article thumbnail

New USGS oil and gas assessment for Bakken and Three Forks formations boosts estimates of recoverable oil two-fold, natural gas three-fold

Green Car Congress

The United States Geological Survey (USGS) released an updated oil and gas resource assessment for the Bakken Formation and a new assessment for the Three Forks Formation in North Dakota, South Dakota and Montana, resulting in a two-fold increase in the estimated technically recoverable oil, and a three-fold increase in estimated natural gas.

Oil 257
article thumbnail

BTG and GoodFuels exploring options for joint investment to convert pyrolysis oil to low-carbon fuel for ships

Green Car Congress

Biomass technology group BTG plans to set up a new high-tech technology company that can convert crude pyrolysis oil into diesel fuel suitable for the shipping sector. It will be the first refinery in the world for an advanced marine biofuel based on pyrolysis oil.

Oil 186
article thumbnail

Peugeot to show 2008 HYbrid Air at Geneva show; more detail on operation

Green Car Congress

Peugeot 2008 HYbrid Air. Like its group partner Citroën ( earlier post ), Peugeot will display an application of the new Hybrid Air technology ( earlier post )—the 2008 HYbrid Air—at the upcoming Geneva show. The energy tank can be seen in the central tunnel, and the low-pressure tank at the rear. Click to enlarge.

2008 291
article thumbnail

WRI: global oil consumption hits all-time high

Green Car Congress

between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% About one third of this growth came from China, which now uses more than 10% of the world’s oil. of total oil consumption in 2010. of total oil consumption in 2010. After falling 1.5% million barrels per day in 2009.

Oil 287
article thumbnail

HEET to conduct first Boeing-COMAC Technology Center aviation biofuel research project focused on waste cooking oil

Green Car Congress

HEET, a company with experience developing alternative energy technologies, will focus on ways to convert discarded cooking oil into a component of sustainable aviation biofuel at the Boeing-COMAC Aviation Energy Conservation and Emissions Reductions Technology Center. COMAC was held on May 11th, 2008.

Waste 218
article thumbnail

Study finds that switch to heavy and synthetic crude oils could double or triple refinery emissions

Green Car Congress

Increasing crude processing intensity and energy intensity with worsening oil quality. OQ: Crude feed oil quality. Observations are annual weighted averages for districts 1 (yellow), 2 (blue), 3 (orange), and 5 (black) in 1999-2008. PI: Crude processing intensity. EI: Refinery energy intensity. Credit: ACS, Karras et al.

Oil 287
article thumbnail

Ford Researchers Develop Formula for Using Soy Oil in Rubber Automotive Parts

Green Car Congress

Ford Motor Company’s biomaterial researchers have engineered a patent-pending formula to use renewable soy oil to improve rubber car parts. By using renewable soy oil as a 25% replacement for petroleum oil, Ford researchers more than doubled rubber’s stretchability and reduced its environmental impact.

Oil 225