Green Car Congress

JUNE 23, 2023

Australia-based Woodside Energy has made a final investment decision to develop the large, high-quality Trion resource in the deepwater Gulf of Mexico. First oil is targeted for 2028. Trion is a greenfield development that would represent the first oil production from Mexico’s deepwater.

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Mexico Oil Water Gas 195

Green Car Congress

OCTOBER 8, 2021

ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana ( earlier post ) to approximately 10 billion oil-equivalent barrels. ExxonMobil affiliate Esso Exploration and Production Guyana Limited is operator and holds 45% interest in the Stabroek Block. Source: ExxonMobil.

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Guyana Oil 2015 Water 243

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

APRIL 5, 2023

Strong continuing international demand for petroleum and other liquids will sustain US production above 2022 levels through 2050, according to most of the cases in the US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2023 (AEO2023). These cases include: The Reference case, which serves as a baseline, or benchmark, case.

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International Oil Prices Production Oil 273

Green Car Congress

DECEMBER 22, 2019

ExxonMobil has started oil production from the Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons, which is well ahead of the industry average for deepwater developments. Esso Exploration and Production Guyana Limited is operator and holds 45% interest.

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Guyana Oil Production 2015 221

Green Car Congress

OCTOBER 27, 2021

With tuning, the catalyst can achieve a selectivity of 80% toward motor oil (C 21 –C 45 ). The Alterra technology transforms plastic destined for landfills back into petrochemical products that can be further refined into fuels, waxes and plastic production. A paper on their work is published in ChemSusChem. Shibashish D.

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Oil Motor Motors Motoring 389

Green Car Congress

NOVEMBER 4, 2021

New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

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Oil Carbon Global Market 305

Green Car Congress

AUGUST 22, 2023

Permian Resources Corporation and Earthstone Energy entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 billion, inclusive of Earthstone’s net debt.

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Delaware Energy DC Price 195

Green Car Congress

NOVEMBER 24, 2020

Audi and the Karlsruhe Institute for Technology (KIT) are therefore launching a pilot project for chemical recycling as part of the “Industrial Resource Strategies” THINKTANK in order to feed such mixed plastic fractions back into a resource-conserving circular system. Rebekka Volk at the Institute for Industrial Production (IIP).

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Kits Audi Oil Automobile 410

Green Car Congress

FEBRUARY 12, 2022

ExxonMobil has started production at Guyana’s second offshore oil development on the Stabroek Block, Liza Phase 2, bringing total production capacity to more than 340,000 barrels per day in only seven years since the country’s first discovery. The current resource has the potential to support up to 10 projects.

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Guyana Production Oil Store 259

Green Car Congress

JULY 29, 2021

The Whiptail-1 well encountered 246 feet (75 meters) of net pay in high-quality oil-bearing sandstone reservoirs. Drilling is also ongoing at the Whiptail-2 well, which has encountered 167 feet (51 meters) of net pay in high-quality oil-bearing sandstone reservoirs. The Stabroek Block is 6.6 million acres (26,800 square kilometers).

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Guyana Oil Singapore Miles 243

Green Car Congress

FEBRUARY 20, 2023

Shell Offshore, a subsidiary of Shell plc, has started production at the Shell-operated Vito floating production facility in the US Gulf of Mexico (GoM). Shell reached an FID on Whale in 2021 and is currently scheduled to begin production in 2024. Shell is the leading operator in the US Gulf of Mexico for oil and gas production.

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Mexico Design Suriname Argentina 221

Green Car Congress

DECEMBER 31, 2022

In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). Production of existing reserves. Thorough appraisals of existing fields. per barrel in 2021.

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Oil Gas Alaska New Mexico 259

Green Car Congress

AUGUST 27, 2021

Quantification of critical properties, including pour point, kinematic viscosity, and viscosity index, indicates that the products are promising alternatives to currently used base or synthetic oils. The reaction network involves the sequential conversion of polymer into the oil with a gradual decrease of molecular weight until ?700–800

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Delaware Waste Oil Convert 435

Green Car Congress

JUNE 15, 2023

Consumption of distillate fuel oil in the US West Coast, as measured by product supplied, decreased to its lowest level since 2002 last year and continues its decline this year, according to the latest “This Week in Petroleum” report from the US Energy Information Administration (EIA).

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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

APRIL 28, 2022

ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. Liza Phase 1 is producing approximately 130,000 barrels per day using the Liza Destiny floating production storage and offloading (FPSO) vessel.

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Guyana Water Oil Affordable 195

Green Car Congress

FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. ExxonMobil’s reserves life at current production rates is 14 years. billion gross oil-equivalent barrels prior to the 2018 Ranger discovery. Resource Base.

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2017 Papua New Guinea Oil Guyana 186

Green Car Congress

JULY 22, 2020

Brazilian researchers have demonstrated a new chemical approach for producing biodiesel from domestic cooking oil waste by using lithium hydroxide mixed with either sodium hydroxides or potassium hydroxides as catalysts. Before, in practice, these were just restricted to sodium hydroxide and potassium hydroxide. —Gilberto Maia de Brito.

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Waste Li-ion Oil Lithium Ion 186

Green Car Congress

JUNE 10, 2013

Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.

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Green Car Congress

MAY 11, 2021

With the start of production of the Audi Q6 e-tron electric SUV in Ingolstadt in 2022, Audi is introducing the second-generation steel coil lubrication Prelube II. This new product will help to reduce significantly the amount of lubricant required for protecting against corrosion and machining the metal sheets in the press shop.

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Audi Oil Manufacturer SUV 243

Green Car Congress

JULY 4, 2023

BASF feeds pyrolysis oil from end-of-life (EOL) tires at the start of the production in Ludwigshafen, replacing 100% of the fossil resources otherwise needed for the product. The proportion of recycled raw material is allocated to Ultramid Ccycled products using a certified mass balance approach.

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Oil CO2 Waste Germany 195

Green Car Congress

APRIL 30, 2020

Berkeley Law’s Center for Law, Energy and the Environment (CLEE) released a new report “ Legal Grounds: Law and Policy Options to Facilitate a Phase-Out of Fossil Fuel Production in California.”. California is the seventh-largest oil-producing state in the US.

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Oil California Gas Production 150

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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Green Car Congress

APRIL 17, 2022

Australia-based Lithium developer Lake Resources has signed a non-binding Memorandum of Understanding (MoU) with Ford Motor Company for the offtake of approximately 25,000 tonnes per annum (tpa) of lithium from the Kachi Project. The lithium chloride is then processed on-site with conventional process equipment to yield a finished product.

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Ford Companies Motor Motors 243

Green Car Congress

APRIL 6, 2022

Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Suncor also plans to divest its wind and solar assets.

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Oil-Sands Oil Wind Renewable 225

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 This resumption of production may accelerate if WTI remains above $30 per barrel—a price that allows operators to cover their operating costs and that reflects improved storage availability.

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Oil Canada Oil-Sands Production 186

Green Car Congress

MAY 5, 2023

The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

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Oil Grant Gas Industrial 170

Green Car Congress

OCTOBER 5, 2020

Until the end of 2022, two additional production lines will be added to the existing plant. BASF will uptake most of the pyrolysis oil and process it into new chemical products by using a mass balance approach as part of its ChemCycling project. In addition, they have a lower carbon footprint than conventional products.

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Oil Parts Companies Waste 259

Green Car Congress

FEBRUARY 24, 2022

The Gold Hydrogen Program , a coalition of organizations seeking to support the scale of this clean energy resource, announced its launch and the debut of a pilot microbial Gold Hydrogen Process. Found naturally deep in the Earth, “gold hydrogen” is a resource that is produced biologically and in the subsurface.

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Hydrogen Clean Cleaning Houston 458

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

JULY 20, 2020

The ability to produce aviation-grade fuel from oil derived from wood waste—which up until now has been difficult due to the high viscosity of the oil—could help international aviation companies comply with new emissions regulations scheduled to go into effect in 2027. and CoMo/Al2O3 as catalysts. —Kim et al.

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Fuel Production Oil Waste 351

Green Car Congress

DECEMBER 15, 2015

The US Energy Information Administration (EIA) continues to expand its assessment of technically recoverable shale oil and shale natural gas resources around the world. Each of the countries has an existing oil and natural gas industry with infrastructure connecting the basins to global markets. Bcf/d from 2005 to 2014.

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United Arab Emirates Oman Oil UAE 150

Green Car Congress

MARCH 8, 2014

(PDVSA) is moving forward with a series of new heavy oil developments in the Orinoco Oil Belt that will allow a significant increase in production, while requiring the development of massive new infrastructure, Ruben Figuera, director of new developments in the Orinoco Oil Belt, told delegates to the World Heavy Oil Congress 2014 in New Orleans.

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Oil Venezuela Production Congress 246

Green Car Congress

AUGUST 26, 2019

Crude oil and gas naturally escape from the seabed in many places known as seeps. This microbe, an archaeon named Methanoliparia , transforms the hydrocarbons by a process called alkane disproportionation: it splits the oil into methane (CH 4) and carbon dioxide (CO 2 ). Their open-access results are published in the journal mBio.

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Oil Mariner Mexico Gas 281

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

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Saudi Arabia Oil Production Climate 150

Green Car Congress

JANUARY 19, 2022

The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US. —from the report, “Animal, vegetable or mineral (oil)?”.

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