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Schlumberger and Panasonic have announced that they will collaborate on a new battery-grade-lithium production process that they say will pave the way for improved lithium production to help meet the expected surge in demand from the fast-growing global electric vehicle (EV) market. The announcement came from the Schlumberger New Energy arm of Schlumberger and from Panasonic Energy of North America, a division of Panasonic Corporation of North America. The lithium-extraction and -production process will be used by Schlumberger at the Nevada pilot plant of its Neolith Energy venture. According to Schlumberger, Neolith Energy's approach uses a differentiated direct-lithium-extraction process to produce high-purity, battery-grade lithium material while reducing production time from more than a year to weeks. The company also said the process significantly reduces groundwater use and physical footprint vs. conventional evaporative methods of extracting lithium.
We present state-of-the-art computational methods which are instrumental in autonomous maritime operations, and optimization of routing, scheduling as well as loading. Our aim is to survey mature algorithmic approaches developed within the Lab of Geometric and Algebraic Algorithms, towards exploiting intelligence and automation in modern shipping and, in particular, in various aspects of routing. We showcase our advances in two main axes: (a) geometric computing for collision avoidance in complex environments, thus allowing for semi-autonomous and fully autonomous navigation, and (b) optimization for routing under time constraints of the carrier ship, time windows of availability at the ports of call, and capacity constraints of various compartments within a vessel.
Zhang, Jianping (Research Institute of Natural Gas Economy, PetroChina Southwest Southwest Oil and Gas Field Company) | Wang, Fuping (Research Institute of Natural Gas Economy, PetroChina Southwest Southwest Oil and Gas Field Company) | Pu, Yongsong (CNPC Chuanqing Drilling Engineering Well Test And Wokover Company Limited) | Li, Pu (Gas Company of Southwest Oil & Gasfield Company Petrochina) | Ma, Yingkai (Research Institute of Natural Gas Economy, PetroChina Southwest Southwest Oil and Gas Field Company) | Li, Zizi (Research Institute of Natural Gas Economy, PetroChina Southwest Southwest Oil and Gas Field Company)
Abstract After China's supply chain finance business has gradually matured in the consumer finance field, it has begun to extend to the industrial finance field. As a branch of industrial finance, the natural gas industry supply chain finance business has gradually developed, and the number of participants has gradually increased. The article mainly introduces the development status of natural gas supply chain financial services in China. Research has found that there are still many problems in the current industry development, such as the inability of effective collaboration among participants, and the inability to unify logistics, information flow, capital flow and energy flow in the industry. On this basis, the article studies the methods of blockchain technology to solve corresponding problems, and proposes the application ideas of blockchain technology in the field of natural gas supply chain finance, hoping to promote development by constructing a business model business architecture and technical architecture, This model can produce significant economic and social benefits, has a high theoretical feasibility, but there is no concrete examples at present. Finally, suggestions are made in five aspects, including strengthening the design of top-level systems, incorporating energy flows into the supply chain financial framework system, creating an open innovation atmosphere, enhancing technological progress, strengthening core corporate social responsibility, and promoting core corporate organizational innovation.
Abstract Energies may be described as brown, blue or green. Brown energies are CO2-emitting fossil fuels. Blue energies employ carbon capture and storage (CCS) technologies to remove the emitted CO2 from brown energies. Green energies are zero or low CO2-emitting renewable energies. Likewise, energy carriers such as electricity and hydrogen may be described as brown, blue or green if they are produced from brown, blue or green energy, respectively. The transition from a high carbon intensity to a low carbon intensity economy will require the decarbonization of three major sectors: power, transport and industry. By analyzing the CO2 intensity and levelized cost of energy (LCOE) of energy and energy carriers of different colors, we show that renewable energies are best used in replacing fossil fuels in the power sector where it has the most impact in reducing CO2 emission. This will consume the majority of new additions to renewable energies in the near to medium future. Consequently, the decarbonation of the transport and industry sectors must begin with the use of blue electricity, blue fossil fuels and blue hydrogen. To achieve this, implementation of large-scale CCS projects will be necessary, especially outside of USA and northern Europe. However, this will not happen until significant financial incentives in the form of carbon tax or carbon credit becomes available from national governments. Furthermore, private-public partnership and intergovernmental cooperation will be needed to implement these CCS projects.
The US Department of Energy (DOE) announced $24 million in funding for two projects as part of the first stage for its Advanced Research Projects Agency-Energy's (ARPA-E) Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. The SCALEUP Fast-Track teams of Natron Energy and Bridger Photonics will receive $19 million and $5 million, respectively, to help commercialize their efforts in sodium-ion battery development and methane-detection technologies. The SCALEUP initiative builds on ARPA-E's research and focus, taking high-risk and potentially disruptive new technologies through the pre-pilot and market stage leading to commercialization. California-based Natron Energy's project for domestic manufacturing of sodium-ion batteries aims to scale up production of its Prussian blue electrode batteries by thirty-fold to 18,000 trays/year, and de-risk its supply chain and production through continuous production and sales for 6 months. It will also position its batteries for emerging applications such as electric vehicle fast charging and dispatchable storage for grid power.
When Shell slashed its dividend by 66% on 30 April, it not only sent shock waves through financial and business communities throughout the world, it "tore up the industry's financial playbook," according to Laura Hurst at Bloomberg. Amid the chaos and damage churned up by the pandemic, what had long been unthinkable--the world's largest supermajors ceasing to defend their dividends at almost any cost, given the importance of payouts to North American investors--suddenly became fact. The last time Shell had slashed its dividend coincided with World War II, nearly 80 years ago. Equinor also cut its dividend, and ExxonMobil froze its dividend for the first time in 13 years. Asked whether the long-held strategy of sacred payouts to shareholders was sustainable in the current situation, Shell Chief Executive Officer Ben van Beurden said, "I would say, no." "I think a crisis like this has the potential to catalyze society into a different way of thinking," van Beurden said.
When Kursat Ceylan, who is blind, was trying to find his way to a hotel, he used an app on his phone for directions but also had to hold his cane and pull his luggage. He ended up walking into a pole, cutting his forehead. This inspired him to develop, along with a partner, Wewalk--a cane equipped with artificial intelligence (AI) that detects objects above chest level and pairs with apps including Google Maps and Amazon's Alexa so the user can ask questions. Jean Marc Feghali, who helped to develop the product, also has an eye condition. In his case, his vision is severely impaired when the light is not good.
In March, Yoshua Bengio received a share of the Turing Award, the highest accolade in computer science, for contributions to the development of deep learning--the technique that triggered a renaissance in artificial intelligence, leading to advances in self-driving cars, real-time speech translation, and facial recognition. Now, Bengio says deep learning needs to be fixed. He believes it won't realize its full potential, and won't deliver a true AI revolution, until it can go beyond pattern recognition and learn more about cause and effect. In other words, he says, deep learning needs to start asking why things happen. The 55-year-old professor at the University of Montreal, who sports bushy gray hair and eyebrows, says deep learning works well in idealized situations but won't come close to replicating human intelligence without being able to reason about causal relationships.
Editor's Note: Daniel Yergin, a renowned authority on energy, international politics, and economics, will be the keynote speaker for the AIME 150th Anniversary Celebration at the SPE Annual Technical Conference and Exhibition on 26 October. The Pulitzer Prize winning author of The Prize, The Quest, and the recently published The New Map: Energy, Climate, and the Clash of Nations will reflect on the past and future of the petroleum industry. Click here to register for ATCE. Daniel Yergin, author of The Prize and The Quest, introduced The New Map: Energy, Climate, and the Clash of Nations in a webcast on 22 September. The new book's status on Amazon--US best seller in energy and UK best seller in geopolitics--is telling, not only about the book's themes, but also about the interconnectedness between them and the implications for what Yergin refers to as a disrupted future.
The emergence of electric vehicles (EVs) has been pointed to as a signal that "peak oil demand" could be just around the corner. However, that corner is not nearly close as some may think, according to several people who spoke at this year's CERAWeek energy conference in Houston. Bob Dudley, group chief executive of BP, was one of them. He said EVs will play an important role in future energy demand, but a limited one in terms of their displacement of the liquid fuels used in transportation. "It will grow," Dudley said of the EV market share, "but I don't think we will all be driving electric vehicles."