Kremlin with OAO Rosneft moves West
August 30, 2010
WSJ reported on 27-Aug, page B4 by Guy Chazan that Russian oil giant Rosneft - supported by the Kremlin - is moving toward acquiring a 50% stake in German Ruhr Oel GmbH, a 50-50 joint venture between PDVSA (Venezuela) and BP.
Developing An Effective U.S. Solar Feed In Tariff
August 30, 2010
Feed-in Tariff Advances | www.renewablesbiz.com
The US solar market succeeds in spite of the lack of robust federal policies. Success is left to progressive states like Cailfornia to develop markets that eventually spill across the country at varying rates. The latest California solar move can make a US feed in tariff (FIT) rate a serious market developer, and keep photovoltaic growth going.
Vestas Wind Turbine Profit Falls
August 26, 2010
BBC News reported that Vestas, the world's largest wind turbine producer, shares have fallen 23% after it reported a second quarter loss of about $150 million.
Shell goes for Ethanol In Brazil
August 26, 2010
Shell, Cosan Sign Binding Deal for Ethanol JV | www.chemweek.com
According to Chemical Week Shell and Cosan (Sao Paulo) announced a binding $12 billion ethanol and transportation fuel joint venture in Brazil.
Nabucco pushed ahead by Geopolitics
August 24, 2010
Nabucco confirms two-feeder routing cuts Iran | www.ogj.com
Oil & Gas Journal reported on 23-Aug that the Nabucco Gas Pipeline International GMBH is moving forward with two feeder lines, one from Turkey to Georgia and the other from Turkey to the Iraqi border. The planned feeder line from Turkey to Iran has been shelved.
August 22, 2010
Reliance Forms Another U.S. Shale Joint Venture | www.chemweek.com
According to Chemical Week Reliance (India) are extending their shale gas investment in the Marcellus Shale acreage and according to WSJ three shale gas firms are for sale.
Whiskey and Bourbon to Biofuels
August 21, 2010
Waste from Whiskey Production Can Fuel Cars | www.chemweek.com
Chemical Week just reported that Edinburgh Napier University scientists have discovered a new process to generate biofuels from whiskey production waste. The whiskey biofuel is 30% more powerful than U.S. corn derived ethanol and requires no engine modification of present motor vehicles.
DOE moves from Coal Gasification to Coal Oxy-Combustion
August 9, 2010
DOE Funds New FutureGen Project | www.chemweek.com
DOE decided to cancel funding for coal gasification and instead stimulus fund with $1 billion a coal oxy-combustion process for retrofitting a 200 MW coal power plant in Meredosia, Illinois and construct a CO2 storage facility in Matton with pipeline connections to the power plant. L'Air Liquid is supplying the oxygen plant and Babcock and Wilcocx retrofits the coal combustion boiler.
Another Example of Energy Storage and Wind Power
August 4, 2010
http://www.energycentral.com/functional/news/news_detail.cfm?did=16499229 | www.energycentral.com
Energy storage and wind power is moving from studies and theories to practice. The initial results of a Minnesota project using sodium sulfide batteries was released by Xcel Energy. This can mean that wind power could expand if there is a reasonable tradeoff of cost and dispatchability.
Harry Blinked and T. Boone Smiles
August 3, 2010
The Death of Cap and Tax | online.wsj.com
Senate Majority Leader Harry Reid finally understood the negative economics of cap and trade (cap and tax) and shelved the President Obama initiated energy bill with cap and trade provisions in lieu of a new energy bill with a $5.8 billion subsidy for natural gas vehicles.
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012