• 30 mins Venezuela Officially In Default
  • 3 hours Iran Prepares To Export LNG To Boost Trade Relations
  • 5 hours Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 11 hours Saudi Oil Minister: Markets Will Not Rebalance By March
  • 16 hours Obscure Dutch Firm Wins Venezuelan Oil Block As Debt Tensions Mount
  • 20 hours Rosneft Announces Completion Of World’s Longest Well
  • 22 hours Ecuador Won’t Ask Exemption From OPEC Oil Production Cuts
  • 1 day Norway’s $1 Trillion Wealth Fund Proposes To Ditch Oil Stocks
  • 1 day Ecuador Seeks To Clear Schlumberger Debt By End-November
  • 1 day Santos Admits It Rejected $7.2B Takeover Bid
  • 1 day U.S. Senate Panel Votes To Open Alaskan Refuge To Drilling
  • 2 days Africa’s Richest Woman Fired From Sonangol
  • 2 days Oil And Gas M&A Deal Appetite Highest Since 2013
  • 2 days Russian Hackers Target British Energy Industry
  • 2 days Venezuela Signs $3.15B Debt Restructuring Deal With Russia
  • 2 days DOJ: Protestors Interfering With Pipeline Construction Will Be Prosecuted
  • 2 days Lower Oil Prices Benefit European Refiners
  • 2 days World’s Biggest Private Equity Firm Raises $1 Billion To Invest In Oil
  • 3 days Oil Prices Tank After API Reports Strong Build In Crude Inventories
  • 3 days Iraq Oil Revenue Not Enough For Sustainable Development
  • 3 days Sudan In Talks With Foreign Oil Firms To Boost Crude Production
  • 3 days Shell: Four Oil Platforms Shut In Gulf Of Mexico After Fire
  • 3 days OPEC To Recruit New Members To Fight Market Imbalance
  • 3 days Green Groups Want Norway’s Arctic Oil Drilling Licenses Canceled
  • 3 days Venezuelan Oil Output Drops To Lowest In 28 Years
  • 4 days Shale Production Rises By 80,000 BPD In Latest EIA Forecasts
  • 4 days GE Considers Selling Baker Hughes Assets
  • 4 days Eni To Address Barents Sea Regulatory Breaches By Dec 11
  • 4 days Saudi Aramco To Invest $300 Billion In Upstream Projects
  • 4 days Aramco To List Shares In Hong Kong ‘For Sure’
  • 4 days BP CEO Sees Venezuela As Oil’s Wildcard
  • 4 days Iran Denies Involvement In Bahrain Oil Pipeline Blast
  • 7 days The Oil Rig Drilling 10 Miles Under The Sea
  • 7 days Baghdad Agrees To Ship Kirkuk Oil To Iran
  • 7 days Another Group Joins Niger Delta Avengers’ Ceasefire Boycott
  • 7 days Italy Looks To Phase Out Coal-Fired Electricity By 2025
  • 7 days Kenya Set To Give Local Communities Greater Share Of Oil Revenues
  • 7 days Rosneft, China To Deepen Strategic Cooperation
  • 7 days New York Listing Unlikely For Aramco IPO
  • 7 days China To Invest $83B In U.S. Shale

Breaking News:

Venezuela Officially In Default

Oil Prices Nosedive On Bearish IEA Report

Oil Prices Nosedive On Bearish IEA Report

Oil prices are cratering after…

Chinese Crude Inventories Fall For First Time In 12 Months

Chinese Crude Inventories Fall For First Time In 12 Months

Chinese crude oil inventories have…

Smart Sponge Holds the Key to Cleaning Fracking Water

Smart Sponge Holds the Key to Cleaning Fracking Water

At the recent World Shale Oil & Gas Summit, Abtech Holdings Glenn Rink was handed the award for the best technology innovator of 2012. Their amazing technology? A sponge.

Fracking is massively water intensive and one of the main problems is cleaning the contaminated water after it has been used. Each well requires millions of gallons of water mixed with chemicals in order to break open the shale and allow the oil and gas to flow. When the water returns to the surface it is highly polluted with chemicals, petroleum liquids, metals, and other debris.

Current technologies use skimmers, centrifuges, and reverse osmosis to clean the water, yet they are not perfect, and the water still remains too polluted to be used in the fracking process again, or to be released back into the water table.

Abtech’s ‘Smart Sponge’ seems to hold the solution. The sponge is made in a process which makes the plastic structure highly oleophilic yet hydrophobic. This means that the sponge does not soak up any water at all, yet absorbs as much oil as possible. In fact it is so oleophilic that it can soak up three pounds of oil for every pound of sponge, and in such a way that the hydrocarbon molecules chemically bond with the sponge and are not released.

RELATED: Big Oil Funding U.S. Politics

The fact that every pound of Smart Sponge will hold three pounds of oil means that the used sponges become solid sources of fuel. Abtech is now in the process of developing generators which will use these oil saturated sponges as fuel, rather than the traditional diesel.

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage

Leave a comment
  • Hans Nieder on September 24 2012 said:
    Very interesting read, Mr Kennedy...
    I wish the company great success with this product...

    http://video.google.com/videoplay?docid=4081775891246754549

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News