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BASF and Gazprom agree on asset swap; BASF’s Wintershall expanding production of oil and gas, exiting gas trading and storage business

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BASF and Russia’s Gazprom signed a legally binding basic agreement to swap assets of equivalent value. In October, Wintershall also substantially expanded its production and reserves of oil and gas in the North Sea through an asset swap with Statoil. This is equivalent to a total of 2.4 billion barrel of oil equivalent.

Gas 218
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Canada files to define outer limits of expanded Atlantic continental shelf; preliminary filing on Arctic, targeting North Pole

Green Car Congress

Legal context. Article 76 of the Convention sets out a process for states to determine the limits of this “extended” continental shelf and gain international recognition for those limits. Legal certainty and international recognition is vital to developing our potentially immense resources. —Minister Baird.

Canada 230
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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The regulations for plants that are already in operation, however, would remain unchanged to guarantee investment security and legal certainty. And in the process of modernizing their energy systems, Denmark and the Netherlands are already successfully auctioning wind farms. However, the financial cost of the shift is causing concern.

Germany 239
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Study finds between 87 to 98% of ships following the new sulfur regulations in northern Europe

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Some of the measurements were taken using an airplane flying over Denmark, the English Channel and the middle of the Baltic Sea, while others used fixed measuring stations in the approach to Gothenburg, Sweden, on the Oresund Bridge (between Copenhagen and Malmo) and on the Great Belt Bridge in central Denmark. —Johan Mellqvist.

Europe 150
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Smart-grid project matches wind to electric cars | Green Tech - CNET News

Tony Karrer Delicious EVdriven

The EDISON (Electric Vehicles in a Distributed and Integrated Market using Sustainable Energy and Open Networks) research consortium will seek to match power generation from wind turbines on the island of Bornholm, Denmark, with the power consumption of charging plug-in electric cars. The project is partly funded by the government of Denmark.

Wind 34
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Electric cars back on track?

Plugs and Cars

The NY Times headlined "As Gas Costs Soar, Buyers Flock to Small Cars." This year Renault announced a partnership with Project Better Place to manufacture electric cars for Shai Agassi’s ambitious plan to create discreet markets, beginning in Israel and Denmark. Electric cars are in the news almost daily. Oil has passed $120 a barrel.