Biofuels Power Corporation (OTCBB:BFLS) announced today that it has signed a letter of intent with ThyssenKrupp Industrial Solutions (Africa) (Pty) Ltd (“ThyssenKrupp”) and Liberty GTL, Inc. (“Liberty”) to build a small-scale gas-to-liquid demonstration facility in Houston, Texas (“GTL Pilot Plant”). The parties have established a non-binding target date to complete installation and commissioning of the GTL Pilot Plant on or before December 31, 2014. The purpose of the GTL Pilot Plant is to commercially demonstrate converting stranded natural gas resources to synthetic crude oil.
Biofuels Power Corp Announces Plans to Build Gas-to-Liquids Pilot Plant in Houston, Texas
Biofuels Power Corporation (OTCBB:BFLS) announced today that it has signed a letter of intent with ThyssenKrupp Industrial Solutions (Africa) (Pty) Ltd (“ThyssenKrupp”) and Liberty GTL, Inc. (“Liberty”) to build a small-scale gas-to-liquid demonstration facility in Houston, Texas (“GTL Pilot Plant”). The parties have established a non-binding target date to complete installation and commissioning of the GTL Pilot Plant on or before December 31, 2014. The purpose of the GTL Pilot Plant is to commercially demonstrate converting stranded natural gas resources to synthetic crude oil.
OIL TRAINS CLOGGING RAIL LINES USED TO SHIP GRAIN
A surge in Oil Trains hauling North Dakota’s energy bonanza is interfering with grains shipments to Pacific Northwest ports, prompting fears of a chronic crisis in which railcars carrying fossil fuels crowd out other products and disrupt exports.
Powering European Cities From the African Desert
[VIDEO] Kevin Sara, Chief Executive Officer at Nur Energie, talks with Guy Johnson about the technology behind the challenge of supplying Europe with solar energy gathered in the African desert. He speaks on “The Pulse.”
U.S. Ethanol lowest cost motor fuel, octane source
Ethanol produced in the United States has been the most economically competitive motor fuel in the world over the past four years and has played an important role in reducing consumer fuel costs, according to a newly released analysis by the Renewable Fuels Association (RFA).
Gas- Powered cars: CNG Vs LPG
Both CNG and LPG powertrain systems are cheaper and more eco-friendly in cars than diesel or gasoline systems.
Jacksonville CNG station for entire public on its way, prompting forecasts for revolution in local truck fuel
The rush to make Jacksonville one of the leading players in the natural gas industry took another step Wednesday, when work began on a publicly accessible compressed-natural-gas station.
Jobs in gas, oil: Almost 1 in 7 private-sector N.D. jobs tied to the industry
North Dakota’s thriving oil and gas industry accounts for nearly one in seven private-sector jobs covered by unemployment insurance, according to data that could have a big impact on how tax revenue flows to oil-impacted cities, counties and school districts.
Chinese company to build methanol complex in Louisiana
Yuhuang Chemical Inc, a North American subsidiary of Shandong Yuhuang Chemical Co Ltd, is trying to cash in on the low shale gas and energy costs in Louisiana by producing methanol for the growing Chinese market
How Can Tesla Motors Inc Create A Self-Driving Vehicle?
Stocks.org
CEO Elon Musk stated at the annual shareholder meeting last month that he was confident that Tesla would be able to roll out vehicles that could take the user from the highway entrance to the highway exit without touching any controls.
UBS Strategist: U.S. will be energy independent by 2020
News.Yahoo.com
Despite the Keystone XL pipeline still waiting final approval (currently in a review process that won’t be finished until after the 2014 midterm), one thing that is for certain is the North American energy renaissance is for real. Domestic production of crude oil and natural gas is on the rise, as the U.S. eyes the possibility of finally achieving energy independence.