Green Car Congress

MARCH 24, 2017

The California Air Resources Board approved a new regulation aimed at methane leaks from oil and gas operations. Methane, one of the powerful greenhouse gases called short-lived climate pollutants (SLCPs) and the main component of natural gas, has 72 times the impact on global warming as carbon dioxide.

Oil 150

Oil Gas Pollution Climate 150

Green Car Congress

OCTOBER 31, 2021

JGC Holdings Corporation and Cosmo Oil Company will use Honeywell Ecofining technology ( earlier post ) for the first commercial-scale sustainable aviation fuel project in Japan. The project will convert used cooking oil locally collected in Japan into renewable jet fuel meeting ASTM D7566 standards with start-up scheduled in 2025.

Japan 170

Japan Oil Commercial Renewable 170

Green Car Congress

OCTOBER 8, 2016

The Argonne National Laboratory’s Systems Assessment Group announced 2016 release of the suite of GREET (Greenhouse gases, Regulated Emissions, and Energy use in Transportation Model) models and associated documentation. Updated DME production from fossil natural gas, natural gas-derived methanol, and renewable feedstocks.

2016 218

2016 Gas-Electric Fuel Economy Emissions 218

Green Car Congress

SEPTEMBER 9, 2016

The company estimates hydrocarbons in place on its acreage position are 75 trillion cubic feet (Tcf) of rich gas (more than 1,300 British Thermal Units) and 3 billion barrels of oil in the Barnett and Woodford formations alone. These formations are in the wet gas window and are expected to deliver a combination of rich gas and oil.

Oil 150

Oil Texas Gas Delaware 150

Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

FEBRUARY 6, 2023

ConocoPhillips estimates that the Willow Project will produce 180,000 barrels of oil per day at its peak and deliver $8 billion to $17 billion in new revenue for the federal government, the state of Alaska and North Slope Borough communities. The BLM has identified a preferred alternative in the final SEIS.

Alaska 417

Alaska Oil 2018 2016 417

Green Car Congress

APRIL 27, 2017

Crude oil production in the US Permian Basin is expected to increase to an estimated 2.4 Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as domestic crude oil prices fell. billion barrels of hydrocarbon gas liquids. million b/d) in that month.

Oil 170

Oil Production New Mexico Oil Prices 170

Green Car Congress

JULY 22, 2017

Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil is “cool”. labor force.

Oil 220

Oil Gas Industrial Industry 220

Green Car Congress

AUGUST 23, 2012

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. In terms of capital expenditure for the 2012–2016 period, Petroleo Brasileiro S.A.

Oil 210

Oil 2012 Oil-Sands Gas 210

Green Car Congress

MARCH 21, 2014

Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. The area will be offered to industry again in 2016 under the current Five Year Offshore Oil and Gas Leasing Program.

Mexico 268

Mexico Oil Sale Gas 268

Green Car Congress

SEPTEMBER 11, 2014

Neste Oil will build a biopropane unit at its refinery in Rotterdam. The project will start immediately and the plan is to begin sales of bio-propane at the end of 2016. Propane is produced during the NExBTL renewable diesel process; the gas is usually recovered during the Stabilization and Recycle stages of the process.

Gas 210

Gas Oil 2016 Hydrogen 210

Green Car Congress

FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. Liquids represented 57% of the reserves, up from 53% in 2016. billion gross oil-equivalent barrels prior to the 2018 Ranger discovery. Resource Base.

2017 186

2017 Papua New Guinea Oil Guyana 186

Green Car Congress

JANUARY 23, 2019

That figure is also up sharply from the 5,271 from the same month in 2016, a 60 percent increase. The latest crash in oil prices once again raises this prospect. oil production aloft at a time when low prices are starting to curtail drilling activity. The calculus on completing wells can cut two ways. production levels.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

JULY 16, 2023

Shell Aviation has introduced a new lifecycle sustainability approach for its AeroShell aviation lubricants to avoid, reduce and then compensate for lifecycle carbon emissions, improving aircraft performance while helping customers meet their net-zero greenhouse gas (GHG) or carbon emissions ambitions.

Carbon 284

Carbon Oil Emissions Renewable 284

Green Car Congress

APRIL 6, 2017

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016.

Russia 150

Russia Oil 2016 Oil Prices 150

Green Car Congress

JULY 12, 2018

The California Air Resources Board (CARB) announced that greenhouse gas emissions in California in 2016 fell below 1990 levels for the first time since emissions peaked in 2004—a reduction roughly equivalent to taking 12 million cars off the road or saving 6 billion gallons of gasoline a year.

2004 225

2004 2016 Emissions California 225

Green Car Congress

NOVEMBER 16, 2016

The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 billion barrels of natural gas liquids, according to an assessment by the US Geological Survey.

Oil 150

Oil Texas United States Delaware 150

Green Car Congress

MAY 12, 2016

Wellbores drilled to extract oil and gas can be significantly reinforced with a small amount of modified graphene nanoribbons added to a polymer and microwaved, according to Rice University researchers. Nam Dong Kim, Andrew Metzger, Vahid Hejazi, Yilun Li, Anton Kovalchuk, Seoung-Ki Lee, Ruquan Ye, Jason A. 6b01756.

Oil 150

Oil Gas Polymer Plug-in 150

Green Car Congress

JANUARY 10, 2018

In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 EIA also forecasts that 2019 crude oil production will rise further to an average of 10.8 US crude oil production averaged an estimated 9.3 million b/d set in 1970.

2018 207

2018 2019 Oil Production 207

Green Car Congress

APRIL 15, 2017

shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. In recent years, U.S. shale output.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

NOVEMBER 14, 2012

Through the swap, BASF aims to further expand its production of oil and gas via its wholly owned subsidiary Wintershall —Germany’s largest internationally active crude oil and natural gas producer—and to exit the gas trading and storage business. billion barrel of oil equivalent.

Gas 218

Gas Oil Production Russia 218

Green Car Congress

AUGUST 14, 2019

The California Air Resources Board’s latest state inventory of greenhouse gas emissions shows that California’s GHG emissions continue to decrease. Compared to 2016, California’s GDP grew 3.6% It does not include emissions from petroleum refineries and oil production. while the carbon intensity of its economy declined by 4.5%.

2017 230

2017 2016 Transportation Emissions 230

Green Car Congress

JANUARY 7, 2018

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. Wood Mackenzie currently expects around 350,000-400,000 b/d of oil production (just oil, not factoring in natural gas) by 2026 from there.

Guyana 150

Guyana Oil South America Suriname 150

Green Car Congress

APRIL 30, 2013

John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. There will not be enough oil to stay on the path we’re on globally over the short- and medium-, let alone the long-term. We need a competitor for oil.

Alternative Fuels 295

Alternative Fuels Oil Transportation Fuel 295

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

MAY 30, 2019

Total greenhouse gas emissions in the European Union (EU) increased by 0.7% According to the EEA’s Annual European Union greenhouse gas inventory 1990-2017 and inventory report 2019 , total greenhouse gas emissions (including international aviation) rose by 0.7% in 2017 compared with 2016. Source: EEA.

2017 191

2017 Emissions Transportation Gas 191

Green Car Congress

DECEMBER 10, 2015

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. A stripper is a small operator of very old oil wells that frequently produce less than five barrels per day of oil.

Oil Prices 150

Oil Prices Oil Price 2002 150

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

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.

Saudi Arabia 231

Saudi Arabia Oil-Sands Oil 2012 231

Green Car Congress

JANUARY 5, 2017

ExxonMobil has developed new technology for natural gas dehydration that employs a patented absorption system inside pipes and replaces the need for conventional dehydration tower technology. The droplet generator uses the energy from the flowing natural gas to create droplets of the right size.

Gas 150

Gas Water New Jersey Houston 150

Green Car Congress

APRIL 30, 2021

In the period 2016-2020, the port of Rotterdam reduced its total carbon emissions by 27%. The port’s total emissions volume combines those released by industrial production (refineries, chemical companies) and electricity generation (gas- and coal-fired power plants). From 2016 on, the port was able to report substantial reductions.

Carbon 259

Carbon Emissions Netherlands Coal 259

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. by Nick Cunningham of Oilprice.com.

Argentina 150

Argentina Oil Oil Prices Chevron 150

Green Car Congress

DECEMBER 17, 2013

Shell Canada and Caterpillar have signed an agreement to test a new dual fuel engine and fuel mix using liquefied natural gas (LNG) that could reduce operating costs and lead to reduced emissions from oil sands mining in northern Alberta.

Oil-Sands 230

Oil-Sands Canada Oil Fuel 230

Green Car Congress

NOVEMBER 14, 2022

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. CO 2 emissions from natural gas use have grown a sustained 2.2% CO 2 emissions from oil use are expected to grow 2.2% [0.9% Emissions from gas are projected to rise by 4.7% Emissions from gas are projected to rise by 4.7%

Global 221

Global Emissions Carbon Coal 221

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy. m b/d thresh- old.

Saudi Arabia 150

Saudi Arabia Oil Production Climate 150

Green Car Congress

FEBRUARY 5, 2018

However, oil will continue to play a leading role in the world’s energy mix, the report finds. In the forecast, global transportation-related energy demand grows close to 30% from 2016 to 2040. The share of the world’s electricity generated by coal is expected to fall to less than 30% in 2040 from approximately 40% in 2016.

Light 170

Light Oil Fuel Vehicles 170

Green Car Congress

JANUARY 29, 2020

The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is no climate benefit from using liquefied natural gas (LNG) as a marine fuel—regardless of the engine technology. First, it contains very little sulfur.

Mariner 427

Mariner Climate Fuel Oil 427