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Oil Majors’ Costs Have Risen 66% Since 2011

Green Car Congress

The result could be an uptick in the cost of producing oil for the first time in a few years. Rystad Energy estimated the average shale project could see costs rise by $1.60 Apex put together a proprietary index that measures cost pressure for the “supermajors” – ExxonMobil, Royal Dutch Shell, Chevron, Eni, Total and ConocoPhillips.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

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. Source: Chevron. Here, Chevron has reduced its steam:oil ratio (i.e.,

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Caspian pipeline consortium marks the groundbreaking for $5.4B expansion

Green Car Congress

The cost of the first phase of construction amounted to $2.6 CPC awarded all the major construction contracts in May 2011. Chevron Caspian Pipeline Consortium Company: 15%. Caspian pipeline. Click to enlarge. The first CPC groundbreaking ceremony took place 12 years ago. LUKARCO B.V.: Mobil Caspian Pipeline Company: 7.5%.

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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

The report comes as oil majors like ExxonMobil, Chevron and Shell, and other companies, are developing at least a couple dozen oil shale and CTL projects, including 12 CTL facilities projected to produce 170 million barrels of liquid fuels per year at a cost of $2 billion to $7 billion per plant. Earlier post.).

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Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

Two companies, Amyris and LS9, are planning to break ground on commercial plants in 2011, with production starting by 2013. There are many players, and the oil industry (including Shell, ExxonMobil, BP, Valero and Chevron) is looking at a range of methods to eliminate steps in the process to reduce complexity and cost.

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DOE releases final report from 6-year national fuel cell vehicle demo; key targets met, with twice the efficiency of today’s gasoline vehicles

Green Car Congress

The US Department of Energy (DOE) released the final report from its National Renewable Energy Laboratory (NREL) for a technology validation project that collected data from more than 180 fuel cell electric vehicles over six years (early 2005 through September 2011). These vehicles made more than 500,000 trips and traveled 3.6

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

In addition to a recent electric car deal with NISSAN Motors ( NSANY ), Portland General Electric, the Oregon state governor and GE have also announced a joint venture with Mitsubishi Motors ( MMTOF.PK ) to develop and sell the Miev electric car with 85 mile range by 2011. By 2011 look for a larger THINK Ox.