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

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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. Twelve states—including Kansas, New Mexico and Ohio—have prioritized capping wells in disadvantaged communities. California. 1,000-1,200. New Mexico.

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Chevron, Bunge announce proposed JV for soybean feedstocks for renewable fuels

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Bunge is expected to contribute its soybean processing facilities in Destrehan, Louisiana, and Cairo, Illinois, and Chevron is expected to contribute approximately $600 million in cash to the joint venture.

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EIA: planned capacity additions to US crude oil pipeline infrastructure should relieve Cushing bottleneck

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According to an analysis by the US Energy Information Administration (EIA), planned additions over the next two years to the US crude oil pipeline infrastructure should relieve the bottleneck at Cushing, Oklahoma which has been caused by the oversupply of oil resulting from the growth of crude oil production in the US mid-continent and Canada.

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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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Illinois Basin (Kentucky, Illinois, Indiana and Tennessee): Board of Trustees of the University of Illinois aims to lead a project to evaluate the domestic occurrence of strategic elements in coal, coal-based resources and waste streams from coal use. DOE Funding: $1,483,787. DOE Funding: $1,499,817. DOE Funding: $1,499,647.

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DOE’s BETO holding four alternative fuel workshops over next three weeks

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The Demonstration and Deployment Strategy Workshop will be held 12–13 March at Argonne National Laboratory’s Advanced Photon Source conference center outside of Chicago, Illinois. The Bio-Oil Co-Processing: Expanding the Refinery Supply System Workshop will be held on 3 April in New Orleans, Louisiana.

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REG expanding footprint at 75M gallon renewable diesel refinery in Geismar

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Renewable Energy Group will acquire approximately 82 acres of land at its Geismar, Louisiana biorefinery from Lion Copolymer. REG utilizes an integrated procurement, distribution, and logistics network to convert natural fats, oils, greases, and sugars into lower carbon intensity products. Oh, President and CEO.

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Renewable Energy Group to acquire Tyson Foods’ half ownership of Dynamic Fuels renewable diesel biorefinery

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Completion of the transaction with Tyson Foods, which is contingent upon the closing of REG’s December 2013 announced agreement to acquire substantially all of the assets of Syntroleum Corporation, would give REG full ownership of Dynamic Fuels and its 75-million gallon per year nameplate capacity renewable diesel biorefinery in Geismar, Louisiana.

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