LAKEWOOD, Colo.--(BUSINESS WIRE)--Pioneer Energy announced today that it has been selected by the U.S. Department of Energy (DOE) and the U.S. Environmental Protection Agency (EPA) for a $6 million award to adapt Emvolon’s proprietary gas to methanol technology to eliminate flaring and emissions in the oilfield. This technology will be demonstrated at an oil and gas facility in the Eagle Ford of Texas. Emvolon, an MIT spin-off, utilizes otherwise wasted methane and converts it into ready-to-use...
Read the full news release here