Green Car Congress

JUNE 5, 2011

Canadian oil sands & conventional production. Oil sands growth will drive Canadian crude oil production to about 4.7 million bpd in 2010—a 67% increase— according to the latest forecast from the Canadian Association of Petroleum Producers (CAPP). The forecast sees oil sands production rising from 1.5

Oil-Sands 199

Oil-Sands 2010 Oil 2016 199

Green Car Congress

APRIL 27, 2012

Mha (20%) of the peatlands of Peninsular Malaysia, Sumatra and Borneo in 2010, surpassing the area of Belgium and causing an annual carbon emission from peat decomposition of 230–310 Mt CO 2 e. Slightly more than half of the GHG emissions for these biofuels in the EPA’s analysis came from land use change. Earlier post.). —Dr.

Oil-Sands 314

Oil-Sands Oil Emissions Climate 314

Green Car Congress

SEPTEMBER 20, 2011

EPA Region 10 has issued final air quality permits to Shell for oil and gas exploration drilling in the Alaska Arctic. EPA Region 10 issued similar OCS/PSD air permits to Shell in 2010. These reductions are largely due to new emissions controls Shell added to meet the new nitrogen dioxide standard that went into effect in 2011.

EPA 186

EPA 2010 Oil Fleet 186

Green Car Congress

FEBRUARY 4, 2012

Imperial Oil Limited has approved a $2 billion expansion of the company’s Cold Lake in situ oil sands operation in northeastern Alberta. Amended regulatory approvals were obtained in 2010 to improve the environmental performance of the Nabiye expansion.

Oil-Sands 210

Oil-Sands Oil 2004 Canada 210

Green Car Congress

JULY 17, 2011

Petrobras’ oil and natural gas output in Brazil was 2,407,366 barrels of oil equivalent per day (boed) in June, 4% more than the 2,315,117 barrels produced a year earlier and a 2% increase over May 2011. more than the same month in 2010, and 0.7% more than the same month in 2010, and 0.7% over June 2010.

Brazil 231

Brazil Oil Gas Nigeria 231

Green Car Congress

AUGUST 29, 2012

Neste Oil plans to use yeast and fungi to convert waste into oil for NExBTL feedstock. Neste Oil has completed the first phase of its project to build a pilot plant for producing microbial oil for use as a feedstock for NExBTL renewable diesel. 8 million (US$10 million) by Neste Oil. Click to enlarge. Earlier post.)

Oil 231

Oil Renewable Diesel Waste 231

Green Car Congress

MAY 24, 2012

gigatonnes (Gt) in 2011, according to preliminary estimates from the International Energy Agency (IEA). Gt on 2010, or 3.2%. Coal accounted for 45% of total energy-related CO 2 emissions in 2011, followed by oil (35%) and natural gas (20%). Gt above 2011 levels. Gt above 2011 levels. In 2011, a 6.1%

2011 230

2011 Global Emissions CO2 230

Green Car Congress

MARCH 21, 2014

The 2010 baseline Crude Average CI value is 11.39 The Board approved revisions to the Low Carbon Fuel Standard in 2011, which became effective on 26 November 2012, and were implemented by ARB on 1 January 2013. All crude oil produced in and offshore of California is assumed to be refined in California. 2,925,958 barrels.

2012 220

2012 California Carbon 2010 220

Green Car Congress

DECEMBER 31, 2011

million bbl/d in 2009-2010. Flows through the Strait in 2011 were roughly 35 percent of all seaborne traded oil, or almost 20 percent of oil traded worldwide. ”. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits. million bbl/d was crude oil.

Oil 297

Oil Panama Saudi Arabia United Arab Emirates 297

Green Car Congress

OCTOBER 1, 2014

Within that, reported methane emissions from the sector decreased by 12% since 2011, with the largest reductions coming from hydraulically fractured natural gas wells, which have decreased by 73% during that period, according to the data. Power plant emissions have declined by 9.8% from the previous year.

2013 268

2013 EPA 2011 Emissions 268

Green Car Congress

MARCH 29, 2011

Dynamotive Energy Systems Corporation and IFP Energies Nouvelles (IFPEN) have extended their Memorandum of Understanding to cooperate in the field of pyrolysis oil upgrading with the aim to produce second generation biofuels, announced in June 2010 ( earlier post ) to July 2011. The process is patent pending.

Oil 186

Oil Fuel Energy 2010 186

Green Car Congress

APRIL 7, 2010

The US Energy Information Administration (EIA) estimates in the April 2010 release of its Short-Term Energy and Summer Fuels Outlook that CO 2 emissions from fossil fuels, which declined by 6.6% in 2010 and 1.1% in 2011 as economic growth fuels higher energy consumption. EIA projects that world oil consumption will grow by 1.5

2008 186

2008 2010 Emissions Fuel 186

Green Car Congress

AUGUST 23, 2011

China’s apparent oil demand in July increased to 38.29 million barrels per day (b/d), as oil consumption appeared to have recovered after seasonal refinery maintenance, according to an analysis of recent Chinese government statistics by Platts. million mt of crude oil, or an average of 8.86 million b/d and 6.2% million mt.

Oil 186

Oil China Chinese Maintenance 186

Green Car Congress

MARCH 8, 2011

Neste Oil celebrated the grand opening of its ISCC-certified renewable diesel plant in Singapore. The start-up of the Singapore plant, which produces NExBTL renewable diesel, took place in November 2010; production at the world’s largest renewable diesel plant has run smoothly since.

Singapore 186

Singapore Oil Renewable Diesel 186

Green Car Congress

JANUARY 4, 2012

Maersk Oil and other partners declared the Azul-1 deepwater exploration well, located in Block 23 in the Kwanza Basin, a discovery well. The condition of the well prevented an assessment of flow capacity by a conventional test; this was performed as a mini-Drill Stem Test that enabled the recovery of two good quality oil samples.

Angola 199

Angola Oil Algeria Kazakhstan 199

Green Car Congress

JUNE 13, 2012

in 2011, close to the historical average. Oil remains the world’s leading fuel, but its 33.1% in 2011, broadly in line with the historical average but well below the 5.1% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. World primary energy consumption grew by 2.5% Source: BP.

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

NOVEMBER 23, 2010

Statoil has agreed to sell a 40% interest in its oil sands project in Alberta, Canada (Kai Kos Dehseh) to PTT Exploration and Production (PTTEP) of Thailand. The effective date of the transaction is 1 January, 2011. Future development of the oil sands leases will proceed in a stepwise manner.

Oil-Sands 273

Oil-Sands Thailand Oil Canada 273

Green Car Congress

JUNE 6, 2011

TransCanada Corporation said that its 590,000 barrel-per-day (bpd) capacity Keystone Pipeline system resumed transporting oil sands crude on Sunday, 5 June, after a shutdown 29 May following an above-ground spill at a pump station in Kansas involving less than 10 barrels of oil. Click to enlarge. Earlier post.)

Oil-Sands 218

Oil-Sands Oil North Dakota Oklahoma 218

Green Car Congress

APRIL 3, 2012

Solazyme produces tailored oils using heterotrophic algae grown in industrial fermenters. Algae-based renewable oil company Solazyme, Inc. Algae-based renewable oil company Solazyme, Inc. will have an expected annual production capacity of 100,000 metric tons of oil. Source: Solazyme. Click to enlarge. Earlier post.).

Brazil 210

Brazil Oil Renewable Commercial 210

Green Car Congress

APRIL 12, 2010

The transaction is anticipated to close in the third quarter of 2010 once Canadian and Chinese government approvals are obtained. Approximately half of the assets are to be sold in 2010 with the remainder in 2011, and a portion of the proceeds will be used to reduce debt to targeted levels.

Oil-Sands 218

Oil-Sands Oil 2010 2007 218

Green Car Congress

DECEMBER 19, 2011

Neste Oil celebrated the grand opening of its NExBTL renewable diesel refinery in the Port of Rotterdam. The start-up of the Rotterdam refinery took place in September 2011. The facility is capable of using Neste Oil’s wide feedstock base consisting of a variety of vegetable oils, by-products of vegetable oil refining (e.g.

Oil 199

Oil Renewable Diesel Waste 199

Green Car Congress

SEPTEMBER 7, 2011

Chevron Corporation announced a new oil discovery at the Moccasin prospect in the deepwater US Gulf of Mexico. Chevron began drilling the Moccasin well in March 2010. That activity was stopped in June 2010 when the US government imposed a moratorium on deepwater drilling in the Gulf of Mexico following the I disaster.

Chevron 199

Chevron Mexico Oil Oil-Sands 199

Green Car Congress

MAY 25, 2011

The Iraq State Company for Oil Projects (SCOP), under the Ministry of Oil for Iraq, has selected Honeywell’s UOP to provide key technologies to process 300,000 barrels per day (bpd) of domestic crude oil into gasoline and diesel fuel at a new refinery in Nassiriya, Iraq. Design will begin in the second quarter of 2011.

Iraq 186

Iraq Oil Gasoline 2010 186

Green Car Congress

SEPTEMBER 7, 2011

UK Energy Minister, Charles Hendry MP, unveiled a well-capping device developed by the Oil Spill Prevention and Response Advisory Group (OSPRAG) at the SPE Offshore Europe 2011 conference in Aberdeen. The OSPRAG well-capping device. Click to enlarge. Capping device key facts.

Oil 218

Oil United Kingdom Water 2010 218

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. China had originally agreed to the $6 billion in loans in late 2011. The Orinoco Oil Belt Assessment Unit of the La Luna?Quercual

Venezuela 186

Venezuela Oil China Production 186

Green Car Congress

DECEMBER 11, 2010

Canada-based MEG Energy’s board of directors has approved 2011 capital investment of approximately $900 million and the final cost estimate for the 35,000 barrels per day Phase 2B oil sands expansion at the Christina Lake in-situ project. In June 2010, production from Phases 1 and 2 averaged approximately 26,400 bbls/d.

Oil-Sands 186

Oil-Sands Oil Energy 2011 186

Green Car Congress

JANUARY 3, 2012

Athabasca Oil Sands Corp. has exercised its option to divest its 40% interest in the MacKay River oil sands project to Cretaceous Oilsands Holdings Limited, a wholly owned subsidiary of PetroChina International Investment Limited, for C$680 million (US$672 million) in cash. Earlier post.) Earlier post.). Earlier post.). properties.

Oil-Sands 170

Oil-Sands Oil 2010 2012 170

Green Car Congress

MARCH 8, 2012

Tillerson said that even with significant efficiency gains, ExxonMobil expects global energy demand to increase by 30% by 2040, compared to 2010 levels. Demand for electricity will make natural gas the fastest growing major energy source and oil and natural gas are expected to meet 60% of energy needs over the next three decades.

Saudi Arabia 231

Saudi Arabia Oil-Sands Oil 2012 231

Green Car Congress

AUGUST 1, 2013

Neste Oil is part of a fleet demonstration program of a new blend of diesel fuel in Coburg, Germany. The Diesel R33 project is a follow-up to a trial conducted in Coburg and Munich in 2010-2011. Union for the Promotion of Oil and Protein Crops - UFOP. Test bus for the Diesel R33 project. Click to enlarge. Earlier post.)

Diesel 186

Diesel Oil Renewable Commercial 186

Green Car Congress

MAY 12, 2011

Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel.

Oil 225

Oil Energy Wind 2011 225

Green Car Congress

JULY 14, 2011

and IFP Energies nouvelles (IFPEN) have initiated exclusive negotiations for the commercial development of the company’s proprietary pyrolysis oil upgrading process to produce second-generation biofuels. Dynamotive Energy Systems Corp. Earlier post.). Earlier post.). The process is patent pending. Earlier post.).

Oil 186

Oil Commercial 2001 Canada 186

Green Car Congress

DECEMBER 19, 2010

Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oil sands underpinned by its alliance with Total. Approximately 80% of that production will be from the oil sands. The transaction is subject to certain regulatory and other approvals, with closing targeted late in the first quarter of 2011.

Oil-Sands 199

Oil-Sands Oil 2020 2011 199

Green Car Congress

AUGUST 24, 2011

To be sited at Jie Yang City, Guangdong Province, the Nanhai refinery will be operational in early 2015, with a capacity to process 400,000 barrels of heavy and extra heavy crude oil per day (400 kbd) from the Orinoco Oil Belt. Oil and Gas Journal (OGJ) pegged Venezuela’s 2011 reserves at 211 billion barrels, up from 99.4

Saudi Arabia 186

Saudi Arabia Venezuela Oil Oil-Sands 186

Green Car Congress

JULY 26, 2010

The 2011 Ford Explorer SUV. Ford has introduced the new 2011 Explorer. The 2010 Ford Explorer 2WD with a 4.0L Estimated fuel economy improves by more than 30%, putting the fuel efficiency of the Ford Explorer in line with sedans such as the 2010 Toyota Camry V6. Click to enlarge. Offering two new engines—a new 3.5L

2011 186

2011 Ford SUV Fuel Economy 186

Green Car Congress

JULY 20, 2011

an indirect wholly-owned subsidiary of CNOOC, will acquire oil sands producer OPTI Canada Inc for approximately US$2.1 The principal asset of OPTI consists of a 35% working interest in the Long Lake and three other oil sands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a

Oil-Sands 218

Oil-Sands Oil China Canada 218

Green Car Congress

FEBRUARY 14, 2013

According to an analysis by the US Energy Information Administration (EIA), planned additions over the next two years to the US crude oil pipeline infrastructure should relieve the bottleneck at Cushing, Oklahoma which has been caused by the oversupply of oil resulting from the growth of crude oil production in the US mid-continent and Canada.

Oil 220

Oil Illinois Texas Canada 220

Green Car Congress

FEBRUARY 1, 2010

trillion FY 2011 Budget to the US Congress. The President’s 2011 Budget provides $28.354 billion for the Department of Energy (DOE) in discretionary budget authority—an 8.9% increase over FY 2010 estimates. billion in tax subsidies for oil, coal and gas industries. 2010 est. 2011 prop. Solar energy.

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2011 Energy Obama 2010 231