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Cobalt and Total announce significant North Platte deepwater Gulf of Mexico discovery

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Cobalt International Energy, Inc., an independent oil exploration and production company focusing on the deepwater US Gulf of Mexico and offshore Angola and Gabon, announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico.

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GE study finds 5% of worlds natural gas production wasted per year by flaring

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A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge. The role that each party plays differs by region.

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Sasol embarking on feasibility study on a US gas-to-liquids facility in Louisiana

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South African energy and chemicals group Sasol today announced that it has chosen the southwestern region of the State of Louisiana as the site for a planned gas-to-liquids (GTL) facility. In partnership with Qatar Petroleum, it started up its first international GTL plant, Oryx GTL, in 2007. reduced emissions) for the GTL system.

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