Baker Institute: End of the ‘Big Oil giveaway’ is underway in the Persian Gulf

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In recent years, all six Gulf monarchies—Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Oman, Qatar and Bahrain—have begun to challenge the notion that citizens are entitled to cheap energy. They have raised prices on transportation fuel; three have increased prices on electricity and water in citizens’ homes; and electricity and water subsidies for businesses have been reduced in five of the six monarchies, the brief noted.

2016 60

Shell Technology Ventures to invest several $100 millions in emerging tech companies over next 6-8 years

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The company will look at areas including gas production and conversion; geophysical imaging; chemical manufacturing and conversion; novel materials; enhanced oil recovery; and water treatment. Petroleum Development Oman (PDO) contracted GlassPoint to build the plant, which is currently being tested.

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Singapore Company Trialing Natural Gas Econic Waste Collection Vehicle

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This is the case in Stockholm, where experience with this technology has been gained over more than six years, and the biogas is produced from waste water and to an extent also from household waste. Singapore’s largest waste management company, Sembcorp, is starting a one-year field trial to assess market acceptance, cost-effectiveness and customer satisfaction of the Mercedes-Benz Econic waste collection truck with Natural Gas Technology.

IHS Markit identifies 5 billion barrels of oil equivalent in short-cycle opportunities outside North America

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The IHS Markit report, entitled: “Back to the Basins: International Shorter-Cycle Opportunities,” initially assessed five, short-cycle projects outside the US in mature, late-life basins in Mexico, Nigeria, Egypt, Brazil and the North Sea, and included both shallow water and mature, onshore areas that break even at per-barrel costs under US$40. The typical deep-water project averages seven years to reach FID with exponentially more upfront investment.

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France’s IFPEN studying industrial potential of onshore sources of natural hydrogen

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In the future, hydrogen produced through water electrolysis is expected to be used to store energy as a way of compensating for solar or wind power’s intermittent output. In addition to being a carrier of energy, hydrogen could also be a source of energy, and its combustion would emit water (H 2 O) instead of CO 2. In this environment, volcanic systems create hydrothermal circulation, bringing together sea water and peridotites at high temperatures.

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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

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The Ichthys project consists of the development of the Ichthys gas and condensate field offshore North West Australia lying in 260 meters (853 feet) of water depth and the construction of an 889-kilometer (552-mile) gas transmission pipeline together with an onshore LNG plant near Darwin in the Northern Territory. The group has interests in LNG projects in Indonesia, Nigeria, Norway, Oman, Qatar, the United Arab Emirates, Yemen, Angola, and Russia. Location of the Ichthys project.

US Mapping Project Highlights Potential for Mineral Carbonation for CO2 Sequestration

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But scientists are experimenting with ways to speed the reaction up by dissolving carbon dioxide in water and injecting it into the rock, as well as capturing heat generated by the reaction to accelerate the process. In May, he and three other Lamont-Doherty scientists will join Reykjavik Energy and others to inject CO 2 -saturated water into basalt formations there.

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