Green Car Congress

JANUARY 20, 2010

Petrobras’ average oil and natural gas production in Brazil in 2009 was 2,287,457 barrels of oil equivalent (boe), 5.1% Oil production only topped-out at the daily average of 1,970,811 barrels, a 6.3% Abroad, the average oil production was 140,576 barrels per day in 2009, 13.7%

Brazil 170

Brazil 2009 Oil Production 170

Green Car Congress

DECEMBER 24, 2019

ExxonMobil announced an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15 th discovery on the Stabroek Block. Mako-1 encountered approximately 164 feet (50 meters) of a high-quality oil bearing sandstone reservoir. Earlier post.). Earlier post.). The Stabroek Block is 6.6 Krebs, John E.

Guyana 221

Guyana Oil 2019 2009 221

Green Car Congress

JULY 23, 2010

EU biodiesel production increased 16.6% in 2009 to 9 million tonnes, compared to the prior year, according to figures from the European Biodiesel Board (EBB). This increase is well below the increases in production in three of the four prior years (35% in. Despite this lower production increase, the EU remains the.

2009 230

2009 Production 2008 Italy 230

Green Car Congress

DECEMBER 17, 2013

Neste Oil has achieved its long-term target of using only certified palm oil as an input for its renewable diesel (NExBTL) production process. The original target, set in 2009, was that 100% of the raw palm oil used would be certified by the end of 2015.

Oil 231

Oil Waste Renewable 2007 231

Green Car Congress

MARCH 28, 2013

With a capacity of 58,000 bbl/d, its primary products include diesel fuel, jet fuel, heavy fuel oils, and liquefied petroleum gas. Much of the increase in demand has been fueled by the boom in crude oil production from the new wells in the Bakken Formation in North Dakota’s northwest corner.

North Dakota 225

North Dakota Oil Production Diesel 225

Green Car Congress

DECEMBER 22, 2020

The graph below shows the effect of the oil embargo in the early 1980s. From 2002 to 2008, the price of gasoline rose substantially, but then fell sharply in 2009 during the economic recession. Constant dollar values were adjusted by the Gross Domestic Product Implicit Price Deflator.

Gasoline 418

Gasoline Price 2019 2002 418

Green Car Congress

FEBRUARY 5, 2013

Neste Oil has decided to build an isomerization unit at its Porvoo refinery. In addition to its importance for Neste Oil, the new unit represents a major industrial investment nationally in Finland. —Matti Lehmus, Neste Oil’s Executive Vice President, Oil Products and Renewables.

Gasoline 199

Gasoline Oil Finland Production 199

Green Car Congress

JUNE 29, 2012

announced the successful commissioning of its first fully integrated biorefinery (IBR) in Peoria, Illinois, to produce algal oil. With the successful production of algal oil from the integrated facility this month, Solazyme has met its start-up goals for the facility on schedule. Solazyme, Inc. Solazyme, Inc.

Illinois 218

Illinois Oil Renewable Production 218

Green Car Congress

OCTOBER 2, 2019

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

Oil 199

Oil Gas Oil Prices Water 199

Green Car Congress

JUNE 4, 2013

billion, 8-year loan agreement with China Development Bank (CDB) for boosting production at the Sinovensa heavy oil joint venture in the Orinoco belt from 140,000 barrels per day to 330,000 barrels per day by 2016. The Orinoco Oil Belt Assessment Unit of the La Luna?Quercual Venezuela’s PDVSA signed a $4.0-billion, Schenk C.J.,

Venezuela 186

Venezuela Oil China Production 186

Green Car Congress

AUGUST 5, 2016

Under California’s Low Carbon Fuel Standard (LCFS), crude oil producers may generate credits for oil that has been produced using innovative methods and delivered to California refineries for processing. Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity.

Oil 150

Oil Solar California Chevron 150

Green Car Congress

FEBRUARY 5, 2013

The record increase in US crude oil production during 2012 and the significant decline in coal use for domestic electricity generation were reflected in the movement of those two commodities by rail last year, according to the US Energy Information Administration (EIA). Change in number of railcar loads 2011-2012. Click to enlarge.

Coal 210

Coal Oil Production 2012 210

Green Car Congress

JUNE 20, 2011

Repsol and Alliance Oil Company have signed a Memorandum of Understanding to form a joint exploration and production (E&P) venture that will serve as a growth platform for both companies in the Russian Federation, the world’s largest oil and gas producer. Repsol also owns a 74.9%

Russia 210

Russia Oil Saudi Arabia Kazakhstan 210

Green Car Congress

JANUARY 27, 2010

US import levels of crude and products in 2009 lagged prior year levels, with full-year 2009 imports of 11.7 For full-year 2009, crude oil production was up 7% over the prior year, averaging 5.3 December 2009 imports of 10.7 for full-year 2009. million barrels per day. from December 2008.

2009 186

2009 Production 2008 Gasoline 186

Green Car Congress

AUGUST 15, 2011

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. million barrels per day in 2009.

Oil 287

Oil Global Oil-Sands Saudi Arabia 287

Green Car Congress

OCTOBER 23, 2017

According to the US Department of Energy (DOE) Energy Information Administration (EIA), in 2015 total petroleum production exceeded all US transportation sector petroleum consumption. The EIA expects petroleum production to be greater than transportation consumption through 2040.

Transportation 186

Transportation Production Oil 2009 186

Green Car Congress

AUGUST 23, 2014

million barrels per day of crude oil and liquids. The Enbridge Mainline system is the largest conduit of oil into the United States. Enbridge transports 53% of US-bound Canadian production, a figure that accounts for approximately 15% of total US crude oil imports. This will vary based on the type of product transported.

Oil-Sands 339

Oil-Sands Oil Canada United States 339

Green Car Congress

JUNE 23, 2022

He also continued his calls for the oil industry to increase refinery capacity to increase production. An update was due 21 June, but EIA said that data product releases scheduled for this week—20 June 2022—will be delayed as a result of systems issues.) Hence, the importance of increasing crude oil production.

Congress 259

Congress Fuel Tax Tax Fuel 259

Green Car Congress

DECEMBER 21, 2011

Imperial Oil Limited’s board of directors has approved the expansion phase of the Kearl Oil Sands Project, a surface mining operation under construction northeast of Fort McMurray, Alberta. Imperial Oil’s share of the Kearl Oil Sands asset is 71%. —Imperial Oil Chairman, President and CEO Bruce March.

Oil-Sands 210

Oil-Sands Oil 2020 2009 210

Green Car Congress

JUNE 5, 2011

Canadian oil sands & conventional production. Oil sands growth will drive Canadian crude oil production to about 4.7 This is about 401,000 b/d higher than previously forecast, due primarily to the higher conventional production and. The forecast sees oil sands production rising from 1.5

Oil-Sands 199

Oil-Sands 2010 Oil 2016 199

Green Car Congress

AUGUST 17, 2012

Neste Oil and Stora Enso have decided not to progress with their plans to build a commercial-scale biomass-to-liquids plant using a Fischer-Tropsch process with wood biomass feedstock. Cooperation between the two companies has also been very smooth and will continue in the future in the area of other bio-based products. Earlier post.).

Oil 225

Oil Production 2009 2011 225

Green Car Congress

APRIL 13, 2012

The ratio between the spot prices of crude oil and natural gas has been generally increasing since January 2009, but it has climbed rapidly in recent months, according to data from the US Energy Information Administration (EIA). The crude oil-to-natural gas spot price ratio has implications for production and consumption.

Oil 255

Oil Gas Price Oil Prices 255

Green Car Congress

OCTOBER 16, 2015

Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. Light crude oil trapped in rock, such as shale, is called tight oil. for diesel, and 5.1

Oil 150

Oil Gas Emissions Davis 150

Green Car Congress

AUGUST 11, 2015

Under a project to deliver a new generation of green transport fuel, researchers the Islamic Azad University in Iran have produced biodiesel from flixweed seed oil. Alami said experiments with the crop revealed it contained 22% of oil and a fatty acid composition which makes it apt for being turned into a biofuel and biodiesel.

Oil 150

Oil Lithuania Iran Africa 150

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

APRIL 20, 2013

Crude oil imports from the top five foreign suppliers to the United States—which in 2012 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq, in that order—accounted for almost 72% of total US net crude oil imports, the highest proportion since 1997, according to the US Energy Information Administration (EIA).

Saudi Arabia 262

Saudi Arabia Oil Iraq Venezuela 262

Green Car Congress

MARCH 18, 2012

Bitumen production from the Canadian oil sands provides a point of reference that could be used to observe and better manage the land and water impacts of a rapid transition to unconventional fuels, suggests Dr. Sarah Jordaan of the Energy Technology Innovation Policy Research Group, Department of Earth and Planetary Sciences, Harvard University.

Oil-Sands 231

Oil-Sands Water Oil Fuel 231

Green Car Congress

NOVEMBER 22, 2021

In 2009, EMRE launched what it calls a “significant” new program to research and develop advanced biofuels from photosynthetic algae that are compatible with today’s gasoline and diesel fuels. Viridos Inc., The development partnership has continued over the years. —Vijay Swarup, vice president of Research and Development at ExxonMobil.

Commercial 359

Commercial Oil Climate Change 2005 359

Green Car Congress

OCTOBER 18, 2011

a renewable oil and bioproducts company, announced the continuation and expansion of its relationship with Unilever. The two companies have been collaborating since 2009 on the research and development of tailored oils utilizing Solazyme’s technology platform and Unilever’s broad knowledge in the consumer goods space.

Oil 231

Oil Renewable Supplies Personal 231

Green Car Congress

NOVEMBER 14, 2012

Through the swap, BASF aims to further expand its production of oil and gas via its wholly owned subsidiary Wintershall —Germany’s largest internationally active crude oil and natural gas producer—and to exit the gas trading and storage business. billion barrel of oil equivalent.

Gas 218

Gas Oil Production Russia 218

Green Car Congress

DECEMBER 10, 2013

one of the world leaders in algae-based “Green Crude” oil production, and Phillips 66, an integrated energy manufacturing and logistics company, have entered a strategic joint development agreement aimed at taking production of algae crude oil a significant step toward commercialization.

Oil 199

Oil Energy San Diego Columbus 199

Green Car Congress

MAY 8, 2010

Brazil’s Petrobras set a new monthly oil production record in April. The month’s average topped-out at 2,032,620 barrels per day, exceeding the previous monthly record, of 2,003,940 barrels per day, set in September 2009, by 29,000 barrels. Oil production. Launch ceremony for the first Promef Suezmax tanker.

Oil 186

Oil Brazil Production 2004 186

Green Car Congress

MAY 21, 2010

Growth of production of Canadian oil sands. The Canadian oil sands are now poised to become the number one source of US crude oil imports in 2010, according to new research from the IHS CERA Canadian Oil Sands Dialogue. The Role of Canadian Oil Sands in US Oil Supply”. Conventional oil uses 0.1

Oil-Sands 186

Oil-Sands Oil 2010 Production 186

Green Car Congress

SEPTEMBER 20, 2011

Neste Oil has successfully started up Europe’s largest renewable diesel plant in Rotterdam in the Netherlands. Production of NExBTL renewable diesel at the new plant—the company’s fourth—will be ramped up on a phased basis. The plant was completed on-schedule and on-budget.

Renewable 239

Renewable Oil Diesel Europe 239

Green Car Congress

APRIL 18, 2020

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 Most commercial vehicle factories in mainland China have returned to production. million units, in the wake of the COVID-19 pandemic. decline in global real GDP in 2020.

2020 191

2020 Commercial Global Production 191

Green Car Congress

JULY 20, 2010

Marathon Oil Corporation announced that its Droshky development in the deepwater Gulf of Mexico has begun production on time and under budget. This marks the first new deepwater production since the Obama Administration halted drilling after the Deepwater Horizon accident.

Mexico 307

Mexico Oil Obama 2009 307

Green Car Congress

MARCH 16, 2011

The NextGen line of oils, with 50% recycled oil, will include conventional, synthetic blend and high mileage offerings. Valvoline, a leading independent marketer of motor oil, has introduced its NextGen line of motor oils, featuring the inclusion of 50% recycled base oil. Click to enlarge.

Oil 210

Oil Motor Motors Motoring 210