article thumbnail

Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

Green Car Congress

In January 2015 Sasol announced it was delaying a final investment decision on the proposed project near Lake Charles, Louisiana to conserve cash in response to lower oil prices. The estimated cost of the project ranges between $13 billion and $15 billion. Sasol’s foundation businesses are cash positive at a US$40 per barrel oil price.

article thumbnail

EPA researchers suggest US electricity consumers should be willing to pay 2-4x for emission-free alternatives to fossil fuel electricity due to health impacts

Green Car Congress

According to the US Energy Information Administration (EIA), the US average retail price of electricity to the end consumer in the US in October 2012 was $0.1192/kWh, ranging from a low of $0.0835/kWh in Louisiana to a high of $0.3742/kWh in Hawaii.). Click to enlarge. precursors (NO x and SO 2 ) on a per kilowatt hour basis.

EPA 277
article thumbnail

ACS Symposium on Deepwater Horizon Oil Spill

Green Car Congress

The symposium, which includes almost a dozen experts, will examine topics ranging from the spill’s effects on marine life to its effects on the safety of seafood. co-organizer Dr. Kermit Murray, professor of chemistry at Louisiana State University. also of LSU.

Oil 186
article thumbnail

GM sourcing components for the Chevy Volt produced from recycled oil-soaked plastic booms from BP spill

Green Car Congress

The ongoing project is expected to create enough plastic under-hood parts to supply the first year production of the extended-range electric vehicle. —Mike Robinson, GM vice president of Environment, Energy and Safety policy. Heritage Environmental managed the collection of boom material along the Louisiana coast.

Oil 262
article thumbnail

BOEM announces proposed Central Gulf of Mexico oil and gas lease sale; nearly 38 million acres available

Green Car Congress

The sale will include all available unleased areas in the Central Planning Area offshore Louisiana, Mississippi and Alabama. The terms of sale also reflect a series of conditions to protect the environment. The proposed lease sale includes approximately 7,250 unleased blocks covering nearly 38 million acres.

Mexico 186
article thumbnail

DOE to award ~$13.5M to 16 R&D projects for solid-oxide fuel cell technologies

Green Car Congress

AOI 2 supports projects that address and resolve reliability issues that are related to the long-term operation (a minimum of 5,000 hours) of second-generation SOFC power systems prototype tests in an operational environment. R&D areas of interest included, but were not limited to: Cell manufacturing and quality control.

Fuel 170
article thumbnail

US Flow Rate Technical Group to Produce Report on Flow from Deepwater Horizon Well

Green Car Congress

Speculation on the magnitude of the flow has resulted in estimates that range up to almost two orders of magnitude larger than the rough working flow estimate currently provided by the Unified Command (BP and the Federal agencies involved in the response).

Oil 210