- Key Market Prices
- WTI Settles 91¢ Lower
- Margins & Economics
- WTI, Brent Finish Lower
- Fuels & Processing
- Jamaica Examines Castor, Jatropha as Biodiesel Feedstock
- GPA Annual Convention Highlights New Role, Bright Future
- Canadian University Receives Cdn$11.2 Million for Bioenergy Project
- IFQC Report Addresses Marine Emissions with Exhaust Gas Cleaning Systems
- Report: Oil Markets Tightening Rapidly to Meet Growing Demand
Fuels & Processing
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Jamaica Examines Castor, Jatropha as Biodiesel Feedstock
The Petroleum Corporation of Jamaica’s Centre of Excellence for Renewable Energy (PCJ’s CERE) and the Caribbean Agricultural Research and Development Institute (CARDI) on February 11 signed a research agreement for a small-scale pilot project producing biodiesel from locally grown jatropha and castor, the Jamaica Information Service (JIS) reported February 14.
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GPA Annual Convention Highlights New Role, Bright Future
The 90th Annual Gas Processors Association (GPA) Convention, which will be held in San Antonio, Texas, from April 3-6, is fast approaching. This year’s theme is “High Definition at 90: Advancing the Midstream Vision” and will focus on the association’s new role as a midstream association along with its bright and clear future.
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Canadian University Receives Cdn$11.2 Million for Bioenergy Project
The University of British Columbia (UBC) has received Cdn$11.2 million (US$11.5 million) from the Canadian government’s Clean Energy Fund for a bioenergy demonstration project, according to a February 25 announcement on the UBC website.
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IFQC Report Addresses Marine Emissions with Exhaust Gas Cleaning Systems
Don Gregory, director of the Exhaust Gas Cleaning System Association (EGCSA), provided members of Hart Energy’s International Fuel Quality Center (IFQC) with an overview of exhaust gas cleaning systems, as well as developments and operating experience with them during an IFQC webinar on February 15.
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Report: Oil Markets Tightening Rapidly to Meet Growing Demand
The slippery balancing act known as supply and demand has taken its toll on the oil and gas industry numerous times, most recently in 2008 as a result of a larger worldwide economic crisis. Arguably, the oil industry rebounded much more quickly than other industries, with per-barrel prices resting comfortably in the US $80+ range for much of 2010.
Feature
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Daimler: Fuel-Cell Cars, Diesel Hybrids at Cost Parity by 2015
Coincident with its roll-out the second leg of the “F-Cell World Drive” fuel-cell car tour in the U.S. last month, Daimler revealed that by 2015, fuel-cell cars could be mass-produced for the same cost as a diesel hybrid-electric car.
Key Market Prices
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WTI Settles 91¢ Lower
Electric Power
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S. Cal Edison Starts-Up 5 Million-Watt Solar PV Plant
Southern California Edison (SCE) announced February 24 that it has started-up the state’s largest investor-owned utility photovoltaic (PV) electric plant at Porterville, directly linked to its neighborhood power circuits.
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Siemens Touts ‘E-House’ Modular Power Distribution Scheme
German engineering conglomerate Siemens AG on February 23 announced the launch of what it terms as “E-House” modular power distribution units targeting the oil and gas industry, metals and mining sectors.
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Electra-Therm Touts ORC Waste-Heat Recovery for Pipeline Distributed Generation
Nevada-based Electra-Therm announced February 23 that its Texas distributor, Gulf Coast Green Energy (GCGE), just completed a 2,000-hour test run on an organic Rankine cycle (ORC) waste-heat recovery device enabling distributed power generation at natural gas compression stations.
Transportation & Logistics
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Volvo Unveils New Details on ‘V60’ Diesel PHEV
Volvo Cars on February 21 unveiled new details about its pioneering “V60” diesel plug in hybrid electric vehicle (PHEV) due for commercial debut in Europe in 2012.
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BMW Unveils ‘i’ EV Cars for 2013 Market Launch
BMW on February 21 unveiled its “i” sub-brand for electric vehicles (EVs), including the “i3” (formerly known as the “Megacity Vehicle”), described as BMW’s “first series-produced vehicle with an emission-free electric drive train.”
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Buick Regal Gets Industry-First Turbo, Direct-Injected Engine with Flex-Fuel Capability
General Motors Corp.’s (GM’s) 2011 Buick Regal Turbo is the first direct-injected, turbocharged production car capable of running on any blend of gasoline or E85 ethanol, joining more than 5 million flex-fuel models the company has produced over the last 15 years.
Margins & Economics
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WTI, Brent Finish Lower
NYMEX light sweet crude for April delivery settled at US$96.97 per barrel (/bbl), down 91¢ on February 28, as concern eased about the anti-government uprising in Libya and its potential impact on crude oil exports.
