The Wyoming Rock Springs Uplift could potentially store 14 to 17 billion metric tons of carbon dioxide, according to results from a Department of Energy-sponsored study. This is equal to 250 to 300 years’ worth of CO2 emissions produced by the Wyoming’s coal-fired power plants and other large regional anthropogenic CO2 sources at current emission levels.
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 U.S. Department of Energy announced that Fluor Federal Petroleum Operations, LLC, has been awarded a management and operating contract valued at $1.46 billion to run DOE’s Strategic Petroleum Reserve (SPR) for a period of five years, after which the DOE has an option for an additional five years of performance.
The Department of Energy’s Office of Fossil Energy today announced the recent appointment of two key senior staff members to the Office of Fossil Energy – Julio Friedmann, Deputy Assistant Secretary for Clean Coal, and Paula Gant, Deputy Assistant Secretary for Oil and Natural Gas.