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Algae harvesting company OriginOil’s second CLEAN-FRAC licensing agreement targets Canadian oil sands market; urban algae demo project in Paris

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the developer of a process for harvesting algae and cleaning up oil & gas water, announced that its second original equipment manufacturer’s (OEM) agreement will target oil service companies in the Canadian oil sands market. LH was an early private investor in Athabasca Oil Corporation. OriginOil, Inc.,

Oil-Sands 225
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EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

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Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. Click to enlarge.

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Stealth Ventures Ltd. and Clean Coal Ltd. Partner on Underground Coal Gasification Project in Nova Scotia

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has entered into an agreement with Clean Coal Ltd., an internationally based company whose technical team is based in the United Kingdom, for the development of an Underground Coal Gasification (UCG) project in Nova Scotia. Clean Coal Ltd. The United Kingdom Coal Authority has recently awarded five licences to Clean Coal Ltd.

Coal 170
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IEA: global map of oil refining and trade to be redrawn over next 5 years

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Profound shifts in the regional distribution of oil demand and supply growth will redefine the refining industry and transform global oil trade over the next five years, according to the annual Medium-Term Oil Market Report (MTOMR) released by the International Energy Agency (IEA).

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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

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However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. Earlier post.). Additionally, U.S.

Price 225
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New $20M XPRIZE tackles conversion of CO2 into products

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Co-sponsored by NRG and COSIA (Canada’s Oil Sands Innovation Alliance), the 4-½ year competition will include two tracks, with the new technologies tested at either a coal power plant or a natural gas facility. According to the International Energy Agency, 82% of the world’s energy supply is derived from fossil fuels.

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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Hybrids, which combine an internal combustion engine and an electric motor, are expected to account for about half of global new-car sales by 2040, as they become increasingly cost-competitive compared to conventional vehicles. China will see the largest increase—more than 4 million oil-equivalent barrels per day. Natural gas.

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