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Annual petroleum production in the US more than doubled from 2008 to 2018

Green Car Congress

Annual petroleum production in the United States doubled from 6.8 million barrels per day (mmbd) in 2008 to 15.3 Record levels of production began when the 11.8 Note: Petroleum includes crude oil and natural gas liquids. mmbd in 2018, according to the US Department of Energy (DOE). mmbd from 1970. Source: U.S.

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8 Rivers announces 8RH2 CO2 Convective Reformer for ultra-low carbon hydrogen production from natural gas

Green Car Congress

8 Rivers Capital announced the development of the 8RH2 CO 2 Convective Reformer—a technology for the production of ultra-low carbon hydrogen from natural gas. The only by-products are liquid water and a stream of high-purity, pipeline-ready CO 2. Clean Power: transformative zero-emissions power cycles.

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EIA: high prices for natural gas this winter as global consumption remains high and inventories low

Green Car Congress

The US Energy Information Administration (EIA) expects higher-than-average natural gas prices globally as demand remains high this winter in the United States, Europe, and Asia, and inventories remain low. That price will be the highest inflation-adjusted monthly average price since 2008. —EIA Administrator Joe DeCarolis.

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DOE to award up to $88M for oil and natural gas recovery research

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The Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs). In addition, proved reserves of natural gas resources reached 464.3

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Petrobras’ June oil production in Brazil up 1.7% exceeding 2M bpd; gas production reaches record

Green Car Congress

Petrobras’s June oil production in Brazil averaged 2,008 thousand barrels/day (bpd), up 1.7% from May’s production of 1,975 thousand bpd. Including the production operated by Petrobras for its partners in Brazil, the volume reached 2,135 thousand bpd, up 2.1% from last month’s production of 2,092 thousand bpd.

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Market Update: How Battery Pack Costs Declined Since 2008

Blink Charging

The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh. By keeping these manufacturing jobs in the U.S.,

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