Green Car Congress

FEBRUARY 6, 2011

Increasing crude processing intensity and energy intensity with worsening oil quality. OQ: Crude feed oil quality. Observations are annual weighted averages for districts 1 (yellow), 2 (blue), 3 (orange), and 5 (black) in 1999-2008. PI: Crude processing intensity. EI: Refinery energy intensity. Credit: ACS, Karras et al.

Oil 287

Oil Oil-Sands Emissions Hydrogen 287

Green Car Congress

DECEMBER 5, 2014

The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. As is the nature of the junk-bond market, lots of money flowed to companies with much riskier drilling prospects than, say, the oil majors. The situation will compound itself if oil prices stay low.

Oil Prices 270

Oil Prices Oil Price North Dakota 270

Green Car Congress

FEBRUARY 14, 2014

Beaudreau announced that Interior will offer more than 40 million acres for oil and gas exploration and development in the Gulf of Mexico in March lease sales. BOEM estimates the proposed sale could result in the production of approximately 1 billion barrels of oil and 4 trillion cubic feet of natural gas.

Mexico 223

Mexico Oil Gas Obama 223

Green Car Congress

NOVEMBER 17, 2011

Shell Oil Company is now producing oil from what it says is the world’s deepest subsea well at its Perdido Development. From Perdido, Shell accesses the Great White, Tobago, and Silvertip oil and gas fields through subsea wells directly below the facility and from wells up to seven miles away. Earlier post.)

Mexico 236

Mexico Oil Gas Chevron 236

Green Car Congress

APRIL 13, 2011

A new Pacific Northwest National Laboratory (PNNL) study shows finds that oil from algae grown in outdoor raceway ponds located in the Gulf Coast, the Southeastern Seaboard and the Great Lakes could replace 17% of the United States’ imported oil for transportation. That’s 17% of the petroleum that the U.S.

Oil 281

Oil Water South Carolina Climate 281

Green Car Congress

DECEMBER 11, 2009

A new report from Pike Research forecasts that the global natural gas vehicle (NGV) sector is poised for a new period of growth. million in 2008. In most regions, the use of natural gas as a transportation fuel is for the purpose of reducing the usage of imported crude oil or imported refined gasoline. Energy security.

2015 268

2015 Gas Fleet Global 268

Green Car Congress

DECEMBER 26, 2009

China’s National Bureau of Statistics (NBS) has revised key economic figures for 2008 following its second national economic census, including gross domestic product (GDP) growth rate, energy use growth rate, and rate of reduction in energy use per unit of GDP. The country’s 2008 GDP growth rate has been revised upward from 9.0

2008 225

2008 China Energy Coal 225

Green Car Congress

MARCH 30, 2011

Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. The Administration is pushing the oil industry to produce on leases already held.

Obama 268

Obama Oil Gas-Electric Purchase 268

Green Car Congress

JUNE 22, 2012

and Schlumberger have created Liquid Robotics Oil & Gas , a joint venture to develop services for the oil and gas industry using Wave Gliders, the first wave-powered, autonomous marine vehicles. Initial customer deliveries of the Wave Glider unmanned maritime vehicle (UMV) took place in 2008. Liquid Robotics, Inc.

Mariner 210

Mariner Oil Gas Industry 210

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. The Greater Gorgon Area—comprising the Jansz and Gorgon fields—has projected natural gas resources equivalent to 6.7 billion barrels of oil (boe). First gas is planned for 2014.

Gas 210

Gas Oil Chevron Production 210

Green Car Congress

JUNE 26, 2009

in 2008, against 3.3% In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. billion tonnes in 2008. Source: PBL. Click to enlarge.

2008 170

2008 Oil Renewable Emissions 170

Green Car Congress

JUNE 10, 2011

MIT and the IEA both have newly released reports exploring the potential for and impact of a major expansion in global usage of natural gas, given the current re-evaluation of global supplies. The IEA takes a more conventional approach, assessing the impact on the penetration of vehicles burning gas as their fuel. Earlier post.)

MIT 299

MIT Gas Transportation Future 299

Green Car Congress

DECEMBER 15, 2009

overall from 2008 to 2035. CO 2 emissions from the transportation sector are projected to remain at 33% of the total in 2035, but increase from 1,925 million metric tons in 2008 to 2,115 in 2035. As a result, reliance on imported oil declines significantly over the next 25 years. trillion cubic feet in 2008 to 23.3

Renewable 199

Renewable 2010 Oil Energy 199

Green Car Congress

DECEMBER 10, 2019

million barrels per day (mmbd) in 2008 to 15.3 Note: Petroleum includes crude oil and natural gas liquids. Annual petroleum production in the United States doubled from 6.8 mmbd in 2018, according to the US Department of Energy (DOE). Record levels of production began when the 11.8 mmbd in 2014 topped the previous high of 11.3

2008 195

2008 2018 Production 2014 195

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SEPTEMBER 20, 2011

Worldwide energy consumption will grow by 53% between 2008 and 2035 with much of the increase driven by strong economic growth in the developing nations, especially China and India, according to the reference case in the newly released International Energy Outlook 2011 (IEO2011) from the US Energy Information Administration (EIA).

Oil-Sands 220

Oil-Sands Oil 2008 Oil Prices 220

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APRIL 23, 2018

Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018. —Spencer Welch.

Oil 276

Oil Global 2003 2007 276

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AUGUST 26, 2014

HPHT issues are not new; Schlumberger’s quarterly publication Oilfield Review examined HPHT issues in 1998 and again in 2008. A good example is the Haynesville shale gas play where one E&P Company has completed more than 300 HPHT wells, he noted. HPHT reservoirs drive new technology requirements in a number of ways.

Industrial 231

Industrial Industry Oil Gas 231

Green Car Congress

JUNE 13, 2012

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%

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

SEPTEMBER 18, 2009

US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. Nuclear was not included in the analysis.

Renewable 338

Renewable Fuel Tax Credit 2002 338

Green Car Congress

JULY 15, 2009

Oil and gas drilling in the US in the second quarter of 2009 fell 46% year-on-year to an estimated 8,038 oil wells, natural gas wells and dry holes, according to the American Petroleum Institute’s (API) Quarterly Well Completion Report: Second Quarter. This activity corresponds to levels in 2003-2004.

Oil 150

Oil Gas 2009 2008 150

Green Car Congress

OCTOBER 17, 2009

World production of fossil fuels—oil, coal, and natural gas—increased 2.9% in 2008 to reach 27.4 million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. Energy prices reflected this shift: oil peaked at $144 per barrel in July, then fell to $34 per barrel in December.

2008 150

2008 Oil-Sands Fuel Production 150

Green Car Congress

JANUARY 20, 2010

Petrobras’ average oil and natural gas production in Brazil in 2009 was 2,287,457 barrels of oil equivalent (boe), 5.1% Oil production only topped-out at the daily average of 1,970,811 barrels, a 6.3% increase over 2008, when the average was 1,854,655 barrels per day. less than 2008. more than a year ago.

Brazil 170

Brazil 2009 Oil Production 170

Green Car Congress

SEPTEMBER 2, 2009

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.

Mexico 225

Mexico Oil 2006 2002 225

Green Car Congress

SEPTEMBER 5, 2009

Vattenfall and Aalborg University are partnering with Danish startup SCF Technologies in a two-year project to design a demonstration plant based on SCF’s CatLiq process—an application of the firm’s supercritical fluid technology in the catalytic production of bio-oil from organic waste. The oxygen content of the CatLiq bio-oil is 2-12%.

Oil 218

Oil Universal 2008 Waste 218

Green Car Congress

JUNE 20, 2011

Repsol and Alliance Oil Company have signed a Memorandum of Understanding to form a joint exploration and production (E&P) venture that will serve as a growth platform for both companies in the Russian Federation, the world’s largest oil and gas producer. Repsol also owns a 74.9%

Russia 210

Russia Oil Saudi Arabia Kazakhstan 210

Green Car Congress

NOVEMBER 10, 2021

These results indicate that coal and oil are the energy sources leading to most emissions, and that hydro, wind, and nuclear are the energy sources leading to least emissions. On the two extremes, coal and oil result in about 176 times the emissions from hydro. Natural gas. Therefore, the data for 2008 are included here as well.

Coal 334

Coal West Virginia North Dakota Cleaner 334

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 Fuel Economy Congress 255

Green Car Congress

FEBRUARY 16, 2009

Additions to ExxonMobil’s proved reserves in 2008 totaled 1.5 billion oil-equivalent barrels—the bulk of it from Canadian oil sands—replacing 103% of production. Reserves additions from the Kearl Phase 1 oil sands project in Canada totaled 1.1 billion oil-equivalent barrels. billion oil-equivalent barrels.

2008 150

2008 Oil-Sands Angola Production 150

Green Car Congress

MAY 19, 2011

The US Geological Survey will update its 2008 estimate of undiscovered, technically recoverable oil and gas in the US portion of the Bakken Formation, an important domestic petroleum resource located in North Dakota and Montana. The 2008 USGS assessment estimated 3.0 The 2008 USGS assessment estimated 3.0

North Dakota 186

North Dakota Oil Montana 2008 186

Green Car Congress

JULY 31, 2009

Occidental Petroleum Corporation recently announced a significant discovery of oil and gas reserves in Kern County, California. Occidental believes there are between 150 million and 250 million gross barrels of oil equivalent (BOE) reserves within the outlined area where Oxy has drilled six wells to date to delineate the discovery.

Oil 150

Oil California Gas 2008 150

Green Car Congress

OCTOBER 10, 2012

SBM Offshore , the leader in the supply of leased Floating Production, Storage and Offloading (FPSO) vessels, has signed a Commercial Development Agreement with CompactGTL Ltd , a developer of modular gas-to-liquids (GTL) solutions ( earlier post ), to work exclusively together on offshore projects.

Gas 210

Gas 2008 Oil Corporation 210

Green Car Congress

FEBRUARY 15, 2013

The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. The average production is estimated at around 55,000 barrels of oil per day over the plateau period from 2017 to 2020. Location of the Mariner field.

Mariner 225

Mariner Oil Climate Change 2007 225

Green Car Congress

JANUARY 3, 2014

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

Estonia 236

Estonia Oil Cleaner Jordan 236

Green Car Congress

JUNE 29, 2011

The latest Rasmussen Reports national telephone survey of Likely Voters shows that 75% do not think the country is doing enough to develop its own gas and oil resources. Forty-two percent (42%) believe reducing the demand for oil is the better energy policy. These findings are virtually unchanged from late February.

Oil 186

Oil Supplies Gas Mexico 186

Green Car Congress

AUGUST 21, 2009

The US State Department has issued a Presidential Permit to Enbridge Energy, Limited Partnership to enable construction of the Alberta Clipper pipeline for the transport of crude oil from the Canadian oil sands to US refineries. This week, the RFA happened to issue two pieces, each touching on the impact of oil sands production.

Oil-Sands 220

Oil-Sands Oil Wisconsin United States 220

Green Car Congress

FEBRUARY 21, 2011

The partnership will see BP taking a 30% stake in 23 oil and gas production sharing contracts that Reliance operates in India, including the producing KG D6 block, and the formation of a 50:50 joint venture between the two companies for the sourcing and marketing of gas in India. India’s gas consumption was 5.0

India 186

India Gas Oil Industry 186

Green Car Congress

SEPTEMBER 7, 2011

The well results confirm a significant resource extension for the Mad Dog Field complex, which includes the existing field, in production since 2005, and appraisal drilling of the Mad Dog South field in 2008 and 2009. interest, Chevron Corporation, through its subsidiary Union Oil Company of California, has a 15.6%

Mexico 220

Mexico Oil Oil-Sands Chevron 220