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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Source: Chevron. Here, Chevron has reduced its steam:oil ratio (i.e.,

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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

The report comes as oil majors like ExxonMobil, Chevron and Shell, and other companies, are developing at least a couple dozen oil shale and CTL projects, including 12 CTL facilities projected to produce 170 million barrels of liquid fuels per year at a cost of $2 billion to $7 billion per plant. Earlier post.).

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Rice University Study and Policy Paper Find US Biofuels Policies Flawed, Recommend Fundamental Overhaul

Green Car Congress

Chevron Technology Ventures and the Institute for Energy Economics of Japan provided support for the study. “We We believe that such an assessment would find that the extremely high costs of implementing this program outweigh the indirect benefits to consumers of the small, marginal reductions in US oil imports.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Dr. Don Paul is the Executive Director, University of Southern California Energy Institute and a former vice president and chief technology officer of Chevron. billion in 2004 to $117 billion 2007 with the first three quarters of 2008 averaging 29% higher than 2007. Energy Markets in a State of Change. chance of default.

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DOE releases final report from 6-year national fuel cell vehicle demo; key targets met, with twice the efficiency of today’s gasoline vehicles

Green Car Congress

Daimler and BP; GM and Shell; Chevron, UTC Power and Hyundai-Kia; and Ford and BP.) Over the past two years, additional fuel cell durability data were acquired from updated GM and Daimler vehicles (2007–2009 stack technology) during their extended projects. —Final Report. Results from version 2.1

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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

I found two great reads on the subject include; "The GAO Report on Peak Oil, April 7, 2007 Crude Oil - Uncertainty about Future Oil supply Makes It Important to Develop a Strategy for Addressing a Peak and Decline in Oil Production" ; the books "Twlight In The Desert" by Matthew R. The bottleneck is infrastructure.

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

And, if you consider lifetime costs of owning an EV versus owning a traditional internal combustion car, even if the initial purchase price of the EV is much more than your combustion car and you have to replace a battery for $4,000 after 7-10 years, the EV still costs less to operate.

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