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. Total is in a strategic alliance with Cobalt International Energy to explore for oil in the Deepwater Gulf of Mexico.

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

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A 2004 lifecycle analysis synthesis report prepared by Five Winds International for ConocoPhillips, Sasol Chevron and Shell International Gas concluded that: Total GHG emissions of the GTL system are between 12% less and 11% more than the refinery system, based on varying assumptions and data. In partnership with Qatar Petroleum, it started up its first international GTL plant, Oryx GTL, in 2007.

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

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It is becoming increasingly clear that the next phase of flare gas eradication will require a major, coordinated effort from central and regional governments, oil and gas producers, technology providers, and the international community. Elsewhere in West Africa, Angola, Equatorial Guinea, Gabon, Congo and Cameroon collectively waste about 10 billion cubic meters of natural gas every year. Gas-flaring countries and trends. Click to enlarge.

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