Green Car Congress

JUNE 12, 2017

Researchers at Pacific Northwest National Laboratory, with colleagues from Los Alamos, Sandia and NREL, are working to lower the cost of producing biofuels from algae. Biomass productivity in LEAPS was the same as in outdoor ponds. Determining strains of algae that are highly productive could help lower the cost of biofuel production.

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Green Car Congress

NOVEMBER 7, 2019

US shale production—the chief source of rapid growth that made the United States the world’s largest oil producer—is slowing down fast, says a new report by IHS Markit. Investors are imposing capital discipline on E&P’s by pushing down equity prices and pushing up the cost of capital on debt markets.

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Green Car Congress

FEBRUARY 25, 2023

An upgrade from the previous fueling station offering oil, gas, hydrogen, electric charging services, the integrated complex can produce 1,000 kilograms of hydrogen a day, with a purity of 99.999%. Sinopec’s solution has tackled the bottlenecks of low transport capacities, high costs and long loading times. Sinopec Fuel Oil Sales Co.,

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Hydrogen China Waste Oil 418

Green Car Congress

OCTOBER 11, 2017

Researchers from Carnegie Mellon University and the University of Pittsburgh have found that the air pollution and greenhouse gas costs of shipping crude by rail are nearly twice as large as those for oil pipelines. Movements of petroleum products, particularly crude oil, have received enormous media attention.

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Pollution North Dakota Cost Of Oil 230

Green Car Congress

JANUARY 23, 2019

Some level of DUCs is normal, but the ballooning number of uncompleted wells has repeatedly fueled speculation that a sudden rush of new supply might come if companies shift those wells into production. The latest crash in oil prices once again raises this prospect. production levels. DUCs may keep U.S.

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Oil Oil Prices 2019 Price 236

Green Car Congress

JANUARY 27, 2023

The US Department of Energy (DOE) will award some $118 million in funding for 17 projects to accelerate the production of sustainable biofuels. Topic Area 1: Pre-Pilot Scale-Up of Integrated Biorefineries Algenesis Corporation, “Pre-Pilot Scale Production of Algae-based Jet Fuel and Polyurethane Monomers”, $4,987,974.

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Production Carbon Conversion Mariner 225

Green Car Congress

OCTOBER 23, 2014

The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. There are now 1,590 active oil rigs, the lowest level in six weeks. 17, compared to the prior week.

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Oil Prices Oil Saudi Arabia Oil-Sands 247

Green Car Congress

OCTOBER 1, 2012

The cost associated with replacing a barrel of produced oil has risen from $6 per barrel in 1998 to $27 per barrel in 2011, according to Lux Research—an increase of 350%. Unconventional oil will be a key area of focus for producers. will be in the oil sands. Cost to replace each barrel of oil produced.

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Oil Oil-Sands Cost Of Oil Prices 225

Green Car Congress

DECEMBER 10, 2015

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. A stripper is a small operator of very old oil wells that frequently produce less than five barrels per day of oil.

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Oil Prices Oil Price 2002 150

Green Car Congress

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

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Oil Prices Oil Industrial Industry 170

Green Car Congress

MAY 3, 2017

Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

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Green Car Congress

JANUARY 7, 2015

Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.”

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Oil Oil Prices Gas Production 150

Green Car Congress

DECEMBER 12, 2021

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

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Price Oil Asia Gas 416

Green Car Congress

MARCH 3, 2017

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. by Nick Cunningham of Oilprice.com.

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Green Car Congress

OCTOBER 2, 2019

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

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Oil Gas Oil Prices Water 199

Green Car Congress

OCTOBER 17, 2014

One method of producing biofuels is through the pyrolysis of biomass to bio-oils and successive refinery of bio-oils, and this process has been identified as the most cost-effective approach. The key issue in the bio-oil upgrading is to efficiently reduce their high oxygen content (?20?40 The iron rusts. —Yong Wang.

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Oil Production Hydrogen Water 218

Green Car Congress

MARCH 15, 2014

The government of Jordan and the Saudi Arabian Corporation for Oil Shale (SACOS) recently signed a $2-billion agreement under which the government grants the Saudi company the right to extract and to develop the oil shale resources in the Attarat Um-AL-Ghudran region covering an area of 11 square kilometers.

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Jordan Oil Companies Estonia 257

Green Car Congress

MARCH 13, 2012

Researchers at the University of Alberta (Canada) have quantified the transformation of the boreal landscape by open-pit oil sands mining in Alberta, Canada to evaluate its effect on carbon storage and sequestration. t of CO 2 lost, as much as 7-y worth of mining and upgrading emissions at 2010 production levels. —Rooney et al.

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Oil-Sands Oil Carbon Conversion 270

Green Car Congress

JUNE 23, 2022

He also continued his calls for the oil industry to increase refinery capacity to increase production. An update was due 21 June, but EIA said that data product releases scheduled for this week—20 June 2022—will be delayed as a result of systems issues.) Other important suppliers to the US.,

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Green Car Congress

MAY 19, 2023

Oleo-X says that its chemistry formulates a product that can extend RD and SAF unit catalyst lives by years. The purity of the feed reduces the revamp cost of converting existing conventional refining units to process renewable feedstock, while also lowering carbon intensity.

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Green Car Congress

FEBRUARY 25, 2014

Made from the residue left behind after production of gasoline, plastics, and other materials, asphalt still commands $700-800 per ton, or half the price of gasoline at $1,500 per ton, Wen estimates. In Iowa, for example, scientists are making a corn-based bioasphalt from residue left after the production of ethanol.

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Oil Oil-Sands North Carolina Iowa 255

Green Car Congress

JUNE 9, 2014

Production costs per barrel of oil equivalent. The cost of electrofuels—fuels produced by catalyst-based systems for light capture, water electrolysis, and catalytic conversion of carbon dioxide and hydrogen to liquid fuels—remains far away from viable, according to a new analysis by Lux Research. Background.

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Cost Of North Carolina Conversion Hydrogen 210

Green Car Congress

MARCH 25, 2013

Secretary of the Interior Ken Salazar last week announced the Department of the Interior’s final plan for encouraging research, development and demonstration (RD&D) of oil shale and oil sands resources on Bureau of Land Management (BLM) lands in Colorado, Utah and Wyoming. Earlier post.).

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Oil-Sands Oil Wyoming Utah 225

Green Car Congress

MAY 12, 2017

Alberta Innovates has teamed up with Natural Resources (NRCan) and industry partners to take three clean oil sands technologies to commercial demonstration. This announcement is a result of NRCan’s Oil and Gas Clean Tech Program. Cenovus Energy will test an oil sands extraction technology using a solvent-driven process.

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Oil-Sands Oil Clean Cleaning 150

Green Car Congress

DECEMBER 2, 2014

Biodiesel producers can thereby use cooking oil or other lower grade oils as biodiesel feedstock, reducing their raw material costs. Growing demand for vegetable oil in the food industry has resulted in increased prices, causing biodiesel producers to search for alternative—and more sustainable—feedstocks.

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Waste Oil Convert Commercial 225

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. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

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Green Car Congress

DECEMBER 21, 2011

Imperial Oil Limited’s board of directors has approved the expansion phase of the Kearl Oil Sands Project, a surface mining operation under construction northeast of Fort McMurray, Alberta. Imperial Oil’s share of the Kearl Oil Sands asset is 71%. —Imperial Oil Chairman, President and CEO Bruce March.

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Green Car Congress

NOVEMBER 28, 2012

The Board of Directors of Canada-based Athabasca Oil Corporation has given the go-ahead to the company’s $536-million Hangingstone 1 SAGD (steam-assisted gravity drainage) Project; the company also reaffirmed that its Light Oil Division is on track to meet its year-end production target of 10,000 to 11,000 barrels of oil.

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Oil-Sands Oil Corporation Light 199

Green Car Congress

FEBRUARY 25, 2016

Production cost and breakeven figures that analysts enjoy bandying can trap you in bubble of black-and-white mathematics that is a few brush-strokes shy of a full picture. Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data.

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Saudi Arabia Oil Oil-Sands Iraq 150

Green Car Congress

JUNE 8, 2022

Engineers at the University of Pittsburgh Swanson School of Engineering are using membrane distillation technology to enable drillers to filter and reuse the produced water in the oil and gas industry, in agriculture, and other beneficial uses. The method is already being tested in Texas, North Dakota, and most recently in New Stanton, Pa.

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Water North Dakota Oil-Sands Engine 303

Green Car Congress

JUNE 9, 2016

The study provides a comprehensive lifecycle analysis (LCA), or cradle-to-grave (C2G) analysis, of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways, as well as the levelized cost of driving (LCD) and cost of avoided GHG emissions. Levelized cost of driving (LCD). no scenario analysis.

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Cost Of Light Fuel Economy Vehicles 150

Green Car Congress

DECEMBER 10, 2012

billion program of pipeline expansions to carry an additional 400,000 barrels per day (bpd) of light oil from North Dakota and western Canada to refinery markets in Ontario, Quebec and the US Midwest. Estimated capital cost of this project is approximately $2.5 Initial capacity of 300,000 bpd at an estimated cost of $0.8

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Green Car Congress

MAY 19, 2022

The new JV will have rights to sell e1NA’s S-Series product for applications in backup power generation, the M-Series for on-board vehicle hydrogen generation, and the L-Series product for EV charging, hydrogen refueling stations, and distributed power generation. Element 1 L/M-Series Hydrogen Generator.

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Hydrogen China Legal Carbon 418

Green Car Congress

AUGUST 17, 2012

Neste Oil and Stora Enso have decided not to progress with their plans to build a commercial-scale biomass-to-liquids plant using a Fischer-Tropsch process with wood biomass feedstock. We have calculated the cost of the project very carefully and realistically. Earlier post.).

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Green Car Congress

MARCH 16, 2015

Researchers from A*STAR in Singapore have developed a fungal culture for use in a cheap and efficient method to transform waste oil palm material into biofuels and environmentally friendly plastics. After the harvest of the fruit from oil palm trees, large amounts of leftover biomass known as empty fruit bunch remain. Bhaskar, R.

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Waste Oil Production Convert 150

Green Car Congress

APRIL 24, 2015

Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? After the oil price crash in 1985, it took almost twenty years for prices to revert to previous levels.

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Saudi Arabia Oil Prices Oil Price 150

Green Car Congress

DECEMBER 30, 2015

OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. mb/d between 2020 and 2025, 3.3

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