President Obama’s FY 2015 budget seeks $711.0 million for the Office of Fossil Energy (FE) to advance technologies related to the reliable, efficient, affordable and environmentally sound use of fossil fuels as well as manage the Strategic Petroleum Reserve and Northeast Home Heating oil Reserve to provide strategic and economic security against disruptions in U.S. oil supplies. The request includes $475.5 million for Fossil Energy Research and Development, $205.0 million for the Strategic Petroleum Reserve, $1.6 million for the Northeast Home Heating Oil Reserve and $19.95 million for the Naval Petroleum Reserves.
The Department of Energy announced the conditional authorization for Freeport LNG Expansion, L.P. and FLNG Liquefaction, LLC to export liquefied natural gas to countries that do not have a Free Trade Agreement with the U.S. This is the fifth conditional authorization the Department has announced.
The Department of Energy’s (DOE) Office of Fossil Energy and The Bureau of Safety and Environmental Enforcement (BSEE) signed a Memorandum of Collaboration this week that will coordinate the ongoing efforts of the two agencies on offshore research and technological improvement projects. Through this collaboration, BSEE and DOE will continue to work together to ensure safe, sustainable offshore production of oil and natural gas.
A memorandum of understanding to perform collaborative research related to airborne emissions and air quality at natural gas drilling sites has been signed by the Office of Fossil Energy’s National Energy Technology Laboratory and the National Institute for Occupational Safety and Health.
Development of potentially vast and important unconventional energy resources in Alaska – including viscous oil and methane hydrates – could be accelerated under a Memorandum of Understanding signed today by the state’s Department of Natural Resources and the U.S. Department of Energy.