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Karoon enters deal with DEA for work in Brazil

July 31st, 2017

Melbourne-based Karoon Gas Australia Ltd. has entered into agreements with German company DEA Deutsche Erdoel AG to review and evaluate and, if appropriate, jointly bid for oil and gas assets in selected areas offshore Brazil.

Wheatstone LNG to come on stream in August

July 31st, 2017

Chevron Australia reports that the first production train of its $34-billion Wheatstone LNG project in Western Australia is now in the final stages of commissioning. Production should begin in the next few weeks.

Anadarko advances Mozambique LNG project

July 31st, 2017

Anadarko Petroleum Corp., The Woodlands, Tex., has finalized two agreements with the government of Mozambique that would allow the firm to design, build, and operate marine facilities for its LNG project in the northern part of the country.

MARKET WATCH: NYMEX crude oil approaches $50/bbl

July 31st, 2017

The light, sweet crude oil price approached $50/bbl on the New York market July 28 while the Brent crude oil price settled above $52/bbl on the London market. Both benchmarks have gained in 12 of the past 15 trading sessions.

Tc(VII) and Cr(VI) Interaction with Naturally Reduced Ferruginous Smectite from a Redox Transition Zone

July 31st, 2017

TOC Graphic

Environmental Science & Technology
DOI: 10.1021/acs.est.7b02191

Australian policy uncertainty prompts gas-fired power plant sale

July 31st, 2017

Australian infrastructure investor IFM is seeking to sell its Ecogen gas-fired power plants, citing uncertainty over Australia's climate and energy policy.

Reuters reports that the sale of the two gas power plants comes as gas and power prices are soaring, while state and national leaders continue to clash over carbon emissions targets and energy policy, impacting on infrastructural investment.
Australia flag
The sale process was in its early stages and information memorandums had not yet been sent to prospective buyers, an unnamed source told the news agency.

Ecogen's Newport and Jeeralang plants, with a combined capacity of about 1,000 MW, could be worth A$1bn, based on a replacement cost of A$1.5 million per megawatt. IFM has owned the plants since 2003.

However, analysts said it was difficult to value the ageing assets without knowing what gas supply contracts Ecogen has in place.

The power plants could attract bidders involved in the electricity market as they are essential to keeping the lights on in southeastern Australia as coal-fired power plants are closing. 

Ecogen Victoria power plants sold to Prime JV

Clairant enlists in project aimed at safer hydrogen use for Energiewende

July 31st, 2017

Speciality chemical manufacturer Clairant has announced its participation in the German Kopernikus initiative for advancing renewable energy.

The aim of the project, part of a German Federal Ministry of Education and Research initiative is to facilitate more renewables and Clairant will do this by contributing to the "Power-to-X" project, designing catalysts tailored for LOHC (Liquid Organic Hydrogen Carriers) technology.
German Federal Ministry of Education and Research
Partners will include RWTH Aachen University, Karlsruhe Institute of Technology (KIT), Fraunhofer Institute for Mechanics of Materials (IWM) / Fraunhofer Institute for Solar Energy Systems (ISE) and thyssenkrupp Industrial Solutions AG.

Hydrogen has the potential to be a major energy carrier and obtained from renewable energy or industrial sources can be used to store energy for subsequent use in industry, mobility and electricity.

However, hydrogen's very low density, high flammability and extreme volatility make storage and transportation difficult, thereby limiting its environmental and commercial advantages.

The project is about the development of LOHC technology, which can overcome such challenges.

In a breakthrough method developed by Hydrogenious Technologies, hydrogen is chemically bound to the LOHC carrier, which acts like a battery for hydrogen: it charges through catalytic hydrogenation and releases hydrogen via catalytic dehydrogenation. Compared to conventional methods, the LOHC concept enables significantly safer and more efficient storage and transportation of hydrogen. Among other benefits, this will greatly facilitate the conservation of surplus energy from wind and solar sources.

Clariant has successfully developed dedicated catalysts for LOHC hydrogenation (EleMax® H 101) and dehydrogenation (EleMax D 101).

The research phase is sponsored for an initial period of three years. During this time, the team intends to advance LOHC technology from Research and Development (R&D) to industrial maturity.

Russian oil output seen peaking soon without tax change

July 31st, 2017
Conflicting priorities of influential groups keep Russia from changing tax policy as it must to sustain oil production.

Indonesian plant to expand ethylene capacity by 2020

July 31st, 2017
PT Chandra Asri Petrochemical Tbk (CAP), a subsidiary of PT Barito Pacific Tbk, Jakarta, has let a contract to CB&I, Houston, to supply materials for the planned revamp of existing furnaces at the naphtha cracker of its 860,000-tonne/year ethylene plant at Ciwandan, Cilegon, in Indonesia's Banten province.

EPP, Navigator plot HSC ethylene export terminal

July 31st, 2017
Enterprise Products Partners LP (EPP), Houston, and Navigator Holdings Ltd., London, have entered a preliminary agreement to jointly develop an ethylene marine export terminal on the Houston Ship Channel (HSC).
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