Green Car Congress
OCTOBER 24, 2013
Total (operator, 37.5%) has made the final investment decision to develop the Vega Pleyade gas and condensate field offshore Tierra del Fuego, Argentina in the Southern Atlantic. Present in Argentina since 1978, Total, through its affiliate Total Austral, operates 30% of that country’s gas production.
Green Car Congress
JULY 17, 2011
Petrobras’ oil and natural gas output in Brazil was 2,407,366 barrels of oil equivalent per day (boed) in June, 4% more than the 2,315,117 barrels produced a year earlier and a 2% increase over May 2011. Domestic natural gas production was 57.317 million cubic meters per day in June. This was 6.9% above last May.
Green Car Congress
JUNE 10, 2013
Map of basins with assessed shale oil and shale gas formations, as of May 2013. Among the highlights in the 2013 report is a 10-fold increase in the estimate of technically recoverable shale / tight oil from 32 billion barrels (from the EIA’s Annual Energy Outlook 2011 ) to 345 billion barrels. Source: US EIA. Click to enlarge.
Green Car Congress
JANUARY 19, 2012
Argentina and Venezuela will form a joint venture targeting production of 100,000 barrels of extra-heavy oil per day in the Junin field area of the Orinoco Oil Belt. billion project will also include a refinery. The alliance coincided with the release of the Orinoco Belt to participation by foreign companies in 2005. billion barrels.
Green Car Congress
APRIL 6, 2011
Map of 48 major shale gas basins in 32 countries. Initial assessments of 48 shale gas basins containing almost 70 shale gas formations in 32 countries suggest that shale gas resources, which have recently provided a major boost to US natural gas production, are also available in other world regions. Source: EIA.
Green Car Congress
NOVEMBER 11, 2011
Sinopec Group, ranked the 5th in the Fortune Global 500 in 2011, is China’s largest producer of refined oil products and major petrochemical products and its second largest crude oil producer. In 2010, Sinopec’s domestic crude output amounted to 298 MMbbl and natural gas production grew to 441 Bcf. billion bbl and 4.41
Green Car Congress
JULY 20, 2011
CNOOC is China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world. The Group mainly engages in exploration, development, production and sales of oil and natural gas. Noteholders representing approximately 55.2%
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