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Petrobras CEO says company will grow production to 5.7 mboe/day by 2020

Green Car Congress

Speaking at the Offshore Technology Conference (OTC) in Houston , Petrobras CEO Maria das Graças Silva Foster said that the Brazilian oil and gas company’s reserves will double in size by 2020. million barrels of oil equivalent (oil and natural gas) per day in 2012, is expected to reach 5.7 per year since 2000 and reached US$42.9

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USGS new estimates of global undiscovered, technically recoverable conventional oil and natural gas, excluding US

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USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of the world. Many new areas were included in the current study, defining and assessing 313 assessment units throughout the world, as compared to 246 in 2000. Geological Survey (USGS) released today.

Oil 218
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Petrobras directing supercomputer capacity to Folding@home Project effort on coronavirus

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Launched in 2000, the Folding@home project is a distributed computing project for simulating protein dynamics, including the process of protein folding and the movements of proteins implicated in a variety of diseases. It brings together citizen scientists who volunteer to run simulations of protein dynamics on their personal computers.

Brazil 355
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OECD-FAO Agricultural Outlook projects global ethanol production to increase 67% over next 10 years to 44B gallons

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By 2022, biofuel production is projected to consume a significant amount of the total world production of sugar cane (28%), vegetable oils (15%) and coarse grains (12%). Global ethanol production has fallen in calendar year 2012 for the first time since 2000, due to declines in the United States and in Brazil.

Brazil 247
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PBL/JRC: Global CO2 emissions increase to new all-time record in 2013, but growth is slowing down

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Sharp risers include Brazil (+ 6.2%), India (+ 4.4%), China (+ 4.2%) and Indonesia (+2.3%). The consumption of oil products increased by 1.7% According to national statistics, in 2013 total oil consumption in transport increased somewhat by 0.5%, relative to 2012 levels. billion tonnes (Gt). in 2013 and 3.4%

2013 240
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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. Global fossil oil consumption increased by about 2.9%

2011 236
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Smith School lifecycle study highlights importance for algae-derived biodiesel of co-product utilization and optimizing and decarbonizing every step of the supply chain

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Since it is most likely that within the next decades the share of transport fuels from energy intensive unconventional oil resources will increase, the production of advanced biofuels from microalgae can only be a viable renewable fuel source if the energy intensity of the process can be managed and lowered accordingly. tons/ha/year).

Oil-Sands 236