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Alabama, Mississippi to assess oil sands resources in their states

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Alabama and Mississippi are forming a partnership to further study the oil sands resources in the two states, Alabama Governor Robert Bentley and Mississippi Governor Phil Bryant announced on Saturday while speaking to the Southern States Energy Board. The most recent shows an estimated 7.5

Oil-Sands 379
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Oleo-X launches merchant pretreatment facility for renewable diesel and sustainable aviation fuel feedstocks

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Located in Pascagoula, Mississippi, Oleo-X’s facility has the potential capacity to produce up to 300 million gallons per year of premium feedstock. Oleo-X can process low-carbon, inedible oils—including poultry fat—without blending in high-quality oils taken from the food industry.

Renewable 199
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ExxonMobil to acquire CCS solutions company Denbury for $4.9B

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an experienced developer of carbon capture, utilization and storage (CCS) solutions and enhanced oil recovery. Acquiring Denbury reflects our determination to profitably grow our Low Carbon Solutions business by serving a range of hard-to-decarbonize industries with a comprehensive carbon capture and sequestration offering.

Companies 195
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US Geothermal Power Could Top 10 Gigawatts, New Industry Report Says

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Mississippi. The number of states with geothermal projects under development also increased, from 12 to 14 over the past six months, with the addition of two oil-field co-production projects in Louisiana and Mississippi. The recession, as the report confirms, is having an impact on the industry, according to the GEA.

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DOI: latest Gulf of Mexico oil & gas lease sales garner $872M in high bids

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Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. million acres on the US Outer Continental Shelf (OCS) offshore Louisiana, Mississippi and Alabama. billion in bid revenues.

Mexico 268
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Shell adds 3rd major discovery to the Norphlet play in the Gulf of Mexico; total potential now above 700M barrels oil equivalent

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After more than 10 years of exploration activities in the Eastern Gulf of Mexico, Shell continues to lead industry in exploring this Jurassic play. The Jurassic-period Norphlet play is characterized by high pressures and well temperatures, where good quality oil can be found in high quality sandstone reservoirs. Norphlet play.

Mexico 225
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DOE Makes First Awards from $1.4B for Industrial Carbon Capture and Storage Projects

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billion from the American Recovery and Reinvestment Act for the capture carbon dioxide from industrial sources for storage or beneficial use. Steven Chu, Science Large-scale industrial carbon capture and storage selections (by amount of DOE award) include: ConocoPhillips. The first phase of these projects will include $21.6

Carbon 210