South Korea announced the development of a new technology capable of transforming carbon dioxide (CO2) into liquid hydrocarbons such as gasoline and naphtha.

The team is led by researcher Jeong-Rang Kim of the Korea Research Institute of Chemical Technology, in collaboration with GS Engineering & Construction and Hanwha TotalEnergies.

Details indicate that this innovation “consists of a technology of catalysts and processes that allows for the direct conversion of CO2 and hydrogen into liquid fuels, without the need for complex intermediate stages.” For the first time, researchers have achieved a pilot production of 50 kilograms per day, a breakthrough that could usher in a new era in replacing petroleum derivatives and reducing industrial emissions.

This work is part of the Carbon Resource Platform Chemical project, spearheaded by South Korea’s Ministry of Science and ICT. Plans have progressed toward the construction of South Korea’s first pilot plant for direct CO2 hydrogenation, capable of producing 50 kilograms of liquid hydrocarbons per day, with commissioning scheduled for the end of 2025. In the short term, they expect to reach over 100,000 tons annually.

Ultimately, the goal is to partially replace imported fossil resources with alternatives derived from captured carbon.

M.Pino

Source: elperiodicodelaenergia

(Reference image source: Etienne Girardet en Unsplash)

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The American writer, lecturer and investor Robert Kiyosaki released this Sunday his prediction of the value of Bitcoin for the month of June, when, according to the “guru” of finance, it will reach USD 100,000.

According to the author of the book “Rich Father, Poor Father” on his account on social network X, the main cryptocurrency of the market will reach the mentioned value in four months, although he did not detail the bases of this reasoning.

Kiyosaki is a fervent supporter of the cryptocurrency market and invites you to invest in Bitcoin at every opportunity. Moreover, he seems convinced that “the US dollar will die” soon.

Hence, his appreciation of the increase in the value of Bitcoin to the month of next June. He has even risked hinting that this same year it could reach USD 120,000.

M.Pino

Source: iprofesional

(Reference images source: Unsplash+, in collaboration with Getty Images)

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Chevron could be able to recover about 100,000 barrels a day in six months, according to Antero Alvarado, managing partner of Gas Energy Latin America in Venezuela.

After Chevron received limited authorization to resume oil extraction in Venezuela, hopes of a slight recovery in the sector have been revived.

Antero explained in an interview to the media that Chevron could operate through what is known as “deferred production”, in a first stage, “which will allow the recovery in about 6 months, between 50,000 and 100,000 barrels.”

The specialist added that Chevron will also apply “additional production”, where what corresponds to the Venezuelan PDVSA will continue to be sold. “The fact that Chevron returns ensures standards. In the end, nobody is going to make a long-term investment for 6 months, and it seems that more incentives are coming as there is more progress,” he said.

It is important to note that despite the partial authorization given to Chevron to reactivate crude oil extraction in Venezuela, a measure considered correct by spokespersons for the United States, there is still a long way to go in this sector to find a permanent and beneficial solution for those involved.

M.Pino

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Source: finanzasdigital

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