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

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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.

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

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BP Products North America Inc. 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. Under the terms of the agreement, BP has leased a total of 5.4

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Praxair Wins Hydrogen Contract with Renewable Diesel Startup Cetane Energy

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MM from the City of Carlsbad, New Mexico to commercialize algae oil to renewable diesel. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 Cetane Energy , LLC, has awarded Praxair, Inc. Founded in 2006, Cetane Energy received $1.1

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Praxair to Supply Hydrogen to Shell Deer Park Refinery for Ultra-Low Sulfur Fuels

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Shell Oil Company has awarded Praxair , Inc. The Deer Park refinery is a 50-50 joint venture partnership between Shell Oil Company and PMI Norteamerica S.A. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8

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

Oil (..)

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Carbon Disclosure Project Report Finds Global Transportation Sector Lags Behind Global 500 in Reducing GHG Emissions and Setting Targets

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The transportation sector is set to experience significant growth, increased dependence on oil and risk of an escalation in greenhouse gasses. The transport industry now accounts for 13% of global emissions and is one of the fastest energy-demand sectors, responsible for 60% of oil consumption in high-income countries (OECD countries).

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices.

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