Showing posts with label as. Show all posts
Showing posts with label as. Show all posts
Friday, November 28, 2014
Shock as retreat of Arctic sea ice releases greenhouse gas
The Independent has a report on global warming in the Arctic - Shock as retreat of Arctic sea ice releases deadly greenhouse gas.
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Dramatic and unprecedented plumes of methane – a greenhouse gas 20 times more potent than carbon dioxide – have been seen bubbling to the surface of the Arctic Ocean by scientists undertaking an extensive survey of the region.
The scale and volume of the methane release has astonished the head of the Russian research team who has been surveying the seabed of the East Siberian Arctic Shelf off northern Russia for nearly 20 years.
In an exclusive interview with The Independent, Igor Semiletov, of the Far Eastern branch of the Russian Academy of Sciences, said that he has never before witnessed the scale and force of the methane being released from beneath the Arctic seabed.
"Earlier we found torch-like structures like this but they were only tens of metres in diameter. This is the first time that weve found continuous, powerful and impressive seeping structures, more than 1,000 metres in diameter. Its amazing," Dr Semiletov said. "I was most impressed by the sheer scale and high density of the plumes. Over a relatively small area we found more than 100, but over a wider area there should be thousands of them."
Friday, October 24, 2014
Boom gathers pace as resource projects surge
The Australian has a report on the investment boom in resource (particularly natural gas) projects in Australia - Boom gathers pace as resource projects surge.
One major component in the investment boom is Chevron’s Gorgon LNG project in WA - The Australian reports that the WA government is continuing to insist on 15% of the gas being supplied to the domestic market - Chevron close to domestic gas deal on Gorgon project.
WA Today reports that the gas industry continues to generate a lot of protest, with the latest round complaining about the proposed Kimberly gas hub - John Butler stands up to Woodside.
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THE resources boom is gathering strength as companies commit to new mega-projects in Queensland and Western Australia and gear up for a massive surge in investment over the next year.
In the past six months, resource companies have given firm commitments to 33 new projects worth a combined $43.9 billion, led by investments in coal-seam gas, iron ore and new coalmines.
The governments resource industry adviser, ABARE, now has 94 projects worth $173.5bn on its books, a 31 per cent increase since last October. … The biggest new project announced in the past six months was the $16bn coal-seam gas venture in Gladstone, which is being led by Santos. Gas and oil projects account for $101bn, or 60 per cent of the total number of projects under construction.
One major component in the investment boom is Chevron’s Gorgon LNG project in WA - The Australian reports that the WA government is continuing to insist on 15% of the gas being supplied to the domestic market - Chevron close to domestic gas deal on Gorgon project.
CHEVRON says it is close to signing contracts to supply gas to industrial users from its $43 billion Gorgon project in Western Australia after it reached a crucial access agreement with the Dampier-Bunbury Pipeline to transport the fuel.
The US energy giants Australian operations head, Roy Krzywosinski, said yesterday the access agreement meant all the infrastructure contract arrangements were in place to supply the energy-hungry WA market by 2015.
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Major industrial users have complained for several years about a lack of cheap gas supplies for mines, alumina plants, fertiliser operations and power stations. The Woodside Petroleum-operated North West Shelf Venture and Apaches Varanus Island are the only suppliers to the domestic gas market.
But Apaches $US1bn Devil Creek project is expected to become the next major domestic gas supplier later this year. The project will inject up to 220 terajoules of extra gas into the states domestic system every day.
A parliamentary inquiry into gas pricing in WA found that prices were double those in other states, and recommended domestic gas reservation requirements should remain.
The producers have strongly opposed the reservation policy, which stipulates that 15 per cent of a projects output may have to be set aside for domestic needs.
Mr Krzywosinski said work on Chevrons estimated $30bn Wheatstone project would begin before the end of the year, generating 6500 direct jobs at peak construction and $21bn in government revenue.
WA Today reports that the gas industry continues to generate a lot of protest, with the latest round complaining about the proposed Kimberly gas hub - John Butler stands up to Woodside.
WA musician John Butler has led a lunchtime musical protest outside mining giant Woodsides city offices in protest against its proposed Kimberley gas hub.
The multiple ARIA award-winning musician performed on the steps of Woodside’s St George’s Terrace skyscraper as part of a nationwide stance against industrialisation of the Kimberley. Rock stars including Jimmy Barnes and Midnight Oils Rob Hirst entertained crowds in Sydney while musician Shane Howard hit Melbourne’s Swanston Street.
Woodside, with joint-venture partners Chevron, BP, Shell and BHP, plan to build a multi-million dollar gas processing hub at James Price Point on the Dampier Peninsula, north of Broome. The move has sparked outrage from environmentalists as the area is frequented by migrating humpback whales, untouched beauty and gardens of unique coral.
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