article thumbnail

Shell signs new offshore upstream deals with CNOOC and CNPC; China and Gabon

Green Car Congress

Shell has signed two offshore oil and gas Production Sharing Contracts (PSCs) with CNOOC, and a PSC amendment with CNPC for a new development phase for the Changbei gas field in China. Shell has also entered an agreement with CNOOC for its participation in two Shell exploration blocks offshore Gabon, West Africa.

Gabon 218
article thumbnail

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

Green Car Congress

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.

Mexico 218
article thumbnail

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

Green Car Congress

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. GE Energy Flare Gas Reduction Study. Click to enlarge.

Waste 260
article thumbnail

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

Green Car Congress

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. High temperature iron, for Secunda fuels and chemicals production. reduced emissions) for the GTL system.

Louisiana 210