Green Car Congress

AUGUST 23, 2012

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. of the 2012 global total. billion, representing a share of 24.5%

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Oil 2012 Oil-Sands Gas 210

Green Car Congress

AUGUST 11, 2012

The International Energy Agency’s August Oil Market Report (OMR) trims 2012/2013 oil demand expectations by 300-400 thousand barrels per day (kb/d), although annual growth remains in an 800-900 kb/d range both years. This follows baseline data revisions and a weaker economic prognosis for 2012/2013. mb/d in 2012 and 0.8

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2013 2012 Oil Iran 236

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

Oil 231

Oil Industrial Industry Financing 231

Green Car Congress

JULY 14, 2023

More than three-fourths of all oil and gas production in the US Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average, according to a new S&P Global Commodity Insights analysis. However, about 78% of the total production was found to be beneath that average.

Mexico 150

Mexico Gas Oil Global 150

Green Car Congress

MARCH 23, 2023

Supported by the company’s growing crude production in the Permian Basin, the project is the largest refinery expansion since 2012. The BLADE (Beaumont Light Atmospheric Distillation Expansion) project built a third crude unit within the facility’s existing footprint to expand light crude oil refining.

Delaware 353

Delaware Oil 2012 Light 353

Green Car Congress

JULY 23, 2012

CNOOC Limited—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—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. It is the second-largest oil producer in the UK North Sea.

Oil-Sands 325

Oil-Sands Oil Canada Gas 325

Green Car Congress

OCTOBER 7, 2014

Despite the decision to de-emphasize microbial oil, Neste Oil emphasized that cellulosic waste will continue to play an important role in its research strategy, adding that it remains committed to its goal of further extending its feedstock base and making greater use of waste and residues in this area in particular.

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Oil Renewable Diesel Waste 310

Electrek

MARCH 27, 2024

Swedish automaker Volvo has rolled out its last diesel-powered vehicle, after a 45-year relationship with the powertrain and cranking out millions of oil-burning cars. Between 2012 and 2016, diesel accounted for half of the company’s global sales. But those days are over now as the company moves toward an all-electric future.

Volvo 145

Volvo Diesel 2016 Cars 145

Green Car Congress

DECEMBER 16, 2013

quadrillion Btu in 2012 to 12.1 from 2012 to 2040, compared to 1.2% The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. l/100 km) in 2012 to 37.2 l/100 km) in 2012 to 37.2

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

DECEMBER 4, 2014

US crude oil proved reserves increased for the fifth year in a row in 2013, a net addition of 3.1 billion barrels of proved oil reserves (a 9% increase) according to US Crude Oil and Natural Gas Proved Reserves, 2013 , released today by the US Energy Information Administration (EIA). per million Btu (MMBtu) in 2012 to $3.66

Oil 199

Oil West Virginia Mexico North Dakota 199

Green Car Congress

DECEMBER 30, 2013

Prototype low-viscosity ionic liquid-additized engine oil demonstrated a 2% improved fuel economy compared to Mobil 1 5W-30 engine oil (3.93% over the 20W-30 baseline oil) in standard fuel efficiency engine dynamometer tests. 1%) in nonpolar hydrocarbon oils.

Fuel Economy 369

Fuel Economy Oil Economy Engine 369

Green Car Congress

MARCH 8, 2012

Demand for electricity will make natural gas the fastest growing major energy source and oil and natural gas are expected to meet 60% of energy needs over the next three decades. A total of 21 major oil and gas projects will begin production between 2012 and 2014. billion oil equivalent barrels. The expansion will add 2.6

Saudi Arabia 231

Saudi Arabia Oil-Sands Oil 2012 231

Green Car Congress

SEPTEMBER 30, 2011

Ford and BASF have teamed up to develop a sustainable, plant-sourced castor oil-based foam product for the 2012 Ford Focus instrument panel. Castor oil is derived from the Ricinus Communis flowering spurge plant, which has widespread growth throughout tropical regions.

Oil 199

Oil Auto Industry Ford 2012 199

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 314

Oil-Sands Oil Emissions Climate 314

Green Car Congress

APRIL 5, 2013

Neste Oil is beginning the commercial use of tall oil pitch as a feedstock for refining into transportation fuel. Up until now, it has not been possible to use tall oil pitch, a residue produced by tall oil refiners ( earlier post ), as a commercial-scale feedstock for fuel refining purposes. Earlier post.).

Oil 230

Oil Commercial Finland Fuel 230

Green Car Congress

AUGUST 5, 2016

Under California’s Low Carbon Fuel Standard (LCFS), crude oil producers may generate credits for oil that has been produced using innovative methods and delivered to California refineries for processing. Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity.

Oil 150

Oil Solar California Chevron 150

Green Car Congress

AUGUST 27, 2013

The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 Between 2008 and 2012, Asia’s consumption increased by 4.4 In 2011 and 2012, higher oil prices and increased fuel efficiency of light-duty vehicles contributed to reduced US consumption.

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North America 2012 America Europe 261

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

DECEMBER 16, 2015

Railways and pipelines are equally safe means of transporting crude oil, according to a report comparing safety data for each mode. Prior to 2012, rail moved less than 6,000 tank cars of fuel oil and crude oil per year. Beginning in 2012, however, the amount of crude oil transported by rail began to grow.

Oil 150

Oil Canada 2014 2012 150

Green Car Congress

JULY 17, 2013

While refinery receipts of crude oil by truck, rail, and barge remain a small percentage of total receipts, EIA’s recently released Refinery Capacity Report shows refineries across the nation received more than 1 million barrels per day (bbl/d) by rail, truck, and barge in 2012, a 57% increase from 2011. Click to enlarge.

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Oil Mississippi 2012 2011 220

Green Car Congress

MARCH 21, 2014

Staff of the California Air Resources Board (ARB) has posted its calculation of the average 2012 annual carbon intensity of crudes supplied to California refineries. gCO 2/MJ, calculated by weighting the carbon intensity value for each crude by the volume supplied to California refineries during 2012. The average value is 11.36

2012 220

2012 California Carbon 2010 220

Green Car Congress

NOVEMBER 21, 2014

As November draws to a close, there are two major events that could profoundly change the oil markets. He says a deal is more likely than not due to the enormous financial pressure Iran is experiencing because of falling oil prices. Iran’s oil exports have more than halved from their pre-sanctions level of about 2.5

Iran 236

Iran Oil Saudi Arabia Market 236

Green Car Congress

FEBRUARY 28, 2014

Neste Oil, the world’s largest producer of premium-quality renewable fuels, is working with DONG Energy, one of the leading energy groups in Northern Europe, to develop an integrated process to produce renewable diesel and aviation fuel derived from agricultural residues. Earlier post.). Earlier post.).

Oil 218

Oil Renewable Diesel Energy 218

Green Car Congress

MARCH 25, 2013

Secretary of the Interior Ken Salazar last week announced the Department of the Interior’s final plan for encouraging research, development and demonstration (RD&D) of oil shale and oil sands resources on Bureau of Land Management (BLM) lands in Colorado, Utah and Wyoming. Earlier post.).

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Oil-Sands Oil Wyoming Utah 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 tonnes.

Estonia 236

Estonia Oil Cleaner Jordan 236

Green Car Congress

MAY 8, 2017

A new study by the International Council on Clean Transportation (ICCT) estimates heavy fuel oil (HFO) use, HFO carriage, the use and carriage of other fuels, black carbon (BC) emissions, and emissions of other air and climate pollutants for the year 2015, with projections to 2020 and 2025. Click to enlarge.

Oil 283

Oil Panama Emissions Fuel 283

Green Car Congress

OCTOBER 22, 2014

of China (COMAC) opened a demonstration facility that will turn waste cooking oil, commonly referred to as “gutter oil” in China, into sustainable aviation biofuel. billion liters) of biofuel could be made annually in China from used cooking oil. Boeing and Commercial Aircraft Corp.

Oil 239

Oil China Waste Commercial 239

Green Car Congress

JULY 16, 2017

OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. At the same time, Saudi Arabia’s export volumes have been hit by high local summer demand for crude oil and products. by Cyril Widdershoven for Oilprice.com.

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Oil Libya Nigeria Qatar 186

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 252

Oil-Sands Oil Available Commercial 252

Green Car Congress

FEBRUARY 14, 2014

increased its oil sands production 14% in 2013, from 89,736 barrels per day in 2013 to 102,500 bbls/day in 2013. The increase in production from the company’s oil sands operations in 2013 was largely driven by its Christina Lake project. Economic bitumen best estimate contingent resources increased 2% from 2012 to 9.8

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Oil-Sands 2013 Oil Transportation 252

Green Car Congress

DECEMBER 22, 2020

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

Gasoline 418

Gasoline Price 2019 2002 418

Green Car Congress

OCTOBER 25, 2012

In its interim report for January–September 2012, Neste Oil said that while the third-quarter performance of its Renewable Fuels business (NExBTL) improved by €38 million (US$49 million) from the corresponding period last year, the business still recorded a loss due to low margins, particularly during the first part of the quarter.

Oil 218

Oil Renewable Fuel Oil Prices 218

Green Car Congress

MARCH 17, 2012

The California Air Resources Board (ARB) staff has posted a preliminary draft version of the Oil Production Greenhouse Gas Emissions Estimator (OPGEE) for the 19 March 2012 Low Carbon Fuel Standard (LCFS) public workshop to discuss lifecycle assessment of crude oil production, including high carbon-intensity crude oil (HCICO).

Oil 285

Oil California Gas Emissions 285

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.

Oil 281

Oil Algeria United States Argentina 281

Green Car Congress

FEBRUARY 5, 2013

The record increase in US crude oil production during 2012 and the significant decline in coal use for domestic electricity generation were reflected in the movement of those two commodities by rail last year, according to the US Energy Information Administration (EIA). Change in number of railcar loads 2011-2012.

Coal 210

Coal Oil Production 2012 210

Green Car Congress

MARCH 10, 2016

The US EPA will begin developing regulations for methane emissions from existing oil and gas sources—e.g., oil and gas wells. The agency announced plans to cut methane emissions from new oil and gas wells last year. Earlier post.). EPA has already tacken actions to limit methane emissions.

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EPA Oil Gas Emissions 150

Green Car Congress

NOVEMBER 26, 2014

China’s apparent oil demand in October rose 2.9% Despite the year-over-year increase, China’s apparent oil demand in October slipped 2.5% Meanwhile, total apparent oil demand was 9.96 China’s oil product imports tumbled 22.2% China’s oil product imports tumbled 22.2% Fuel oil apparent demand in October slumped 31.4%

Oil 268

Oil China Stimulus Chinese 268