Green Car Congress

JANUARY 9, 2018

Eni’s proprietary Eni Slurry Technology (EST) is able to convert refining residues entirely into high-quality light products, eliminating both liquid and solid refining residues with significant environmental benefits. The elimination of pet-coke production is part of global efforts to contain CO 2 emissions. 614-622.

Oil 150

Oil Convert Light Oil-Sands 150

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. Constant dollar values were adjusted by the Gross Domestic Product Implicit Price Deflator.

Gasoline 418

Gasoline Price 2019 2002 418

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.).

Oil-Sands 314

Oil-Sands Oil Emissions Climate 314

Green Car Congress

FEBRUARY 20, 2016

These were the highest January deliveries in eight years, since 2008. Crude oil production decreased 1.4% Crude oil production decreased 1.4% Texas continued with high production, posting the highest ever January production. Crude oil imports increased 8% from January 2015 to 7.7 At nearly 3.6

2008 150

2008 Gasoline North Dakota 2015 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 Production Fuel 150

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 199

Gasoline Oil Finland Production 199

Green Car Congress

NOVEMBER 21, 2019

Biomass technology group BTG plans to set up a new high-tech technology company that can convert crude pyrolysis oil into diesel fuel suitable for the shipping sector. It will be the first refinery in the world for an advanced marine biofuel based on pyrolysis oil. The new facility will be operated by a new company named BTG-neXt.

Oil 186

Oil Convert Mariner Fuel 186

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

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.

Brazil 170

Brazil 2009 Oil Production 170

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 11, 2022

Strong demand for ultra-low sulfur diesel (ULSD) in October, combined with reduced global production, has resulted in lower ULSD inventories in the United States, according to the US Energy Information Administration (EIA). ULSD is the most widely consumed form of distillate fuel oil.

Diesel 195

Diesel Price United States Oil 195

Green Car Congress

JUNE 26, 2009

Global CO 2 emissions from fuel use and cement production by region. 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.

2008 170

2008 Oil Renewable Emissions 170

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 220

North Dakota Mexico Oil Oklahoma 220

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 If the situation persists, the case for a return to some kind of production cap may gain traction. million b/d.

Saudi Arabia 150

Saudi Arabia 2008 Iran Nigeria 150

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 287

Oil Global Oil-Sands Saudi Arabia 287

Green Car Congress

MAY 16, 2017

announced that its Universal Biofuels subsidiary has won a $6-million first contract to supply biodiesel to the India government-owned Oil Marketing Companies (OMC) in a public tender process. The plant was constructed in 2008 and was expanded to produce refined glycerin in 2013. Aemetis, Inc.

India 150

India Oil Supplies Companies 150

Green Car Congress

JANUARY 7, 2018

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. Wood Mackenzie currently expects around 350,000-400,000 b/d of oil production (just oil, not factoring in natural gas) by 2026 from there.

Guyana 150

Guyana Oil South America Suriname 150

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

AUGUST 7, 2015

Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the collapse of prices in July—owing to the Iran nuclear deal, an ongoing production surplus, and economic and financial concerns in Greece and China—have darkened the mood. by Nick Cunningham of Oilprice.com.

Oil 150

Oil Saudi Arabia Supplies Oil Prices 150

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 262

Saudi Arabia Oil Iraq Venezuela 262

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 225

Oil Oil-Sands Cost Of Oil Prices 225

Green Car Congress

APRIL 11, 2009

In its latest Oil Market Report (10 April), the International Energy Agency revised down forecast 2009 oil demand by 1.0 mb/d below 2008. The pace of contraction is close to early 1980s levels, the IEA said, with a growing consensus that economic and oil demand recovery will be deferred to 2010. mb/d in 2008 to 50.3

2008 150

2008 Oil 2009 Supplies 150

Green Car Congress

MARCH 13, 2017

billion barrels of recoverable light oil in the Nanushuk play in Alaska’s North Slope. Spain-based integrated global energy company Repsol has been actively exploring Alaska since 2008, and since 2011 the company has drilled multiple consecutive discoveries on the North Slope along with partner Armstrong. billion barrels.

Alaska 170

Alaska Oil Energy Spain 170

Green Car Congress

MAY 24, 2022

The trial is using a bp-manufactured B30 biofuel blend composed of 30% fatty acid methyl esters (FAME) blended with very low sulfur fuel oil (VLSFO). This B30 biofuel blend can reduce lifecycle carbon dioxide emissions by up to 26% compared to standard marine fuel oil. All biofuel refueling during the trial will be at Rotterdam.

Mariner 273

Mariner Oil Carbon Fuel 273

Green Car Congress

JUNE 26, 2015

In a new, comprehensive study, a team from Argonne National Laboratory, Stanford University and UC Davis ITS has estimated the well-to-wheels (WTW) GHG emissions of US production of gasoline and diesel sourced from Canadian oil sands. g CO 2 e/MJ for US conventional crude oil recovery. This range can be compared to ∼4.4

Oil-Sands 150

Oil-Sands Oil Gasoline Emissions 150

Green Car Congress

MARCH 3, 2022

European Energy , a Danish developer and operator of green energy projects, has ordered a 50 MW electrolyzer from Siemens Energy for use in developing the first large-scale commercial e-Methanol production facility. Start of commercial methanol production is planned for second half of 2023.

Energy 370

Energy Denmark Gas-Electric Fuel 370

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

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 — Secretary of the Interior Ken Salazar. Source: USGS.

North Dakota 186

North Dakota Oil Montana 2008 186

Green Car Congress

AUGUST 12, 2016

The first peer-reviewed study to directly quantify how emissions from oil and natural gas (O&NG) activities influence summertime tropospheric ozone (O 3 ) pollution in the Colorado Front Range confirms that chemical vapors from oil and gas activities are a significant contributor to the region’s chronic ozone problem. McDuffie et al.

Ozone 150

Ozone Oil Gas Emissions 150

Green Car Congress

APRIL 24, 2015

Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? Is this a relatively short term event like 2008, or a longer term slump like the one in the mid 1980’s?

Saudi Arabia 150

Saudi Arabia Oil Prices Oil Price 150

Green Car Congress

DECEMBER 10, 2013

one of the world leaders in algae-based “Green Crude” oil production, and Phillips 66, an integrated energy manufacturing and logistics company, have entered a strategic joint development agreement aimed at taking production of algae crude oil a significant step toward commercialization.

Oil 199

Oil Energy San Diego Columbus 199

Green Car Congress

NOVEMBER 19, 2009

US crude oil production for October averaged 5.36 Crude production from the Lower 48 states averaged 4.67 percent from last October’s delivery surge that followed hurricane-related supply interruptions of September 2008. million barrels per day, up from both last year and prior months.

Oil 218

Oil Production Mexico 2005 218

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 220

Oil-Sands Oil 2008 Oil Prices 220

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. trillion) to 31.4045 trillion yuan (US$4.6

2008 225

2008 China Energy Coal 225

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. Statoil expects to start production from Mariner in 2017, and the field is expected to produce for 30 years. The oil is heavy with API gravities of 14.2

Mariner 225

Mariner Oil Climate Change 2007 225

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 223

Mexico Oil Gas Obama 223

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 268

Mexico Oil Sale Gas 268