TXO Plc Share Discussion Threads

[lofuw] 12/10/2015 19:31

Does This Offhand Gov't Comment Signal A Big Oil Opportunity?





By Dave Forest
Posted on Fri, 09 October 2015 14:51 | 0











Sometimes the smallest details mean the most. And a couple of little-reported comments from the government of one nation this week could signal very big things in progress for energy developers.

The place is the Caribbean islands of Trinidad and Tobago. Where the country's new energy minister made a public call for reforming oil and gas development.

As reported by Platts, energy minister Nicole Olivierre told a meeting of Trinidad's Energy Chamber that the country's oil and gas sector is in trouble. With the minister saying that the nation's production is in an "unabated decline" -- with oil output hitting its lowest-ever level this year, at 81,000 b/d.

Related: Historic Failure For Brazilian Oil Auction

The minister put the blame squarely on one party: Trinidad's state-owned oil and gas developer Petrotrin. Saying that the company "has failed to engender any significant increase in production in its portfolio."

Olivierre went on to suggest that major changes are required to fix the situation. Saying the government needs to take a "serious look at Petrotrin" -- and that "the country cannot wait forever for the company to get its act together."

Related: Energy Storage Just Got A Massive Vote Of Confidence

All of this sounds very meaningful. Especially from a newly-appointed minister, who obviously has a reform agenda squarely in her mind.

And that could be great news for international E&Ps.


$80 Oil By Christmas – Do NOT Be Fooled By The Mainstream Media

The current market turmoil has created a once in a generation opportunity for savvy energy investors.
Whilst the mainstream media prints scare stories of oil prices falling through the floor smart investors are setting up their next winning oil plays.

Click here for more info on successful oil investing


That's because Petrotrin holds much of the prime acreage -- both onshore and offshore -- across Trinidad and Tobago. All of which has been largely closed to foreign investment for years.

At the same time, the country has well-proven petroleum potential. Trinidad is the largest oil producer in the Caribbean, with total output of over 3 billion barrels since 1857.

Related: Can The Panama Canal Fulfill Its Global LNG Promise?

There a number of older fields here that could be enhanced with simple workovers. And there are undoubtedly more discoveries to be made -- especially on the extensive lands locked up in Petrotrin.

All of these opportunities could come available if a Mexico-style government shake-up does emerge here. Watch for more developments from the energy ministry over the coming months.

Here's to abating decline,

Dave Forest

More Top Reads From Oilprice.com:
Highly Bearish Outlook For U.S. Natural Gas
LNG Bust Could Last For Years
Decoding Saudi Arabia’s Strategy In Its Oil Price War

[lofuw] 12/10/2015 19:28

Macroeconomic Instability For Emerging Markets Thanks To Commodity Bust





By Nick Cunningham
Posted on Sun, 11 October 2015 00:00 | 0











The bust in commodity prices is sending ripples through the world of emerging markets.

Countries depending on resource extraction and exports of commodities have run into a brick wall this year the prices collapsed for all sorts of materials – oil, gas, coal, gold, copper, and more. The bust presents macroeconomic risks to these countries, and the risks are greater for economies that are less diversified and more dependent on commodities.

Already, we have seen the sharp loss in value for currencies in emerging markets. China devalued its currency over the summer, sending a wave of panic through emerging markets. The currencies of commodity exporters (Russia, Brazil, Mexico, Nigeria, and Iraq, just to name a few) were already under pressure before China’s devaluation, but China’s decision threw the weaknesses of emerging markets into sharp relief.

Related: Has Oil Finally Bottomed?

Commodities tend to go through booms and busts. The seeds of the latest “supercycle221; for commodities were planted around a decade ago. Capitalizing off of the scorching growth in China, capital-intensive resource extraction projects were planned around the world. Between 2005 and 2014, a staggering $745 billion worth of investment flowed into new oil, gas, and mining projects. The sum peaked in 2008 and 2009, when petroleum and mining projects accounted for 10 to 12 percent of total foreign direct investment around the world.

Of course, an oil project, or a new coal mine takes several years to build and to bring online. That explains the massive volume of new capacity for all types of commodities that came online in the last two years or so. In other words, the run up in commodity prices between 2005 and 2010 sparked a wave of investment, but all that new capacity came online in 2013-2014, popping the bubble in commodity prices.

Now, we are seeing the opposite of what took place in the last decade. New projects are being cancelled, and investment is drying up. At least $200 billion worth of investment in energy projects alone have so far been cancelled, with potentially much more still to come. That could plant the seeds for a new shortage in the years ahead, in which commodity prices will boom again.

Related: A Key Indicator Low Oil Prices Are Lifting Demand

But that boom is a ways off. For now, investment is slowing. And that creates risks for commodity-exporting countries, especially for those that are wholly dependent on natural resource extraction.


$80 Oil By Christmas – Do NOT Be Fooled By The Mainstream Media

The current market turmoil has created a once in a generation opportunity for savvy energy investors.
Whilst the mainstream media prints scare stories of oil prices falling through the floor smart investors are setting up their next winning oil plays.

Click here for more info on successful oil investing


The International Monetary Fund published a new report that describes various methods for commodity exporters to buffer against the worst effects of a commodity bust. For example, countries that build up “fiscal buffers” (revenues saved from good times to use during bad) can “cushion”; the impact on the economy. A perhaps more important method is economic diversification. Governments need to use the revenues from, say, oil exports and use them to invest in infrastructure, health care, and education.

The IMF says that in order to better manage commodity cycles, countries should 1) have long-term fiscal targets, 2) intensify efforts to diversify the economy, 3) make public spending more efficient, and 4) strengthen institutions.

Related: With a Collapse in Commodity Prices, What Happens Next?

This is hardly breaking news, as the least diversified, more resource-dependent, and more corrupt countries have long suffered from slow growth and poor economic outcomes for their citizens. But the latest bust highlights how difficult it can be for commodity-based economies to adhere to these pretty straightforward macroeconomic ideas. For example, it’s difficult to invest in quality public education – which necessarily requires consistent and long-term funding – when government revenues surge and fall with such extreme volatility.

Now that commodity prices have crashed, it will become apparent which countries have better prepared their economies for lean times, and which have put all their eggs in the commodity basket. Venezuela may be the poster child for how to squander your resource abundance, while other countries such as Mexico, Brazil, or Australia, for example, will fare better despite the painful collapse in prices.

By Nick Cunningham of Oilprice.com

More Top Reads From Oilprice.com:
Most Of BP’s $20.8 Billion Deepwater Horizon Fine Is Tax Deductible
Oil Fundamentals Improve But Inventories Will Keep Prices Low
LNG Bust Could Last For Years

[lofuw] 12/10/2015 19:27

OPEC Thinks Oil Prices Have Bottomed





By Matt Smith
Posted on Mon, 12 October 2015 14:57 | 0











Happy Columbus Day! While most markets are open in the U.S., our friends in the North are closed today to celebrate Thanksgiving, while both Japanese and Brazilian markets are also recognizing national holidays. In terms of economic data flow, our main tidbits have come from India, where September’s inflation data came in slightly higher than expected at 4.41 percent (versus 4.3 percent). Meanwhile, industrial production blew the doors off a 4.8 percent expectation, rising 6.4 percent YoY in August, its quickest pace in over two-and-a-half years:

IndiaIndustrialGrowth

India industrial production YoY, percent (source: investing.com)

The crude complex is trying to find a steady footing after last week’s push higher, with supportive comments out of OPEC members Kuwait and Qatar. Rhetoric indicates they believe oil prices have bottomed out and that a price recovery should be underway next year.

Related: Russia’s Move In Syria Threatens Energy Deals With Turkey

China has also boosted the overnight mood by announcing stimulus measures; it is expanding a pilot program to boost the lending ability of banks in nine provinces. The U.S. dollar is again coming under pressure, which is back-stopping all manner of commodities as emerging market currencies continue to rebound:

CommodityReturns

OPEC has released its monthly oil market report today, revising up oil demand growth for this year by 40,000 barrels per day to 1.5 million bpd, while next year it has been revised down by the same amount to 1.25mn bpd.

It now projects non-OPEC supply to contract next year by 130,000 bpd, revising its output expectation down by 290,000 bpd. Demand for OPEC crude for next year is revised up by 500,000 barrels per day to 30.8mn bpd – about 1.2mn bpd higher than this year.

Related: Macroeconomic Instability For Emerging Markets Thanks To Commodity Bust


$80 Oil By Christmas – Do NOT Be Fooled By The Mainstream Media

The current market turmoil has created a once in a generation opportunity for savvy energy investors.
Whilst the mainstream media prints scare stories of oil prices falling through the floor smart investors are setting up their next winning oil plays.

Click here for more info on successful oil investing


OPEC sees the impact of the lower oil price environment really starting to bite into non-OPEC supply this quarter, projecting a 1.9mn bpd drop in production versus Q4 of 2014 as global upstream spending is slashed by 20 percent. It sees voracious cost-cutting in North America, with exploration and production spending down by 35 percent:

OPECSupplyData

In terms of OPEC’s September production numbers, it increased output by 110,000 bpd to 31.57mn bpd, with Iraq seeing the largest increase (80,100 bpd), followed by Nigeria (34,600 bpd), then UAE (24,300 bpd). Saudi Arabia showed the largest drop, down 48,200 bpd.

Related: Does This Offhand Gov't Comment Signal A Big Oil Opportunity?

Finally, this week sees the floodgates open for an onslaught of quarterly earnings releases by U.S. companies. Stripping out the energy sector, earnings are forecast to rise. Steep declines are expected from energy, however, as well as other commodity-linked sectors such as materials and industrials:

EarningsSlowdown

By Matt Smith

More Top Reads From Oilprice.com:
Historic Failure For Brazilian Oil Auction
Energy Storage Just Got A Massive Vote Of Confidence
How Russia Is Deploying Its Military In Syria



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Director of Commodity Research
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Taking a voyage across the world of energy with ClipperData’s Director of Commodity Research full bio



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[lofuw] 12/10/2015 19:25

Current Oil Prices Create Opportunities By TOBIAS VANDERBRUCK for OIL-PRICE.NET, 2015/02/19



The oil industry relies on a steady stream of exploration and innovation in order to locate and exploit ever more remote and inaccessible reserves of oil. Periodically, new technology opens up new oil fields and those methods are exploited to the point of creating a glut in the market. New producers need to price themselves into the market and this factor causes a fall in the price of oil. The rapid expansion of shale oil production in the United States in recent years is an example of this phenomenon. Shale oil production incurs higher costs than traditional oil extraction in well-established sites, such as West Texas and the Arabian Peninsula.

[fishermansfriend] 12/10/2015 19:05

"It was also reported in the trading update that the contract announced on 28 April 2014 had now come to an end. The contract won by GBG through its subsidiary Morgan Oil Marine (Bahamas) Limited ("MOM") related to the remediation of a significant quantity of used oils from three storage ponds on Grand Bahama. TXO would like to remind shareholders that it is an investment company, holding an interest of 35.67% in GBG, and as such would not have any direct benefit from the contract but would potentially see an increase in the value of its holding in GBG and distributions in the way of dividends from GBG as a result of this and other commercial activity. GBG has made no official statement to TXO on the likely outcome of the remediation contracts relating to the works mentioned in the release and the directors of TXO do not have immediate access to the accounting information of GBG, but have requested the results as part of their own financial reporting and planning exercise. As and when this information is made available to the Company an update on the possible value and performance of GBG may be made, if considered appropriate."

So what happened to that?

All the annual report says is in Tim's First highlight point "work commenced in April 2014 and is ongoing"

So Tim did you lie in January or are you lying now?



"The Company is in the process of finalising its accounts and these will include a detailed outlook section. The audit is scheduled for this month and once complete the accounts will be posted on the Company website."

Where is the detailed Outlook section?

How about filing the pathetic job you have done on the Company Website?

[lofuw] 12/10/2015 15:55

Rising water in closed and abandoned mines may put tens of thousands of stream miles at risk for contamination by heavy metals and sulfates. Is plugging and containment enough to reduce the risk of another environmental catastrophe? New remediation technologies may provide a better long-term solution—and could even turn contaminated mine water into a usable resource.
The rising danger in closed and abandoned mines



The dramatic release at Gold King Mine has put the risk of acid mine drainage (AMD) back in the public eye. But the Gold King incident is only the tip of the iceberg; thousands of other closed and abandoned mines are already discharging toxic water into the local environment or are at risk of catastrophic failure in the future. In Colorado alone, 230 mines tracked by the EPA are releasing the equivalent of one Gold-King-size discharge every two days.



According to some estimates, there may be as many as 500,000 abandoned mines in the U.S., mostly in the western, mid-Atlantic and Appalachian states. Many of these mines were closed prior to the passage of the 1977 Clean Water Act, which requires mine owners to take mitigating action to prevent toxic mine waters from contaminating ground, surface and drinking water. A large percentage of these abandoned mines have simply been left to drain contaminated water, known as AMD, into local streams.



Where mitigating action has been taken, it often consists of simply plugging the mine openings and building containment pools for mine water and contaminated tailings. However, over time these containment efforts deteriorate, leading to eventual leaks and occasional catastrophic failures. Closed and abandoned mines gradually fill with water that can cause holding ponds to overflow and add stress to containment walls, increasing the chances of a rupture.
Rising waters, dire consequences



The release of contaminated mine waters can have devastating effects on the local environment and economy. When AMD contaminates local waterways, the heavy metals and sulfates kill off aquatic life in streams and make the water undrinkable for both humans and wildlife. A serious spill or ongoing large leak can make streams uninhabitable for all but the hardiest of microbes.



The total impact of AMD on local economies is difficult to estimate, but may be in the billions of dollars annually. Many closed and abandoned mines are near recreation areas. If these areas are unsafe or undesirable for tourists, it can have a crippling effect on the local economy in tourism-dependent areas. Losses for local farmers and commercial fisheries may also be devastating if AMD impacts ponds and waterways used for fishing and irrigation. And if drinking water sources are contaminated, local communities may need to bring in water from distant sources at considerable expense.



Even if the original contamination source is contained, these impacted streams and the surrounding local environments will take decades or even longer to return to their natural state without further mitigating action. If the source of pollution is not contained or treated, damage can continue effectively in perpetuity, resulting in an essentially permanent loss of valuable land and resources for farming, fishing and recreation.
A better approach to remediation



Treating contaminated waters properly can dramatically reduce the environmental and economic consequences of AMD. However, in order to make mine water safe to discharge into the environment or use for other purposes, the treatment must remove both heavy metals and sulfates. While many AMD treatment options remove only metals, high levels of sulfates bring their own problems. In addition to having an unpleasant odor and taste, waters with high levels of sulfates are corrosive to plumbing and are associated with serious health effects.



Removing sulfates from mine water has proved to be problematic for companies and agencies engaged in remediation work. Conventional precipitation methods generally are not able to reduce sulfate concentrations much below 1,200 mg/L. Membrane-based processes are more effective, but are very costly and generate a large waste stream.



However, new technologies are now available that can economically and effectively remove both metals and sulfates from contaminated mine water in one process.
Turning contaminated mine water into a usable resource



One example of these “next generation” remediation technologies is HydroFlex™, a water treatment platform developed by Winner Water Services, a subsidiary of Battelle. In demonstration projects, HydroFlex has been shown to reduce sulfate concentrations by up to 90 percent.



The treated water is vastly safer to release into the environment and can even be used for water-intensive industrial applications such as hydraulic fracturing. This means that contaminated mine water can now be turned into a valuable and usable resource—a triple win for the mining industry, the oil & gas industry and the environment.



The industry cannot afford to wait for another Gold King-sized accident to take action. Investing in these new treatment technologies today could save billions of dollars in future remediation costs and potential economic losses.



Carolyn Kotsol is president and CEO of Winner Water Services, a Battelle company. Winner Water Services treats acid mine drainage for industrial uses at its Sykesville and Sarver, Pa., locations.

[lofuw] 12/10/2015 15:52

Rising water in closed and abandoned mines may put tens of thousands of stream miles at risk for contamination by heavy metals and sulfates. Is plugging and containment enough to reduce the risk of another environmental catastrophe? New remediation technologies may provide a better long-term solution—and could even turn contaminated mine water into a usable resource.
The rising danger in closed and abandoned mines



The dramatic release at Gold King Mine has put the risk of acid mine drainage (AMD) back in the public eye. But the Gold King incident is only the tip of the iceberg; thousands of other closed and abandoned mines are already discharging toxic water into the local environment or are at risk of catastrophic failure in the future. In Colorado alone, 230 mines tracked by the EPA are releasing the equivalent of one Gold-King-size discharge every two days.



According to some estimates, there may be as many as 500,000 abandoned mines in the U.S., mostly in the western, mid-Atlantic and Appalachian states. Many of these mines were closed prior to the passage of the 1977 Clean Water Act, which requires mine owners to take mitigating action to prevent toxic mine waters from contaminating ground, surface and drinking water. A large percentage of these abandoned mines have simply been left to drain contaminated water, known as AMD, into local streams.



Where mitigating action has been taken, it often consists of simply plugging the mine openings and building containment pools for mine water and contaminated tailings. However, over time these containment efforts deteriorate, leading to eventual leaks and occasional catastrophic failures. Closed and abandoned mines gradually fill with water that can cause holding ponds to overflow and add stress to containment walls, increasing the chances of a rupture.
Rising waters, dire consequences



The release of contaminated mine waters can have devastating effects on the local environment and economy. When AMD contaminates local waterways, the heavy metals and sulfates kill off aquatic life in streams and make the water undrinkable for both humans and wildlife. A serious spill or ongoing large leak can make streams uninhabitable for all but the hardiest of microbes.



The total impact of AMD on local economies is difficult to estimate, but may be in the billions of dollars annually. Many closed and abandoned mines are near recreation areas. If these areas are unsafe or undesirable for tourists, it can have a crippling effect on the local economy in tourism-dependent areas. Losses for local farmers and commercial fisheries may also be devastating if AMD impacts ponds and waterways used for fishing and irrigation. And if drinking water sources are contaminated, local communities may need to bring in water from distant sources at considerable expense.



Even if the original contamination source is contained, these impacted streams and the surrounding local environments will take decades or even longer to return to their natural state without further mitigating action. If the source of pollution is not contained or treated, damage can continue effectively in perpetuity, resulting in an essentially permanent loss of valuable land and resources for farming, fishing and recreation.
A better approach to remediation



Treating contaminated waters properly can dramatically reduce the environmental and economic consequences of AMD. However, in order to make mine water safe to discharge into the environment or use for other purposes, the treatment must remove both heavy metals and sulfates. While many AMD treatment options remove only metals, high levels of sulfates bring their own problems. In addition to having an unpleasant odor and taste, waters with high levels of sulfates are corrosive to plumbing and are associated with serious health effects.



Removing sulfates from mine water has proved to be problematic for companies and agencies engaged in remediation work. Conventional precipitation methods generally are not able to reduce sulfate concentrations much below 1,200 mg/L. Membrane-based processes are more effective, but are very costly and generate a large waste stream.



However, new technologies are now available that can economically and effectively remove both metals and sulfates from contaminated mine water in one process.
Turning contaminated mine water into a usable resource



One example of these “next generation” remediation technologies is HydroFlex™, a water treatment platform developed by Winner Water Services, a subsidiary of Battelle. In demonstration projects, HydroFlex has been shown to reduce sulfate concentrations by up to 90 percent.



The treated water is vastly safer to release into the environment and can even be used for water-intensive industrial applications such as hydraulic fracturing. This means that contaminated mine water can now be turned into a valuable and usable resource—a triple win for the mining industry, the oil & gas industry and the environment.



The industry cannot afford to wait for another Gold King-sized accident to take action. Investing in these new treatment technologies today could save billions of dollars in future remediation costs and potential economic losses.



Carolyn Kotsol is president and CEO of Winner Water Services, a Battelle company. Winner Water Services treats acid mine drainage for industrial uses at its Sykesville and Sarver, Pa., locations.

[fishermansfriend] 12/10/2015 14:45

Indeed I will. In the last 7 Months Tim has incorporated 4 new companies, changed the name of one of his old companies and gone on the board of ORS. He won't stop, until he is stopped. It is only a matter of time before he gets his hands on a company with an AIM listing again.

If there is ever a TXO annual report to 30 Sep 15 it will be very interesting to see how much went to these companies in related party transactions for "consultancy"

In the year to 30 Sep 14 $75,168 went to EFG(S) (Tim Baldwin company) for consultancy, $12,150 went to Alpha Prospects (Chris Foster and Tim Baldwin Company), $12,150 went to Technotop (Richard Harvey Company), $12,150 went to Willifield (Andrew Glendinning Company) and Spencer Wilson charged $24,300.

That is on top of remuneration. Converting to GBP and totting it all up

Tim Baldwin - £97,813 (I don't earn that much does anyone else on this BB?)
Chris Foster - £41,158
Richard Harvey - £28,610
Andrew Glendinning - £28,610
Spencer Wilson - £24,157
Total £220,348

Not as bad as a lot of AIM boards and much less than previous years, but what have they achieved for that money? How much have investors lost this year alone?

The only good news is that quite a lot of that got taken as shares (because the company did not have the money to pay them any other way) which will very shortly be completely worthless.

Not all AIM directors are pigs with snouts in the trough while shareholders fund their lifestyles:



"The New Directors' remuneration will be substantially dependent on completing a significant transaction, as will that of Mr. Redmond. The New Directors' salaries will be initially set at GBP5,000 per annum each, which will accrue until a significant transaction is completed. "

[howesp] 12/10/2015 14:14

Thanks FF. Keep up the good fight.

[lofuw] 12/10/2015 07:06

Saudi Arabia Halts Government Spending Due To Oil Price Fall

     

By Andy Tully
Posted on Sun, 11 October 2015 00:00 | 0

Saudi Arabia has reportedly resorted to spending cuts to cope with a budget deficit caused by the steep decline of oil prices over the past year.

Bloomberg reported Oct. 8 that the Saudi Finance Ministry has directed government agencies not to embark on any new spending initiatives for the rest of the year. It also froze government hiring and promotions, suspended the purchase of furniture and vehicles and urged revenue collectors to accelerate their operations.

The report cited two sources who requested anonymity because the information had not yet become public. The Finance Ministry told the news service that it had no comment on the report.

Related: Energy Storage Just Got A Massive Vote Of Confidence

The primary reason for the spending cuts is the drop in oil prices since June 2014, from over $110 per barrel to around $50 today; oil accounts for around 90 percent of Saudi revenue. But the kingdom’s finances also have been strained by its involvement in wars in Syria and Yemen.

As a result, Saudi Arabia’s ratio of debt to GDP is in danger of rising to 33 percent in five years, according to a new report by the International Monetary Fund (IMF). The report says the Saudi budget has gone from a surplus to a deficit of more than 20 percent of GDP, more than twice as deep as those that beset the United States and Britain in 2008 and 2009, the darkest period of the recent recession.

Related: How Russia Is Deploying Its Military In Syria

The IMF says the drop in oil prices also has affected other leading crude exporters, including Kuwait, Russia and Venezuela.

$80 Oil By Christmas – Do NOT Be Fooled By The Mainstream Media

The current market turmoil has created a once in a generation opportunity for savvy energy investors.
Whilst the mainstream media prints scare stories of oil prices falling through the floor smart investors are setting up their next winning oil plays.

Click here for more info on successful oil investing

Nations rich in natural resources enjoyed “an exceptional commodity price boom during the 2000s,” the report says, enriching these countries, including Saudi Arabia. But it stresses, “[C]ommodity prices are volatile, unpredictable, and subject to long-lasting shocks. … [C]ommodity exporters will need to adjust to a – possibly protracted – period of lower export and fiscal revenues.”

Related: LNG Bust Could Last For Years

To manage the deficit, Riyadh had no choice but to rein in spending in the fourth quarter of this year, according to John Sfakianakis, the Middle East director at Ashmore Group, a British investment managing concern. In an interview with Bloomberg from Riyadh, he added, “Saudi Arabia will have to implement spending cuts and efficiencies in order to avoid a runaway fiscal deficit in 2016.”

[hitman92] 11/10/2015 18:31

Ah filtered at last. why didn't anyone tell me this before. Feel like partying now. Thanks FF

[fishermansfriend] 11/10/2015 14:16

Everyone should just filter him and then completely ignore him. Let's not clog up the board with more posts about his spam posts.

There are some interesting times ahead for TXO and related companies. Let's stick to discussing the company for once.

[lofuw] 11/10/2015 12:30

Pyrolysis is a thermochemical decomposition of organic material at elevated temperatures in the absence of oxygen (or any halogen). It involves the simultaneous change of chemical composition and physical phase, and is irreversible. The word is coined from the Greek-derived elements pyro "fire" and lysis "separating".

Pyrolysis - Wikipedia, the free encyclopedia

› wiki › Pyrol...

More about Pyrolysis

Pyrolysis - Wikipedia, the free encyclopedia

› wiki › Pyrol...

Mobile-friendly - Pyrolysis is a thermochemical decomposition of organic material at elevated temperatures in the absence of oxygen (or any halogen). It involves the simultaneous change of chemical composition and physical phase, and is irreversible. The word is coined from the Greek-derived elements pyro "fire" and lysis "separating".

‎Category:Pyrolysis- ‎Pyrolysis–gas chromatography - ‎Pyrolysis oil

Pyrolysis - Biomass Energy Centre

www.biomassenergycentre.org.uk › page

Pyrolysis is the precursor to gasification, and takes place as part of both gasification and combustion. It consists of thermal decomposition in the absence of oxygen. It is essentially based on a long established process, being the basis of charcoal burning.

Process of Pyrolysis - YouTube

m.youtube.com › watch

Duration: 2:43

Posted: 8 Jan 2013

Fast pyrolysis - Biomass Technology Group BV

www.btgworld.com › ... › Technologies

BTG's fast pyrolysis process for the production of bio-oil.

Pyrolysis

www.cpeo.org › ttdescript › pyrols

Pyrolysis is a form of treatment that chemically decomposes organic materials by heat in the absence of oxygen.

[PDF]Pyrolysis, gasification and plasma - Friends of the Earth

www.foe.co.uk › sites › files › downloads

Pyrolysis, gasification and plasma. September 2009. Briefing. Introduction. In the past, almost all residual municipal ...

What is pyrolysis? - Supplier of: tire pyrolysis plant, plastic pyrolysis ...

www.pyrolysisplant.com › what-is-pyrol...

Mobile-friendly - Pyro = heat. Lysis = break down.Pyrolysis is chemical reaction. This reaction involves molecular breakdown of larger ...

4-24 Pyrolysis - Federal Remediation Technologies ...

hxxps://frtr.gov › matrix2 › section4

Pyrolysis transforms hazardous organic materials into gaseous components, small quantities of liquid, and a solid ...

Gasification vs. Pyrolysis » GTC

www.gasification.org › what-is-gasification

Mobile-friendly - Pyrolysis. Pyrolysis is the thermal decomposition of the volatile components of an organic substance, in the temperature ...

BTL pyrolysis technology - BTG Bioliquids BV

www.btg-btl.com › technology

BTG's fast pyrolysis process for the production of bio-oil.

[monkey puzzle] 11/10/2015 12:19

Iof you are filtered

[d6529] 11/10/2015 10:21

I see the old BB trick ofdrowing out any dissent by posting repetativee maningless rubbiah is alive and well on this thread!

The filter button is so useful on these occasions.

[lofuw] 11/10/2015 10:13

Russia aims to push oil prices higher: Expert

in Oil & Companies News 09/10/2015


crude_oil_revenue_money_prices
Russia is operating in Syria with a view to push oil prices upwards, an expert said.

“Oil prices are determined by financial markets rather than by supply and demand,” explained Volkan Ozdemir, head of the Institute for Energy Markets and Policies, EPPEN, in an interview with Anadolu Agency.

Russia is aware of this fact, and therefore could be trying to affect these markets in order to create upward pressure on oil prices, Ozdemir said.

Oil and natural gas sales account for nearly 70 percent of Russia’s total export revenues. With each dollar the price of oil drops, the country loses about $2 billion.

The Kremlin shifted 2016 State Duma elections from December to September, Ozdemir said, possibly because Vladimir Putin’s government might be trying to boost its popularity by improving the economy thanks to higher oil prices within the next 10 months.

The oil price has fallen by more than 40 percent since June 2014, and the Russian economy has shrunk by 3 percent in the first six months of 2015.

Meanwhile the price of crude oil has increased by $6 a barrel since Russia began its operations in Syria last week.

Ozdemir also said Russia seeks to gain ground in Syria, as the region borders on key oil and gas producing countries such as Iran, Iraq and Saudi Arabia.

“Russia could control the region in Syria bordering on the Eastern Mediterranean and gain some kind of control over the oil and gas produced in the region,” he added.

According to current estimates, more than 60 percent of the world’s proven oil reserves are located in the Middle East.

Last week, Russian warplanes began striking targets inside Syria for the first time. According to the Russian Foreign Ministry, the strikes targeted Daesh munitions depots, vehicles and communications centers.
Source: Anadolu Agency