Green Car Congress

MARCH 23, 2023

Supported by the company’s growing crude production in the Permian Basin, the project is the largest refinery expansion since 2012. The BLADE (Beaumont Light Atmospheric Distillation Expansion) project built a third crude unit within the facility’s existing footprint to expand light crude oil refining.

Delaware 353

Delaware Oil 2012 Light 353

Green Car Congress

MARCH 8, 2012

Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Tillerson said that even with significant efficiency gains, ExxonMobil expects global energy demand to increase by 30% by 2040, compared to 2010 levels.

Saudi Arabia 231

Saudi Arabia Oil Oil-Sands 2012 231

Green Car Congress

AUGUST 11, 2012

The International Energy Agency’s August Oil Market Report (OMR) trims 2012/2013 oil demand expectations by 300-400 thousand barrels per day (kb/d), although annual growth remains in an 800-900 kb/d range both years. This follows baseline data revisions and a weaker economic prognosis for 2012/2013. mb/d and 90.5

2013 236

2013 2012 Oil Iran 236

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. This will, of course, come at a cost for energy-hungry regions or consumers.

Oil 231

Oil Industrial Industry Financing 231

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The IEA said these changes will recast expectations about the role of different countries, regions and fuels in the global energy system over the coming decades.

Global 225

Global 2012 Energy Oil 225

Green Car Congress

DECEMBER 23, 2012

American Commercial Lines (ACL) will begin transporting crude oil by barge on the US inland waterways for MEG Energy (US) Inc. MEG Energy), a subsidiary of the Canadian oil sands company MEG Energy Corp. The first of the barges, launched on May 2012, was a clean service tanker with a capacity of 30,000 barrels.

Oil-Sands 257

Oil-Sands Oil Transportation Companies 257

Green Car Congress

JULY 14, 2023

More than three-fourths of all oil and gas production in the US Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average, according to a new S&P Global Commodity Insights analysis. However, about 78% of the total production was found to be beneath that average.

Mexico 150

Mexico Gas Oil Global 150

Green Car Congress

OCTOBER 7, 2014

Despite the decision to de-emphasize microbial oil, Neste Oil emphasized that cellulosic waste will continue to play an important role in its research strategy, adding that it remains committed to its goal of further extending its feedstock base and making greater use of waste and residues in this area in particular.

Oil 310

Oil Renewable Diesel Waste 310

Green Car Congress

JULY 23, 2012

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

Oil-Sands 325

Oil-Sands Oil Canada Gas 325

Green Car Congress

MARCH 28, 2013

Suncor Energy is not proceeding with the Voyageur bitumen upgrader project in the Canadian oil sands. The decision is the result of a joint strategic and economic review launched by Suncor and its joint venture partner Total E&P Canada Ltd in late 2012. The transfer of interest for cash is effective immediately.

Oil-Sands 225

Oil-Sands Oil Energy Canada 225

Green Car Congress

DECEMBER 22, 2020

The average annual price of gasoline has fluctuated greatly over the past several decades, but when adjusted for inflation (constant dollars), the price of gasoline in 2019 was only nine cents higher than in 1929, according to the US Department of Energy (DOE). The graph below shows the effect of the oil embargo in the early 1980s.

Gasoline 418

Gasoline 2019 Price 2002 418

Green Car Congress

DECEMBER 4, 2014

US crude oil proved reserves increased for the fifth year in a row in 2013, a net addition of 3.1 billion barrels of proved oil reserves (a 9% increase) according to US Crude Oil and Natural Gas Proved Reserves, 2013 , released today by the US Energy Information Administration (EIA). Combined, these two states added 21.8

Oil 199

Oil West Virginia Mexico North Dakota 199

Green Car Congress

JUNE 27, 2011

Greenstar Recycling has signed a Memorandum of Understanding to form a joint venture (JV) with Vadxx Energy , LLC to convert recovered plastic into synthetic crude oil using Vadxx’s thermal depolymerization process. Vadxx oil is also light, with API gravities primarily between 35 and 45 degrees.

Oil 225

Oil Convert Energy Ohio 225

Green Car Congress

DECEMBER 30, 2013

Jun Qu, has developed a new group of ionic liquids as lubricant additives that could help improve the energy efficiency of cars and trucks. The prototype oil also successfully passed a 100-hour high-temperature, high-load engine dynamometer test. 1%) in nonpolar hydrocarbon oils.

Fuel Economy 369

Fuel Economy Oil Economy Engine 369

Green Car Congress

AUGUST 27, 2013

The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 Between 2008 and 2012, Asia’s consumption increased by 4.4 In 2011 and 2012, higher oil prices and increased fuel efficiency of light-duty vehicles contributed to reduced US consumption.

North America 261

North America 2012 America Europe 261

Green Car Congress

MARCH 2, 2012

The Energy dCi 110 diesel offers fuel consumption of 3.5 Renault is introducing three new Energy engines ( earlier post ) in its Mégane Collection 2012: the new turbocharged, gasoline direct-injection Energy TCE 115 di; the Energy dCi 130; and the Energy dCi 110, with NEDC fuel consumption of 3.5 16V engine.

Fuel Economy 278

Fuel Economy MPG 2012 Engine 278

Green Car Congress

JUNE 10, 2013

The technology also increases corn oil extraction by 13%, while saving 8% energy. A typical US ethanol plant uses around 36 million bushels (900,000 tons) of feed-grade corn per year to produce 100 million gallons of fuel ethanol, 300,000 tons of animal feed (DDGS) and 8,500 tons of corn oil.

Oil 186

Oil Energy Chicago Illinois 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

JANUARY 3, 2014

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e.,

Estonia 236

Estonia Oil Cleaner Jordan 236

Green Car Congress

DECEMBER 25, 2011

Oklahoma-based oil and gas company SandRidge Energy, Inc. The JV will exclude all wells and acreage within the associated spacing units spudded prior to January 1, 2012 and all wells and acreage associated with SandRidge Mississippian Trust I. has entered into a joint venture with a subsidiary of Spain-based Repsol YPF, S.A.

Kansas 210

Kansas Oil Energy Oklahoma 210

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. It will use a technology developed by Hangzhou Energy & Engineering Technology Co.,

Oil 239

Oil Waste China Commercial 239

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. Like Jackfish 1 & 2, Jackfish 3 represents an estimated 300 million barrels of gross recoverable oil.

Oil-Sands 170

Oil-Sands Oil Energy Water 170

Green Car Congress

APRIL 5, 2013

Neste Oil is beginning the commercial use of tall oil pitch as a feedstock for refining into transportation fuel. Up until now, it has not been possible to use tall oil pitch, a residue produced by tall oil refiners ( earlier post ), as a commercial-scale feedstock for fuel refining purposes. Earlier post.).

Oil 230

Oil Commercial Finland Fuel 230

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

FEBRUARY 14, 2014

Cenovus Energy Inc. increased its oil sands production 14% in 2013, from 89,736 barrels per day in 2013 to 102,500 bbls/day in 2013. The increase in production from the company’s oil sands operations in 2013 was largely driven by its Christina Lake project. The company’s proved bitumen reserves increased 8% to more than 1.8

Oil-Sands 252

Oil-Sands 2013 Oil Transportation 252

Green Car Congress

MARCH 17, 2012

The California Air Resources Board (ARB) staff has posted a preliminary draft version of the Oil Production Greenhouse Gas Emissions Estimator (OPGEE) for the 19 March 2012 Low Carbon Fuel Standard (LCFS) public workshop to discuss lifecycle assessment of crude oil production, including high carbon-intensity crude oil (HCICO).

Oil 285

Oil California Gas Emissions 285

Green Car Congress

DECEMBER 16, 2015

Railways and pipelines are equally safe means of transporting crude oil, according to a report comparing safety data for each mode. Prior to 2012, rail moved less than 6,000 tank cars of fuel oil and crude oil per year. Beginning in 2012, however, the amount of crude oil transported by rail began to grow.

Oil 150

Oil Canada 2014 2012 150

Green Car Congress

MARCH 25, 2013

Secretary of the Interior Ken Salazar last week announced the Department of the Interior’s final plan for encouraging research, development and demonstration (RD&D) of oil shale and oil sands resources on Bureau of Land Management (BLM) lands in Colorado, Utah and Wyoming. Earlier post.).

Oil-Sands 225

Oil-Sands Oil Wyoming Utah 225

Green Car Congress

NOVEMBER 21, 2014

As November draws to a close, there are two major events that could profoundly change the oil markets. He says a deal is more likely than not due to the enormous financial pressure Iran is experiencing because of falling oil prices. Iran’s oil exports have more than halved from their pre-sanctions level of about 2.5

Iran 236

Iran Oil Saudi Arabia Market 236

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09

Oil Prices 268

Oil Prices Oil Price Carbon 268

Green Car Congress

JULY 16, 2017

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. At the same time, Saudi Arabia’s export volumes have been hit by high local summer demand for crude oil and products. by Cyril Widdershoven for Oilprice.com.

Oil 186

Oil Libya Nigeria Qatar 186

Green Car Congress

JUNE 10, 2013

Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.

Oil 281

Oil Algeria United States Argentina 281

Green Car Congress

APRIL 2, 2013

TransCanada Corporation will hold a binding open season to obtain firm commitments from interested parties for a pipeline to transport crude oil from Western Canada to Eastern Canadian markets. In 2012, Canada imported more than 600,000 barrels per day to supply its Eastern refineries.

Oil-Sands 210

Oil-Sands Oil Canada 2013 210

Green Car Congress

JULY 21, 2012

Billions of barrels of oil may be potentially recoverable from residual oil zones in the US, according to initial findings from a study supported by the US Department of Energy’s Office of Fossil Energy (FE). Residual oil zones (ROZs), are areas of immobile oil found below the oil-water contact of a reservoir.

Oil 210

Oil New Mexico Texas Mexico 210

Green Car Congress

NOVEMBER 26, 2014

China’s apparent oil demand in October rose 2.9% Despite the year-over-year increase, China’s apparent oil demand in October slipped 2.5% Meanwhile, total apparent oil demand was 9.96 China’s oil product imports tumbled 22.2% China’s oil product imports tumbled 22.2% Fuel oil apparent demand in October slumped 31.4%

Oil 268

Oil China Stimulus Chinese 268

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.

Coal 210

Coal Oil Production 2012 210

Green Car Congress

NOVEMBER 28, 2012

US imports of Canadian crude oil rose to record levels during the first eight months of 2012, with Canada accounting for a growing share of total gross US imports, according to the US Energy Information Administration (EIA). Almost 99% of Canadian oil exports are sent to the US market. million barrels per day.

Canada 225

Canada Saudi Arabia Oil-Sands 2012 225