Friday, 28 October 2016

Petronas continues to invest in O&G but long-term demand for oil is so bleak …


Petronas continues to invest in O&G but long-term demand for oil is so bleak …



https://youtu.be/zEluFBT4KAs

http://video.dailymail.co.uk/video/1418450360/2014/07/1418450360_3657998695001_massey-drives-on-air--1280-x-720-.mp4

View the attached three video clips above. The Japanese has invented a car that is entirely powered by water. Any water, whether rain, river or even Japanese tea!

And there’s also a car that runs on fresh air!

All these mean even electric vehicles are already becoming obsolete before they can be introduced into the global market! That’s how fast super high-end technology is moving!

So, is there any thing for Malaysians to rejoice should Petronas succeed in securing a Joint Venture (JV) with the world’s largest oil company, Saudi Aramco, in a US$21 billion (RM87.8 billion) refining and petrochemicals project in Johor?

Are Petronas and Malaysia moving with the times in global technology? If so, then Petronas should be investing into non-Oil & Gas (O&G) ventures like what Japan, China, South Korea and all other developed nations are doing - super high-end technology! Not digging and processing for oil!

Doesn’t going into super high-end technology makes more sense?

How will Malaysia even achieve developed-nation status when 1Malaysia Development Berhad (1MDB) Prime Minister Najib Razak can’t even lead to achieve Vision 2020.

And he had the audacity to proudly announce his Budget 2017 National Transformation Programme 2050 (TN50) crap! (Read these for context: http://victorlim2016.blogspot.my/2016/10/vision-2020-not-achievable-so-its-now.html, http://victorlim2016.blogspot.my/2016/10/1mdb-pm-najibs-tn50-is-just-crap.html and http://victorlim2016.blogspot.my/2016/10/anwar-rubbishes-1mdb-pm-najibs-tn50.html)
India also claims to have invented water-powered car
Here’s what online news portal Free Malaysia Today (FMT) reported about the JV proposal and a news report on the car that runs on fresh air:

"Saudi Aramco to partner Petronas in RM87.8 billion Johor project?

FMT Reporters

October 27, 2016

Saying it will be a great coup for Petronas if that were to happen, the Wall Street Journal adds that Petronas could offer Saudi Aramco a 50 per cent share.



KUALA LUMPUR: Petronas is expected to bring in Saudi Arabian Oil Co, or Saudi Aramco, as its partner for a roughly USD21 billion (RM87.8 billion) refining and petrochemicals project in Johor.

The Wall Street Journal, quoting two people familiar with the matter, reported that Petronas would make a final decision on the possible partnership in December.

The WSJ said Petronas would offer the world’s largest oil firm a 50 per cent stake in the project which comprises a refinery, petrochemical plants and other related facilities.

If Petronas proceeds with the plan, the two companies will set up a joint-venture company in the first quarter of next year to run the project, with the refinery due to start operating in early 2019, according to the report.

The WSJ said Petronas declined to comment and Aramco wasn’t immediately available for comment.

It said the entry of Saudi Aramco, the world’s largest crude oil exporter, into the project would be a coup for Petronas.

The WSJ said as part of an economic transformation to contend with the prolonged drop in oil prices, Saudi Arabia is expected to partially list Saudi Aramco, estimated to be worth between USD2 trillion and USD3 trillion, in what could be the world’s largest-ever initial public offering, targeted for 2018.

Petronas had earlier said the refinery and petrochemical development would cost some USD12.7 billion while related facilities, ranging from raw-water supply to a liquefied natural gas regasification terminal, would cost another USD8.6 billion. - FMT
"

"The car that runs on FRESH AIR: It hits 111mph and only water comes out the exhaust... no it's not science fiction and you can buy it here soon (if you can afford it)

By GUY WALTERS FOR THE DAILY MAIL

PUBLISHED: 00:37 GMT, 9 May 2015 | UPDATED: 16:36 GMT, 9 May 2015

Just imagine that instead of spewing out a noxious mixture of carbon dioxide, carbon monoxide, hydrocarbons, benzene and particulates, your car’s exhaust emitted only water. Yes, that’s right, just good old H2O, in a form so pure you could drink it.

It might sound like science fiction, but it is in fact reality, in the form of a new car that will appear on our streets later this year called the Toyota Mirai.

Instead of being filled up with petrol or diesel, the Mirai (the word is Japanese for ‘future’) is powered by the most common element in the universe — hydrogen.

The gas is inserted into the car’s tank just as you might use a petrol pump, and then, through the wonders of a fuel cell — which produces a chemical reaction between the hydrogen and oxygen in the air — it is converted into electricity, which in turn powers the car.

Incredibly, the only by-product of this process is water.


Gas is inserted into the car’s tank just as you might use a petrol pump, and then, through the wonders of a fuel cell — which produces a chemical reaction between the hydrogen and oxygen in the air — it is converted into electricity, which in turn powers the car

Cynical petrolheads will doubtless dismiss the Mirai as a gimmick, which, like so many electric cars, probably only has a range of a few miles, and goes no faster than 40 mph. But they’d be wrong, as the Mirai is actually a proper car.

It can hit 111 mph, go from 0-62 mph in 9.6 seconds, and, most importantly of all, has a range of around 300 miles — enough to get you from Watford to Carlisle on a single tank. The ultra-strong carbon-fibre tanks can be filled in around ten minutes.

Of course, if you mention hydrogen as a means to power transportation, many people will think of the Hindenburg, the airship which exploded in a vast ball of flames over New Jersey in 1937.

But there is an extremely low danger of that happening with a hydrogen car, since the fuel cells are encased in tanks that are bulletproof. In fact, you have much more chance of being blown up by a traditional petrol tank in a crash.

So on the surface, it looks like cars such as the Mirai do have the potential to change the world. Next year, Honda will enter the market, and Ford and Nissan are also exploring the technology.

If all motor vehicles ran on hydrogen, then we would remove all the traffic pollution from our cities and streets. And with almost no demand for petrol and diesel, we would no longer be so reliant on oil-producing states in the Middle East.

At a stroke, the whole environment and economy of the planet would be transformed.

Perhaps inevitably, there are snags, as there usually are with rosy visions of the future. The first problem is cost. At the moment, hydrogen cars are seriously expensive. The Mirai, a four-door saloon, is due to go on sale for a whopping £63,104.

The next problem is where you are going to fill it up. You will need to find your nearest hydrogen filling station, and at the moment there are only 12 in the UK, with none further north than Sheffield. Some predict that there will be 65 of these stations by 2020, and it will cost around £65 to fill up.

Of course, questions of cost and infrastructure can always be solved by governments creating incentives — offering buyers grants, and even providing the hydrogen free.

This is already happening in Japan — a country increasingly concerned about its energy policy in the wake of the nuclear disaster at Fukushima.

Its government is heavily subsidising the purchase of hydrogen cars to the tune of £17,000 per buyer per car, as part of a £254 million programme to get 6,000 private hydrogen vehicles on the road by 2020.

Meanwhile, in the U.S., the California Energy Commission has pledged £130 million to provide nearly 70 hydrogen stations by the end of the next year.

The Californians are also providing more than £8,000 for those buying hydrogen cars, which takes a considerable chunk out of the cost of the Mirai, which is listed in America at a cheaper price of £37,000.

The car is filled up at a hydrogen refueling station (pictured). Its super-strength tank can be filled in ten minutes and lasts for 300 miles
The cars will be more expensive in Britain for the simple reason that car manufacturers, like tech companies such as Apple, inflate their prices for the UK market because they have learned over time that although we may complain, we are still willing to pay more than customers overseas.

The British Government, for its part, has promised £11 million to help provide a further 15 hydrogen stations in the South-East.

Another issue for these cars is that while hydrogen is found all around us, it is a difficult element to isolate. The most common method is called steam methane reforming, which involves mixing steam and natural gas, heating them to 1,500f and then adding a catalyst, such as nickel, to produce hydrogen and carbon monoxide. Around 95 per cent of the world’s hydrogen is extracted this way.

Unfortunately, this is not a very environmentally friendly process because of those by-products. So, although the hydrogen car itself does not pollute, producing the fuel it needs is a messy business.

As a result, even defenders of hydrogen cars admit that their ‘carbon footprint’ — in other words, how much energy is used and pollution created to make them run — is at best half that of a conventional car, and at worst considerably more than that.

The cars will be more expensive in Britain because manufacturers, have learned over time that although we may complain, we are still willing to pay

Scientists are working on greener methods of isolating hydrogen, such as extracting it from corn husks, or employing wind turbines to power the electrolysis of water, which splits the hydrogen from the oxygen.

At present, neither of these methods are efficient enough to produce enough fuel to power millions of vehicles. Of course, fans of hydrogen cars are adamant that we need to press ahead because our future depends on running motor vehicles that do not heat up the planet.

What those enthusiasts will have to do, however, is establish how to manage the by-products of the cars. Toyota claims that the Mirai only produces 100 millilitres of water per mile.

That may not sound like very much, yet in Britain motor vehicles travel 303 billion miles per year on our roads. That means that if every car was a Mirai, we would be leaking three billion litres of water and water vapour from our vehicles every year.

That’s a lot of H2O — around 12,000 Olympic-sized swimming pools. Of course, water in itself is benign, but not necessarily if it is being leaked onto cold roads. Imagine a motorway with heavy traffic in the midwinter, with each vehicle spilling a litre of water every ten miles. It would turn into an ice rink in minutes. And, if the water is expelled as vapour, then the predictable result would be fog.

In Reykjavik in Iceland, passengers on hydrogen buses have been alarmed by the amount of water vapour that comes out of one bus alone.

So while hydrogen cars do sound enticing in theory, there are caveats which must be overcome if they are to become a commercial proposition any time soon.

It’s possible hydrogen fuel cells will become a success used in, for example, forklift trucks working in enclosed spaces, where petrol or diesel fumes are especially undesirable.

Whether we will all be cruising around in hydrogen-powered family cars in the next decade or so, however, remains to be seen.

http://www.dailymail.co.uk/sciencetech/article-3074298/The-car-runs-FRESH-AIR-hits-111mph-water-comes-exhaust-no-s-not-science-fiction-buy-soon-afford-it.html

Ray Masse's exclusive drive in car that runs on air (related)
WHATEVER NEXT? CARS THAT CAN STOP A HEART ATTACK, READ ROAD SIGNS, AND EVEN TALK TO EACH OTHER

This week, it emerged that Ford has been developing car seats which can detect if the driver is having a heart attack. It is just one aspect of a rapidly developing industry in which internet-connected cars boast a host of new functions.

A people carrier has already been launched that can read and react to speed limit signs. So what else should you expect from the cars of the future?


Fingerprint keys

Those who are always losing their keys will love biometric access to their cars.

Biometrics is the technology that enables devices to identify you by scanning physical features such as your fingerprints or eyeballs.

Already used at passport barriers and on smartphones, there’s little doubt it will appear on cars soon, which means unlocking your motor will be a simple matter of holding a finger against a pad on your car door.

The car could be started the same way, or combined with a retinal scan for extra security.

Talking vehicles

You may find the idea of your car chatting to nearby vehicles unsettling, but vehicle-to-vehicle communication (V2V) is almost here.

The system will enable cars travelling down the same stretch of road to update each other on their location and speed, and to use that information to keep drivers safe. An alarm might sound if a driver several hundred yards ahead slams on their brakes, and your car and its neighbours could automatically slow down to avoid a pile-up.


Self-driving cars

Barely a week passes without mention of a car that can drive itself, such as Google’s prototype two-seater (right).

Although the technology exists for a vehicle to pootle by itself at slow speeds on a simple route, the ability for a vehicle to travel hundreds of miles up in varied conditions is a long way off.

What we are more likely to see are cars driving themselves in specific situations.

Automatic parallel parking will become more common, and it will be possible for cars to drive themselves when they join and exit motorways, by using V2V technology.

Windscreen displays

Although some cars feature basic head-up displays, in which information such as your speed is projected onto the windscreen, this technology will become more sophisticated. Directions from your satnav can be beamed onto the windscreen, so you do not need to take your eyes from the road. Improvements in glass manufacture will also make such images a lot clearer.

In-car adverts

With an increasing number of cars connected to the internet through satnav systems or wi-fi, it will soon be possible for our dashboards to bombard us with adverts, based on our social media profiles and our location.

One can just imagine being nagged electronically to pull up as we drive past a fast-food chain. It’s enough to make you want to buy a bike . . .

Read more: http://www.dailymail.co.uk/sciencetech/article-3074298/The-car-runs-FRESH-AIR-hits-111mph-water-comes-exhaust-no-s-not-science-fiction-buy-soon-afford-it.html#ixzz4OOGR0aZc
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