This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Despite volatility in global oil markets, US crude oil exports reached a record high in 2020, according to the US Energy Information Administration (EIA). As of 9 July 2021, US crude oil exports have averaged 3.00 The most recent four-week rolling average of US crude oil exports reached 3.51 million barrels per day (b/d).
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. Cenovus Energy Inc. Total proved reserves reached almost 2.3
The newly released 2013 edition of the IEA World Energy Outlook (WEO) depicts a world in which some long-held tenets of the energy sector are being rewritten; importers are becoming exporters, while exporters are among the major sources of growing demand. —WEO-2013. Oil use grows, but in a narrowing set of markets.
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.
Researchers at the University of Calgary are developing ultra-dispersed (UD) nanocatalysts for the in situ upgrading of heavy oil and bitumen from deep reservoirs. One of the challenges of such an approach is the placement of the catalyst deep into the heavy oil plume by transporting a catalyst suspension through the sand medium.
bp has agreed to sell its 50% interest in the Sunrise oil sands project in Alberta, Canada, to Calgary-based Cenovus Energy, the other owner of the Sunrise project. In Canada, bp will no longer have interests in oil sands production and will shift its focus to future potential offshore growth. 650 water depth.
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.
The United States Geological Survey (USGS) released an updated oil and gas resource assessment for the Bakken Formation and a new assessment for the Three Forks Formation in North Dakota, South Dakota and Montana, resulting in a two-fold increase in the estimated technically recoverable oil, and a three-fold increase in estimated natural gas.
Ford Motor Company is recalling 139,917 model year 2013 Escape vehicles manufactured 5 October 2011 through 2 June 2013 and equipped with 1.6L EcoBoost engines.
in Israel report the development of a comercially-viable, one-step catalytic hydrotreating process for the conversion of soybean oil to renewable diesel-type fuel in a paper in the journal Fuel. The conversion of soybean oil to green diesel was carried out on Pt/SAPO-11-Al 2 O 3 catalyst in a trickle-bed reactor. 2013.04.044.
Neste Oil recently produced its first batch of transportation fuel from recycled lubricants. Following treatment, spent lubricating oil can be reused as a feedstock for producing gasoline and diesel fuel. —Lars Peter Lindfors, Neste Oil’s Senior Vice President, Technology.
In 2013, reported emissions from large industrial facilities were 20 million metric tons higher than the prior year, or 0.6%, driven largely by an increase in coal use for power generation. EPA said it expects to see further methane emission reductions as the agency’s 2012 standards for the oil and gas industry become fully implemented.
The US Environmental Protection Agency (EPA) announced the winners of the 2013 Presidential Green Chemistry Challenge Awards. for developing a vegetable oil-based transformer fluid that is much less flammable, less toxic, provides superior performance compared to mineral oil-based fluids and has a lower carbon footprint.
With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30 percent since summer highs, raising fears among producers across the globe. Yet, many oil majors are relatively diversified, with large holdings downstream.
Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. China and India.
Payoff money to an oil company that actually pays for some of the damage the oil’s company’s products caused every time they are burned. And you’ve got to love Ted Lieu’s strong and no holds barred statements in support of Al’s bill and against oil drilling in Hermosa Beach and he made a point of saying,
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.
North Dakota crude oil production (including lease condensate) averaged an all-time high of 770,000 barrels per day in December 2012, according to the US Energy Information Administration (EIA). Much of crude oil production in North Dakota is gathered and transported by truck to railcars leaving the state. Source: EIA.
Global CO 2 emissions from fossil fuel use and cement production reached a new all-time high in 2013, according to the annual report “Trends in global CO2 emissions”, released by PBL Netherlands Environmental Assessment Agency and the European Joint Research Centre (JRC). in 2013, whereas in the EU emissions continued to decrease, by 1.4%
This third generation Golf BlueMotion will be launched into the market in summer 2013. This Golf concept, powered by another new 1.6-liter liter TDI (turbodiesel) consumes 3.2 l/100 km (73.5 mpg US), equivalent to 85 gCO 2 /km. The 81 kW / 108 hp Golf BlueMotion is a five-seater that is capable of 202 km/h (125 mph). l/100 km (52.3
The Greenbrier Companies will design a new generation “Tank Car of the Future” for rail transport of hazardous freight, including flammable crude oil and ethanol, that can better withstand the additional demands associated with operating unit trains. Greenbrier no longer produces the legacy DOT-111 tank car for use in flammable service.
Bio-oil-graded upgrading route based on molecular distillation and catalytic cracking. A team at Zhejiang University, China, has developed a novel cracking technology for the upgrading of bio-oil, produced by the fast pyrolysis of biomass, to biogasoline. Credit: ACS, Wang et al. Click to enlarge. Earlier post.).
Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 While domestic crude oil production is projected to level off and then slowly decline after 2020 in the Reference case, natural gas production grows steadily, with a 56% increase between 2012 and 2040, when production reaches 37.6
The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.
Investment into emerging oil and gas E&P (exploration and production) technologies, which were nearly non-existent in 2003, at just $57 million, have attracted nearly $7 billion in private investment from 497 unique transactions, according to a new report from Lux Research, “ Investing in Next Generation Oil and Gas Technologies ”.
Volvo Trucks’ 2014 heavy-duty engines are providing greater fuel efficiency than anticipated, delivering up to a 3% fuel efficiency improvement compared with their 2013 counterparts, according to the company. In 2013, about 87 percent of all Volvo trucks invoiced in the US and Canada were specified with a Volvo engine.
an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. Canada-based CO 2 Solutions Inc., CO 2 Solutions’ technology platform uses carbonic anhydrase to accelerate the capture of CO 2 with energy-efficient solvents.
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 (US$12.8
After re-labeling the 2013 C-MAX Hybrid with lower fuel economy, Ford is upgrading the 2014 C-MAX to increase fuel economy. Ford has opted voluntarily to relabel the 2013 C-MAX Hybrid with revised fuel economy labels following EPA testing of the 2013 C-Max Hybrid. Original 2013 C-MAX mpg label. New 2013 C-MAX mpg label.
The Jurassic-period Norphlet play is characterized by high pressures and well temperatures, where good quality oil can be found in high quality sandstone reservoirs. It was drilled to a total depth of 26,371 feet (8,038 meters) and encountered more than 400 feet (122 meters) of net oil pay. Norphlet play. Click to enlarge.
Total US imports of biomass-based diesel fuel—biodiesel and renewable diesel—reached 525 million gallons in 2013, compared to 61 million gallons in 2012, according to the US Energy Information Administration (EIA). billion gallons in 2013. per gallon biodiesel blending tax credit, which expired on 31 December 2013.
Neste Oil Singapore Pte Ltd and National Oxygen Pte Ltd (NOX), one of the one of the largest industrial gas manufacturers in Singapore, have signed an agreement to install a carbon dioxide recovery and liquefaction plant at Neste Oil’s renewable diesel (NExBTL) refinery in Singapore.
For the study, the biodiesel (Fatty Acid Methyl Ester) consisted of a mixture of 80% palm-based methyl ester (PME) and 20% biodiesel derived from waste cooking oil—a typical blending ratio of commercial biodiesel in Korea. liter diesel engine and passenger car. Click to enlarge. No is the corresponding author of the current study.)
Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. Increased pressure is created as the belt passes over rollers which decrease in diameter.
Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The first volume of the report, the World Oil Review, is devoted to oil reserves, supply, demand, trade and prices with a special focus on crude oil quality and on refining industry.
Launch of the “Type 1 EV” is targeted at year-end 2013/2014. The Chinese can increasingly afford cars; however, the global oil supply would not suffice if they all buy petroleum-fueled vehicles. Chinese customers demand a premium electric vehicle, which we will be able to offer by acquiring Saab Automobile in Trollhättan.
Since forming in 2013, Argent Materials, a San Francisco Bay Area recycler of concrete and asphalt, and supplier of aggregate such as crushed rock, entry, cutback, sand, backfill and base rock for construction projects, has diverted more than a billion pounds of waste from local landfills. —Bill Crotinger.
Guijun Deng, James Doane, Antonio Ruffo, Goang-Ding Shyu, Scott Collins (2013) “ Design Verification, Optimization and Validation of Ultra-HPHT Completion and Production Tools ” SPE 166231. HPHT issues are not new; Schlumberger’s quarterly publication Oilfield Review examined HPHT issues in 1998 and again in 2008.
bp has acquired a 30% stake in Green Biofuels Ltd (GBF), the UK’s largest provider of hydrogenated vegetable oil (HVO). GBF’s products are made from renewable feedstocks such as vegetable oils, animal oils and fat. It is fully compatible with gas oil and significantly cleaner than EN590 (automotive diesel fuel).
In September 2013, China’s net imports of petroleum and other liquids exceeded those of the United States on a monthly basis, making it the largest net importer of crude oil and other liquids in the world, according to figures from the US Energy Information Administration (EIA). million barrels per day, primarily from tight oil plays.
A new study from WCS (Wildlife Conservation Society) and WWF finds that nearly 20% of tropical Intact Forest Landscapes (IFLs) overlap with concessions for extractive industries such as mining, oil and gas. According to 2013 estimates, 549 million acres of intact tropical forests remain. Grantham et al.
The Diamond Green Diesel facility converts inedible oils and other waste fats into a high-quality renewable diesel fuel. The Diamond Green Diesel facility converts inedible oils and other waste feedstocks into Honeywell Green Diesel, a high-quality fuel that is chemically identical to petroleum-based diesel. Ecofining unit.
US production of biodiesel reached a high of 132 million gallons (500 million liters) in October 2013, according to the latest figures from the US Energy Information Administration (EIA). Biodiesel production during October 2013 was about 5 million gallons higher than production in September 2013. Click to enlarge.
During 2014, a further 6 wells will be connected to the platform (4 production wells and 2 injectors) using the new Riser Support Buoy (RSB) (or Buoyancy Supported Riser, BSR) system, ramping up FPSO Cidade de Paraty to full production capacity of 120,000 barrels of oil per day (bpd) in the third quarter of 2014.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content