article thumbnail

ExxonMobil ships first LNG cargo from $19B PNG LNG project ahead of schedule; serving China and Japan

Green Car Congress

Construction of PNG LNG in Papua New Guinea began in 2010, and took more than 190 million work hours to complete. The PNG LNG project is an integrated development that includes gas production and processing facilities in the Southern Highlands, Hela, Western, Gulf and Central provinces of Papua New Guinea.

article thumbnail

ExxonMobil evaluating significant near-term capital and operating expense reductions; COVID-19

Green Car Congress

Woods the had also outlined progress on key projects that support ExxonMobil’s growth plans, including: In Guyana, the estimated gross recoverable resource from the Stabroek Block increased to more than 8 billion oil-equivalent barrels, in part as a result of six additional discoveries made in 2019 and 2020.

article thumbnail

ExxonMobil seeking to boost growth, continue work on lower-emissions technologies including biofuels and carbon capture

Green Car Congress

billion barrels of discovered recoverable resource. million net acres in one of the world’s most promising exploration plays and is finalizing development plans for the Carcara resource, which will begin production by 2024. Guyana’s first oil production is on track for early next year, five years after discovery.

article thumbnail

ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

Green Car Congress

Other significant new proved reserve additions were made in Guyana, where the company funded the first phase of development last year, and in Mozambique, associated with the project funding of the Coral FLNG project in the gas-rich deepwater Area 4. Resource Base. billion gross oil-equivalent barrels prior to the 2018 Ranger discovery.

2017 186
article thumbnail

Study links PM2.5 pollution to increased risk of diabetes; even low levels pose risk

Green Car Congress

The researchers also found that the overall risk of pollution-related diabetes is tilted more toward lower-income countries such as India that lack the resources for environmental mitigation systems and clean-air policies. One of its recommendations was to define and quantify the relationship between pollution and diabetes.

Pollution 252
article thumbnail

The Seabed Solution

Cars That Think

But after raising some US $686 million , building three large undersea drilling robots, and securing a license to mine the seabed off Papua New Guinea, Nautilus went bankrupt in November 2019. When it ceased operations, it hadn’t mined any metal ore at all. The Metals Company, too, faces headwinds.

article thumbnail

Sasol embarking on feasibility study on a US gas-to-liquids facility in Louisiana

Green Car Congress

Sasol continues to advance upstream oil and gas activities in Mozambique, Nigeria, Gabon, Australia, Papua New Guinea, Canada and South Africa. Sasol is also exploring GTL opportunities in Uzbekistan. Gas to Liquids Life Cycle Assessment Synthesis Report (2004).

Louisiana 210