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BNEF: global carbon capture capacity due to rise sixfold by 2030

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The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. of global emissions. In 2021, some 73% of captured CO 2 went to enhanced oil recovery operations.

Carbon 293
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HF Sinclair selects Topsoe’s HydroFlex technology to produce renewable diesel at three facilities in US

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HF Sinclair selected Topsoe as a technology provider for the production of renewable fuels at three facilities: Sinclair, Wyoming; Cheyenne, Wyoming; and Artesia, New Mexico. Through its subsidiaries, it operates seven complex refineries with a total processing capacity of 678,000 barrels per day of crude oil.

Renewable 195
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UW researchers discover major lithium resource in Wyoming; potential integrated brine production/CO2 storage system

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Researchers at the University of Wyoming Carbon Management Institute (CMI) discovered a major new lithium resource near Rock Springs during a geological carbon dioxide storage site characterization project sponsored by the US Department of Energy. By comparison, the lithium reserves at Silver Peak, Nev.—the

Wyoming 246
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DKRW Advanced Fuels secures EPC contract with Sinopec Engineering for Medicine Bow coal-to-liquids project in Wyoming

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Using bituminous coal from southern Wyoming, the Medicine Bow facility will produce 11,600 barrels per day of very low sulfur gasoline using GE gasification technology and methanol?to?gasoline enhanced oil recovery in the United States, has agreed to purchase all of the carbon dioxide captured by the plant. gasoline (MTG) technologies.

Wyoming 236
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2020 Thanksgiving week gasoline consumption in US lowest since 1997

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Only two states—Wyoming and Utah—are outliers with gasoline consumption rising year-on-year by 0.2% The data speaks to a major problem for the petroleum industry and oil prices as it recovers from unprecedented demand declines for most of 2020. The Midwest was off 23.3% and 1.1%, respectively.

Gasoline 321
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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

Estonia 236
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Exxon Mobil Acquiring XTO Energy in $41B Deal; Enhances US Position in Unconventional Natural Gas and Oil

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The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. XTO is a US producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States.

Oil 186