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BP Egypt announces significant gas discovery in deepwater Nile Delta

Green Car Congress

BP Egypt announced a “significant” gas discovery in the East Nile Delta. BP production and exploration in Egypt. BP, with a history in Egypt stretching back 50 years, is one of the largest foreign investors in the country. The deepwater exploration well, named Salamat, is the deepest well yet drilled in the Nile Delta.

Egypt 199
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T&E: Europe burns 19 million bottles of sunflower and rapeseed oil every day in cars

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A new analysis by European environmental NGO Transport & Environment finds that Europe burns more than 17,000 tonnes of rapeseed and sunflower oil every day—the equivalent of 19 million 1-liter bottles. Supermarkets have had to ration vegetable oils and prices are soaring. In a time of scarcity we must prioritize food over fuel.

Oil 334
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US EIA reminder: Strait of Hormuz world’s most important oil chokepoint; almost 20% of oil traded worldwide

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Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d was crude oil. million bbl/d in 2009-2010. —US EIA.

Oil 297
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The Suez chokepoint

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The US Energy Information Administration recently updated its brief on world oil transit chokepoints—one of which is Egypt’s Suez Canal. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits, the agency notes. million bbl/d of crude oil in 2007 to 1.1

Egypt 236
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Nearly 20% of intact tropical forest landscapes overlap with extractive industries

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A new study from WCS (Wildlife Conservation Society) and WWF finds that nearly 20% of tropical Intact Forest Landscapes (IFLs) overlap with concessions for extractive industries such as mining, oil and gas. The total area of overlap is 376,449 square miles (975,000 square kilometers), about the size of Egypt. Grantham et al.

Industry 284
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Pharos Marine Plans Dual Fuel Hydrogen-Diesel Super Yacht

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Egypt-based Pharos Marine unveiled plans for a 60-meter dual-fuel hydrogen-diesel electric superyacht, the Orcageno. The propulsion system uses a generator driven by a hydrogen-diesel internal combustion engine which can be operated by either hydrogen or diesel oil to provide power for the Azipod units. Superyachttimes.com.

Mariner 199
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Technip, EGPC and ASORC agreement for $1.5B modernization of Egypt’s Assiut Refinery; maximizing diesel

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Technip Italy SpA announced the finalization of a joint agreement with Egyptian General Petroleum Corporation (EGPC) and Assiut Oil Refining Company (ASORC) for the $1.5-billion billion modernization project of the Assiut refinery, Upper Egypt.

Egypt 150