Using new seismic imaging technique, BP finds significant additional resources in the Gulf of Mexico

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As a result of this early success, BP now is deploying this technique to fields elsewhere in the Gulf of Mexico as well as in Azerbaijan, Angola, and Trinidad and Tobago. BP announced a major breakthrough in seismic imaging that has identified more than 200 million barrels of additional resources at BP’s Atlantis field in the deepwater Gulf of Mexico.

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Swiss company outlines methanol-to-gasoline option for Alaska North Slope gas to state legislature

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van Wijk, a former Methanex executive, formed Saturn Methanol which subsequently built Titan Methanol, a 2,500 tonne per day methanol production facility in Trinidad, and began Atlas Methanol, also in Trinidad. Methanol-to-gasoline process flow diagram. Source: EMRE. Click to enlarge.

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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

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Dr. Fulton and GFEI Executive Secretary Sheila Watson also briefed the High Commissioner for the Republic of Trinidad and Tobago His Excellency Garvin Nicholas in detail on the paper. Trinidad and Tobago is interested in starting discussions on fuel economy with the GFEI. Commonwealth countries can cut their cumulative oil bill by £2 trillion (US$3.2

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BP takes delivery of 6 new LNG tankers

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BP also participates in LNG projects in Australia, UAE, Indonesia, Trinidad and Angola. BP is taking delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers to support its expanding global LNG portfolio, and to respond to growing demand for lower-carbon energy sources around the world. BP’s finance partners KMarin and ICBC Leasing are investing more than $1 billion in the tankers, which will join existing tankers in BP Shipping’s fleet in 2018 and 2019.

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MHTL to partner with G2X, negotiate methanol offtake agreement from G2X methanol-to-gasoline plant

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and Methanol Holdings Trinidad Limited (MHTL) announced that MHTL intends to partner with G2X Energy to construct the world-scale methanol-to-gasoline (MTG)-ready, methanol production facility being developed by G2X Energy in Lake Charles, Louisiana. The company has built five world-scale plants in Trinidad and Oman similar in design to the Big Lake Fuels plant. G2X Energy, Inc.

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UPS to invest $100M more in compressed natural gas, CNG vehicles and related infrastructure

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Trinidad, Colo., UPS plans to build an additional 12 compressed natural gas (CNG) fueling stations and add 380 new CNG tractors to its growing alternative fuel and advanced technology fleet.

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Shell to expand global LNG position with ~$6.2B deal with Repsol S.A.

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s LNG (liquefied natural gas) portfolio outside of North America, including supply positions in Peru and Trinidad & Tobago, for $4.4 The acquisition will LNG capacity in the West Atlantic from Atlantic LNG (ALNG) in Trinidad & Tobago, and in the East Pacific from Peru LNG (PLNG). Royal Dutch Shell plc has agreed to acquire part of Repsol S.A’s billion in cash.

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Canada Launches Heavy Oil Working Group to Promote Cleaner Fossil Fuels

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At the Fifth Summit of the Americas held in Port-of-Spain, Trinidad and Tobago in April, 2009, US President Obama announced the Energy and Climate Partnership of the Americas (ECPA). The Government of Canada has established a Heavy Oil Working Group.

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MCW Energy Group: successful initial testing of extraction of up to 99.9% of hydrocarbon content from oil sands tailings pond samples

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On 27 March, MCW announced an intellectual property licensing agreement with a private arm’s-length Canadian company which has agreed to act as the sole agent and exclusive licensee of MCW’s extraction technology for the countries of Canada and the Republic of Trinidad & Tobago.

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

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At the 2009 Commonwealth Heads of Government Meeting (CHOGM) in the city of Port of Spain, Republic of Trinidad and Tobago, UK Prime Minister Gordon Brown proposed that major GHG emitters kick start emissions reductions in developing countries by establishing an annual Copenhagen Launch Fund to finance incentives such as afforestation and energy efficiency, funded at 10 Billion USD per year by 2012. by Jack Rosebro.

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