Green Car Congress

JULY 29, 2020

Canadian oil sands production is expected to decline by nearly 175,000 barrels per day (b/d) in 2020 as a result of COVID-19—the largest annual decline on record. The new forecast by the IHS Markit Oil Sands Dialogue , which takes into account the “COVID-19 shock,” projects Canadian oil sands production to reach 3.8

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Oil-Sands Oil 2020 Production 221

Green Car Congress

DECEMBER 31, 2022

In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). per barrel in 2020 to $66.26 per million British thermal units (MMBtu) in 2020 to $3.67/MMBtu

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Oil Gas Alaska New Mexico 259

Green Car Congress

APRIL 29, 2022

China processed record amounts of crude oil in 2021 to meet rising domestic consumption of petroleum products, according to analysis by the US Energy Information Administration (EIA). According to China’s National Bureau of Statistics, China processed a record 14 million barrels per day (b/d) of crude oil in 2021, a 4.6%

Oil 370

Oil Gasoline China Diesel 370

Green Car Congress

JULY 7, 2021

In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 2020 marked the largest annual decrease in US fossil fuel consumption in both absolute and percentage terms since at least 1949, the earliest year in the EIA annual data series.

2020 418

2020 Fuel Coal Gas-Electric 418

Green Car Congress

APRIL 14, 2023

million metric tons of carbon dioxide equivalents after accounting for sequestration from the land sector—representing a 6% increase from 2020. For this latest release, EPA has made several improvements, including updates to estimates for oil and gas and for flooded lands such as hydroelectric and agricultural reservoirs.

EPA 259

EPA 2020 Emissions Climate Change 259

Green Car Congress

JUNE 14, 2022

bp has agreed to sell its 50% interest in the Sunrise oil sands project in Alberta, Canada, to Calgary-based Cenovus Energy, the other owner of the Sunrise project. In Canada, bp will no longer have interests in oil sands production and will shift its focus to future potential offshore growth. 650 water depth.

Oil-Sands 370

Oil-Sands Oil Canada Water 370

Green Car Congress

OCTOBER 23, 2021

Every year, the California Air Resources Board (ARB) posts an Annual Crude Average carbon intensity calculation, using the the Oil Production Greenhouse Gas Emission Estimator (OPGEE) Model. Crude oil from California, Alaska and 11 countries account for 95% of the volume supplied to California in any given year. Source: CARB.

California 243

California 2020 Carbon Alaska 243

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.

Oil Prices 170

Oil Prices Oil Saudi Arabia Price 170

Green Car Congress

NOVEMBER 27, 2020

The fuel is produced from materials such as used oil from restaurants and the food industry. The first car freighter was refueled for the first time with this oil in mid-November 2020 and a second ship is due to follow at the beginning of 2021. This way, we reuse waste oil in an environmentally compatible way.

Oil 418

Oil Fuel Mariner Climate Protection 418

Green Car Congress

JUNE 23, 2022

A new analysis by European environmental NGO Transport & Environment finds that Europe burns more than 17,000 tonnes of rapeseed and sunflower oil every day—the equivalent of 19 million 1-liter bottles. Supermarkets have had to ration vegetable oils and prices are soaring. In a time of scarcity we must prioritize food over fuel.

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Oil Europe Ukraine Egypt 334

Green Car Congress

OCTOBER 10, 2020

Argonne National Laboratory’s Systems Assessment Center has released the 2020 version of the suite of GREET models and associated documentation. The following low-carbon alternative ammonia production pathways have been implemented in GREET 2020 release. road, air, marine, and rail) and other end-use sectors, and energy systems.

2020 324

2020 Gas-Electric Lithium Ion Mariner 324

Green Car Congress

JANUARY 30, 2023

In the first half of 2022, motors with oil cooling became the dominant form in the electric car market, taking 50% market share, according to a report from IDTechEx. IDTechEx is predicting oil to gain an even greater market share with purely water jacket-cooled motors remaining in a significant way. This is where oil cooling comes in.

Oil 273

Oil Motor Motors Motoring 273

Green Car Congress

FEBRUARY 20, 2022

In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in 2020, according to the US Energy Information Administration (EIA). million b/d. million b/d. million b/d in 2023.

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United States Oil 2020 International 511

Green Car Congress

JULY 29, 2021

The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high-quality oil-bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high-quality oil-bearing sandstone reservoirs.

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Guyana Oil Singapore Miles 243

Green Car Congress

APRIL 25, 2021

Additionally, Governor Newsom requested that the California Air Resources Board (CARB) analyze pathways to phase out oil extraction across the state by no later than 2045. California’s production of oil has been steadily dropping since 1985. According to the California Energy Commission, California oil represented 34.9%

Oil 221

Oil California Production Climate Change 221

Green Car Congress

MARCH 10, 2020

The California Air Resources Board (CARB) Executive Officer has certified the 2020 annual update to the carbon intensities (CI) of the lookup table pathways for a) California Average Grid Electricity Used as a Transportation Fuel in California and b) Electricity Supplied under the Smart Charging or Smart Electrolysis Provision. gCO 2 e/MJ.

2020 383

2020 2019 Transportation Fuel 383

Green Car Reports

JULY 12, 2018

Despite short term peaks and valleys, and a recent agreement by OPEC to ease production restrictions, the overall trend in oil prices is on the rise.

Oil Prices 152

Oil Prices Oil 2020 Price 152

Green Car Congress

APRIL 15, 2023

In its April Oil Market Report , the International Energy Agency (IEA) forecasts that world oil demand will climb by 2 mb/d in 2023 to a record 101.9 Extra cuts by OPEC+ will push world oil supply down 400 kb/d by end of 2023. For the year as a whole, global oil production growth slows to 1.2 million barrels per day.

Oil 186

Oil Ukraine Russia Brazil 186

Green Car Congress

APRIL 1, 2020

IHS Markit Crude Oil Markets service expects up to 10 MMb/d of world oil production will be cut or shut-in from April to June 2020 as oil storage fills up and output from financially strapped companies begins to fall. If oil cannot be sold or stored, it cannot be produced. Something has to give. And it will.

Saudi Arabia 186

Saudi Arabia Oil Production Russia 186

Green Car Congress

APRIL 6, 2022

By the middle of this decade greenhouse gas (GHG) emissions from Canadian oil sands production should be in decline even as production continues to grow, according to a new comprehensive report by S&P Global Commodity Insights that takes into account current technology trends and production growth. GHG intensity improvements do add up.

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Oil-Sands Oil Emissions Global 186

Green Car Congress

JANUARY 13, 2022

million to establish new geothermal energy and heat production from abandoned oil and gas wells. This work also supports the creation of new clean energy jobs, helping transition some of the oil and gas workforce to the production of renewable energy. The US Department of Energy (DOE) selected four new projects to receive up to $8.4

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Oil Oklahoma Gas Houston 199

Green Car Congress

DECEMBER 8, 2020

The data speaks to a major problem for the petroleum industry and oil prices as it recovers from unprecedented demand declines for most of 2020. A persistent rebound in global oil markets requires profitability in transportation products. and 1.1%, respectively. But that won’t happen until demand recovers.

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Gasoline 2020 Wyoming New Jersey 321

Green Car Congress

JANUARY 12, 2022

The US Energy Information Administration (EIA) forecasts that US oil production will average 12.4 million barrels per day during 2023, surpassing the record high for domestic crude oil production set in 2019. EIA also expects OPEC to increase its crude oil production to 28.9 increase from 2020. in 2022 and 25.2%

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Oil Coal Production Solar 199

Green Car Congress

FEBRUARY 27, 2022

bp has begun producing sustainable aviation fuel (SAF) from used cooking oil in co-processing process with crude oil at its plant in Lingen, Germany. Fats, Oils and Greases (FOG) co-processing is one of nine ASTM-approved conversion processes for SAF production. Earlier post.).

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Oil Germany Legal Washington 210

Green Car Congress

JANUARY 31, 2023

trillion cubic feet (Tcf) in 2021, a 32% increase from 2020, according to the US Energy Information Administration’s (EIA’s) recently released Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 report. per million British thermal units in 2021, almost doubling from 2020, according to data from Refinitiv.

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Gas Alaska Louisiana United States 457

Green Car Congress

NOVEMBER 24, 2020

By making use of a previously undesired side effect in oil recovery, researchers at Tokyo University of Agriculture and Technology (TUAT) have developed a method that yields up to 20% more heavy oil than traditional methods. Generally, less than 10% of heavy oil may be produced from reservoirs by natural flow after drilling the well.

Oil 243

Oil Water Sodium Polymer 243

Green Car Congress

MAY 29, 2020

A Northwestern Engineering-led team has developed a highly porous smart sponge that selectively soaks up oil in water. With an ability to absorb more than 30 times its weight in oil, the sponge could be used to clean up oil spills inexpensively and efficiently without harming marine life. —Vikas Nandwana.

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Water Oil Mariner Pollution 243

Green Car Congress

SEPTEMBER 13, 2020

Roskill expects demand for molybdenum to drop by more than 8% in 2020. If the market had been expecting a recovery in 2020, those hopes were quickly dashed as the COVID-19 pandemic forced governments worldwide to impose restrictive measures to slow the disease’s spread, but which also resulted in a sharp slowdown in economic activity.

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2020 2019 2018 Oil 186

Green Car Congress

APRIL 29, 2021

ExxonMobil announced an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana ( earlier post ). Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels. Source: ExxonMobil. Earlier post.)

Guyana 243

Guyana Oil Singapore Water 243

Green Car Congress

OCTOBER 29, 2016

The International Maritime Organization (IMO), the regulatory authority for international shipping, decided to implement a global sulfur cap of 0.50% m/m (mass/mass) (5,000 ppm) on fuel oil starting 1 January 2020 during its Marine Environment Protection Committee (MEPC), meeting for its 70 th session in London.

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Oil 2020 Puerto Rico Virgin Islands 150

Green Car Congress

JULY 18, 2020

Scientists from ExxonMobil, the Georgia Institute of Technology and Imperial College of London have published in the journal Science joint research on potential breakthroughs in a new membrane technology that could reduce emissions and energy intensity associated with refining crude oil. —Thompson et al.

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Georgia London Oil Polymer 337

Green Car Congress

APRIL 8, 2020

The trajectory of North American gas supply is set to change radically as a result of the fall in oil prices that has occurred due to COVID-19 and the breakdown in production cooperation between OPEC and Russia, according to IHS Markit. Associated gas is regular natural gas that is produced together with oil out of the same well.

Oil Prices 210

Oil Prices Oil Gas Supplies 210

Green Car Congress

OCTOBER 13, 2019

France’s Constitutional Council, the highest constitutional authority in the country, ruled in favor of excluding palm oil from the list of biofuels that enjoy tax incentives. The decision enters into force on 1 January, 2020. Oil company Total has estimated it is worth between €70 million and €80 million per year.

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Oil Tax Diesel Green 236

Green Car Congress

JANUARY 23, 2019

The latest crash in oil prices once again raises this prospect. On the one hand, lower oil prices – despite the recent rebound, prices are still down sharply from a few months ago – can cause some E&Ps to want to hold off on drilling new wells. It’s really 2020 and 2021.”. The calculus on completing wells can cut two ways.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

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Oil Global 2003 2007 276

Green Car Congress

JANUARY 23, 2022

After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil, and coal) increased by 2% in 2021 to 77.14 Crude oil accounted for 30%, coal for 15%, and natural gas plant liquids (NGPLs) for 9%. In 2020, US coal production had fallen to its lowest level since 1964.

Coal 448

Coal Production Fuel Oil 448

Green Car Congress

JUNE 24, 2021

Canadian oil sands production has fully recovered from last year’s “COVID-19 Shock”—the largest contraction of upstream production in Canadian history—and has exceeded pre-pandemic levels. The latest forecast by the IHS Markit Oil Sands Dialogue expects Canadian oil sands production to reach 3.6 MMbd in 2030.

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Oil-Sands Oil Production Oil Prices 170