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MARKET WATCH: NYMEX, Brent crude oil prices jump about $2/bbl

June 30th, 2016

Light, sweet crude price for August jumped by more than $2/bbl June 29, marking the front-month’s largest single-session gain since early April while the September delivery price broke above $50/bbl as did Brent crude oil prices on the London market.

Harvest in new deal for Venezuelan assets

June 30th, 2016

Harvest Natural Resources Inc. has reached an agreement to sell its Venezuelan interests and continues to seek a buyer for its remaining exploration and production holdings, which are in Gabon.

Modular construction on a molecular scale

June 30th, 2016
This is the first instance where synthesis of a crystalline framework in which proteins as well as metal ions and organic molecules are vital building components. This fabrication route has potential applications such as hydrogen fuel storage and carbon capture.

The gold standard of cracking tests

June 30th, 2016
Scientists used high-speed photography and digital image analysis to observe both the events that cause cracks and the speed with which the cracks travel.

RWE’s Innogy to focus on power grid investment

June 30th, 2016

RWE's newly-named renewables and power distribution subsidiary Innogy is ready to make heavy investments in its power grids, according to Chief Executive Peter Terium.

Terium told shareholders the news as the company’s management prepares to list shares in the unit by the end of the year.
Terium
The German utility separated its renewable power generation, distribution and retail businesses from its troubled thermal and nuclear power generation operations last year.

The exact size of the Innogy listing will depend on market conditions but could exceed a minimum of 10 per cent that RWE has defined, Terium said.

According to Reuters Innogy has plans to invest up to $7bn (EUR7bn) between 2016 and 2018, mainly in its grids, as old equipment needs to be made fit for the digitalised nature of energy generation and usage of the future.

"The key to succeed in this environment is flexibility and speed to adapt," Terium said, citing partnerships with international energy service companies.

Analysts expect the sale of 10 per cent of Innogy to bring in about EUR2bn, which would give the entity a market value of EUR20bn, nearly three times that of RWE now.

EDF-owned French grid operator valued at $5.8bn

June 30th, 2016

EDF's plans to sell almost 50 per cent of its RTE unit would value the operator of Europe's biggest high-voltage electricity transmission grid at more than $5.78bn (EUR5.2bn).

Reuters reports that French-state owned EDF’s valuation is part of its sale strategy as it looks to offload non-core assets and reduce debt as well as finance its nuclear power goals.
RTE
Under a 2004 law, RTE's capital must be held by EDF or other public entities, which means EDF can only sell to state-owned investors such as CDC.

While EDF is keen to press ahead with the sale as they think there would be a lot of appetite from infrastructure funds, the government would prefer to first take CDC on board as an investor as a quick way to raise cash while avoiding confrontations with unions, a source told the news agency.

The parties are expected to decide on the issue by the end of July.

Maillard Chemistry in Clouds and Aqueous Aerosol As a Source of Atmospheric Humic-Like Substances

June 30th, 2016

TOC Graphic

Environmental Science & Technology
DOI: 10.1021/acs.est.6b00909

Long-Term Field Study of Microbial Community and Dechlorinating Activity Following Carboxymethyl Cellulose-Stabilized Nanoscale Zero-Valent Iron Injection

June 30th, 2016

TOC Graphic

Environmental Science & Technology
DOI: 10.1021/acs.est.6b01745

Control of Uniform and Interconnected Macroporous Structure in PolyHIPE for Enhanced CO2 Adsorption/Desorption Kinetics

June 30th, 2016

TOC Graphic

Environmental Science & Technology
DOI: 10.1021/acs.est.6b00579

Immobilizing Water into Crystal Lattice of Calcium Sulfate for its Separation from Water-in-Oil Emulsion

June 30th, 2016

TOC Graphic

Environmental Science & Technology
DOI: 10.1021/acs.est.6b01152
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