Remove Cost Of Remove Light Remove Production Remove Venezuela
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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

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. Current product flow at Kern River field. Data: California DOGGR.

Chevron 244
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IHS-CERA concludes “no material impact” on US GHG from Keystone XL; heavy crude from Venezuela most likely replacement

Green Car Congress

In the absence of the pipeline, alternate transportation routes would result in oilsands production growth being more or less unchanged, IHS CERA found. IHS currently expects oil sands production to grow from 1.9 mbd in 2030 and does not expect the Keystone XL decision to have a material impact on the production outlook.

Venezuela 275
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Mad Power thoughts

EV Info

The cost of grid management has soared to nearly £2billion a year in the last two decades. Wind can indeed be light everywhere and the grid still needs vast extra investment to transfer wind power from northern Scotland to southern England. So that leaves gas with the task of keeping the lights on. Energy Solutions.

Power 52
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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

Subsequently, to defend market share, the Saudis increased production, which exacerbated market oversupply and further pressured prices. Venezuela, an OPEC member, has even proposed an emergency summit meeting. This decision set crude prices on a downward path. and EU Ukraine-related economic and financial sanctions.

Russia 150
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Electric cars to account for 64 per cent of car sales by 2030

Green Cars News

It is the first study to forecast the adoption rates of electric vehicles with pay-per-mile service contracts that finance the cost of the battery. In previous studies, projected adoption rates have generally been based on electric vehicle sales as standalone products. light-vehicle fleet by 2030.

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How to Prevent Blackouts by Packetizing the Power Grid

Cars That Think

Spiking demand for electric heat collided with supply problems created by frozen natural-gas equipment and below-average wind-power production. Similar mismatches in supply and demand contributed to massive cascading blackouts in August 2003 in the northeastern United States and Canada, in July 2012 in India , and in March 2019 in Venezuela.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

The transport sector—which depends almost entirely on oil products, with 93% of all the fuel used in the sector being oil-based in 2010—remains the main driver of global oil demand as economic growth increases demand for personal mobility and freight. Passenger light-duty vehicles. Electric vehicles. —WEO 2011.

Oil 247