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

JULY 14, 2011

Neste Oil will expand the raw material base used to produce NExBTL renewable fuel with jatropha and camelina oils. For the moment, only limited volumes of jatropha and camelina oils are procured to produce NExBTL. The waste and side streams are expected to form approximately 40% of the total raw material procurement in 2011.

Oil 218

Oil Renewable Waste 2001 218

Green Car Congress

OCTOBER 22, 2014

of China (COMAC) opened a demonstration facility that will turn waste cooking oil, commonly referred to as “gutter oil” in China, into sustainable aviation biofuel. billion liters) of biofuel could be made annually in China from used cooking oil. Boeing and Commercial Aircraft Corp.

Oil 239

Oil China Waste Commercial 239

Green Car Congress

JUNE 3, 2011

GD = HVO; RSO = Rapeseed Oil; SBO = Soybean oil; Biodiesel = Transesterified lipids. When native feedstocks as palm oil and rapeseed oil is used for HVO production, BTL is mostly superior due to low feedstock impacts and high energy yields per hectare of most non-waste woody feedstocks. Sunde et al. Click to enlarge.

Oil 239

Oil Renewable Fuel Waste 239

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". Saudi Aramco Chairman Khalid Al-Falih indicated in March that Saudi Aramco would not cut investment.

Oil 150

Oil Saudi Arabia UAE 2015 150

Green Car Congress

DECEMBER 31, 2011

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. Use of the alternate routes would increase the cost of transportation.

Oil 297

Oil Panama Saudi Arabia United Arab Emirates 297

Green Car Congress

JULY 17, 2012

in 2010 and 2011, respectively. t margin for oil refiners. Put simply, the empirical results merely reflect the fact that ethanol production increased during the sample period whereas the ratio of gasoline to crude oil prices decreased. The paper by Prof. Christopher Knittel at MIT and Assoc. The estimate drops further to $0.09

Davis 334

Davis MIT Gasoline 2010 334

Green Car Congress

DECEMBER 1, 2013

Now, researchers at Imperial College London have shown that bioethanol production from bamboo in China is both technically and economically feasible, as well as cost-competitive with gasoline. China bioethanol pump price for five enzyme loading scenarios in ( a ) 2011 with a 16¢ per liter (60.6¢ Click to enlarge.

China 351

China Gasoline Tax London 351

Green Car Congress

JUNE 29, 2012

announced the successful commissioning of its first fully integrated biorefinery (IBR) in Peoria, Illinois, to produce algal oil. Solazyme has been running routine fermentations at commercial scale since 2007 and began running fermentation operations at the Peoria facility in Q4 2011. Solazyme, Inc. Solazyme, Inc.

Illinois 218

Illinois Oil Renewable Production 218

Green Car Congress

DECEMBER 30, 2015

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. mb/d between 2020 and 2025, 3.3

Oil Prices 150

Oil Prices Oil Price Climate Change 150

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. Since then, BP has worked with co-owners and contractors to simplify and standardize the platform’s design, reducing the overall project cost by about 60%.

Mexico 150

Mexico Chevron Oil Oil Prices 150

Green Car Congress

JULY 16, 2013

and The Linde Group will expand their partnership to commercialize a new industrial-scale conversion technology needed to upgrade algae biomass into crude oil. Today, this Green Crude Farm is operating year-round and producing barrels of crude oil daily. Sapphire Energy, Inc.

Oil 239

Oil Commercial Energy Columbus 239

Green Car Congress

AUGUST 9, 2016

France-based Total is the first oil supermajor aggressively to enter new areas of business including solar plus storage and distributed generation, notes Lux Research in a new report : “Superpower Darwinism: What Big Oil Can and Cannot Do About Total’s Billion-Dollar Battery Move.”. Asia challenges loom for battery acquirers.

Oil 150

Oil Solar Energy Storage Asia 150

Green Car Congress

MARCH 13, 2015

Columbia and Associate Director of the Maguire Energy Institute at the Cox School of Business at Southern Methodist University in Dallas says it has: “No question we’re seeing the effects of lower oil prices throughout the economy.”. decline curves eventually catch up with fewer rigs, oil supplies should start to fall.

Oil Prices 150

Oil Prices Oil Price Dallas 150

Green Car Congress

JULY 26, 2013

The project has an estimated cost of $1.3 The Woodland Pipeline Extension is being constructed to serve the Imperial Oil and ExxonMobil Kearl oil sands project and its recently announced expansion. billion to service the increasing requirements of the Alberta oil sands producers.

Oil-Sands 210

Oil-Sands Oil Building 2015 210

Green Car Congress

JUNE 19, 2012

Japan’s Ministry of Economy, Trade and Industry (METI) will begin test drilling for oil and natural gas in the Sea of Japan off the coast of Niigata Prefecture in April 2013. METI hopes to discover Japan’s largest reserves of these resources—possibly the size of intermediate oil fields in the Middle East, according to METI.

Japan 239

Japan Oil 2013 South Korea 239

Green Car Congress

MAY 31, 2012

to proceed with its Narrows Lake oil sands project, with an ultimate gross production capacity of 130,000 barrels per day. SAP combines steam injection with solvents, such as butane, to help bring the oil to the surface. Cenovus also anticipates that SAP may increase total oil recovery by as much as 15%. Earlier post.).

Oil-Sands 210

Oil-Sands Oil Production Conversion 210

Green Car Congress

JANUARY 28, 2013

The width of the pipeline network (green lines) is proportional to CO 2 flow; the largest CO 2 flow is approximately 36 MtCO 2 / yr for the $155/tCO 2 scenario (pipeline leaving the Athabasca oil sands area). Costs are in $US 2011. Credit: ACS, Middleton and Brandt. Click to enlarge. 15 years alone. —Middleton and Brandt.

Oil-Sands 225

Oil-Sands Oil Emissions Tax 225

Green Car Congress

JANUARY 6, 2012

Marubeni Corporation announced that Marubeni Eagle Ford Limited Partnership, a US subsidiary of Marubeni, has entered into an agreement with Dallas based Hunt Oil Company to acquire a 35% working interest in the Eagle Ford shale oil and gas play covering approximately 52,000 net acres of oil and gas leases located in Texas.

Oil 186

Oil Ford Qatar Dallas 186

Green Car Congress

JANUARY 15, 2011

The Board of Directors of Marathon Oil Corporation has approved moving forward with plans to spin off Marathon’s downstream business, creating two independent energy companies. Marathon Oil Corporation (MRO) will be a global upstream company based in Houston, Texas. Strengthened ability to attract and retain talent.

Oil 210

Oil Oil-Sands Houston Corporation 210

Green Car Congress

NOVEMBER 24, 2011

Shell Lubricants announced the arrival of its first shipment of gas-to-liquid (GTL) base oil at the Port of Houston. Shell Lubricants will use Pearl GTL base oil, a Group III base oil, in the manufacture of its premium motor oils. Earlier post.)

Oil 199

Oil Qatar Production Houston 199

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

AUGUST 3, 2011

the construction and has initiated start-up of its Nipisi heavy oil pipeline and Mitsue diluent pipeline which will service the Pelican Lake and Peace River oil sands regions of Alberta. Commissioning and ramp-up on the Nipisi Pipeline is continuing and is expected to be completed early in the fourth quarter of 2011.

Oil-Sands 199

Oil-Sands Oil Transportation Canada 199

Green Car Congress

JULY 17, 2011

A study by a team from the State Key Laboratory of Heavy Oil Processing, China University of Petroleum found that fluid thermal processing of. il sands is a feasible process for the production of an upgraded bitumen-derived liquid from Inner Mongolian oil sand. Oil sands exploration in Xing’an region.

Oil-Sands 218

Oil-Sands Oil Mongolia Conversion 218

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

JANUARY 30, 2012

GE Oil & Gas announced the development of a Micro LNG integrated plant that meets the small-scale liquefied natural gas (LNG) requirements of powering remote industrial and residential locations and fueling motor vehicles. The product introduction was among the opening day highlights of the 2012 GE Oil & Gas Annual Meeting in Florence.

Oil 199

Oil Gas Diesel Financing 199

Green Car Congress

MARCH 8, 2011

Neste Oil celebrated the grand opening of its ISCC-certified renewable diesel plant in Singapore. The plant has a capacity of 800,000 metric tons per annum, and cost around €550 million to build. The plant has a capacity of 800,000 metric tons per annum, and cost around €550 million to build.

Singapore 186

Singapore Oil Renewable Diesel 186

Green Car Congress

NOVEMBER 20, 2012

A status review of California’s Low Carbon Fuel Standard (LCFS) ( earlier post ) for the period of 2011 and the first quarter of 2012 by Dr. Sonia Yeh at the Institute of Transportation Studies, UC Davis and Julie Witcover found that regulated parties in the LCFS—i.e., gCO 2 e/MJ for gasoline.

Standards 247

Standards California 2012 2011 247

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. We have calculated the cost of the project very carefully and realistically. Earlier post.).

Oil 225

Oil Production 2009 2011 225

Green Car Congress

JULY 25, 2012

Federal subsidies and policies to encourage plug-in vehicle adoption would produce more benefits at lower cost by targeting the purchase of vehicles with small battery packs, according to Jeremy J. Earlier post.). —Michalek et al. —Michalek et al.

Plug-in 319

Plug-in Plug Batteries Battery 319

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

DECEMBER 5, 2011

US-based Devon Energy Corporation has received regulatory approval from the Alberta Energy Resources Conservation Board and Alberta Environment and Water to move forward with the company’s third oil sands project in Canada. Once fully operational, Jackfish 3 is expected to produce an average of 35,000 barrels of oil per day before royalties.

Oil-Sands 170

Oil-Sands Oil Energy Water 170

Green Car Congress

SEPTEMBER 13, 2011

will twin the southern section of its Athabasca Pipeline from the Kirby Lake, Alberta terminal to the Hardisty, Alberta crude oil hub at an estimated cost of approximately C$1.2 billion project, originally proposed in 2005, was seen as a way to diversify markets for oil sands crude, with exports targeted for Asia and California.

Oil-Sands 220

Oil-Sands Oil 2015 2005 220

Green Car Congress

OCTOBER 29, 2012

Comparing the subsidy necessary to achieve lifetime cost parity with the least-cost option for each vehicle class in the base case, they found that the maximum cost per gallon saved for increased all electric range (AER) is 5%–40% less than the minimum cost per gallon saved when installing charging infrastructure, depending on vehicle class.

Gasoline 308

Gasoline PHEV Gasoline-Electric Batteries 308

Green Car Congress

JULY 26, 2010

The 2011 Ford Explorer SUV. Ford has introduced the new 2011 Explorer. The EcoBoost I-4 uses 5W30-GF4 oil to reduce friction and reduce cost of ownership through 10,000-mile oil change intervals. Click to enlarge. Offering two new engines—a new 3.5L V6 and the new 2.0L The 2010 Ford Explorer 2WD with a 4.0L

2011 186

2011 Ford SUV Fuel Economy 186

Green Car Congress

FEBRUARY 2, 2015

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil. Source: Lux Research.

Plug-in 150

Plug-in Oil Cheap Plug 150

Green Car Congress

MAY 16, 2012

The US Department of Energy (DOE) National Energy Technology Laboratory (NETL) is soliciting projects that focus on improving recovery from liquid-rich shale reservoirs and to advance the development of next-generation CO 2 enhanced oil recovery (EOR) technologies. ( without federal or cost share project funding).

Oil 210

Oil CO2 Gas Mariner 210