Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Source: Chevron. Here, Chevron has reduced its steam:oil ratio (i.e.,

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

FEBRUARY 6, 2013

Chevron Corporation’s Cabinda Gulf Oil Company Limited subsidiary will proceed with the development of the Mafumeira Sul project located offshore Angola. Once online in 2015, the project will build to a production capacity of 110,000 barrels of crude oil and 10,000 barrels liquefied petroleum gas per day.

Angola 225

Angola Chevron Oil 2009 225

Green Car Congress

JULY 17, 2013

A subsidiary of Chevron Corporation signed an agreement with affiliates of the Argentine oil company YPF S.A. that furthers the development of shale oil and gas resources from the Vaca Muerta formation located in the Neuquén province. Earlier post.) The agreement calls for initial outlays of approximately $1.24

Chevron 220

Chevron Argentina Oil Corporation 220

Green Car Congress

JANUARY 5, 2013

Exxon Mobil Corporation will develop the Hebron oil field offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million barrels of oil, an increase from earlier estimates. The platform is being designed for daily production of 150,000 barrels of oil.

Oil 356

Oil Chevron Canada Corporation 356

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

JANUARY 29, 2015

Chevron Corporation’s subsidiary, Chevron USA will now work with BP Exploration and Production Inc. (BP) BP) and ConocoPhillips Company (COP) to explore and to appraise jointly-held offshore leases in the emerging Paleogene trend in the deepwater Gulf of Mexico. Chevron has acquired an interest in Tiber and Gila from BP.

Chevron 150

Chevron Mexico Oil Louisiana 150

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

JUNE 3, 2021

The company will produce its XRD renewable diesel from vegetable oil, fats and waste cooking oils through a proprietary process. UrbanX renewable diesel can cut lifecycle greenhouse gas emissions by up to 85%, according to Bruce Melgar, UrbanX president. The company will soon disclose the exact plant location.

Renewable 221

Renewable Diesel Long Beach Hyundai 221

Green Car Congress

NOVEMBER 17, 2011

Shell Oil Company is now producing oil from what it says is the world’s deepest subsea well at its Perdido Development. Tobago is jointly owned by Shell (32.5%, as operator), Chevron (57.5%), and Nexen (10.0%) and is one of three fields producing through the Perdido drilling and production platform. Earlier post.)

Mexico 236

Mexico Oil Gas Chevron 236

Green Car Congress

MARCH 22, 2020

A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” The report was developed with input from 19 companies and organizations: Air Liquide; American Honda Motor Co., Inc; Audi; Chevron; Cummins Inc.;

Economy 521

Economy Hydrogen Low Cost Chevron 521

Green Car Congress

DECEMBER 29, 2012

Argentina state-owned energy company YPF and Bridas, an Argentina-based oil and gas company 50% owned by China National Offshore Oil Corporation, agreed to invest $1.5 While most of the development is targeting unconventional oil will, a portion will be for wet gas exploitation. of Bandurria.

Argentina 262

Argentina Oil Chevron Gas 262

Green Car Congress

APRIL 11, 2012

Clathrate hydrate formation and subsequent plugging of deep-sea oil and gas pipelines represent a significant bottleneck for deep-sea oil and gas operations. — Methane hydrates can freeze upon contact with cold water in the deep ocean, are a chronic problem for deep-sea oil and gas wells. Resources.

MIT 225

MIT Oil Gas Chevron 225

Green Car Congress

DECEMBER 8, 2011

Chevron Corporation announced a $32.7 Included in the 2012 program are $3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 China: development of the Chuandongbei natural gas project.

Chevron 170

Chevron 2012 Angola Saudi Arabia 170

Green Car Congress

SEPTEMBER 13, 2012

The company will use a portion of the proceeds from these asset sales to fully repay its $4.0 Chesapeake has entered into purchase and sale agreements with three companies covering the vast majority of its Permian Basin assets for total net proceeds of approximately $3.3 a subsidiary of Chevron Corporation.

Chevron 225

Chevron Delaware Oklahoma City Purchase 225

Green Car Congress

JUNE 27, 2018

During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. —Svetlana Doh, Oil & Gas Analyst at GlobalData.

Oil 236

Oil Chevron Texas New Mexico 236

Green Car Congress

SEPTEMBER 4, 2014

One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize—and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas. Earlier post.].

Argentina 319

Argentina Chevron Oil Gas 319

Green Car Congress

MAY 14, 2012

Oil and gas services company Schlumberger defines artificial lift as any system that adds energy to the fluid column in a wellbore with the objective of initiating and improving production from the well. Artificial-lift systems use a range of operating principles, including rod pumping, gas lift and electric submersible pumps.

Oil-Sands 210

Oil-Sands Companies Chevron Energy 210

Green Car Congress

SEPTEMBER 7, 2011

Pending confirmation through future appraisal drilling, the total hydrocarbons initially in place in the Mad Dog field complex are now estimated to be up to four billion barrels of oil equivalent. interest, Chevron Corporation, through its subsidiary Union Oil Company of California, has a 15.6% BHP Billiton has a 23.9%

Mexico 220

Mexico Oil Oil-Sands Chevron 220

Green Car Congress

MARCH 31, 2012

Alaska Governor Sean Parnell announced that two major milestones have been met in the state’s effort to bring Alaska’s North Slope natural gas to Alaskans and markets beyond. The North Slope holds more than 35 trillion cubic feet of discovered natural gas. The companies have agreed to firm timetables for production at Point Thomson.

Alaska 277

Alaska Gas Canada Legal 277

Green Car Congress

FEBRUARY 15, 2013

The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. The average production is estimated at around 55,000 barrels of oil per day over the plateau period from 2017 to 2020. Location of the Mariner field.

Mariner 225

Mariner Oil Climate Change 2007 225

Green Car Congress

SEPTEMBER 17, 2013

Estimated inventories of methane emissions from the natural gas production sector, excluding processing and transmission. A team of researchers from UT Austin’s Cockrell School of Engineering and environmental testing firms URS and Aerodyne Research completed measurements at 190 natural gas production sites across the United States.

Austin 218

Austin Gas Emissions Production 218

Green Car Congress

JANUARY 28, 2014

The California Air Resources Board announced nearly $1 million in penalties against 3 companies for late or inaccurate reporting of their greenhouse gas emissions for 2011. This action marks the second time the Air Resources Board has issued fines for violations of California’s Mandatory Greenhouse Gas Emissions Reporting regulation.

Las Vegas 246

Las Vegas California Emissions Chevron 246

Green Car Congress

DECEMBER 21, 2013

Chevron, GreenPex, Shell and NUNAOIL are awarded an exclusive licence to exploration and exploitation of hydrocarbons in the Greenland Sea area, licence bloc 9 (“Umimmak”). NUNAOIL is the the only national oil company only in the Arctic; it participates in every license on behalf of the government of Greenland. —Runi M.

Grant 210

Grant Chevron 2007 Oil 210

Creative Greenius

OCTOBER 18, 2013

Why would your Creative Greenius walk away from his high-paying, highly rewarding executive role at CBS EcoMedia where I was working to fund environmental, education, and wellness projects all across the USA, just as the company hit more growth milestones and was likely to pay generous bonuses? ” What a no-brainer.

Climate Change 358

Climate Change Climate Chevron Oil 358

Green Car Congress

JUNE 13, 2015

Stanford University has launched a new research initiative to study comprehensively the development and use of natural gas. The new program will expand Stanford’s research on energy and the environment by focusing additional resources on the growing importance of natural gas. —Mark Zoback.

Gas 150

Gas Asia Mercury Chevron 150

Green Car Congress

APRIL 23, 2019

A combined $210 million was raised by battery storage, smart grid, and energy efficiency companies in Q1 2019—a 55.5% Thirteen investors participated in battery storage funding this quarter with energy storage downstream companies raising the most. There were no debt and public market financing deals announced in Q1 2018.

2019 170

2019 Grid Companies 2018 170

Green Car Congress

SEPTEMBER 19, 2010

Shell, as operator of the Athabasca Oil Sands Project (AOSP), announced the successful start of production of a 100,000 barrels per day expansion of its oil sands operations in Canada. The Jackpine Mine adds capacity of 100,000 barrels of oil equivalent (boe) per day to the existing Muskeg River Mine capacity of 155,000 boe per day.

Oil-Sands 210

Oil-Sands Oil Chevron Canada 210

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Oil production is expected to begin in late 2021. Oil production is expected to begin in late 2021. In 2013, BP (operator, with 60.5% —Bob Dudley, BP Group Chief Executive. Earlier post.).

Mexico 150

Mexico Chevron Oil Oil Prices 150

Green Car Congress

JULY 22, 2010

Chevron, ConocoPhillips, ExxonMobil and Shell plan to build and deploy a rapid response system that will be available to capture and contain oil in the event of a potential future underwater well blowout in the deepwater Gulf of Mexico. The companies have committed $1 billion to fund the initial costs of the system.

Mexico 186

Mexico Oil Chevron Mariner 186

Green Car Congress

NOVEMBER 5, 2012

A research team led by The University of Texas at Austin, and including engineering and environmental testing firms URS and Aerodyne Research, is conducting a major field study to measure methane emissions from natural gas production, about which little empirical data exist.

Austin 210

Austin Universal Texas Gas 210

Green Car Congress

DECEMBER 19, 2010

Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

Coal 210

Coal Oil Water Oil Prices 210

Green Car Congress

JULY 22, 2015

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran’s crude oil supply would further contribute to the already rising global supply glut. oil sector is likely to witness a lot more layoffs than we have seen so far?

Oil Prices 150

Oil Prices Oil Price 2015 150

Green Car Congress

OCTOBER 8, 2009

The provincial government of Alberta and the federal government of Canada will invest C$865 million (US$822 million) in a large-scale Carbon Capture and Storage (CCS) project in the Athabasca oil sands. No funds will be dispersed until the companies enter into a funding agreement. The project will capture and store up to 1.2

Oil-Sands 186

Oil-Sands Canada Oil Carbon 186

Green Car Congress

JANUARY 23, 2011

Eni signed a Memorandum of Understanding with CNPC/Petrochina, the biggest listed national oil company in the world. In particular, the companies will study common opportunities jointly to expand their operations in conventional and unconventional hydrocarbons in Africa. Eni has been present in China since 1984.

Africa 218

Africa China Chevron North America 218

Green Car Congress

MARCH 20, 2013

the US subsidiary of Oxford Catalysts Group, a developer of smaller scale Gas-to-Liquids (GTL) technology,filed a case in the UK High Court against CompactGTL Limited alleging infringement of a number of the Group’s patents. Velocys, Inc., The Group continues to patent, with 87 patents having been granted in the past 12 months.

Chevron 225

Chevron Legal Gas Grant 225

Green Car Congress

APRIL 1, 2015

The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere. This translates to an estimated 802 trillion cubic feet of technically recoverable shale gas and 27 billion barrels of oil.

Argentina 150

Argentina Oil Oil Prices Environment 150

Green Car Congress

MARCH 17, 2012

An analysis of the US refining sector, based on linear programming (LP) modeling, finds that refining plausibly high volumes of Canadian oil sands crudes in US refineries in 2025 would lead to a modest increase in refinery CO 2 emissions (ranging between 5.4% The study published in ES&T was funded by Chevron Energy Technology Company.

Oil-Sands 247

Oil-Sands Oil Emissions CO2 247