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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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BASF and Russia’s Gazprom signed a legally binding basic agreement to swap assets of equivalent value. In October, Wintershall also substantially expanded its production and reserves of oil and gas in the North Sea through an asset swap with Statoil. billion barrel of oil equivalent. This is equivalent to a total of 2.4

Gas 218
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NRDC says Baard Energy agrees to switch from coal to natural gas for feedstock for proposed synthetic fuel plant in Ohio to avoid further permit challenges

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The Natural Resources Defense Council (NRDC) issued a press release on Friday saying that Baard Energy had agreed to a settlement entailing their switching from coal as a feedstock for its planned coal/biomass-to-liquids Ohio River Clean Fuels plant ( earlier post ) to natural gas. of Energy’s (DOE) Loan Guarantee Program for ORCF.

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EEA: Traffic pollution still harmful to health in many parts of Europe

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Transport in Europe is still responsible for damaging levels of air pollutants and a quarter of EU greenhouse gas emissions, despite some progress in reducing the impacts from transport. Harmful nitrogen dioxide (NO 2 ) levels above legal limits were registered at 44% of roadside air monitoring stations in 2010. Source: EEA.

Pollution 247
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Federal Judge rules California Low Carbon Fuel Standard violates Commerce Clause of US Constitution

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In 2009, the Renewable Fuels Association (RFA) and Growth Energy filed a complaint in Federal District Court in Fresno, California, challenging the constitutionality of the California Low Carbon Fuel Standard (LCFS).

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Refiners and Truckers Associations Challenge California LCFS in Federal Court

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The National Petrochemical & Refiners Association (NPRA) filed a legal challenge to California’s Low Carbon Fuel Standard (LCFS) with the US District Court, Eastern District of California, Fresno Division. Earlier post.). By regulating the fuel pathway of transportation fuels—i.e., NPRA President Charles T.

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Denbury Undertakes Midwest CO2 Pipeline Feasibility Study

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The feasibility study is expected to determine the most likely pipeline route, the estimated costs of constructing such a pipeline, and review regulatory, legal and permitting requirements. Denbury Resources Inc.

CO2 150
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2% “ We are not aiming to let anyone off the hook.

Climate 236