Originally published January 20 2006
Auto industry explores ways to extract carbon dioxide from factories into order to revitalize old oil refineries
by Mike Adams, the Health Ranger, NaturalNews Editor
Exploring a new technology, Mitsubishi Heavy Industries Ltd. will begin extracting carbon dioxide from power plants in the Middle East and using it in a process called "CO2-Enhanced Oil Recovery" technology.
Japan's Mitsubishi Heavy Industries Ltd. (7011.TO) said Tuesday it will conduct a feasibility study together with Royal Dutch Shell Plc.
on a project to recover carbon dioxide from factories and power generation plants in the Middle East.
Under the cooperation agreement, the two firms will also study the feasibility of the promotion of the technology under which extracted carbon dioxide can be injected into aging oil reservoirs to improve oil production efficiency, Mitsubishi Heavy said.
Using what is called "CO2-Enhanced Oil Recovery" technology, the two firms aim to boost oil output, particularly from aging oil wells, by injecting carbon dioxide into the wells.
Akira Oguchi, manager of the enhanced oil recovery project group of Mitsubishi Heavy, said: "Injecting as much as one ton of carbon dioxide could increase output of oil by four barrels to five barrels."
Mitsubishi Heavy emphasized the technology will improve oil production efficiency and help trim emissions of carbon dioxide, which is considered one of the global warming gases, from manufacturing plants and power generators.
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