Green Car Congress

JUNE 20, 2014

Oil and gas consultancy Rystad Energy estimates that oil sands and the Arctic continue to be the most expensive resources, with an average breakeven price of $75-80 per barrel of oil equivalent (boe). The break-even price of NA shale is estimated at an average of $60-70/boe.

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Green Car Congress

APRIL 25, 2021

Additionally, Governor Newsom requested that the California Air Resources Board (CARB) analyze pathways to phase out oil extraction across the state by no later than 2045. California’s production of oil has been steadily dropping since 1985. According to the California Energy Commission, California oil represented 34.9%

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Oil California Production Climate Change 221

Green Car Congress

JANUARY 11, 2019

The Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs). In addition, proved reserves of natural gas resources reached 464.3

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Green Car Congress

DECEMBER 24, 2019

ExxonMobil announced an oil discovery offshore Guyana at the Mako-1 well southeast of the Liza field, marking the 15 th discovery on the Stabroek Block. Mako-1 encountered approximately 164 feet (50 meters) of a high-quality oil bearing sandstone reservoir. Earlier post.). Earlier post.). The Stabroek Block is 6.6

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Guyana Oil 2019 2009 221

Green Car Congress

SEPTEMBER 13, 2021

In addition to successful appraisal of the Turbot discovery, the Turbot-2 well encountered 43 feet (13 meters) of net pay in a newly identified, high quality hydrocarbon bearing sandstone reservoir separate from the 75 feet (23 meters) of high quality, oil bearing sandstone reservoir pay encountered in the original Turbot-1 discovery well.

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Guyana Oil Singapore Miles 186

Green Car Congress

JUNE 8, 2023

Scientists at the Department of Energy’s Oak Ridge National Laboratory have developed a coating composed of carbon nanotubes that imparts superlubricity to sliding parts. With an oil lubricant, the coefficient of friction falls to about 0.1. When steel parts slide past each other, they essentially “cut the grass.” Kumara et al.

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Carbon Oil Parts Solar 417

Green Car Congress

AUGUST 26, 2019

Crude oil and gas naturally escape from the seabed in many places known as seeps. A large part of the hydrocarbons, primarily alkanes, is already degraded before it reaches the sediment surface. Epifluorescence microscopy picture of Methanoliparia-cells attached to a droplet of oil. (© —first-author Rafael Laso-Pérez.

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Oil Mariner Mexico Gas 281

Green Car Congress

FEBRUARY 24, 2012

The US Geological Survey has released its first estimate of the potential of undiscovered, technically recoverable onshore shale oil and gas resources in Alaska’s North Slope. However, the recent success of shale oil and shale gas development in the lower-48 states demonstrates the technical viability of such resources, USGS said.

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Alaska Oil Gas 2012 218

Green Car Congress

AUGUST 20, 2019

Leading global heavy lift shipping and offshore transportation and installation contractor Jumbo, and commercial, sustainable marine biofuel company GoodFuels, are partnering to test Goodfuels’ marine Bio-Fuel Oil on an offshore decommissioning project.

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Oil Mariner Fuel Netherlands 207

Green Car Congress

JANUARY 23, 2019

The latest crash in oil prices once again raises this prospect. On the one hand, lower oil prices – despite the recent rebound, prices are still down sharply from a few months ago – can cause some E&Ps to want to hold off on drilling new wells. oil production aloft at a time when low prices are starting to curtail drilling activity.

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Oil Oil Prices 2019 Price 236

Green Car Congress

APRIL 22, 2019

Nanyang Technological University, Singapore (NTU Singapore) scientists have developed a sustainable way to demonstrate a new genetic modification that can increase the yield of natural oil in seeds by up to 15% in laboratory conditions. This results in larger oil reserves in the seed that primarily serves as an energy source for germination.

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Oil Singapore Cleaner United States 236

Green Car Congress

APRIL 5, 2023

EIA projects that the United States will continue to be an integral part of global oil markets and a significant source of supply in these cases, as increased exports of finished products support US production. It also assumes the Brent crude oil price reaches $101 per barrel (b) (in 2022 dollars) by 2050.

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International Oil Prices Production Oil 273

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. In a speech made at the Association of International Petroleum Negotiators’ 2017 International Petroleum Summit, Johnston laid out his concerns for the future of oil. oil may not be able to fill.

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Oil Prices Oil Saudi Arabia Price 170

Green Car Congress

NOVEMBER 16, 2016

The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 This estimate is for continuous (unconventional) oil, and consists of undiscovered, technically recoverable resources.

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Green Car Congress

JANUARY 24, 2017

If West Texas Intermediate (WTI) crude oil prices stabilize at or above $60 per barrel, major parts of the United States shale sector that are currently dormant will ramp up, according to an analysis by experts in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. Baker III and Susan G.

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Oil Prices Oil Price Oil-Sands 150

Green Car Congress

JANUARY 8, 2019

This collaboration is part of a $41-million Zero and Near-Zero Emissions Freight Facilities (ZANZEFF) grant preliminarily awarded by the California Air Resources Board (CARB), with the Port of Los Angeles as the prime applicant. Earlier post.).

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Kenworth Los Angeles Grant Hydrogen 223

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action. However, nearly 1.4

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Oil Canada Oil-Sands Production 186

Green Car Congress

OCTOBER 7, 2012

The Utica Shale has a mean of 940 million barrels of unconventional oil resources and a mean of 208 million barrels of unconventional natural gas liquids. The Utica Shale lies beneath the Marcellus Shale, and both are part of the Appalachian Basin, which is the longest-producing petroleum province in the United States.

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Gas West Virginia Virginia Oil 244

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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Cars That Think

MARCH 14, 2022

A possible answer, though, might lie in oil wells. The California-based Hyperlight Energy will be piloting an installation where they plan to use existing oil wells as solar thermal wellsprings, with the stored energy being converted back to clean electricity when required. to test the concept for the first time.

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Oil Solar Convert Molten Salt 120

Green Car Congress

APRIL 6, 2017

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Russia’s Oil Production 1970-2020 and Russia’s Deep-Hole Oil & Gas Exploration Drilling. In 2016, only 3.7

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Russia Oil 2016 Oil Prices 150

Green Car Congress

NOVEMBER 15, 2011

Based upon the early results of Anadarko’s program in the Wattenberg field, we are confident the liquids-rich Horizontal Niobrara and Codell opportunity provides a net resource potential of 500 million to 1.5 billion BOE (barrels of oil equivalent); and it’s located right in the heart of one of our existing core areas. billion BOE.

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Colorado Oil Denver Grant 199

Green Car Congress

MARCH 25, 2013

Researchers at the University of Calgary are developing ultra-dispersed (UD) nanocatalysts for the in situ upgrading of heavy oil and bitumen from deep reservoirs. One of the challenges of such an approach is the placement of the catalyst deep into the heavy oil plume by transporting a catalyst suspension through the sand medium.

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Green Car Congress

JANUARY 3, 2018

The US Department of Energy (DOE) has selected six projects to receive approximately $30 million in federal funding for cost-shared research and development in unconventional oil and natural gas (UOG) recovery. Selected UOG projects. Lead organization. Description. C-Crete Technologies LLC.

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Baua Electric

MARCH 8, 2024

Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields, in line with efforts to diversify their economies and profit from the shift to electric vehicles (EVs), three sources told Reuters. The kingdom has established its own EV brand Ceer, and built an EV metals plant. .

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Saudi Arabia Oil United Arab Emirates Auto 52

Green Car Congress

SEPTEMBER 27, 2014

Statoil will postpone the previously planned Corner field development at the Kai Kos Dehseh (KKD) oil sands project in Alberta, Canada, for a minimum of three years, due in part to rising labor and materials costs and market access issues including limited pipeline access. Visualization of bitumen resource (in green) at KKD.

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Oil-Sands Oil Canada 2011 225

Green Car Congress

DECEMBER 23, 2013

The US-Mexico Transboundary Hydrocarbons Agreement, which establishes a framework for US offshore oil and gas companies and Mexico’s Petroleos Mexicanos (PEMEX) jointly to develop transboundary reservoirs ( earlier post ), was enacted today as part of the Bipartisan Budget Act ( H.J.Res.59 59 ) which President Obama signed into law.

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Mexico Parts Obama Oil 230

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

NOVEMBER 11, 2014

Biosynthetic Technologies has received ILSAC GF-5 certification on both SAE 5W-20 and 5W-30 grade passenger car motor oil (PCMO) formulations using its Biosynthetic Base Oil. ILSAC GF-5 represents the latest performance standard set by the International Lubricant Standardization and Approval Committee (ILSAC).

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Fuel Economy Oil Economy Motor 230

Green Car Congress

SEPTEMBER 29, 2014

Rosneft announced a major oil discovery at the East-Prinovozemelskiy-1 license area in the Kara Sea, following the successful completion of the drilling of the northernmost well in the world—the Universitetskaya-1 well. The Kara Sea is part of the Arctic Ocean north of West Siberia. The first oil was extracted.

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Oil Light Saudi Arabia Ukraine 231

Green Car Congress

JANUARY 9, 2018

EST completely converts refinery residues, heavy oils and bitumen into high-quality light products, eliminating the production of both liquid and solid refinery residues (for example, pet-coke or fuel oil). The elimination of pet-coke production is part of global efforts to contain CO 2 emissions. 614-622.

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Oil Convert Light Oil-Sands 150

Green Car Congress

NOVEMBER 21, 2012

Both scientific research and industrial experience have found that bitumen-derived crude oil (i.e., crude from the oil sands) is no more corrosive in transmission pipelines than other crudes, according to Natural Resources Canada (NRC). In the absence of water, the crude oil is noncorrosive. —ASTM G205.

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Oil-Sands Oil Water Canada 225

Green Car Congress

MARCH 10, 2013

(LNC) said it has been contacted by about 70 companies—from North America to India—to fund the development of the massive Arckaringa Basin shale oil prospects that it announced in January 2013. D&M estimated the resources to be 103 billion barrels oil equivalent (103 BBOE).

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Green Car Congress

NOVEMBER 28, 2012

The US Arctic Alaska Petroleum Province holds mean estimates of undiscovered, technically recoverable oil and gas resources of nearly 30 billion barrels of oil, about 179 trillion cubic feet of nonassociated gas, and 40 trillion cubic feet of associated gas, according to a new assessment published by the US Geological Survey (USGS).

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Oil Alaska Gas Canada 286

Green Car Congress

OCTOBER 15, 2012

has successfully extracted shale oil from the Onnagawa shale formation (at a depth of 1800m) of the Ayukawa Oil and Gas in Yurihonjo, Akita Prefecture. This marks Japan’s first successful extraction of shale oil in the country. kl was crude oil. Japan Petroleum Exploration Co. On 8 October, JAPEX recovered 100.6

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Baua Electric

JANUARY 12, 2024

Photo by Juan Mt on Pexels.com The US Environmental Protection Agency (EPA) will fine oil and gas companies for emitting excess methane – the first federal government tax ever on greenhouse gas emissions. The post In a US first, the oil and gas sector will pay fines for excess methane emissions appeared first on Bauaelectric Auto News.

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Oil Gas Emissions Waste 52

Green Car Congress

JULY 30, 2017

A new class of materials which are suitable agents for displacing oil in enhanced oil recovery operations has been developed by scientists at Swansea University (UK) and scientists at Islamic Azad University in Iran. There, they used a 5-spot glass micromodel to evaluate the suitable agents for oil displacing in EOR.

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