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. In 2013, BP (operator, with 60.5% Earlier post.).
Green Car Congress
FEBRUARY 5, 2014
In a new report, “ Biofuels for Transportation Market s”, Navigant Research forecasts that global demand for biofuels in the road transportation sector will grow from representing almost 6% of the liquid fuels market in 2013 to roughly 8% by 2022. billion gallons per year (BGPY) in 2013 to more than 51.1 BGPY in 2013 to almost 12.2
Green Car Congress
JUNE 23, 2016
The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.
Green Car Congress
FEBRUARY 23, 2017
After completing a re-assessment of energy use for a broad range of countries for the period 2013-14, EIA updated its historical data, with the largest changes occurring in China and other non-OECD countries. Methanol, like ethanol, is an alcohol with inherent issues such as its solubility in water and corrosiveness. Methanol in China.
Green Car Congress
JUNE 17, 2015
The fallout of the collapse in oil prices has a lot of side effects apart from the decline of rig counts and oil flows. Williston is coping with $300 million in debt after having leveraged itself to buildup infrastructure to deal with the swelling of people and equipment heading for the oil patch.
Green Car Congress
JANUARY 17, 2015
The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. —Adnan Z. Amin, Director-General of IRENA. Source: IRENA.
Green Car Congress
OCTOBER 6, 2015
While oil and natural gas are crucial to Russia, Russia’s crude and natural gas are crucial to its neighbors on the Eurasian landmass. mmbbl/day) in 2013. Russia’s oil and natural gas are also important to its Asian and Central Asian neighbors. Russia supplied about 30 percent (146.6 Natural gas data from Gazprom).
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