Green Car Congress

MARCH 26, 2014

The rise in China’s net imports of petroleum and other liquids is driven by steady economic growth, with rapidly rising Chinese petroleum demand outpacing production growth. US total annual petroleum and other liquids production is expected to rise 31% between 2011 and 2014 to 13.3 Click to enlarge. million barrels per day in 2005.

United Arab Emirates 261

United Arab Emirates Sudan Saudi Arabia China 261

Green Car Congress

DECEMBER 8, 2011

We believe these investments will yield significant production growth and reward our shareholders for years to come. By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 billion is planned for exploration and production activities, including major natural gas-related projects.

Chevron 170

Chevron 2012 Angola Saudi Arabia 170

Green Car Congress

APRIL 4, 2011

A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge.

Waste 260

Waste Gas Equatorial Guinea Gas-Electric 260

Green Car Congress

MARCH 13, 2015

mb/d, as losses in Libya and Iraq offset higher supply from Saudi Arabia, Iran and Angola. mb/d in the final quarter of 2014 and in line with projected oil product demand growth. related product draws. expected US crude supply, raising the 2015 North American outlook. OPEC crude output edged down by 90 kb/d in February to 30.22

2015 150

2015 Oil Saudi Arabia Market 150

Green Car Congress

DECEMBER 6, 2012

an independent oil exploration and production company focusing on the deepwater US Gulf of Mexico and offshore Angola and Gabon, announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico. Cobalt International Energy, Inc., In the Gulf of Mexico, Total also holds a 33.3%

Mexico 218

Mexico Oil-Sands Gabon Angola 218

Green Car Congress

APRIL 14, 2014

Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. With a production capacity of 230,000 barrels per day, Kaombo will develop estimated reserves of 650 million barrels. Associated gas will be exported to the onshore Angola LNG plant.

Angola 170

Angola Oil 2013 France 170

Green Car Congress

JUNE 17, 2015

Exxon Mobil has started production at its Kearl oil sands expansion project in Alberta, Canada ahead of schedule; the expansion is expected to double overall capacity to 220,000 barrels of bitumen a day, with the expansion itself ultimately expected to reach 110,000 barrels per day. Kearl will access approximately 4.6 Earlier post.).

Oil-Sands 150

Oil-Sands Oil Angola Nigeria 150

Green Car Congress

JANUARY 13, 2012

First production is expected at the end of 2016. In delivering this important project into production we will be securing vital long-term energy supply to Japan.Ichthys production volumes represent more than 10% of Japan’s LNG imports at current. In addition to its LNG production, the Ichthys project is expected to generate 1.6

Australia 210

Australia United Arab Emirates Yemen Angola 210

Green Car Congress

MAY 2, 2021

Targeted production is around 12,500 annualized tonnes of rare earth oxides, including 4,500 tonnes of magnet metal rare earth oxides (NdPr), which would represent approximately 5% of 2025 projected world demand. The Saltend plant would purify rare earth sulfates, which would be imported from the company’s Longonjo mine in Angola.

Angola 345

Angola Wind China Hydrogen 345

Green Car Congress

AUGUST 25, 2015

While the IEA projects surplus production will begin to recede in 2H 2016, they are suffering now (and in any case, it is a projection). The Saudis sold their change to their fellow OPEC members as being in OPEC’s general interest. percentage points. Moreover, Saudi policy, combined with the impact of U.S. million barrels/day in 2014 to 7.55

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

MARCH 12, 2011

Begun in December 2007, development of the Pazflor oil field 150 kilometers (93 miles) offshore Angola is one of the biggest projects currently operated by Total. The subsea production system for Pazflor’s three Miocene reservoirs includes three subsea separation units. Pazflor SSU. Click to enlarge.

Oil 199

Oil Angola Water Installation 199

Green Car Congress

OCTOBER 6, 2015

The Saudi decision to let the market set prices and to pursue market share, has led to steep declines in crude and petroleum product prices. They pose an existential threat to the industry and therefore to the Russian economy: The revenues Russia can earn from its crude and natural gas exports face intense pressure.

Russia 150

Russia Saudi Arabia Iran Iraq 150

Green Car Congress

FEBRUARY 16, 2009

billion oil-equivalent barrels—the bulk of it from Canadian oil sands—replacing 103% of production. Excluding the impact of asset sales, reserves additions replaced 110% of production. Proved additions were also made in a diverse range of countries including the United States, Norway, Nigeria, Angola and Australia.

2008 150

2008 Oil-Sands Angola Production 150

Green Car Congress

NOVEMBER 30, 2022

These include the financing and construction of an oil refinery in the DRC to be owned jointly by both countries to meet regional demand for refined petroleum products, along with the construction of storage facilities for refined products. West-Central Coastal Province, West Africa. —DRC Minister Didier Budimbu Ntubuanga.

Equatorial Guinea 312

Equatorial Guinea Guinea Oil Cameroon 312

Green Car Congress

FEBRUARY 14, 2014

During the production test in the oil interval, the well flowed more than 5,000 barrels of oil per day at 36° API gravity. Eni has been present in Congo since 1968 and today has an equity production of 105,000 barrels of oil per day in the country. billion barrels of oil equivalent in place.

Congo 230

Congo Liberia Gabon Mariner 230