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Lake Resources and Ford Motor Company sign non-binding MoU to negotiate for lithium offtake from the Kachi Project

Green Car Congress

Australia-based Lithium developer Lake Resources has signed a non-binding Memorandum of Understanding (MoU) with Ford Motor Company for the offtake of approximately 25,000 tonnes per annum (tpa) of lithium from the Kachi Project. The lithium chloride is then processed on-site with conventional process equipment to yield a finished product.

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The Oil War Is Only Just Getting Started

Green Car Congress

The Oil War Is Only Just Getting Started. It’s been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how US shale is responding to fifty-plus-dollar oil with rebounding drilling activity. by Tsvetana Paraskova for Oilprice.com.

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Golar and Schlumberger form OneLNG JV; targeting development of low cost gas reserves to LNG

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Golar LNG Limited and Schlumberger have formed OneLNG, a joint venture to develop rapidly low cost gas reserves to LNG. Schlumberger is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry.

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Convert Oil Wells to Solve the Solar Storage Problem

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A possible answer, though, might lie in oil wells. The California-based Hyperlight Energy will be piloting an installation where they plan to use existing oil wells as solar thermal wellsprings, with the stored energy being converted back to clean electricity when required. to test the concept for the first time.

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SwRI, UTSA researchers show biochar is low-cost, effective method to treat fracking water

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Flowback water treatment is a critical sustainability issue for the oil and gas industry. Using biochar could help oil and gas companies save money and responsibly treat flowback water for reuse. Using biochar could help oil and gas companies save money and responsibly treat flowback water for reuse. —Maoqi Feng, SwRI.

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Edeniq and Flint Hills Resources Renewables establish joint development relationship for ethanol

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Flint Hills Resources Renewables, LLC, a leading US ethanol producer, will become a customer of Edeniq, Inc., Edeniq’s OilPlus corn oil extraction process is also being deployed at one Flint Hills plant and plans call for two others. OilPlus combines mechanical and chemical treatments to improve corn oil recovery.

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China Qaidam Oil Sands Proven

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Lab tests conducted by PetroChina of oil sands samples obtained in Yousha Mountains at Qaidam basin in northwest China determined that the resource is proven economically feasible for further exploration and development. But the report did not give any detail figure for the total reserve of the oil sands in the project.

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