Green Car Congress
JANUARY 26, 2023
In its January 2023 Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that crude oil production in the United States will average 12.4 In 2022, US crude oil production averaged an estimated 11.9 The forecast of crude oil production in the Permian increases by 470,000 b/d to average 5.7
Green Car Congress
AUGUST 9, 2023
The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 In its August Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 12.8 EIA forecasts the Brent crude oil price to increase the rest of 2023 and to approach $90 per barrel in late 2023.
Green Car Congress
NOVEMBER 27, 2022
Purchase and importation into Venezuela of goods or inputs related to the activities described in this general license, including diluents, condensates, petroleum, or natural gas products. from receiving profits from the oil sales by Chevron. This authorization prevents PdVSA (Petróleos de Venezuela, S.A.) Chevron currently holds a 39.2%
Green Car Congress
NOVEMBER 28, 2022
million in R&D funding to Elomatic Oy’s project development company Green NortH2 Energy. With the loan, the Finland-based company is developing a green hydrogen and ammonia production concept. Green NortH2 Energy intends to set up the first green ammonia production plant in Naantali.
Green Car Congress
JANUARY 6, 2023
H2Carrier AS and Greenland-based Anori A/S have signed a Letter of Intent (LOI) with the purpose of developing the first commercial wind farm in Greenland with subsequent production and export of green ammonia. H2Carrier has developed a proprietary design for a vessel which will produce, store and export green ammonia, the P2XFloater.
Green Car Congress
MAY 26, 2023
Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oil sands production outlook in more than half a decade. Higher oil prices have driven record returns for the Canadian oil sands.
Green Car Congress
JUNE 26, 2022
As of May 2022, surplus crude oil production capacity in non-OPEC countries decreased by 80% compared with 2021, according to the US Energy Information Administration’s (EIA) new report Global Surplus Crude Oil Production Capacity. In 2021, 1.4
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