The oil and gas experts in biofuels are those experts who have a history with, and understand, petroleum companies and how they manage their biofuels. Some oil and gas companies acquire biofuel assets. Others buy only the RINS or LCFS credits to comply with the Renewable Fuel Standard. Some companies do both. Relatively few biofuels are sold directly to the public by oil and gas companies, as most are mixed by refiners at terminals where the refiners hold positions.
What credentials should an oil and gas expert involved in biofuels have? First, the expert must have the education, working knowledge, and experience with oil, gas, and biofuels. There are many oil and gas experts who know little about the newer arena of biofuels. Conversly, there are many biofuel experts who know little about oil and gas. There seem to be precious few familiar with both industries.
The Oil and gas expert in biofuels may assist clients/investors in selecting the right technology for blending, purchasing, mixing, storing, or transporting biofuels, just to name a few. In matters involving litigation involving biofuels in the oil and gas industry, the consultant may serve as an expert witness and assist the attorneys with understanding the processes and related technical issues and may testify in court about technology, economics, and other related matters.
Large renewable energy and biochemical consulting firms certainly have experts in the more common areas like bio and renewable fuels, biomaterials, biomass and biomass power, biomaterials, biochemicals, and biotechnologies. But, they also have expertise in a wide variety of specialty services like expert witness testimony, techno-economic analysis, due diligence, feasibility studies, budgeting, project management, technology assessment, insurance, due diligence, risk management, benchmarking, intellectual property, HAZOP, financial modeling, competitor analysis, and assistance with RIN and Low Carbon Fuel Standards (LCFS) matters. These firms should also be able to assist with other things like Aspen plus, logistics, bioreactor design, municipal solid waste remediation, syngas, and bio-based product development, carbon credits, climate change analysis, environmental permitting, equipment sales, experimental validations, grant writing, IP strategy, life cycle analysis (LCA), plant operations, plant sales, and auctions, and risk analysis (FMEA).
For more than 25 years, Lee Enterprises Consulting has been at the forefront of the bioeconomy. Our highly differentiated market position centers around our deep subject matter expertise in very specialized areas. We help clients minimize technical and economic risk by leveraging best practices in our industries, and we have a long track record of providing insightful analysis and practical advice. Our reputation is unparalleled because we provide a simpliﬁed process, with a single point of contact to a diverse international network of proven experts in biofuels, biomaterials, feedstocks, alternative proteins, and existing & emerging technologies. Providing access to over 150 world-renowned bioeconomy experts allows us to create tailored solutions to meet each project’s individual needs. Please take a look at our experts and the services we provide. Call us at 1+ (501) 833-8511 or email us for further information.