Total Cray Valley and Gevo, Inc. (NASDAQ: GEVO) announced today the successful completion of phase 1 of their Joint Development Agreement (JDA) to upgrade fusel
Iraq will invest $3bn in the Basra Gas Company over the next five years,
Iraqi News Agency reported on May 3 citing a statement by the country s oil minister.
Oil minister Ihsan Abdul Jabbar said that the aim is to increase the gas production capacity by 40%. The investment will help generate about 2,000 jobs, he added.
Basra Gas Company is a joint venture established by the Iraqi government, Shell and Mitsubishi.
NEW DELHI: Saudi Arabia was India’s second biggest oil supplier again in March, after ceding the position for a month to the United States, which slipped to fourth place behind the United Arab Emirates, according to preliminary tanker arrival data obtained from shipping and industry sources.
Iraq remained the top oil supplier. India imported 4.39 million barrels per day (bpd) of oil in March, about 12 percent more than the previous month but a decline of about 0.5 percent from a year earlier, the data showed. Overall India’s oil imports in fiscal year 2020/21 fell to a six year low of 3.97 million bpd as refiners cut crude processing after the spread of COVID-19 destroyed fuel demand, the data compiled by Reuters showed. The following table shows India’s imports by country. The imports include condensate.
CO2-Enhanced Oil Recovery For Decarbonization
May 3, 2021 6:30:pm
Summary In a future in which the energy system faces dual challenges – addressing carbon concerns and transitioning away from hydrocarbons altogether – reducing the carbon impact of fuels will become a key tool in meeting climate and energy goals.
by: Colin Ward, OXFORD INSTITUTE FOR ENERGY STUDIES (OIES)
Posted in:
CO2-Enhanced Oil Recovery For Decarbonization
As an example, jet fuel is very difficult to substitute due to the low energy density of batteries and the high cost of alternatives like hydrogen, making an upstream solution the only option until technology and costs evolve. Thus, making the best of the existing energy supply chain through decarbonization is a realistic and cost-effective option for the mid-term and warrants investigation.
Oil rose more than 1% on Monday as Chinese economic figures and U.S. vaccination rate pointed to a strong rebound in demand in the world's two largest economies.