Green Car Congress

MARCH 8, 2012

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. To help meet that demand, ExxonMobil is anticipating an investment profile of approximately $37 billion per year through the year 2016.

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Saudi Arabia Oil-Sands Oil 2012 231

Green Car Congress

OCTOBER 26, 2017

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014, but it’s making a return now that cracks have emerged in some key oil-producing nations. bank Citi said.

Oil Prices 170

Oil Prices Oil Libya Iran 170

Green Car Congress

DECEMBER 5, 2018

It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 million barrels daily, including from Russia, to reverse the free fall of oil prices. Now, many OPEC members are both desperate while not yet recovered from the 2014 blow. Saudi Arabia cannot afford another slump in oil prices,” he warns. “It

Saudi Arabia 255

Saudi Arabia Oil Prices Russia Oil 255

Green Car Congress

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. per million Btu (MMBtu).

Argentina 150

Argentina Oil Oil Prices Chevron 150

Green Car Congress

MARCH 13, 2017

billion barrels of recoverable light oil in the Nanushuk play in Alaska’s North Slope. The Horseshoe-1 and 1A wells drilled during the 2016-2017 winter campaign confirmed the Nanushuk play as a significant emerging play. of net oil pay in several reservoir zones in the Nanushuk section. billion barrels.

Alaska 170

Alaska Oil Energy Spain 170

Green Car Congress

JULY 9, 2016

Oil is exactly such an industry at the moment. No one is sure where oil is heading, near-tem forecasts range from $20 to $80 per barrel by the end of the year, and there are just too many wild cards on the scene. As Forbes author Art Berman wittily notes , rigs don’t produce oil, wells produce oil.

Oil 150

Oil Oil Prices Price 2016 150

Green Car Congress

APRIL 18, 2019

The repairs, commonly called “field fixes” because they are made after the vehicles have been sold, were intended to address an oil leakage problem in 2011-2014 model-year engines. Emission-related field fixes must be reviewed and approved by CARB to ensure they don’t increase emissions. —Todd Sax, CARB’s head of enforcement.

Emissions 321

Emissions Diesel Pollution 2014 321

Green Car Congress

AUGUST 12, 2016

The first peer-reviewed study to directly quantify how emissions from oil and natural gas (O&NG) activities influence summertime tropospheric ozone (O 3 ) pollution in the Colorado Front Range confirms that chemical vapors from oil and gas activities are a significant contributor to the region’s chronic ozone problem. McDuffie et al.

Ozone 150

Ozone Oil Gas Emissions 150

Green Car Congress

NOVEMBER 15, 2012

Separately, Solazyme and Archer-Daniels-Midland Company, a leading global agricultural processor, signed strategic collaboration, manufacturing and market development agreements in which Solazyme and ADM will produce Solazyme’s tailored algal oils in ADM’s advanced fermentation plant at Clinton, Iowa. Solazyme, Inc., Earlier post.).

Oil 239

Oil Renewable Brazil Production 239

Green Car Congress

JUNE 14, 2016

is being recognized for developing a yeast that produces a chemical used to make high performance nylon 6,12 for hairbrushes toothbrushes, adhesives, coatings, fragrances, and automotive and aviation oils. The 2016 awards event will be held in conjunction with the 20 th Annual Green Chemistry and Engineering Conference.

2016 150

2016 EPA Green Indianapolis 150

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

JUNE 1, 2016

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. A sharp rise in oil prices would spur new investment and new drilling.

Oil 150

Oil Supplies Market Oil Prices 150

Green Car Congress

DECEMBER 10, 2012

billion program of pipeline expansions to carry an additional 400,000 barrels per day (bpd) of light oil from North Dakota and western Canada to refinery markets in Ontario, Quebec and the US Midwest. billion investment rounds out our suite of major crude oil new market access initiatives for North American markets. Enbridge Inc.

North Dakota 344

North Dakota Canada Light Oil 344

Green Car Congress

OCTOBER 20, 2015

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. In the course of 2015, both have raised output and exports over 2014 levels—Saudi Arabia by ~500 and 550~ mbbls/day respectively and Russia by ~100 and ~150. by Dalan McEndree for Oilprice.com.

Russia 150

Russia Saudi Arabia Oil Market 150

Green Car Congress

FEBRUARY 23, 2017

The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016. The main effect of this change on the forecasted STEO liquid fuels market balances is that the higher consumption in 2014 raises the baseline to which the STEO forecast benchmarks.

2000 150

2000 2016 Fuel China 150

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. million barrels per day by the end of 2014. million barrels per day by the end of 2014. Schenk C.J.,

Venezuela 186

Venezuela Oil China Production 186

Green Car Congress

JANUARY 25, 2016

Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. Emissions in OECD nations are projected to fall by about 20% from 2014 to 2040.

2014 150

2014 Carbon Energy Fuel Economy 150

Green Car Congress

JANUARY 20, 2011

million units annually by 2016. million vehicles by 2016. Natural gas refueling station development is not expected to achieve the same growth rate, but will reach nearly 26,000 stations worldwide by 2016. CAGR between 2010 and 2016). CAGR between 2010 and 2016). million vehicles per year in 2010 to more than 3.2

2016 218

2016 Global Iran Sale 218

Green Car Congress

NOVEMBER 14, 2022

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. to 1.9%], potentially exceeding the previous peak in 2014 to reach a new high. CO 2 emissions from oil use are expected to grow 2.2% [0.9% CO 2 emissions from oil use are expected to grow 2.2% [0.9% for oil, 1.1%

Global 221

Global Emissions Carbon Coal 221

Green Car Congress

DECEMBER 16, 2013

Reflecting slow growth in travel and accelerated vehicle efficiency improvements, US light-duty vehicle (LDV, cars and light trucks) energy use will decline sharply between 2012 and 2040, according to the US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2014 (AEO2014) Reference case released today. Tcf in 2012 to 2.1

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

JANUARY 13, 2014

turbodiesel engine coming in the 2016 model year. incorporates a two-stage variable-displacement oil pump, for greater efficiency, as well as a balance shaft located in the oil pan, for greater refinement. GMC revealed the new 2015 Canyon midsize pickup on the eve of the North American International Auto Show in Detroit.

GMC 249

GMC 2015 2016 Diesel 249

Green Car Congress

JANUARY 29, 2020

Second, LNG is, and has been, less expensive than MGO and is now in some regions cheaper than heavy fuel oil (HFO). Moreover, to comply with IMO’s 2020 global sulfur limit, ships must either switch from HFO to more expensive very low sulfur fuel oil (VLSFO) or use HFO with a scrubber, if they have one installed. —Pavlenko et al.

Mariner 427

Mariner Climate Fuel Oil 427

Green Car Congress

OCTOBER 28, 2018

emissions increase in 2017 from 2016. The slight increase prolongs a relatively stable trend in emissions observed since 2014, after a 10-year period of almost continuous reductions between 2004 and 2014. The rise is mostly due to the increase of oil consumption from road transport. in 2017 from 2016.

Emissions 257

Emissions Transportation 2017 2016 257

Green Car Congress

MARCH 28, 2014

The strategy builds on progress to date and takes steps to further cut methane emissions from landfills, coal mining, and agriculture, and oil and gas systems. In the spring of 2014, EPA will assess several potentially significant sources of methane and other emissions from the oil and gas sector.

Obama 246

Obama Emissions EPA 2014 246

Green Car Congress

JULY 22, 2016

Compared with May 2016, total motor gasoline deliveries increased 2.1%. Crude oil production was down from the prior month, the prior year, and the prior year-to-date to the lowest output level since May 2014. Crude oil production decreased 1.8% Crude oil imports increased 2.3% million barrels per day in June 2016.

2015 150

2015 Oil Gasoline 2016 150

Green Car Congress

OCTOBER 24, 2021

The current world record is 3,400 m, set by Maersk Voyager’s sister drillship Maersk Venturer when it drilled the Raya-1 well for TotalEnergies offshore Uruguay in 2016. Maersk Voyager is a high-spec ultra-deepwater drillship which was delivered in 2014; the ship is a Samsung 96K designed drillship with several Maersk Drilling upgrades.

Angola 221

Angola Water Namibia Uruguay 221

Green Car Congress

DECEMBER 23, 2016

Oil prices are probably already high enough to spark a rebound in shale production. The IEA says that in the third quarter of 2016, the US shale industry became cash flow neutral for the first time ever. Even when US oil production hit a peak at 9.7 by Nick Cunningham of Oilprice.com. That isn’t a typo.

Oil Prices 150

Oil Prices Libya Oil Nigeria 150

Green Car Congress

APRIL 8, 2014

The US Department of Energy (DOE) released its five-year 2014-2018 Strategic Plan. Launch geothermal “Play Fairway” analysis effort in FY 2014 and demonstrate the ability to develop a 5-megawatt greenfield Enhanced Geothermal Systems (EGS) reservoir by 2020. watt utility, $2.37/watt watt commercial, and $3.10/watt

2014 225

2014 2018 Energy Climate Change 225

Green Car Congress

APRIL 25, 2011

This is accomplished by separately pumping steam and the feedstock oil at high temperature and pressures into a Colgate-Emery reactor. The n-alkanes derived using the RWP from the fat-containing oils are in the ranges needed for diesel and jet fuel. Step 2: deoxygenation. Click to enlarge. Hydrocarbon reforming.

Commercial 199

Commercial 2016 Production Water 199

Green Car Congress

AUGUST 7, 2015

Lower crude oil prices and strong demand for petroleum products, primarily gasoline, both in the United States and globally, have led to favorable margins that encourage refinery investment and high refinery runs. through the first five months of the year compared with 2014. million b/d in the first quarter of 2016.

Gasoline 150

Gasoline 2014 Louisiana Oil 150

Green Car Congress

FEBRUARY 5, 2014

It is the first deepwater project in the Gulf to expand an existing oil and gas field with significant new infrastructure, which should extend the life of the greater Mars basin to 2050 or beyond. The Mars B development is located about 210 kilometers (130 miles) south of New Orleans; 192 people will live and work on the Olympus platform.

Mexico 262

Mexico Production Water Oil 262

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. billion vs. $1.6 billion) and $1 billion ($2.5

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

NOVEMBER 14, 2016

Global carbon emissions from burning fossil fuels did not grow in 2015 and are projected to rise only slightly in 2016, marking three years of almost no growth, according to researchers at the University of East Anglia (UEA) and the Global Carbon Project. for 2016 marks a clear break from the rapid emissions growth of 2.3%

Carbon 150

Carbon Global Emissions Climate Change 150

Green Car Congress

OCTOBER 15, 2014

The start-up of the new platform had been scheduled for 6 November 2014. The platform, which is set up at a depth of 2,200 meters (7,218 feet), some 240 km (149 miles) off the coast, will have the capacity to process up to 150 thousand barrels of oil and 8 million m 3 of gas per day, in addition to storing 1.6 million barrels of oil.

Production 199

Production Commercial Oil Connect 199

Green Car Congress

FEBRUARY 25, 2010

Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian Oil Sands’ President and CEO. and Imperial Oil.

Oil-Sands 199

Oil-Sands Oil 2020 Canada 199

Green Car Congress

APRIL 10, 2017

2016); Chuck (2016b); FAPESP, Boeing, Embraer, & UNICAMP (2013); Lorne (2016); Mawhood, Cobas, & Slade (2014); and Sizmann, Roth, & Jeßberger (2016). In the worst-case scenario, the use of high-GHG feedstocks, such as palm oil, could actually increase emissions by as much as 10%. Adapted from Brooks et al.

Emissions 150

Emissions Fuel 2016 Oil 150

Green Car Congress

MAY 5, 2012

At the shale oil play in the Stavropol area in southwestern Russia Statoil can bring its unconventional experience from the US to the benefit of this proven, unappraised play. 5,500 line kilometers of 2D is to be acquired by 2016, 1,000 square kilometers of 3D by 2018 and a first exploration well is to be drilled by 2020.

Russia 218

Russia 2016 2014 Oil 218