article thumbnail

Foster Wheeler awarded contract for hydrogen production unit in Kazakhstan for major refinery modernization

Green Car Congress

A subsidiary of Foster Wheeler AG’s Global Engineering and Construction Group has been awarded a contract for the basic engineering design of a new hydrogen production unit, based on Foster Wheeler Terrace Wall steam reforming technology, to be built at the Atyrau Refinery in Kazakhstan.

article thumbnail

Russia to cut export duty on ultra-heavy oil to stimulate production

Green Car Congress

Business Mir reports that the Russian government has decided to cut the export duty on ultra-heavy oil to a mere 10% of the standard rate for 10 years to stimulate production. The decision on the so-called “10-10-10” scheme was made last Friday by the government commission on fuel and energy chaired by Deputy Prime Minister Igor Sechin.

Russia 199
article thumbnail

EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

Green Car Congress

Projected US CO 2 growth from fossil fuels. The US Energy Information Administration (EIA) estimates in the April 2010 release of its Short-Term Energy and Summer Fuels Outlook that CO 2 emissions from fossil fuels, which declined by 6.6% in 2011 as economic growth fuels higher energy consumption. Source: EIA.

2008 186
article thumbnail

Groundbreaking in Turkmenistan for major synthetic gasoline plant; first full-scale Haldor Topsøe TIGAS facility

Green Car Congress

The plant in Turkmenistan is extremely important to us, because it is the first large scale project in the world where we can showcase how our technology can help a nation with huge natural gas reserves monetize their natural resources by diversifying beyond conventional gas markets into transportation fuels. —Bjerne S. Spath and D.C.

article thumbnail

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion. The share of fossil fuels in global primary energy consumption falls from around 81% today to 75% in 2035. By contrast, subsidies for fossil fuels amounted to $409 billion in 2010. billion, around 20% of the world’s population.

Oil 247