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Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

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In January 2015 Sasol announced it was delaying a final investment decision on the proposed project near Lake Charles, Louisiana to conserve cash in response to lower oil prices. The company will continue to develop its $11-billion ethane cracker project in Louisiana; the project is almost 80% complete. —Stephen Cornell.

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Albemarle develops technology to recover lithium from brine

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billion globally by 2015, primarily from increased demand for batteries in electrical vehicles. This newly developed technology will allow the company to recover lithium that is present in the brines at its Magnolia, Arkansas bromine facility and utilize it to produce lithium carbonate.

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Honeywell partners with Asahi Glass to boost production of HFO-1234yf

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AGC) to increase production for HFO-1234yf, a new refrigerant for automobiles with a global warming potential (GWP) of less than 1. Under the agreement, AGC’s production is expected to begin in mid-2015. 2013, have a global-warming potential (GWP) below 150. This GWP is 99.9% Europe and Asia. Europe and Asia.

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SpaceX drone ship sails through Panama Canal on the way to California

Teslarati

This time around, similar to drone ship Just Read The Instructions’ (JRTI) original 2015 journey from a Louisiana shipyard to Port of Los Angeles, drone ship Of Course I Still Love You (OCISLY) headed west through the Panama Canal on June 25th, 2021. Polar satellites will allow SpaceX to truly provide internet anywhere on Earth.

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EIA: US refineries running at record levels; gasoline demand; exports up

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Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. Much of the refinery output is reaching global markets, as net exports are 19% higher this year through May.

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UPS announces renewable diesel agreements with Neste, REG and Solazyme; up to 46M gallons over next 3 years

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REG, headquartered in Ames, Iowa, produces renewable hydrocarbon diesel fuel from waste vegetable oils and animal fats at its Geismar, Louisiana, bio-refinery as well as biodiesel at nine bio refining locations in the US. —Mark Wallace, UPS senior vice president, global engineering and sustainability. White House climate pledge.

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Perspective: The Role of Offsets in Climate Change Legislation

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From a global climate change perspective, it does not matter where or from what source the reduction occurs: the effect on the atmospheric concentration of GHGs would be the same. Thus, global net emissions would not decrease, and affected domestic industries would likely see employment losses. Assuming the offset is legitimate—i.e.,