Industrialized Cyclist Notepad


North American Energy Security
November 12, 2012, 00:23
Filed under: Uncategorized | Tags: , , , , , ,

BEIJING- The chairman of China’s CNOOC Ltd. said Friday that he was confident that the state-controlled oil giant’s proposed $15.1 billion buyout of Canada’s Nexen Inc. would be completed by the end of the year. 

via RIGZONE – CNOOC Chairman: Confident Nexen Deal Will Be Completed by Year-End.



China’s Sinopec eyes Chesapeake shale gas assets in Oklahoma

All part of America’s new ‘energy security.’

Fu Chengyu, chairman of Sinopec Corp, was in Oklahoma last week to explore the possibility of a bid for a shale gas project, which is owned by Chesapeake Energy, the second largest shale gas producer in the US, Reuters reported.

via China's Sinopec eyes shale gas assets in US | China Economic Review.



Bills Seek to Ban U.S. LNG Exports

RIGZONE – Bills Seek to Ban U.S. LNG Exports.

At least, pass something to outlaw any gas company that exports from the US from making happy talk about “energy independence.”



Tidal energy: drop in the bucket

Tom Murphy on Tidal Energy, Do The Math Blog.

There isn’t enough to make much difference.



U.S. energy overview (total BTU’s)
December 10, 2011, 08:32
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For the people (especially journalists) who have written that the US is now a “net energy exporter.”

From EIA data: http://www.eia.gov/totalenergy/data/monthly/pdf/mer.pdf (pdf)



Even though we have to import massive portion of our energy fix …
December 8, 2011, 10:00
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… the oil and gas companies will export overseas if they can make a buck off of it when prices ‘collapse’ in the US. This pretty much fracks the whole idea of drilling for ‘energy independence.’ The only thing independent here is the oil/gas company.

Ross Kelly, “Conoco Studying North America’s Gas Export Potential,” Rigzone, Dec. 8, 2011




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