its second low- and zero-carbon fuels plant in Newport Township, Pennsylvania. The new manufacturing facility will produce low- and zero-lifecycle carbon footprint gasoline blendstock made from natural gas and renewable natural gas.

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

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billion in capital investment and supply 423+ full-time employees for operations. The refinery complex will reduce and eliminate 95% of greenhouse gas emissions while producing approximately 91.25 Cushing is the most significant trading hub for oil in North America. The Cushing Economic Development Foundation, Inc.

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GE Oil & Gas secures order for industry’s first 20-ksi deepwater BOP stack and riser

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GE Oil & Gas has received an order for the offshore oil and gas industry’s first 20,000-psi (20-ksi)-rated deepwater blowout preventer (BOP) stack and riser systems from Maersk Drilling. It was the failure of the BOP stack on the Macondo well that enabled the massive oil release from the Deepwater Horizon disaster.

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

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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.

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