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

Green Car Congress

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. 1,000-1,200. Mississippi. *.

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Low oil prices hurting some US shale operations; slumping oil prices putting pressure on drillers

Green Car Congress

The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. There are now 1,590 active oil rigs, the lowest level in six weeks. 17, compared to the prior week.

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EIA: US Gulf Coast refinery demand for hydrogen increasingly met by merchant suppliers

Green Car Congress

As global demand for distillate fuel oil has increased and sulfur content regulations have become more stringent, refineries have needed to use more hydrogen. Refineries typically fulfill incremental hydrogen demand by either producing it on-site through steam reforming of natural gas or by purchasing it from merchant suppliers.

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Kinder Morgan to purchase shale gas assets for $920M and build $220M crude/condensate pipeline

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In addition to our Natural Gas business segment, which will benefit from the acquisition, our Products Pipelines segment will realize growth from the construction and operation of the new pipeline that will transport condensate and crude oil. Bcf per day. Throughput is expected to reach 1.2 Bcf per day by year end.

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Clean Energy Capital to develop first commercial-scale sugarcane ethanol plant in US

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The business model locks in prices with long-term contracts for the sale of the ethanol to a major international oil company and the purchase of the sugarcane from local farmers. This will provide greater stability in profit margins, according to Clean Energy.

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Denbury Undertakes Midwest CO2 Pipeline Feasibility Study

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has initiated a comprehensive feasibility study of a possible long-term CO 2 pipeline project which would connect proposed gasification plants in the Midwest to Denbury’s existing CO 2 pipeline infrastructure in Mississippi or Louisiana. Denbury Resources Inc. Denbury Resources Inc. Denbury Resources Inc.

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UPS announces renewable diesel agreements with Neste, REG and Solazyme; up to 46M gallons over next 3 years

Green Car Congress

Neste, Renewable Energy Group (REG) and Solazyme will supply renewable diesel to UPS to help facilitate the company’s shift to move more than 12% of its purchased ground fuel from conventional diesel and gasoline fuel to alternative fuels by the end of 2017. White House climate pledge.

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