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The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.).
In this analysis, I examined the relation between crude-oil production and crude-oil reserves in the world overall and in the United States alone. The variable of interest was the amount of crude oil produced as a percentage of proved reserves of crude oil. For the world, production of crude oil in 1980 represented 3.4%
Scientists from ExxonMobil, the Georgia Institute of Technology and Imperial College of London have published in the journal Science joint research on potential breakthroughs in a new membrane technology that could reduce emissions and energy intensity associated with refining crude oil. —Thompson et al.
Petrochemicals are rapidly becoming the largest driver of global oil demand. Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then. Source: IEA. —Dr Fatih Birol, IEA Executive Director.
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.
Colorado State University has obtained a 5-year, $5-million grant from BP to study mechanisms involved with technology for oil recovery from “watered-out” wells. Typically, wells are abandoned after they are no longer producing oil or gas at a rate that is economically viable. 2000) Water Control. Bill Bailey et al.
Japan’s Ministry of Economy, Trade and Industry (METI) will begin test drilling for oil and natural gas in the Sea of Japan off the coast of Niigata Prefecture in April 2013. METI hopes to discover Japan’s largest reserves of these resources—possibly the size of intermediate oil fields in the Middle East, according to METI.
USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of the world. Many new areas were included in the current study, defining and assessing 313 assessment units throughout the world, as compared to 246 in 2000. Geological Survey (USGS) released today.
BP announced a giant oil discovery at its Tiber Prospect in the deepwater Gulf of Mexico (GOM). The Tiber well was drilled to a total depth of approximately 35,055 feet (10,685 metres) making it one of the deepest wells ever drilled by the oil and gas industry. The well found oil in multiple Lower Tertiary reservoirs.
and for residual fuel oil by 26%, although it rose for other oils by 0.6%. In January, total imports were at their lowest level for the month in 13 years, since 2000. Crude oil imports were at their lowest January level in 13 years, and refined product imports were at their lowest level for the month in 14 years, since 1999.
Global sulfur dioxide (SO 2 ) emissions peaked in the early 1970s and decreased until 2000, with an increase in recent years due to increased emissions in China, international shipping, and developing countries in general, according to a new analysis appearing in the open access journal Atmospheric Chemistry and Physics. Credit: Smith et al.
Oil remains the world’s leading fuel, but its 33.1% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1%
Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Less active oil majors in this space include ExxonMobil and ConocoPhillips.
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).
Bitumen production from the Canadian oil sands provides a point of reference that could be used to observe and better manage the land and water impacts of a rapid transition to unconventional fuels, suggests Dr. Sarah Jordaan of the Energy Technology Innovation Policy Research Group, Department of Earth and Planetary Sciences, Harvard University.
A comprehensive environmental field study to gather information on air contaminants in the Wood Buffalo region in northeast Alberta, Canada (home to major oil sands projects) will occur from 12 August to mid-September 2013. Evaluate high-resolution air quality models for use in the oil sands region. Earlier post.).
Pending confirmation through future appraisal drilling, the total hydrocarbons initially in place in the Mad Dog field complex are now estimated to be up to four billion barrels of oil equivalent. interest, Chevron Corporation, through its subsidiary Union Oil Company of California, has a 15.6% BHP Billiton has a 23.9%
Speaking at the Offshore Technology Conference (OTC) in Houston , Petrobras CEO Maria das Graças Silva Foster said that the Brazilian oil and gas company’s reserves will double in size by 2020. million barrels of oil equivalent (oil and natural gas) per day in 2012, is expected to reach 5.7 per year since 2000 and reached US$42.9
Growth of production of Canadian oil sands. The Canadian oil sands are now poised to become the number one source of US crude oil imports in 2010, according to new research from the IHS CERA Canadian Oil Sands Dialogue. The Role of Canadian Oil Sands in US Oil Supply”. Conventional oil uses 0.1
This trend is driven primarily by finished motor gasoline and distillate fuel oil which are increasingly exported to Latin America. From 2000 through 2009, motor gasoline exports were generally 1%–2% of motor gasoline product supplied (a proxy for demand). Annual U.S.
Hydrogen is necessary in the upgrading of oil sands bitumen into synthetic crude, but it is a costly and carbon-intensive part of the process, given current hydrogen production technologies. The process is conducted at 1500 – 2000 psi (10.3 - 13.8 A consortium led by Canada-based Western Hydrogen Ltd. will receive a $C1.5-million
A new study from WCS (Wildlife Conservation Society) and WWF finds that nearly 20% of tropical Intact Forest Landscapes (IFLs) overlap with concessions for extractive industries such as mining, oil and gas. Intact forests are declining rapidly, with more than 7 percent of their total area lost between 2000 and 2013. Grantham et al.
It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. The industry did not log a single “giant” oil field.
Through the swap, BASF aims to further expand its production of oil and gas via its wholly owned subsidiary Wintershall —Germany’s largest internationally active crude oil and natural gas producer—and to exit the gas trading and storage business. billion barrel of oil equivalent. This is equivalent to a total of 2.4
billion barrels of recoverable oil equivalent. This is a doubling of the previously announced PL265 volumes of between 400 and 800 million barrels of oil equivalent. Statoil previously confirmed that there is communication between Aldous in PL265 and Avaldsnes in PL501, and that this is one large oil discovery. Earlier post.).
The rig count has rebounded from the lows seen in late May, a small indication that oil companies in the US could begin drilling anew. Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies.
The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. sanctions on Iranian oil. Iran, OPEC’s third-largest producer, is trying to convince its oil customers to continue buying Iranian oil despite stringent U.S. sanctions kick in.
Depending on operating conditions, the system can produce hydrogen and carbon dioxide at pressures up to 2000 psig; or synthesis gas (i.e. By commercializing the Molten Salt Gasification process, Western Hydrogen believes it can create significant benefits for hydrogen users, especially those in the hydrogen-intensive oil sands business.
m 3 (2,510 gallons US) in 2000 to approximately 3.5 Ford’s latest water reduction initiatives are designed to build on the success the company has had with its Global Water Management Initiative that launched in 2000. Between 2000 and 2010, Ford reduced its global water use by 62%, or 10.5 m 3 (925 gallons US) in 2015.
Today's UCOTD is a rally-ready 1974 Alfa Romeo Berlina 2000. This car has problems, such as rust, dents, and oil leaks. Oh, and a rear seal leak. And some transmission issues, a cracked windshield, and a steering box that doesn't work all that well.
The US Department of Energy (DOE) announced that the use of an alkaline surfactant polymer (ASP) flooding technique has successfully improved oil recovery at a 106-year old Illinois field by more than 300%. enhanced by additional surfactants, have the capability of mobilizing additional oil. Such surfactants, when. water production.
Eni has signed an agreement with the Pakistani Authorities and the state oil and gas company OGDCL for the acquisition of 25% and the operatorship of exploration license Offshore Indus Block G, located in Pakistan’s Indus Basin. Oil and gas blocks offshore Pakistan. Source: Pakistan Petroleum Information Service. Click to enlarge.
Researchers at the US Department of Energy’s Ames Laboratory and Iowa State University have developed a unique method that uses sponge-like mesoporous nanoparticles to harvest biofuel oils from algae without harming the algae. The nanofarming technology promises lower production costs and shorter production cycles.
Annual methanol consumption in China, 2000-16. MTG units involve high capital costs and are only cost-competitive when oil prices are high. Lower oil prices since late 2014 have reduced China’s MTG plant operating rates and have created uncertainty for investment in new MTG plants. Click to enlarge. Background.
Vehicle penetration 2000 to 2040. China will see the largest increase—more than 4 million oil-equivalent barrels per day. The outlook projects that oil and natural gas will continue to meet about 60% of energy needs by 2040. In 2010, about 75% of the world’s vehicles were in OECD countries. Source: ExxonMobil. Natural gas.
The latest North Sea licensing round for oil and gas drilling has broken all previous records for the number of applications received by the UK Government. The UK’s oil and gas sector still provides almost half of the country’s energy and is by far the largest single industrial UK investor.
The computer and restaurant industries are rated most positively, while the oil and gas industry receives the worst ratings. The automobile industry now ranks in the middle of the list of 25 business industries and sectors rated 5-8 Aug. in Gallup's annual Work and Education Poll.
Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4
The authors, under the umbrella of the Global Carbon Project , reported a 29% increase in global CO 2 emissions from fossil fuel between 2000 and 2008 (the latest year for which figures are available), and by 41% between 2008 and 1990, the reference year of the Kyoto Protocol. between 2000 and 2008, compared with 1% per year in the 1990s.
Improving the efficiency of road-freight transport is critical to reducing the growth in oil demand, carbon emissions and air pollution over the next decades, according to the International Energy Agency’s latest report, The Future of Trucks: Implications for energy and the environment. Modern Truck Scenario.
” —Paul Dickinson, Carbon Disclosure Project CEO Ford launched its own voluntary Global Water Management Initiative in 2000, which included water conservation, reuse of storm and process water, and management of water quality. From 2000 to 2008, Ford cut its global water use by 56%, or 9.5 billion gallons.
Courtesy of our colleagues at 9to5Toys , we have some notable offers on environmentally-conscious gear from top brands, all of which are headlined by the first discounts on Jackery’s just-released Explorer 2000 Plus power station at $400 off. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.
Well, the Jackery Solar Generator 2000 Pro solves that problem and more, all without a single drop of gas or oil. The post Jackery Solar Generator 2000 Pro kit sees first discount to $4,245 ($754 off) in New Green Deals appeared first on Electrek. hours, making it a solid solution for off-grid power.
The divergence of West Texas Intermediate (WTI) and Brent crude oil prices in 2011 affected refinery utilization in the United States, particularly in the East Coast (PADD 1) and Midwest (PADD 2) regions, according to a report from the US Energy Information Administration (EIA). As a result, PADD 2 average crude oil inputs of nearly 3.4
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