Green Car Congress

DECEMBER 25, 2010

China has exempted consumption taxes on pure biodiesel made from waste animal fats or vegetable oils. 2009 and taxes already paid will be refunded, according to the Ministry of Finance (MOF) and the State Administration of Taxation. The new policy is effective from 1 Jan. dollars) per tonne.

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2009 Tax China Waste 231

Green Car Congress

DECEMBER 25, 2012

The United States has at least 2,400 billion metric tons of possible carbon dioxide storage resource in saline formations, oil and gas reservoirs, and unmineable coal seams, according to a new US Department of Energy (DOE) publication.

Carbon 250

Carbon CO2 United States Climate Change 250

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%. billion barrel resource. billion (US$10.6

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Oil-Sands Oil 2020 2009 210

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

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

SEPTEMBER 14, 2011

million to address short- and long-term challenges facing the growing worldwide unconventional oil and gas industry. According to the US Energy Information Administration, shale gas, tight gas,and coalbed methane accounted for 50% of US production in 2009 and are expected to account for 75% of production by 2035.

Austin 250

Austin Gas Texas Universal 250

Green Car Congress

JANUARY 19, 2012

Argentina and Venezuela will form a joint venture targeting production of 100,000 barrels of extra-heavy oil per day in the Junin field area of the Orinoco Oil Belt. The US Geological Survey (USGS) characterizes extra-heavy oil as having an API gravity of less than 10°. billion project will also include a refinery. Source: EIA.

Venezuela 210

Venezuela Argentina Oil Oil-Sands 210

Green Car Congress

FEBRUARY 4, 2012

The US Bureau of Land Management (BLM) has published the Notice of Availability (NOA) of the Draft Programmatic Environmental Impact Statement (PEIS) and Possible Land Use Amendments for Allocation of Oil Shale and Tar Sands Resources on Lands Administered by the BLM in Colorado, Utah and Wyoming.

Oil-Sands 252

Oil-Sands Oil Available Commercial 252

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

FEBRUARY 8, 2011

The US Department of Energy (DOE) plans to leverage oil and gas expertise to test the reliability and efficiency of geothermal power generation at oil and gas fields. Leveraging existing oil and gas infrastructure reduces the upfront costs of geothermal development. million homes a year from these resources by 2020.

Energy 210

Energy Wyoming Oil Water 210

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. At a final development cost of less than $900 million, the initial stage of development is expected to produce 35 million of the estimated 60 million barrels of oil equivalent (boe) net resource.

Mexico 307

Mexico Oil Obama 2009 307

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. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.

Oil 150

Oil Gas Emissions Davis 150

Green Car Congress

DECEMBER 17, 2010

The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. quadrillion Btu in 2009 to 31.8 quadrillion Btu in 2009 to 18.4

Gas 199

Gas 2011 Price Energy 199

Green Car Congress

APRIL 10, 2013

An innovative oil-upgrading technology that can increase the economics of unconventional petroleum resources has been developed under a US Department of Energy-funded project. In the case of oil sands bitumen, the API gravity is increased from 8 API to more than 20 API, eliminating the need for diluent for pipeline transportation.

Sodium 199

Sodium Oil-Sands Oil Molten Salt 199

Green Car Congress

JULY 2, 2010

Despite the continued economic crisis, global emissions of carbon dioxide, the main greenhouse gas, have remained constant in 2009 as strong increases in CO 2 emissions from fast-growing developing countries such as China and India, have completely nullified CO 2 emission reductions in the industrialized world. In India the emissions were 1.4

2009 199

2009 India Emissions Global 199

Green Car Congress

DECEMBER 28, 2011

Athabasca Oil Sands Corp. AOSC) announced that the Alberta Energy Resources Conservation Board and Alberta Environment and Water has issued full regulatory approval for the MacKay River commercial oil sands project to MacKay Operating Corp. The company was formed to operate the jointly owned MacKay River oil sands leases.

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Oil-Sands Oil Commercial Companies 199

Green Car Congress

NOVEMBER 23, 2010

Italy-based oil and gas major Eni and PDVSA (Petróleos de Venezuela), the state-owned oil and gas corporation of the Bolivarian Republic of Venezuela, signed contracts for the creation of two joint ventures (Empresas Mixtas, Mixed Enterprises). billion barrels of oil equivalent). Geological Survey Fact Sheet 2009–3028, 4 p.

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Venezuela Oil 2009 Gas 218

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

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

AUGUST 16, 2009

Pakistan State Oil (PSO) has introduced a 10% ethanol blend gasoline (E10) in Karachi. The country’s first ethanol outlet opened in Islamabad in July 2009. E10 is part of the government’s strategy to promote alternate energy resources. PSO will also open an E10 outlet in Lahore. The ethanol used is produced from molasses.

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Gasoline Oil Pakistan 2009 199

Green Car Congress

MAY 19, 2011

The US Geological Survey will update its 2008 estimate of undiscovered, technically recoverable oil and gas in the US portion of the Bakken Formation, an important domestic petroleum resource located in North Dakota and Montana. Unconventional resources require special technical drilling and recovery methods. billion barrels.

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North Dakota Oil Montana 2008 186

Green Car Congress

APRIL 29, 2010

has formed the $10-million “Patriot’s Oil Shale Technology Fund L.P.”, to complete funding of the Phase 1 construction of a full-scale prototype oil shale plant under construction in Rock Springs, Wyoming. General Synfuels International (GSI), a subsidiary of Earth Search Sciences, Inc., Earlier post.).

Oil 186

Oil Oil-Sands Wyoming Colorado 186

Green Car Congress

SEPTEMBER 2, 2010

in 2009, the first decrease recorded this decade, according to an addendum to an earlier study outlining a method for updating global fossil fuel carbon dioxide emissions published in the journal Environmental Research Letters. In contrast to many other countries, China and India increased their emissions in 2009. Resources.

Stimulus Package 210

Stimulus Package 2009 India Emissions 210

Green Car Congress

JANUARY 16, 2012

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012.

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El Paso 2011 Oil Gas 225

Green Car Congress

MARCH 27, 2010

Sustainable Oils, a producer of renewable, low carbon and domestically produced camelina-based fuels, provided the hydrotreated renewable jet (HRJ) fuel used to create the 50-50 HRJ8-JP8 blend used in an all-engine biofuel flight test in a US Air Force A-10C Thunderbolt II. The Air Force is committed to reducing our reliance on foreign oil.

Oil 218

Oil Fuel Engine 2009 218

Green Car Congress

AUGUST 12, 2009

In its current version of the Short Term Energy Outlook ( STEO ), the US Energy Information Administration projects a 5% decline in fossil-fuel-based CO 2 emissions in 2009. The STEO projects that petroleum CO 2 emissions will decline by 4% in 2009, primarily due to declines in transportation sector consumption. Click to enlarge.

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2009 Emissions Gasoline Coal 220

Green Car Congress

NOVEMBER 14, 2022

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. to 0.6%], potentially only the third such decline since 1990 (the others in 2009 and 2020). CO 2 emissions from oil use are expected to grow 2.2% [0.9% CO 2 emissions from oil use are expected to grow 2.2% [0.9% for oil, 1.1%

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Global Emissions Carbon Coal 221

Green Car Congress

JUNE 8, 2011

Exxon Mobil Corporation announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the company’s first post-moratorium deepwater exploration well. The KC919-3 wildcat well confirmed the presence of a second oil accumulation in Keathley Canyon block 919. Graphic: Business Wire).

Mexico 186

Mexico Oil Water Gas 186

Green Car Congress

JANUARY 13, 2011

The results of nearly four decades of oil and natural gas research supported by the US Department of Energy (DOE) are now available through the Society of Petroleum Engineers (SPE) OnePetro online document repository. The KMD debuted at the SPE Annual Technical Conference and Exhibition in October 2009.

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Oil Gas 2009 2010 218

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

JUNE 26, 2015

In a new, comprehensive study, a team from Argonne National Laboratory, Stanford University and UC Davis ITS has estimated the well-to-wheels (WTW) GHG emissions of US production of gasoline and diesel sourced from Canadian oil sands. g CO 2 e/MJ for US conventional crude oil recovery. This range can be compared to ∼4.4

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Oil-Sands Oil Gasoline Emissions 150

Green Car Congress

OCTOBER 2, 2009

The US Department of Energy (DOE) plans to introduce a new, user-friendly online repository of oil and natural gas research results at the Society of Petroleum Engineers’ Annual Technical Conference and Exhibition, to be held in New Orleans, La., 4-7 October 2009. Knowledge Management Database (KMD) Portal.

Oil 199

Oil Gas 2009 Energy 199

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

OCTOBER 26, 2009

A team at China’s Southeast University in Nanjing is developing a process to improve the thermal stability and heating value of bio-oil produced using catalytic fast pyrolysis. The hydrocarbons increased with the increase of the catalyst percentages, and this contributed to the decrease of the oxygen content of the bio-oil.

Oil 210

Oil 2009 Water Convert 210

Green Car Congress

MARCH 9, 2011

a renewable oils and bioproducts company, has executed a joint development agreement (JDA) and a letter of intent (LOI) with The Dow Chemical Company to advance the development of Solazyme’s algal oils for use in next-generation, bio-based dielectric insulating fluids key to transformers and other electrical applications.

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Oil 2009 2013 2015 231

Green Car Congress

JUNE 18, 2010

Suncor Energy has received conditional approval for its oil sands fluid tailings management plan from Alberta’s Energy Resources Conservation Board ( ERCB ). Tailings are a mixture of fine clay, sands, water and residual bitumen produced through the oil sands extraction process, and are held in massive “ponds”. Click to enlarge.

Oil-Sands 210

Oil-Sands Oil Energy Canada 210

Green Car Congress

MAY 28, 2010

Shell has agreed to acquire subsidiaries which own substantially all of the business of East Resources, Inc. billion, from East Resources, its private equity investor, Kohlberg Kravis Roberts & Co. East Resources is a privately-owned business with its primary activity focused on the Marcellus shale, in the northeastern US.

Gas 186

Gas North America Texas Wyoming 186