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. The price represents a premium of. billion cash.

Oil-Sands 325

Oil-Sands Oil Canada Gas 325

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

NOVEMBER 21, 2014

As November draws to a close, there are two major events that could profoundly change the oil markets. We’re very keen to try to get to a deal, but not a deal at any price,” UK Foreign Secretary Philip Hammond said on November 17. 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

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices.

Argentina 150

Argentina Oil Oil Prices 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.

North America 261

North America 2012 America Europe 261

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

JULY 17, 2012

Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. Source: Knittel and Smith (2012). t margin for oil refiners. We encourage similar skepticism about the estimated effect of ethanol on gasoline prices generated from these models.

Davis 334

Davis MIT Gasoline 2010 334

Green Car Congress

SEPTEMBER 2, 2015

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. as the drop in oil prices over the last year has put a strain on the nation’s finances.". James Crandell, a Cowen & Co. percent to $38.1 James Crandell, a Cowen & Co. percent to $38.1

Oil 150

Oil Saudi Arabia UAE 2015 150

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

APRIL 2, 2013

TransCanada Corporation will hold a binding open season to obtain firm commitments from interested parties for a pipeline to transport crude oil from Western Canada to Eastern Canadian markets. In 2012, Canada imported more than 600,000 barrels per day to supply its Eastern refineries.

Oil-Sands 210

Oil-Sands Oil Canada 2013 210

Green Car Congress

SEPTEMBER 16, 2011

2012 Sonic. The 2012 Chevrolet Sonic with the Ecotec 1.4L The Sonic’s highway fuel economy makes it one of the most fuel-efficient small cars in the market, with fuel economy equivalent to the 2012 Ford Fiesta SFE and on a par with the 2012 Hyundai Accent. Click to enlarge. turbo delivers an EPA-estimated 40 mpg US (5.9

MPG 262

MPG 2012 Fuel Economy Chevrolet 262

Green Car Congress

DECEMBER 4, 2013

For the first eleven months of 2013, natural gas consumption in the electric power sector was below 2012 levels because of relatively higher natural gas prices compared with coal prices, and cooler summer weather compared with 2012, according to the US Energy Information Administration (EIA).

Gas 230

Gas Industrial Industry Price 230

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150

Oil Standards Price Oil Prices 150

Green Car Congress

OCTOBER 15, 2012

has successfully extracted shale oil from the Onnagawa shale formation (at a depth of 1800m) of the Ayukawa Oil and Gas in Yurihonjo, Akita Prefecture. This marks Japan’s first successful extraction of shale oil in the country. kl was crude oil. Japan Petroleum Exploration Co. On 8 October, JAPEX recovered 100.6

Japan 207

Japan Oil Gas 2012 207

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. In 2012, 62.5% will be in the oil sands. Source: Lux Research. Click to enlarge.

Oil 225

Oil Oil-Sands Cost Of Oil Prices 225

Green Car Congress

FEBRUARY 15, 2013

Preliminary industry data reveals that year-end geothermal growth in 2012 was up 5% from the previous year, according to the Geothermal Energy Association ( GEA ). In 2012, seven new geothermal projects and additions came online in three different states. Projects and new additions that came online in 2012 include: John L.

2012 303

2012 California Energy Hawaii 303

Green Car Congress

APRIL 26, 2012

US gasoline demand this summer is expected to be the lowest in 11 years, while the average summer fuel price is forecast to be at a record level, according to the US Energy Information Administration (EIA). million bbl/d, according to EIA’s 10 April 2012 Short-Term Energy Outlook (STEO).

Gasoline 247

Gasoline Price 2001 Oil Prices 247

Green Car Congress

AUGUST 9, 2016

France-based Total is the first oil supermajor aggressively to enter new areas of business including solar plus storage and distributed generation, notes Lux Research in a new report : “Superpower Darwinism: What Big Oil Can and Cannot Do About Total’s Billion-Dollar Battery Move.”.

Oil 150

Oil Solar Energy Storage Asia 150

Green Car Congress

AUGUST 9, 2016

Natural gas spot prices shot up following the data release on August 4, although they fell back again shortly after. Natural gas consumption patterns are much more seasonal than for oil. Bcf/d higher than the previous high reached in July 2012. Natural gas prices have traded below $3 per million Btu since the beginning of 2015.

Gas 150

Gas Price Gas-Electric Oil 150

Green Car Congress

JUNE 20, 2012

However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. —Bartis 2012. Earlier post.).

Price 225

Price Oil-Sands Turkey Fuel 225

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). The WEO finds that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. — WEO-2012.

Global 225

Global 2012 Energy Oil 225

Green Car Congress

FEBRUARY 14, 2013

According to an analysis by the US Energy Information Administration (EIA), planned additions over the next two years to the US crude oil pipeline infrastructure should relieve the bottleneck at Cushing, Oklahoma which has been caused by the oversupply of oil resulting from the growth of crude oil production in the US mid-continent and Canada.

Oil 220

Oil Illinois Texas Canada 220

Green Car Congress

DECEMBER 28, 2011

Microturbine company Capstone Turbine’s ( earlier post ) sales to the oil and gas industry worldwide are at a record pace, according to Jim Crouse, Capstone’s Executive Vice President of Sales and Marketing. The microturbines will be installed in early 2012 and used in prime power and combined heat and power (CHP) applications.

Oil 218

Oil Gas Industrial Industry 218

Green Car Congress

JANUARY 28, 2013

CCS infrastructure for six key CO 2 emission prices. The width of the pipeline network (green lines) is proportional to CO 2 flow; the largest CO 2 flow is approximately 36 MtCO 2 / yr for the $155/tCO 2 scenario (pipeline leaving the Athabasca oil sands area). Sources are red and sinks are blue. Costs are in $US 2011. 15 years alone.

Oil-Sands 225

Oil-Sands Oil Emissions Tax 225

Green Car Congress

MAY 13, 2014

Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. Under the Energy Saving and New Energy Vehicle Plan for 2012 to 2020 released in 2012, average passenger car fuel economy is targeted to increase to 34 miles per gallon (6.9 Source: EIA.

Alternative Fuels 218

Alternative Fuels Oil China Fuel 218

Green Car Congress

JUNE 13, 2012

Oil remains the world’s leading fuel, but its 33.1% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. The fossil fuel mix continues to change with oil, the world’s leading fuel at 33.1%

Coal 261

Coal Oil Renewable Saudi Arabia 261

Green Car Congress

JANUARY 16, 2012

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012.

El Paso 225

El Paso 2011 Oil Gas 225

Green Car Congress

JULY 10, 2013

The increase in US crude oil production has outstripped pipeline capacity, resulting in increasing reliance on railroads to move crude oil to refineries and storage centers. US weekly carloadings of crude oil and petroleum products averaged nearly 13,700 rail tankers during the January-June 2013 period.

Oil 199

Oil North Dakota Production 2013 199

Green Car Congress

NOVEMBER 3, 2012

Heating oil is a type of distillate fuel used mostly in the Northeastern US for space heating during the winter months. Starting this summer (2012), the state of New York began requiring that all heating oil used in the state contain less than 15 ppm sulfur—the same requirement as on-road ultra-low sulfur diesel (ULSD).

New Jersey 231

New Jersey New York Pennsylvania Oil 231

Green Car Congress

NOVEMBER 22, 2012

Commonwealth countries can cut their cumulative oil bill by £2 trillion (US$3.2 Given that about half the Commonwealth’s and world’s oil is used in transport and oil accounts for about 95% of transport fuel use, this could spell economic disaster for the oil importing countries which make up the vast majority of the Commonwealth.

Fuel Economy 246

Fuel Economy Economy Oil Trinidad 246

Green Car Congress

FEBRUARY 18, 2012

in January 2012 compared with January 2011 to just over 18 million barrels per day, according to figures from the American Petroleum Institute (API). Imports of crude oil and refined products fell in January by 14% to average 10.1 Crude oil production rose 3.8% Crude oil stocks were down 3.2% billion barrels per day.

Oil 210

Oil North Dakota 2011 Gasoline 210

Green Car Congress

FEBRUARY 1, 2012

Finland-based UPM, one of the world’s leading forest products groups, will build a hydrotreatment biorefinery producing biofuels from crude tall oil in Lappeenranta, Finland. Crude tall oil is a residue of chemical pulp production, mainly generated in the production of sulphate cellulose from softwood. Earlier post.). Earlier post.)

Oil 210

Oil Building Finland Grant 210

Green Car Congress

JANUARY 26, 2012

Lease Sale 216/222 is the last remaining sale scheduled in the 2007 – 2012 Outer Continental Shelf Oil and Natural Gas Leasing Program. The Proposed 2012-2017 Outer Continental Shelf (OCS) Oil and Gas Leasing Program schedules 12 lease sales in the Gulf of Mexico.

Mexico 186

Mexico Oil Available Gas 186

Green Car Congress

JANUARY 23, 2012

Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1 Over the next 10 years, continued development of tight oil (e.g., Over the next 10 years, continued development of tight oil (e.g.,

Oil 210

Oil 2005 Production 2010 210

Green Car Congress

APRIL 27, 2011

have agreed to form a 50/50 joint venture to design and construct a crude oil pipeline from Cushing, Oklahoma to Houston, Texas. These supplies are accumulating in Cushing, which lacks southbound pipeline capacity to the largest US crude oil market on the Gulf Coast with more than two million barrels per day of refining capacity.

Houston 199

Houston Oil Oil-Sands Energy 199

Green Car Congress

FEBRUARY 17, 2012

Although many feedstocks, technologies, and conversion pathways are currently sharing the same tent, the current decade is shaping up to be one of shakeouts, as early bets on cellulosic technologies reach commercial production and significant investments from oil majors and multinationals. continue to pour into the industry. industry.

Global 253

Global Market 2012 Financing 253