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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. billion cash. The price represents a premium of. Earlier post.).

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

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Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. The concept is the same embodied in Audi’s e-gas project ( earlier post ), to which the VGV proposal makes continued reference.

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Ford begins production of 2012 Focus Electric at Michigan Assembly, C-MAX models on deck

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Ford’s Michigan Assembly Plant is starting production of the 2012 Focus Electric ( earlier post )—a five-passenger, battery-electric car Ford expects will achieve more than a 100 miles per gallon equivalent (MPGe) fuel economy rating. 1 gallon of gasoline=33.7 1 gallon of gasoline=33.7 Phoenix and Tucson, Ariz.; Portland, Ore.;

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ORNL study finds best current use of natural gas for cars is efficient production of electricity for EVs

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However, they also noted, high PTW efficiencies and the moderate fuel economies of current compressed natural gas vehicles (CNGVs) make them a viable option as well. The study investigated the the WTW energy and emissions from the use of natural gas in CNGVs with a range of CNGV fuel economy and natural gas compressor efficiency.

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Audi opens power-to-gas facility in Werlte/Emsland; e-gas from water, green electricity and CO2

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Audi’s e-gas plant. Audi has opened its e-gas plant in Werlte, making it the first automobile manufacturer to develop a chain of sustainable energy carriers. The Audi e-gas plant, which can convert 6MW of input power, utilizes renewable electricity for electrolysis to produce oxygen and hydrogen. Components of the e-gas plant.

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Israel begins natural gas production from deepwater Tamar field in Eastern Mediterranean

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On Saturday, Israel’s Ministry of Energy & Water Resources reported that commercial natural gas production had begun from the deepwater Tamar field (c. Tamar was the world’s largest natural gas discovery in 2009, notes Delek Energy, one of the Tamar partners. Israel natural gas demand forecast 2011-2040. Source: Noble Energy.

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Geothermal energy in US grew 5% in 2012; California the leader

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Preliminary industry data reveals that year-end geothermal growth in 2012 was up 5% from the previous year, according to the Geothermal Energy Association ( GEA ). In 2012, seven new geothermal projects and additions came online in three different states. Projects and new additions that came online in 2012 include: John L.

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