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Louisiana Governor and Air Products announce US$4.5B blue hydrogen clean energy complex in Eastern Louisiana

Green Car Congress

Louisiana Governor John Bel Edwards and Air Products Chairman, President, and CEO Seifi Ghasemi announced a $4.5-billion billion clean energy complex to be built in Louisiana that will make the state a leader in the US clean energy transition. The project will create 170 permanent jobs with a total annual payroll of $15.9

Louisiana 391
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Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

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In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). million barrels of sweet and 200,000 barrels of sour crude oil. President George W.

Oil 418
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Grön Fuels selects Haldor Topsoe technologies for multi-billion-dollar renewable fuels complex in Louisiana

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Bio-hydrogen not utilized for renewable diesel production will be made available by Grön Fuels for purchase by third parties for lowering the CO 2 emissions of power production, industrial processes, or transportation and can be shipped by the ~600 miles / 1,000 km of hydrogen pipelines operational and located near Grön Fuels’ site.

Renewable 397
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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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PBF considering $550M investment to convert idled refinery unit to renewable diesel production

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Louisiana Governor John Bel Edwards and PBF Chalmette Refinery Manager Steven Krynski announced that the company is studying the possible conversion of an idled refinery unit into a renewable diesel production complex. The company also is expected to utilize the state’s Quality Jobs and Industrial Tax Exemption programs.

Renewable 186
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MOL makes strategic investment in Ascension Clean Energy; hydrogen-ammonia production facility

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billion, clean hydrogen-ammonia production and export facility in Ascension Parish, Louisiana. a carbon solutions provider with more than two decades of successfully managing carbon dioxide (CO 2 ), and Hafnia, one of the world’s leading oil product tanker owners and operators. Earlier post.) Expected to produce 7.2

Clean 150
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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