Green Car Congress

DECEMBER 11, 2010

Canada-based MEG Energy’s board of directors has approved 2011 capital investment of approximately $900 million and the final cost estimate for the 35,000 barrels per day Phase 2B oil sands expansion at the Christina Lake in-situ project. identify additional resource on MEG’s 800 square miles of 100%-owned oil sands leases.

Oil-Sands 186

Oil-Sands Oil Energy 2011 186

Green Car Congress

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. Now a prevailing sense that oil prices may stay lower for longer has hit the markets. In other words, oil traders are now feeling much gloomier about oil prices several years out than they were at the beginning of 2015.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

Green Car Congress

JULY 11, 2016

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 Nigerian production hit 30-year lows in May as militancy continued in the country’s oil rich Niger Delta. The situation remains volatile.

Saudi Arabia 150

Saudi Arabia 2008 Iran Nigeria 150

Green Car Congress

DECEMBER 1, 2013

Now, researchers at Imperial College London have shown that bioethanol production from bamboo in China is both technically and economically feasible, as well as cost-competitive with gasoline. million tons in 2008. An open access paper on their study is published in Biotechnology for Biofuels. gallon US) with tax exemption and a $0.16/liter

China 351

China Gasoline Tax London 351

Green Car Congress

JUNE 19, 2012

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.

Japan 239

Japan Oil 2013 South Korea 239

Green Car Congress

JUNE 10, 2013

The technology also increases corn oil extraction by 13%, while saving 8% energy. A typical US ethanol plant uses around 36 million bushels (900,000 tons) of feed-grade corn per year to produce 100 million gallons of fuel ethanol, 300,000 tons of animal feed (DDGS) and 8,500 tons of corn oil. Avantec was introduced in October 2012.

Oil 186

Oil Energy Chicago Illinois 186

Green Car Congress

OCTOBER 23, 2012

HEET, a company with experience developing alternative energy technologies, will focus on ways to convert discarded cooking oil into a component of sustainable aviation biofuel at the Boeing-COMAC Aviation Energy Conservation and Emissions Reductions Technology Center. COMAC was held on May 11th, 2008.

Waste 218

Waste Oil China Convert 218

Green Car Congress

DECEMBER 22, 2011

Algae.Tec and Lufthansa have signed a Memorandum of Understanding to evaluate jointly the potential for algae oil from Algae.Tec’s bio-reactors to be developed into a sustainable source of aviation biofuels. Algae.Tec was founded in 2008 with offices in Atlanta, Georgia and Perth, Western Australia. Earlier post.).

Oil 218

Oil Atlanta Georgia 2008 218

Green Car Congress

NOVEMBER 8, 2015

Using activated amine (ADIP-X), Quest will capture one-third of the CO 2 emissions from Shell’s Scotford Upgrader, which turns oil sands bitumen into synthetic crude that can be refined into fuel and other products. Shell initiated public consultation in 2008, two years before submitting a regulatory application.

Oil-Sands 150

Oil-Sands Oil Commercial Carbon 150

Green Car Congress

FEBRUARY 3, 2012

has started shipping crude oil bound for the US West Coast through Petroterminal de Panama ( PTP )’s trans-Panama pipeline, marking the start of a seven-year transportation and storage agreement between BP and PTP. Crude oil tankers too large to navigate the Panama Canal sail around Cape Horn in South America to reach the US West Coast.

Panama 210

Panama Oil South America Alaska 210

Green Car Congress

AUGUST 24, 2010

Russia will increase oil output in East Siberia, Prime Minister Vladimir Putin said upon arrival in the Yakutian village of Tiksi. According to the Oil and Gas Journal ’s 2008 survey, as cited by the US EIA, Russia has proven oil reserves of 60 billion barrels, most of which are located in Western Siberia.

Oil 170

Oil C1 Russia Production 170

Green Car Congress

SEPTEMBER 13, 2011

will twin the southern section of its Athabasca Pipeline from the Kirby Lake, Alberta terminal to the Hardisty, Alberta crude oil hub at an estimated cost of approximately C$1.2 billion project, originally proposed in 2005, was seen as a way to diversify markets for oil sands crude, with exports targeted for Asia and California.

Oil-Sands 220

Oil-Sands Oil 2015 2005 220

Green Car Congress

FEBRUARY 2, 2015

The current plunge in oil prices will likely negatively affect plug-in and hybrid vehicle sales in the short term; automakers such as BMW are already warning of lower sales of plug-in vehicles given the market context. Anticipated price of oil and forecast plug-in sales. Lux on the price of oil. Source: Lux Research.

Plug-in 150

Plug-in Oil Cheap Plug 150

Green Car Congress

MARCH 27, 2020

The magnitude of gasoline demand decline will be much greater than the impact of the 2008 recession and could be further protracted depending on how effective social distancing measures are at controlling the spread of the COVID-19 virus. during the global recession in 2008/2009. million units. million units, down by at least 15.3%

Gasoline 269

Gasoline 2020 Gasoline-Electric 2008 269

Green Car Congress

AUGUST 26, 2014

In its latest Monday note, energy research company Douglas-Westwood wrote that the Exploration & Production industry (E&P), experiencing rising global hydrocarbon demand as well as rising costs, is facing the technical challenge of the development of High Pressure – High Temperature (HPHT) reserves.

Industrial 231

Industrial Industry Oil Gas 231

Green Car Congress

DECEMBER 16, 2009

Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. Of course, other countries benefit from this fact, with about $900 million flowing out of the US to buy foreign oil every day, and about 40% of that going to OPEC. [ Source: EIA. Click to enlarge.

Oil 255

Oil Transportation Congress Fuel Economy 255

Green Car Reports

OCTOBER 5, 2012

According to Reuters, oil analyst Tom Kloza, chief oil analyst for Oil Price Information Service, expects the. With the Golden State already paying some of the highest gas prices in the nation, California drivers will find it's going to get more costly than ever to fill their tanks.

2008 121

2008 California Gas Price 121

Green Car Congress

APRIL 28, 2009

Neste Oil has decided to postpone construction of a new gasoline isomerization unit at its Porvoo, Finland refinery. The decision to build a new isomerization unit was taken in summer 2008 and its investment cost was estimated to be approximately €80 million (US$104 million). Earlier post.). Earlier post.).

Gasoline 170

Gasoline Oil Bahrain Singapore 170

Green Car Congress

JANUARY 17, 2015

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

Renewable 150

Renewable Parts Power Powered 150

Green Car Congress

DECEMBER 19, 2010

Suncor is targeting 1 million barrels per day output in 2020, with its growth in the oil sands underpinned by its alliance with Total. Approximately 80% of that production will be from the oil sands. The agreement with Total is an important element of Suncor’s plans to more than double our oil sands production.

Oil-Sands 199

Oil-Sands Oil 2020 2011 199

Green Car Congress

JANUARY 11, 2010

Recent successful field tests at its Colony Mine with the Electrofrac process for converting the kerogen in oil shale to producible oil and gas is prompting ExxonMobil to try again for a research and development lease from the Interior Department for a larger trial. barrels of water for each barrel of oil produced, he said.

Oil 199

Oil Gas-Electric Conversion 2005 199

Green Car Congress

JUNE 12, 2019

The United States recorded the largest-ever annual production increases by any country for both oil and natural gas, the vast majority of increases coming from onshore shale plays. Cobalt prices rose 30% to their highest levels since 2008, while Lithium carbonate prices increased by 21% to new highs.

Climate Change 223

Climate Change Climate Coal 2018 223

Green Car Congress

JULY 7, 2010

a Total subsidiary, has signed an agreement with UTS Energy Corporation (UTS) to acquire UTS Corporation with its main asset, a 20% interest in the Fort Hills oil sands mining project in Alberta, Canada. per share) the cost of the acquisition for Total amounts to approximately CAD 1.15 Total E&P Canada Ltd., billion (US$1.09

Oil-Sands 186

Oil-Sands Corporation Oil Canada 186

Green Car Congress

OCTOBER 17, 2013

MQL eliminates conventional flood coolant from the machining processes, lubricating cutting tools with a fine spray of oil directed exactly when and where it is needed. MQL reduces oil mist generation; biological contamination of coolant; waste water volume; costs for capital equipment; and regulatory permitting. Silverson, S.,

Ford 273

Ford Water 2007 Michigan 273

Green Car Congress

FEBRUARY 25, 2010

Canadian Oil Sands Trust, the largest stakeholder (36.74%) in the Syncrude oil sands project, announced plans to increase the synthetic crude oil production capacity at Syncrude Mildred Lake upgrader to 425,000 barrels per day by 2020 from 350,000 now. Marcel Coutu, Canadian Oil Sands’ President and CEO. and Imperial Oil.

Oil-Sands 199

Oil-Sands Oil 2020 Canada 199

Green Car Congress

MAY 13, 2012

OsComp Systems, a startup formed by MIT alumni, has developed , with support from the US Department of Energy (DOE), a hybrid rotary compressor design that decreases the energy required to compress and transport natural gas, lowers operating costs, improves efficiencies and reduces the environmental footprint of well site operations.

Design 231

Design Hybrid Transportation Production 231

Green Car Congress

JULY 6, 2016

Chevron Corporation announced that its 50% owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project (FGP-WPMP), which will increase crude oil production at the Tengiz oil field in Kazakhstan by about 260,000 barrels per day. First oil is planned for 2022.

Kazakhstan 150

Kazakhstan Chevron Oil 2012 150

Green Car Congress

JANUARY 11, 2013

Pacific Ethanol, Stockton LLC has entered into an agreement to install Edeniq’s Cellunators to boost ethanol yields and OilPlus corn oil extraction process to increase corn oil recovery at the company’s Stockton, California ethanol plant. Earlier post.). In June, Edeniq received a $3.9 In June, Edeniq received a $3.9

Idaho 239

Idaho Oregon California Grant 239

Green Car Congress

FEBRUARY 7, 2014

The Aemetis plant was built in 2008 to produce biodiesel and refined glycerin using large volumes of lower-cost, non-food by-products from the edible oil industry as feedstock to supply the biofuel, pharmaceutical, and industrial markets. Aemetis, Inc., — Eric McAfee, Chairman and CEO of Aemetis.

India 218

India Malaysia Argentina Indonesia 218

Green Car Congress

SEPTEMBER 13, 2014

Alon expects to provide information on the cost of constructing the new rail facility and the expected crude-by-rail volumes at the time of its third quarter 2014 conference call. Current products include gas oil, gasoline, diesel fuel, and petroleum coke. the routes over which the crude oil will be transported.

USA 231

USA Light Oil United States 231

Green Car Congress

DECEMBER 15, 2009

Costs of light-duty plug-in hybrid electric vehicles (PHEVs) are high—largely due to their lithium-ion batteries—and unlikely to drastically decrease in the near future, according to a new report from the National Research Council (NRC). Similarly, the PHEV-40 with a $14,000 battery pack would cost about $18,100 more. Click to enlarge.

Plug-in 186

Plug-in Plug PHEV Hybrid 186

Green Car Congress

APRIL 15, 2009

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.

Oil 150

Oil Iowa Commercial Universal 150

Green Car Congress

OCTOBER 21, 2009

A newly released University of Michigan study found widespread consumer interest in buying plug-in hybrid electric vehicles; however, the cost of the cars is much more influential than environmental and other non-economic factors as a predictor of purchase probabilities. 14% said there was a chance of purchase at $10,000 more.

Michigan 218

Michigan Plug-in Cost Of Plug 218

Green Car Congress

OCTOBER 9, 2012

Using soybean oil as its primary feedstock, the facility, which opened in 2008, produces 40 million gallons of biodiesel and 30 million pounds of food-grade glycerin annually. Co-locating the biodiesel plant next to a soybean crushing facility reduces cost, saves time and money while working with three great partners.

Kansas City 231

Kansas City Missouri Kansas 2006 231

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150

Oil Standards Price Oil Prices 150

Green Car Congress

OCTOBER 25, 2009

Artist’s rendering of a GE Frame-7 gas turbine, similar to the units that GE Oil & Gas is supplying for the Gorgon project. billion barrels of oil (boe). The award further strengthens GE Oil & Gas’ strategic role in the Gorgon project. Click to enlarge. Earlier post.). First gas is planned for 2014.

Gas 210

Gas Oil Chevron South Korea 210

Green Car Congress

JANUARY 17, 2012

In October 2011, the refinery yield of distillate fuels (a category that includes diesel fuel and heating oil) reached 29.7%, matching the previous record set in December 2008, according to figures from the US Energy Information Administration (EIA). US refinery yields, October 2011 and October 2011. It reached 7.3% in October 2011.

2001 199

2001 2011 Oil Gasoline 199