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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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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.,

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Mercom: battery storage, smart grid, and efficiency companies raise $210M in VC funding in Q1 2019, down 55.5% YoY

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A combined $210 million was raised by battery storage, smart grid, and energy efficiency companies in Q1 2019—a 55.5% Smart Grid. Total corporate funding in Smart Grid came to $32 million in 16 deals compared to $272 million in 10 deals in Q4 2018. There were no battery storage project M&A transactions in Q1 2018.

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Lux: Total is leading example of oil supermajor expanding into solar plus storage and distributed generation

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France-based Total is the first oil supermajor aggressively to enter new areas of business including solar plus storage and distributed generation, notes Lux Research in a new report : “Superpower Darwinism: What Big Oil Can and Cannot Do About Total’s Billion-Dollar Battery Move.”.

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Pike Research scores Shell, BP highest in assessment of oil majors’ commercialization of biofuels

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Pike Pulse Grid for oil majors commercializing biofuels. With “easy oil” increasingly difficult to source and with an obvious stake in the future of the $2 trillion transportation fuel market, the world’s largest oil companies have begun charting strategies to bring biofuels to market at scale. Source: Pike Research.

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Top Ten Greenhouse Gasers in California Currently Destroying Your Childrens’ Future

Creative Greenius

Chevron Refinery, El Segundo, California. Chevron Refinery, Richmond: 4,792,052 metric tons. Shell Oil Refinery, Martinez: 4,570,475 metric tons. Chevron Refinery, El Segundo: 3,603,446 metric tons (8.4 Shameless would be a step up for Chevron. BP Refinery, Carson: 4,504,286 metric tons (9 miles from my house).

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US DRIVE releases 2012 technical accomplishments report: vehicles, fuels and crosscutting research

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Crosscutting topics include codes and standards; onboard hydrogen storage; and grid interaction. five energy companies—BP America, Chevron Corporation, Phillips 66 Company, ExxonMobil Corporation, and Shell Oil Products US; two electric utilities—DTE Energy and Southern California Edison; and the Electric Power Research Institute.

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DOE expands partnership with industry to advance next-generation automotive technologies, adds Tesla and EPRI as members: US DRIVE

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Energy industry: BP America, Chevron Corporation, ConocoPhillips, ExxonMobil Corporation, and Shell Oil Products US. Vehicle-to-electricity grid interaction. Electric utility industry: DTE Energy, Southern California Edison, and the Electric Power Research Institute. Batteries/electrochemical energy storage. Hydrogen production.

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