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JAPEX delaying final investment decision for Hangingstone oil sands project

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Japan Petroleum Exploration Co., JAPEX), will postpone making a final investment decision (FID) for the Hangingstone Oil Sands Expansion Project ( earlier post ) in Alberta Province, Canada, based on a longer-than-expected approval process with the Alberta authorities.

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JAPEX to invest 65-70B in further oil sands development in Canada

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Japan Petroleum Exploration Co. JAPEX) plans to invest ¥65-70 billion (US$830–893 million) in its Canadian oil sands projects, Chief Executive Osamu Watanabe told Dow Jones Newswires. China’s biggest offshore oil and gas producer, said it will buy Canadian oil-sands developer OPTI Canada Inc.

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UT Austin to lead $58M study of methane hydrate in Gulf of Mexico; $41M from DOE

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Methane hydrate—natural gas trapped in an ice-like cage of water molecules—occurs in both terrestrial and marine environments. Post-cruise analyses will determine the in situ concentrations, the physical properties, the lithology, and the thermodynamic state of methane hydrate bearing sand reservoirs. Click to enlarge.

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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China will see the largest increase—more than 4 million oil-equivalent barrels per day. As conventional production declines, more of the world’s oil demand will be met by emerging sources that only recently became available in significant quantities: oil sands, tight oil, deepwater, NGLs and biofuels.

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Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

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Under these mild catalytic conditions, less expensive reactor components are required, pipeline grade methane is produced, and very low cost carbon sources (such as lignites, sub-bituminous coals, tar sands, petroleum coke and petroleum resid) can be used as feedstocks.

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Western Hydrogen produces first hydrogen from Molten Salt Gasification pilot plant

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The MSG process, under license from Idaho National Laboratory, uses a combination of molten sodium salts (sodium carbonate and sodium hydroxide) to convert a carbon feedstock and water into hydrogen. The MSG process occurs in a single high-pressure reactor in which a carbon-based feedstock and water react with a molten salt bath.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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February, 2009 : Record heat waves in late January and early February overloaded urban energy, water, and transport systems in the southernmost states of South Australia and Victoria and intensified hundreds of seasonal and man-made bushfires throughout the countryside, killing 374 people. Canada’s 2009 GHG emissions are 48.7%

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