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Eni Makes Giant Gas Discovery in Offshore Venezuela

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Italian oil major Eni made a world class gas discovery at its Perla field, in the shallow water of the Venezuelan offshore, successfully drilling an explorative well in the Perla field, located in the Cardon IV block, in the Gulf of Venezuela. The Venezuelan state company PetrĂ³leos de Venezuela S.A.

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Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

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The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. This heat causes the nearby hydrocarbons—and any surrounding water molecules—to break apart (thermolysis).Thermolysis, Proton Technologies is commercializing the process.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

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In October, after ExxonMobil announced its fifth oil discovery after drilling the Turbot well, analysts at energy analytics company Wood Mackenzie observed that Guyana, which is currently a non-oil producing country, might soon become an oil and gas powerhouse in South America. ExxonMobil affiliate Esso Exploration and Production Guyana Ltd.

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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. Data: California DOGGR. Click to enlarge. in 1988 to just above 2.3 Source: Chevron.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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New catalytic system for conversion of CO2 to methanol shows much higher activity than others now in use

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Scanning tunneling microscope image of a cerium-oxide and copper catalyst (CeO x -Cu) used in the transformation of CO 2 and H 2 to methanol (CH 3 OH) and water. The Instituto de Tecnologia Venezolana para el Petroleo supported part of the work carried out at the Central University of Venezuela. Source: BNL. Click to enlarge.

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U Calgary study finds oil shale most energy intensive upgraded fuel followed by in-situ-produced bitumen from oil sands

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A team at the University of Calgary (Canada) has compared the energy intensities and lifecycle GHG emissions of unconventional oils (oil sands and oil shale) alongside shale gas, coal, lignite, wood and conventional oil and gas. How does this relate to the life cycle greenhouse gas (GHG) emissions intensity?

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