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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.

Oil-Sands 218
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JAPEX to invest 65-70B in further oil sands development in Canada

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(JAPEX) plans to invest ¥65-70 billion (US$830–893 million) in its Canadian oil sands projects, Chief Executive Osamu Watanabe told Dow Jones Newswires. China’s biggest offshore oil and gas producer, said it will buy Canadian oil-sands developer OPTI Canada Inc. Earlier Wednesday, CNOOC Ltd.,

Oil-Sands 186
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PetroChina to Take 60% Working Interest in Two Oil Sands Projects for C$1.9B

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Athabasca Oil Sands Corp. The projects are located in the centre of the Athabasca area in northeastern Alberta and have been independently assessed to contain approximately five billion barrels of best case contingent bitumen resource. In 2007, Alberta granted China National Petroleum Corp. billion (US$1.7 Earlier post.).

Oil-Sands 150
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Shell signs new offshore upstream deals with CNOOC and CNPC; China and Gabon

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Shell has signed two offshore oil and gas Production Sharing Contracts (PSCs) with CNOOC, and a PSC amendment with CNPC for a new development phase for the Changbei gas field in China. The two offshore oil and gas PSCs with CNOOC are for blocks 62/02 and 62/17 in the Yinggehai Basin.

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Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

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GreatPoint Energy and China Wanxiang Holdings have officially closed their investment and partnership agreement which was highlighted during an official signing ceremony between senior US and Chinese government officials in 2012. China Petroleum and Chemical Corp. Overview of the Bluegas catalytic coal methanation process.

Coal 225
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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In particular, Prentice seeks to shield Alberta’s emissions-intensive oil sands operations from the effects of emission reductions. Given that China’s economy is still growing, such a strategy is unlikely to result in year-to-year emissions reductions for several decades. Canada’s 2009 GHG emissions are 48.7%

Climate 236
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GM introducing new generation of modular 3- and 4-cylinder Ecotec engines; 11 variants from 1.0L to 1.5L

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GM developed the new engines for the company’s global vehicle portfolio; the engines will power many of the company’s highest-volume small cars and compact crossovers, including the next-generation Chevrolet Cruze specifically tailored for China, which launches in 2014 as a 2015 model. In China, Cruze models with the 1.4L

Engine 261