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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

Oil 418
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Study finds total greenhouse gas footprint of blue hydrogen “quite high” due to fugitive methane

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“Blue” hydrogen—produced through steam methane reforming (SMR) of natural gas or coal gasification, but with CO 2 capture and storage—is being described as having low or zero carbon emissions. Our analysis assumes that captured carbon dioxide can be stored indefinitely, an optimistic and unproven assumption.

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Peabody Energy and GreatPoint Energy To Partner on Coal-to-Gas and Coal-to-Hydrogen Facilities with Carbon Capture and Storage

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Overview of the bluegas catalytic coal methanation process. By comparison, syngas resulting from conventional gasification cannot be converted to pipeline quality natural gas without further processing, thereby adding cost. Click to enlarge. Peabody took a minority position in GreatPoint Energy, Inc. Earlier post.).

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Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

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Comparison of coal consumption and CO 2 emissions for co-production and separate production of liquids and power. Conventional CTL plant gasifies coal to produce a syngas which is then converted in a Fischer-Tropsch reactor to products. Even with CCS, the liquid product costs are comparable to recent crude oil prices.

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Wanxiang and GreatPoint Energy close $1.25B deal for 1 Tcf/year coal-to-natural-gas plant in Xinjiang; Sinopec to purchase output, building pipeline to east

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Overview of the Bluegas catalytic coal methanation process. billion from Wanxiang to finance and construct the first phase of a coal-to-natural gas facility that ultimately will have an annual production capacity of one trillion cubic feet (1 Tcf) (30 billion cubic meters) per year. Click to enlarge. pure methane).

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

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billion went to traditional sources—such as coal and oil—and $2.3 billion went to carbon capture and storage, which is designed to reduce greenhouse gas emissions from coal-fired power plants. More than half the subsidies for renewables—$16.8 Of the fossil fuel subsidies, $70.2 ELI Senior Attorney John Pendergrass.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

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Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

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