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Japan will begin test drilling for oil and gas off Niigata coast in 2013

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Japan’s Ministry of Economy, Trade and Industry (METI) will begin test drilling for oil and natural gas in the Sea of Japan off the coast of Niigata Prefecture in April 2013. METI is outsourcing the test drilling, which is scheduled for April through June, to JX Nippon Oil & Gas Exploration Corp.

Japan 239
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Neste-led project verified 50% methane emission reduction at palm oil mills using belt filter press

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Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. Increased pressure is created as the belt passes over rollers which decrease in diameter.

Oil 244
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BASF and Gazprom agree on asset swap; BASF’s Wintershall expanding production of oil and gas, exiting gas trading and storage business

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Through the swap, BASF aims to further expand its production of oil and gas via its wholly owned subsidiary Wintershall —Germany’s largest internationally active crude oil and natural gas producer—and to exit the gas trading and storage business. billion barrel of oil equivalent.

Gas 218
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Univ. of Regina researchers propose new enhanced heavy oil recovery process for Western Canada

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Researchers at the University of Regina, Saskatchewan are proposing a new enhanced heavy oil recovery (EHOR) process: Cyclic Production with Continuous Solvent Injection (CPCSI). A paper on their work is published in the journal Fuel ; the team had earlier presented their work at 2013 SPE Heavy Oil Conference in Calgary in June.

Oil 199
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PBL/JRC: Global CO2 emissions increase to new all-time record in 2013, but growth is slowing down

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Global CO 2 emissions from fossil fuel use and cement production reached a new all-time high in 2013, according to the annual report “Trends in global CO2 emissions”, released by PBL Netherlands Environmental Assessment Agency and the European Joint Research Centre (JRC). in 2013, whereas in the EU emissions continued to decrease, by 1.4%

2013 240
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EIA: natural gas use for power falls as industrial use continues to rise; higher prices, cooler summer

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For the first eleven months of 2013, natural gas consumption in the electric power sector was below 2012 levels because of relatively higher natural gas prices compared with coal prices, and cooler summer weather compared with 2012, according to the US Energy Information Administration (EIA).

Gas 230
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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.