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CompactGTL announces 3,000 bpd commercial small-scale GTL project in Kazakhstan

Green Car Congress

CompactGTL will build a commercially deployed small-scale gas-to-liquids (GTL) plant in Kazakhstan. Kazakhstan offers considerable potential for CompactGTL’s proven small-scale GTL technology, the company said. Kazakhstan offers considerable potential for CompactGTL’s proven small-scale GTL technology, the company said.

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Repsol and Alliance Oil to form an exploration and production JV in Russia

Green Car Congress

Alliance Oil will hold a 51% stake in the joint venture and contribute producing assets in Volga-Urals Region while Repsol will own the remaining 49% and make an initial cash investment to finance future growth opportunities.

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Crypto’s Slow Motion Gold Rush

Cars That Think

In April, 46 percent of all mining took place in China, according to data from the Cambridge Centre for Alternative Finance. Given that time is of the essence, many Chinese miners have hopped across the border to Russia or Kazakhstan, says Hileman, but North America has also seen a large influx.

Chinese 83
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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

The collapse in prices may mean we don’t see more white elephants like the Kashagan project in Kazakhstan, an offshore boondoggle that has required more than a decade of development, tens of billions of dollars, and still won’t come online for a few more years. Maintaining access to finance can come at a price.

Oil 150
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada. Key challenges for Russia are to finance a new generation of higher-cost oil and gas fields and to improve its energy efficiency. Biofuels supply triples to the equivalent of more than 4 mb/d, bolstered by $1.4

Oil 247