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Forecast: global spending in 2011 on advanced oil and gas exploration technologies to total $10.17 billion

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UK-based market analyst visiongain projects that global spending in 2011 on advanced oil & gas exploration technologies will total $10.17 visiongain’s Advanced Oil & Gas Exploration Technologies Market 2011-2021 report analyses the development of this market over the next ten years.

2011 199
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Shell producing base oil from natural gas for motor oils

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Shell announced the production of the first clear base oil—the main component of motor oils—made from natural gas using its gas-to-liquids (GTL) PurePlus Technology. Shell PurePlus Technology is now being used to create motor oils for motorists in the United States. Click to enlarge.

Oil 294
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Topsoe enters agreement with Steeper Energy to introduce complete waste-to-biofuel solution

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Topsoe and Steeper Energy , a developer of biomass conversion technologies, signed a global licensing agreement for a complete waste-to-fuel solution. Steeper recognizes Topsoe as a world leader in developing and implementing renewable refining technologies. Hydrofaction Oil is of higher quality than other biomass-derived oils.

Waste 293
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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

Estonia 236
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GE to supply water recycling technology for SAGD project in Alberta oil sands; 5th such win in oil sands

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GE’s wastewater evaporation technologies have been selected to improve wastewater recovery at an existing oil sands project near Fort McMurray in Alberta, Canada. This project is the fifth to utilize GE’s evaporation technologies for OTSG blowdown treatment.

Oil-Sands 231
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Sapphire Energy and Linde Group to commercialize hydrothermal treatment technology used to upgrade algae into crude oil

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and The Linde Group will expand their partnership to commercialize a new industrial-scale conversion technology needed to upgrade algae biomass into crude oil. Today, this Green Crude Farm is operating year-round and producing barrels of crude oil daily. Sapphire Energy, Inc.

Oil 239
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Elevance Renewable Sciences, XiMo AG announce advancements in technology for metathesizing natural oils

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a producer of high-performance renewable specialty chemicals, and XiMo AG, a company focused on the development and application of proprietary metathesis catalysts, announced significant progress in the development of new technology for metathesizing natural oils and derivatives using Molybdenum-based catalysts. Schrock, Frederick G.

Oil 225