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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. If the entire daily output of North Slope gas (4.5 Atlas is now owned by Atlas Methanol Company, a joint venture between Methanex (63.1%) and BP Trinidad and Tobago (bpTT) (36.9%).

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% “ Bretton Woods plus Yalta, multiplied by Reykjavik.

Climate 236