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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). But like trying to turn a massive oil tanker, it takes time.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

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Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

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DKRW Advanced Fuels secures EPC contract with Sinopec Engineering for Medicine Bow coal-to-liquids project in Wyoming

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Using bituminous coal from southern Wyoming, the Medicine Bow facility will produce 11,600 barrels per day of very low sulfur gasoline using GE gasification technology and methanol?to?gasoline enhanced oil recovery in the United States, has agreed to purchase all of the carbon dioxide captured by the plant. gasoline (MTG) technologies.

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Altona Energy enters into coal and biomass gasification cooperation agreement with Rentech

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The agreement with Rentech includes working together to evaluate coal and biomass gasification projects for the application of Rentech’s technologies in South Australia, where the Arckaringa Project is located. billion tonne Arckaringa coal resource (of which 1.287 billion tonnes is JORC compliant). Earlier post.)

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Wison signs long-term cooperation agreement with Foster Wheeler and Clariant on SNG pilot plant in China; coal or coke to methane

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China’s largest private chemical engineering, procurement and construction (EPC) contractor, has signed a cooperation agreement with a subsidiary in Foster Wheeler’s Global Engineering and Construction Group and Clariant International AG to build a pilot plant to demonstrate Foster Wheeler’s VESTA substitute natural gas (SNG) technology.

Coal 186
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Sasol and Origin Energy form JV for coal bed methane exploration in Botswana

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Sasol recently signed a joint venture agreement with Australia-based Origin Energy Limited for the purposes of exploring for coal bed methane (CBM) in Botswana. Australia’s coal bed methane resources (known as Coal Seam Gas or CSG in Australia) will be used to supply LNG to China and the rest of Southeast Asia.

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Valvoline launches NextGen line of motor oil with 50% recycled oil

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The NextGen line of oils, with 50% recycled oil, will include conventional, synthetic blend and high mileage offerings. Valvoline, a leading independent marketer of motor oil, has introduced its NextGen line of motor oils, featuring the inclusion of 50% recycled base oil. Click to enlarge.

Oil 210