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$112.5M awarded to research consortia studying effects of Deepwater Horizon oil spill on Gulf of Mexico

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The Gulf of Mexico Research Initiative (GRI) Research Board announced that eight Research Consortia will be funded for the next three years with a total of $112.5 million to study the effects of the Deepwater Horizon oil spill in the Gulf of Mexico. Lead Institution: Texas A&M University at College Station. Buskey, Ph.D.

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Port of Corpus Christi, Howard announce to convert Javelina refinery services facility to blue hydrogen production

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The Port of Corpus Christi says that it is uniquely suited to become the nation’s premier carbon capture and sequestration management hub based on the high density of industrial CO 2 emitters, a robust network of existing pipeline infrastructure, and the Port Authority’s ownership of lands leading to state waters in the Gulf of Mexico.

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UT Austin to lead $58M study of methane hydrate in Gulf of Mexico; $41M from DOE

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A research team led by The University of Texas at Austin has been awarded approximately $58 million to analyze methane hydrate deposits under the Gulf of Mexico. Methane hydrate—natural gas trapped in an ice-like cage of water molecules—occurs in both terrestrial and marine environments. —Peter Flemings.

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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

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DOE-sponsored study concludes billions of barrels of oil potentially recoverable from residual oil zones in US

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Billions of barrels of oil may be potentially recoverable from residual oil zones in the US, according to initial findings from a study supported by the US Department of Energy’s Office of Fossil Energy (FE). Residual oil zones (ROZs), are areas of immobile oil found below the oil-water contact of a reservoir.

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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

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OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. At present, the main issue being reported on is that there has been corrosion of the water injection system, which is used to keep pressure in the reservoir.

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University of Alberta Researchers Find That Oil Sands Industry Is Releasing More Pollutants Into Athabasca River System Than Previously Estimated

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New research from a team at the University of Alberta, Canada, finds that Alberta’s oilsands industry is releasing more pollutants into the Athabasca River, its tributaries and its watershed than previously estimated. An open access article on their study was published online in the journal Proceedings of the National Academy of Sciences.

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