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Production of crude oil as a percentage of proved reserves: Recent worldwide and US trends

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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%

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ExxonMobil, Georgia Tech and Imperial College London publish joint research on potential breakthrough in membrane technology for oil refining

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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.

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BP awards Colorado State University $5M to research technology for oil recovery from watered-out wells

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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.

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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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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.).

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IEA: improving efficiency of road-freight transport critical to reduce oil-demand growth; three areas of focus

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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.

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Joint Canada/Alberta Implementation Plan for Oil Sands Monitoring begins summer air monitoring project

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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. Earlier post.).

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Lux Research provides snapshot of oil majors’ investments in alternative fuels; BP leads investment frequency

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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.