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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

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Production of crude oil as a percentage of proved reserves: Recent worldwide and US trends

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In this analysis, I examined the relation between crude-oil production and crude-oil reserves in the world overall and in the United States alone. The variable of interest was the amount of crude oil produced as a percentage of proved reserves of crude oil. For the world, production of crude oil in 1980 represented 3.4%

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UH researchers developing autonomous robot for subsea oil and gas pipeline inspection

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To reduce the number of accidents in the global oil and gas industry caused by damaged pipelines, University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. When larger spills happen, pipelines are often the culprit.

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Neste Oil building pilot plant to produce waste-based microbial oil for NExBTL renewable diesel fuel; commercial production possible by 2015

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Neste Oil will build a pilot plant to produce waste-based microbial oil at its Porvoo refinery. It will be the first pilot plant in Europe designed to produce microbial oil for use in manufacturing renewable fuel from waste-based raw materials. Neste Oil applied for patents covering its microbial oil technology in fall 2010.

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Neste Oil signs an algae oil off-take agreement with Cellana for renewable fuel

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Neste Oil, the world’s largest producer of renewable diesel (NExBTL), has signed a contingent commercial off-take agreement with Cellana, an algae biomass developer based in the United States. The agreement will enable Neste Oil to purchase Cellana’s algae oil for use as a feedstock in the future for producing renewable fuel.

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Argonne analysis shows greenhouse gas emissions similar for shale, conventional oil

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Shale oil production generates greenhouse gas emissions at levels similar to conventional crude oil production, according to a pair of new studies released by the US Department of Energy’s Argonne National Laboratory. These are shale formations with low permeability and must be hydraulically fractured to produce oil and gas.

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Neste Oil complete first phase of its microbial oil pilot plant; feedstock for NExBTL renewable diesel

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Neste Oil plans to use yeast and fungi to convert waste into oil for NExBTL feedstock. Neste Oil has completed the first phase of its project to build a pilot plant for producing microbial oil for use as a feedstock for NExBTL renewable diesel. Commercial-scale production is expected by 2015 at the earliest.

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