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BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”

Green Car Congress

Anglo-Australian BHP Group is merging its oil and gas business with Woodside Petroleum Ltd. 2P reserves of more than 2 billion boe comprising 59% gas, and 41% liquids. Longer term embedded options include the Wildling (US), Trion (Mexico), Calypso (Trinidad and Tobago) and Browse (Australia) projects. Earlier post.).

Future 221
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Swiss company outlines methanol-to-gasoline option for Alaska North Slope gas to state legislature

Green Car Congress

Under van Wijk’s concept, a plant would produce methanol from natural gas on the North Slope using the proposed GigaMethanol technology. Costs for a 63,000 barrel (of gasoline) per day system would be approximately $5.2 If the entire daily output of North Slope gas (4.5 Eastman originally bought the plant in 2007 for a $1.6-billion

Alaska 257
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2%

Climate 236