2008 and Oil - EV Driven

bp starts oil production at Argos platform in the Gulf of Mexico; first new platform since 2008

Green Car Congress

APRIL 14, 2023

bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. Argos is the centerpiece of bp’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. Earlier post.) bp is the operator with 60.5%

Mexico

Mexico 2008 Oil Production

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

Green Car Congress

APRIL 27, 2012

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.). —Dr.

Oil-Sands

Oil-Sands Oil Emissions Climate

As states use less coal for electricity, driving electric vehicles becomes even cleaner

Green Car Congress

APRIL 13, 2020

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.

Coal

Coal Cleaner Electric Vehicles Alaska

US BLM issues draft PEIS for oil shale and oil sands; significantly scales back public land available for commercial leasing

Green Car Congress

FEBRUARY 4, 2012

The US Bureau of Land Management (BLM) has published the Notice of Availability (NOA) of the Draft Programmatic Environmental Impact Statement (PEIS) and Possible Land Use Amendments for Allocation of Oil Shale and Tar Sands Resources on Lands Administered by the BLM in Colorado, Utah and Wyoming.

Oil-Sands

Oil-Sands Oil Commercial Available

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

Guyana

WRI: global oil consumption hits all-time high

Green Car Congress

AUGUST 15, 2011

between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% About one third of this growth came from China, which now uses more than 10% of the world’s oil. of total oil consumption in 2010. of total oil consumption in 2010. After falling 1.5% million barrels per day in 2009.

Oil

Oil Global Oil-Sands Saudi Arabia

New USGS oil and gas assessment for Bakken and Three Forks formations boosts estimates of recoverable oil two-fold, natural gas three-fold

Green Car Congress

MAY 2, 2013

The United States Geological Survey (USGS) released an updated oil and gas resource assessment for the Bakken Formation and a new assessment for the Three Forks Formation in North Dakota, South Dakota and Montana, resulting in a two-fold increase in the estimated technically recoverable oil, and a three-fold increase in estimated natural gas.

Oil

Oil North Dakota Gas South Dakota

Peugeot to show 2008 HYbrid Air at Geneva show; more detail on operation

Green Car Congress

FEBRUARY 18, 2013

Peugeot 2008 HYbrid Air. Like its group partner Citroën ( earlier post ), Peugeot will display an application of the new Hybrid Air technology ( earlier post )—the 2008 HYbrid Air—at the upcoming Geneva show. The energy tank can be seen in the central tunnel, and the low-pressure tank at the rear. Click to enlarge.

2008

2008 Hybrid Gasoline Engine

DOE to award up to $88M for oil and natural gas recovery research

Green Car Congress

JANUARY 11, 2019

The Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs). of total US production in 2008 (0.8 billion barrels.

Oil

Oil Gas 2014 2017

Study finds that switch to heavy and synthetic crude oils could double or triple refinery emissions

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

Oil Oil-Sands Emissions Hydrogen

How crude-oil prices influence gasoline prices

Green Car Congress

MAY 30, 2018

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. for a 10-day lag.

Oil Prices

Oil Prices Gasoline Oil Price

Commentary: Could falling oil prices spark a financial crisis?

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

Oil Prices Oil Price North Dakota

PNNL study finds algal oil could replace 17% of US petroleum oil imports

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

Oil Water South Carolina Climate

IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

Green Car Congress

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

Oil Global 2003 2007

Annual petroleum production in the US more than doubled from 2008 to 2018

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

2008 2018 Production 2014

EIA: Top 5 US crude oil suppliers account for 72% of total crude imports; highest proportion since 1997

Green Car Congress

APRIL 20, 2013

Crude oil imports from the top five foreign suppliers to the United States—which in 2012 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq, in that order—accounted for almost 72% of total US net crude oil imports, the highest proportion since 1997, according to the US Energy Information Administration (EIA).

Saudi Arabia

Saudi Arabia Oil Iraq Venezuela

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

Green Car Congress

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

Oil-Sands Oil 2008 Oil Prices

DOE: Adjusted for inflation, the price of gasoline in 2019 was similar to the price in 1929

Green Car Congress

DECEMBER 22, 2020

The graph below shows the effect of the oil embargo in the early 1980s. From 2002 to 2008, the price of gasoline rose substantially, but then fell sharply in 2009 during the economic recession. In 2012, prices reached the highest level in both current and constant dollars but began a steep decline thereafter.

Gasoline

Gasoline 2019 Price 2002

Japan will begin test drilling for oil and gas off Niigata coast in 2013

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

Japan Oil 2013 Gas

Lux Research: Cost of replacing a barrel of produced oil up 350% in 13 years

Green Car Congress

OCTOBER 1, 2012

The cost associated with replacing a barrel of produced oil has risen from $6 per barrel in 1998 to $27 per barrel in 2011, according to Lux Research—an increase of 350%. Unconventional oil will be a key area of focus for producers. will be in the oil sands. Cost to replace each barrel of oil produced.

Oil

Oil Oil-Sands Cost Of Oil Prices

DOI: latest Gulf of Mexico oil & gas lease sales garner $872M in high bids

Green Car Congress

MARCH 21, 2014

Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. The area will be offered to industry again in 2016 under the current Five Year Offshore Oil and Gas Leasing Program.

Mexico

Mexico Oil Gas Sale

As states continue to use less coal for electricity, driving electric vehicles becomes even cleaner

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. Therefore, the data for 2008 are included here as well. Natural gas.

Coal

Coal West Virginia North Dakota Cleaner

EIA: 5 states and the Gulf of Mexico produce more than 80% of US crude oil; shales drive the growth

Green Car Congress

MARCH 31, 2014

Five states (Texas, North Dakota, California, Alaska, and Oklahoma) and the Gulf of Mexico supplied more than 80%, or 6 million barrels per day, of the crude oil (including lease condensate) produced in the United States in 2013, according to the US Energy Information Administration (EIA). Total US crude oil production grew 15% in 2013 to 7.4

North Dakota

North Dakota Mexico Oil Oklahoma

Petrobras’ June oil production in Brazil up 1.7% exceeding 2M bpd; gas production reaches record

Green Car Congress

JULY 19, 2014

Petrobras’s June oil production in Brazil averaged 2,008 thousand barrels/day (bpd), up 1.7% The company’s oil and natural gas production in Brazil in the same month was 2,426 thousand barrels of oil equivalent per day (boed), indicating a 1.6% from May’s production of 1,975 thousand bpd. rise from May (2,387 thousand boed).

Brazil

Brazil Oil Gas Production

Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

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

Renewable Fuel Tax Credit 2002

IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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

Estonia Oil Cleaner Jordan

Peugeot 2008 crossover delivers CO2 emissions as low as 99g/km for gasoline, 98 g/km for diesel

Green Car Congress

MARCH 6, 2013

The 2008 on display in Geneva. an oil-bathed timing belt integrated in a sump, which also contributes to the quiet operation. Fitted on both the gasoline and diesel engines, this technology, which reduces consumption and increases the comfort of use, is now available on 6 of the 9 engines of the 2008 range. Click to enlarge.

2008

2008 Gasoline Diesel CO2

Neste Oil to invest €65M to enhance high-octane gasoline production at Porvoo

Green Car Congress

FEBRUARY 5, 2013

Neste Oil has decided to build an isomerization unit at its Porvoo refinery. In addition to its importance for Neste Oil, the new unit represents a major industrial investment nationally in Finland. —Matti Lehmus, Neste Oil’s Executive Vice President, Oil Products and Renewables.

Gasoline

Gasoline Oil Finland Production

EIA: nearly 69% of US crude oil imports in 2011 originated from 5 countries; Canada alone accounted for 25%

Green Car Congress

MARCH 28, 2012

The amount of crude oil the United States imported from its top five foreign suppliers—Canada, Saudi Arabia, Mexico, Venezuela, and Nigeria—increased slightly during 2011, even though total US crude oil imports fell to their lowest level in 12 years, according to the US Energy Information Administration. million bbl/d.

Saudi Arabia

Saudi Arabia Canada 2011 Venezuela

UK Government approves Statoil’s US$7B development of North Sea Mariner heavy oil field

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

Mariner Oil Climate Change 2007

BP begins shipping crude oil for US West Coast through transPanama Pipeline

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

Panama Oil South America Alaska

Algae.Tec and Lufthansa sign MoU to evaluate potential of algae-oil based aviation biofuels

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

Oil Atlanta Georgia 2008

Enbridge to twin southern section of its Athabasca oil sands pipeline for about $1.2B

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

Oil-Sands Oil 2015 2005

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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

Coal Oil Renewable Saudi Arabia

Utah Water Quality Board upholds issuance of permit for oil sands mine in Utah

Green Car Congress

OCTOBER 26, 2012

The Utah Water Quality Board, in a 9-2 vote this week, agreed with the August 2012 recommendations of an administrative law judge (ALJ) upholding a permit-by-rule issued by the Division of Water Quality (DWQ) for the proposed PR Spring an oil sands mine on state land in eastern Utah. Much of the oil sands resource (5% - 14% ore grade by wt.)

Oil-Sands

Oil-Sands Utah Water Oil

HEET to conduct first Boeing-COMAC Technology Center aviation biofuel research project focused on waste cooking oil

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

Waste Oil China Corporation

Actual fuel economy of cars and light trucks: 1966-2019

Green Car Congress

JANUARY 7, 2021

A modest increase between 2004 and 2008 (from 19.6 A minor increase between 2008 and 2019 (from 21.8 In terms of fuel consumption per distance driven, the change between 1973 (the year of the first oil embargo) and 1991 (from 7.75 In comparison, the change between 2008 and 2019 (from 4.59 mpg for both years). per year.

Fuel Economy

Fuel Economy 2019 Economy Light

Shell sets world record for deepest subsea oil and gas well in Perdido Development: 9,627 feet in Gulf of Mexico

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

Mexico Oil Gas Chevron

BNSF expands Bakken oil rail transport capacity to 1M barrels per day; overcoming shortage of pipeline capacity

Green Car Congress

SEPTEMBER 5, 2012

BNSF Railway (BNSF) has increased capacity in 2012 to enable the railroad to haul one million barrels of oil per day out of the Williston Basin in North Dakota and Montana. One million barrels of oil per day would represent about 16-17 unit trains of 100 tanker cars each (60,000 barrels per train). million barrels in 2008 to 88.9

North Dakota

North Dakota Oil Montana Transportation

Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

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

Obama Oil Gas-Electric Purchase

BP announces significant resource extension of Mad Dog Field in deepwater Gulf Of Mexico; total hydrocarbons estimated at up to 4B barrels of oil equivalent

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

Mexico Oil Oil-Sands Chevron

Obama Administration to offer 40 million acres in the Gulf of Mexico for oil and gas development

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. billion in high bids.

Mexico

Mexico Oil Gas Obama

Petrobras says new Sapinhoá offshore Brazil field has 2.1B barrels of oil equivalent estimated recoverable

Green Car Congress

DECEMBER 30, 2011

billion barrels of oil equivalent (boe). Sapinhoá is yet another enormous field discovered in the Brazilian pre-salt layer and one of the biggest in the country, consisting of good quality oil reservoirs (30° API). Block BM-S-9. Click to enlarge. The Development Plan report will be submitted to the ANP in February 2012.

Brazil

Brazil Oil 2012 2008

Liquid Robotics and Schlumberger form joint venture for wave-powered autonomous marine vehicles for oil and gas industry

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. Wave Glider.

Mariner

Mariner Oil Gas Industry

bp starts oil production at Argos platform in the Gulf of Mexico; first new platform since 2008

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

Trending Sources

As states use less coal for electricity, driving electric vehicles becomes even cleaner

US BLM issues draft PEIS for oil shale and oil sands; significantly scales back public land available for commercial leasing

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

WRI: global oil consumption hits all-time high

New USGS oil and gas assessment for Bakken and Three Forks formations boosts estimates of recoverable oil two-fold, natural gas three-fold

Peugeot to show 2008 HYbrid Air at Geneva show; more detail on operation

DOE to award up to $88M for oil and natural gas recovery research

Study finds that switch to heavy and synthetic crude oils could double or triple refinery emissions

How crude-oil prices influence gasoline prices

Commentary: Could falling oil prices spark a financial crisis?

PNNL study finds algal oil could replace 17% of US petroleum oil imports

IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

Annual petroleum production in the US more than doubled from 2008 to 2018

EIA: Top 5 US crude oil suppliers account for 72% of total crude imports; highest proportion since 1997

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

DOE: Adjusted for inflation, the price of gasoline in 2019 was similar to the price in 1929

Japan will begin test drilling for oil and gas off Niigata coast in 2013

Lux Research: Cost of replacing a barrel of produced oil up 350% in 13 years

DOI: latest Gulf of Mexico oil & gas lease sales garner $872M in high bids

As states continue to use less coal for electricity, driving electric vehicles becomes even cleaner

EIA: 5 states and the Gulf of Mexico produce more than 80% of US crude oil; shales drive the growth

Petrobras’ June oil production in Brazil up 1.7% exceeding 2M bpd; gas production reaches record

Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

Peugeot 2008 crossover delivers CO2 emissions as low as 99g/km for gasoline, 98 g/km for diesel

Neste Oil to invest €65M to enhance high-octane gasoline production at Porvoo

EIA: nearly 69% of US crude oil imports in 2011 originated from 5 countries; Canada alone accounted for 25%

UK Government approves Statoil’s US$7B development of North Sea Mariner heavy oil field

BP begins shipping crude oil for US West Coast through transPanama Pipeline

Algae.Tec and Lufthansa sign MoU to evaluate potential of algae-oil based aviation biofuels

Enbridge to twin southern section of its Athabasca oil sands pipeline for about $1.2B

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Utah Water Quality Board upholds issuance of permit for oil sands mine in Utah

HEET to conduct first Boeing-COMAC Technology Center aviation biofuel research project focused on waste cooking oil

Actual fuel economy of cars and light trucks: 1966-2019

Shell sets world record for deepest subsea oil and gas well in Perdido Development: 9,627 feet in Gulf of Mexico

BNSF expands Bakken oil rail transport capacity to 1M barrels per day; overcoming shortage of pipeline capacity

Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

BP announces significant resource extension of Mad Dog Field in deepwater Gulf Of Mexico; total hydrocarbons estimated at up to 4B barrels of oil equivalent

Obama Administration to offer 40 million acres in the Gulf of Mexico for oil and gas development

Petrobras says new Sapinhoá offshore Brazil field has 2.1B barrels of oil equivalent estimated recoverable

Liquid Robotics and Schlumberger form joint venture for wave-powered autonomous marine vehicles for oil and gas industry

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