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Methane Hydrate Gas Could Be Game Changer: Analyst

Date:
March 14, 2013
Source:
Russia Today / Powered by NewsLook.com
Summary:
Christoph Frei, the General Secretary of the World Energy Council, says methane hydrate gas may become a game changer if technology picks up.


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last updated on 2014-08-28 at 9:38 pm EDT

Clean Chemistry Nailing Down the Right Catalyst

Clean Chemistry Nailing Down the Right Catalyst

Deutsche Welle (July 7, 2013) — Scientists in Berlin are trying to harness a readily available resource for the chemical industry. A by-product of petroleum extraction, methane gas is usually burnt off unused. The researchers want to use it to synthesize ethylene, a precursor material for many kinds of plastics. For that, they need to find the appropriate catalyst, a substance that will make the transformation of methane into ethylene quicker and more energy-efficient. The work is being overseen by Chemistry Laureate Gerhard Ertl. He worked for nearly two decades at the Fritz Haber Institute of the Max Planck Society in Berlin, and is considered one of the pioneers of modern surface catalysis research. Tomorrow Today paid a visit to Prof. Ertl and his collaborators in the lab to ask if the right catalyst is indeed the key to clean chemistry.
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Gas Natural Sale Sidelined Until CEO Lawsuit Resolved

Gas Natural Sale Sidelined Until CEO Lawsuit Resolved

TheStreet (July 11, 2014) — Gas Natural, the Ohio-based company mired in scandal, was recently talking to prospective buyers about a sale, but talks came to a screeching halt when former CEO Richard Osborne filed a lawsuit against the company. The scandal started back in November when Ohio regulators ordered an investigation into Gas Natural. In May, the company announced that Osborne would be retiring and his son would take the reins. Late last month, Osborne Senior struck back, filing a lawsuit against the company. The suit has forced Gas Natural to put the sale on the back burner, but sources say that as soon as the matter is settled, the company will once again be on the prowl for a buyer. Even with the controversy surrounding the company, there will be no shortage of buyers as there is an intense level of interest in the gas local distribution space. Similar companies that have recently traded hands have fetched rich ebitda multiples of 10.5 times. With about $20 million in ebitda last year, Gas Natural could easily fetch north of $200 million in a sale. Video provided by TheStreet
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Possible Natural Gas Squeeze in Europe Won't Hurt U.S. Prices

Possible Natural Gas Squeeze in Europe Won't Hurt U.S. Prices

TheStreet (May 14, 2014) — While threats by Russia's Gazprom -- a majority state-controlled natural gas extractor -- to cut gas deliveries to Ukraine rise, American investors should know such action won't hurt prices in the United States. GFI Group senior energy derivative trader Elliot Warren tells TheStreet's Joe Deaux that traders aren't worried about U.S. prices because we can't export natural gas abroad and we can't make up for a European supply problem. Warren, speaking about the recent trade in natural gas, says prices have dipped back down to $4 after spiking during the winter. Warren says natural gas inventories will build during the summer, which will suppress price increases. Video provided by TheStreet
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Flying Factory to Debut in Space

Flying Factory to Debut in Space

AP (Sep. 30, 2013) — NASA is preparing to launch a 3-D printer into space next year, a toaster-sized game changer that greatly reduces the need for astronauts to load up with every tool, spare part or supply they might ever need. (Sept. 30)
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