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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com.
The Rhodium Group, an independent research provider, estimates that, after a sharp uptick in 2018, US greenhouse gas (GHG) emissions fell by 2.1% This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. Coal-driven decline.
The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). million barrels per day this year and 12.8
Here’s professional con man, Tim Phillips, paid lackey for the coal, oil and gasindustries trying to use the Copenhagen Climate Summit as a propaganda platform and failing miserably. Tags: Killer Coal Yes We Can!
Gasoline section shows results for fuel derived from both conventional oil and oil sands. However, the range in values for shale and conventional gas overlap, so there is a statistical uncertainty whether shale gas emissions are actually lower than those of conventional natural gas. Credit: ACS, Burnham et al.
The amount of methane released into the atmosphere as a result of coal mining is likely approximately 50% higher than previously estimated, according to research presented at the recent annual meeting of the American Geophysical Union. The authors point out that less coal production doesn’t translate to less methane.
Researchers at The Ohio State University have used a chemical looping process to produce hydrogen from hydrogen sulfide gas—commonly called “sewer gas”. Hydrogen sulfide is emitted from manure piles and sewer pipes and is a key byproduct of industrial activities including refining oil and gas, producing paper and mining.
Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT.
Estimated annual greenhouse gas emissions over the lifetime of the QCLNG project. BG Group has approved implementation of the first phase of a US$15-billion project to convert coal seam gas (CSG) to LNG—the first major commercial project to do so. More than half the emissions come from the LNG facility. Source: QCLNG EIS.
Japan-based JGC Corporation recently was awarded a contract by Osaki CoolGen Corporation for engineering, procurement and construction (EPC) services of the core facilities for an Integrated Coal Gasification Combined Cycle (IGCC) demonstration plant. the Chugoku Electric) and Electric Power Development Co., Click to enlarge.
A joint industry partnership to commercialize clean, gold hydrogen, the program’s founding members include synthetic biology company Cemvita Factory (innovator in low-carbon microbial solutions for energy and mining resource extraction, production, and renewal); and Chart Industries, Inc. (a a leader in clean energy solutions).
has received the first commercial order to deploy its algae oil extraction system in an industrial setting. MBD Energy (MBD) recently committed to purchase an initial OriginOil extraction unit for piloting at one of Australia’s three largest coal-fired power plants. OriginOil, Inc. Earlier post.)
million strategic investment from fertilizer company Zuari Industries Limited of India in exchange for approximately 2.2 Coal is an abundant natural resource that is becoming even more critical in helping India achieve its ambitious growth objectives over the coming years. Synthesis Energy Systems, Inc., —H.S.
Greenhouse gas (GHG) emission standards and CAFE standards increase new LDV fuel economy through model year 2025 and beyond, with more fuel-efficient new vehicles gradually replacing older vehicles on the road and raising the fuel efficiency of the LDV stock by an average of 2.0% Industrial shipments are expected to grow at 3.0%
World energy consumption projections expect coal to stay one of the world’s main energy sources in the coming decades, and a growing share of it will be used in CT—the conversion of coal to liquid fuels (CTL). By 2020, CTL is expected to account for 15% of the coal use in China. —Wang et al.
introduced legislation that would set an escalating fee on greenhouse gas emissions from large stationary sources to fund investments in energy efficiency and sustainable energy technologies and also provide rebates to consumers to offset increases in energy prices. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) Rebate program.
Overview of the Bluegas catalytic coal methanation process. billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. Click to enlarge. pure methane).
Flow diagram of coal tar hydrogenation process. Researchers in China report the production of gasoline and diesel from coal tar via an optimized catalytic hydrogenation using two serial fixed beds, the first with a hydrofining catalyst of MoNi/?-Al million tons of coal tar was further processed. Credit: ACS, Kan et al.
For the first eleven months of 2013, natural gas consumption in the electric power sector was below 2012 levels because of relatively higher natural gas prices compared with coal prices, and cooler summer weather compared with 2012, according to the US Energy Information Administration (EIA).
The contract award marks China as the site for the first worldwide commercial implementation of the TRIG technology with the goal of producing low-emission, coal-based electricity. TRIG coal gasification technology was co-developed developed by Southern Company, KBR Inc., (Dongguan TMEP) in Guandong Province, Peoples Republic of China.
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.
whereby Vitol would purchase 100% of the gasoline produced from MBFP’s industrial gasification and liquefaction facility located near. The contract is one of the first major commercial agreements in the US for the sale of liquid transport fuels made from coal. Medicine Bow, Wyoming. Earlier post.) We have received front end.
Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.
The Province of Alberta (Canada) has executed a letter of intent with Swan Hills Synfuels to provide a C$285 million (US$273 million) grant in support of a underground coal gasification (UCG) project that will reduce emissions by capturing and sequestering more than 1.3 Swan Hills calls the process in situ coal gasification (ISCG).
In a new report, energy, mining and minerals consultancy Wood Mackenzie projects that despite efforts to limit coal consumption and seek alternative fuel options, China’s strong appetite for thermal coal will lead to a doubling of demand by 2030. It is very unlikely that demand for thermal coal in China will peak before 2030.
In regions where the share of coal-based electricity is relatively low, EVs can achieve substantial GHG reduction, the team reports in a paper in the ACS journal Environmental Science & Technology. According to the 12 th Five-Year Plan of the China CoalIndustry (2011?2015) Credit: ACS, Huo et al. Click to enlarge.
China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Mobility and oil. Source: IEA.
Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. The Administration is pushing the oilindustry to produce on leases already held.
MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. The IEA takes a more conventional approach, assessing the impact on the penetration of vehicles burning gas as their fuel. Earlier post.)
Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. The Brent crude oil spot price averaged $112 per barrel in 2012, and EIA’s July 2013 Short-Term Energy Outlook projects averages of $105 per barrel in 2013 and $100 per barrel in 2014.
The TCEP would integrate coal gasification, combined-cycle power generation, CO 2 capture, and. In the Permian Basin, approximately one additional barrel of oil can be recovered for each 6,000 cubic feet (6 Mcf) of compressed CO 2 injected into the oil field. urea production. CO 2 capture and shipment via pipeline shown at top.
UOP LLC, a Honeywell company, has landed its third technology license for its methanol-to-olefins (MTO) technology, which converts methanol from coal into key plastics building blocks. China is the world’s largest producer of coal, accounting for nearly half of global production, according to the US Energy Information Administration.
Crude and lease condensate includes tight oil, shale oil, extra-heavy crude oil, field condensate, and bitumen (i.e., oil sands, either diluted or upgraded). Other liquids refer to natural gas plant liquids (NGPL), biofuels (including biomass-to-liquids [BTL]), gas-to-liquids (GTL), coal-to-liquids (CTL), kerogen (i.e.,
The US Department of Energy (DOE) selected eight projects to advance the development of transformational oxy-combustion technologies capable of high-efficiency, low-cost carbon dioxide capture from coal-fired power plants. Gas Technology Institute. Babcock & Wilcox Power Generation Group.
and will build, own and operate the largest on-site air separation unit (ASU) order ever awarded to an industrialgas company. In 2010, Air Products had announced, what at that time, was the largest single ASU on-site order ever committed to an industrialgas company. Earlier post.)
Australia’s Syngas Limited has engaged Rentech to provide Fischer-Tropsch fuels production preliminary engineering services for Syngas’ proposed commercial scale coal and biomass to liquids (CBTL) fuels facility in Southern Australia, known as the Clinton Project. Gas Conditioning. Additionally, the Clinton coal fluidizes well.
has selected Honeywell’s UOP technology to convert methanol into building blocks for chemical products at an existing coal chemical complex in China. China’s Wison (Nanjing) Clean Energy Company Ltd. UOP and Total announced their partnership on this in 2005. Wison (Nanjing) Clean Energy Co.,
The agreement marks the first US purchase by a utility of low-carbon power from a commercial-scale, coal-based power plant utilizing carbon capture. billion plant will receive $450 million in funding from the Clean Coal Power Initiative; of this, $211 million comes from the American Recovery and Reinvestment Act of 2009.
The New Mexico Environmental Improvement Board (EIB) adopted by a vote of four to three greenhouse gas reduction regulations—called the most stringent in the US—that will reduce global warming pollutants through a regional cap on greenhouse gas emissions. New Mexico Greenhouse Gas Cap-and-Trade Regulation.
China Petroleum and Chemical Corporation (Sinopec) said that it had made significant breakthroughs in the exploration and development of shale gas in China, and is planning to develop the Fuling shale gas field into China’s first shale gas field with an annual production capacity of 10 billion cubic meters by 2017.
billion went to traditional sources—such as coal and oil—and $2.3 billion went to carbon capture and storage, which is designed to reduce greenhouse gas emissions from coal-fired power plants. More than half the subsidies for renewables—$16.8 Of the fossil fuel subsidies, $70.2 ELI Senior Attorney John Pendergrass.
Estimated consumption subsidies, industrial and developing countries, fossil fuels and renewables. In 2010, developing countries spent roughly $193 billion, or 47% of all fossil fuel consumption subsidies, on oil while industrial countries spent roughly $28 billion. Oil demand would be reduced by 3.7 Source: Worldwatch.
The two leaders emphasized their countries’ strong shared interest in accelerating the deployment of electric vehicles in order to reduce oil dependence, cut greenhouse gas emissions and promote economic growth. 21 st Century Coal. Activities under the initiative will include : Joint standards development.
Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.
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