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 2013.

2013 236

2013 2012 Oil Iran 236

Green Car Congress

JUNE 19, 2012

Japan’s Ministry of Economy, Trade and Industry (METI) will begin test drilling for oil and natural gas in the Sea of Japan off the coast of Niigata Prefecture in April 2013. METI hopes to discover Japan’s largest reserves of these resources—possibly the size of intermediate oil fields in the Middle East, according to METI.

Japan 239

Japan Oil 2013 South Korea 239

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 MMBtu in 2013.

Oil 199

Oil West Virginia Mexico North Dakota 199

Green Car Congress

JUNE 18, 2014

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.

Oil 239

Oil Transportation Fuel Waste 239

Green Car Congress

JUNE 12, 2014

However, the new forecast represents a slowing of future oil sands production growth compared to the predictions of last year’s forecast. According to CAPP’s 2014 Crude Oil Forecast, Markets and Transportation , total Canadian crude oil production will increase to 6.4 million barrels per day in 2013. In 2013, 1.9

Oil-Sands 199

Oil-Sands Oil Production 2013 199

Green Car Congress

MAY 2, 2013

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.

Oil 257

Oil North Dakota Gas South Dakota 257

Green Car Congress

MARCH 25, 2013

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.

Oil-Sands 358

Oil-Sands Oil Production Hydrogen 358

Green Car Congress

OCTOBER 1, 2014

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.

2013 268

2013 EPA 2011 Emissions 268

Green Car Congress

NOVEMBER 15, 2014

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.

Oil 257

Oil Iraq Oil-Sands Supplies 257

Green Car Congress

JULY 19, 2021

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.

Industrial 284

Industrial Industry South America Egypt 284

Green Car Congress

NOVEMBER 14, 2014

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.

Oil Prices 268

Oil Prices Oil Price Chevron 268

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.

Oil 281

Oil Algeria United States Argentina 281

Green Car Congress

MARCH 2, 2018

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.

Oil 244

Oil Emissions Malaysia Indonesia 244

Green Car Congress

NOVEMBER 26, 2013

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.

Escape 296

Escape 2013 Ford Engine 296

Green Car Congress

APRIL 15, 2017

shale has thrown in another unknown in the mix of factors driving the price of oil. This year, shale output forecasts combine with OPEC’s production cuts, geopolitical factors, and unexpected outages to further complicate supply/demand and oil price forecasts by Wall Street’s major investment banks. In recent years, U.S. shale output.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

AUGUST 1, 2013

US biodiesel production in May 2013 reached a record level of 111 million gallons, according to data released by the US Energy Information Administration (EIA). Production for the first five months of 2013 was 449 million gallons, an increase of 17 million gallons from the same period in 2012. billion gallons per year. Source: EIA.

2013 207

2013 Production Tax Credit Oil 207

Green Car Congress

MAY 18, 2017

shale in particular—is effectively capping the oil price gains from that agreement. Four months after the OPEC/NOPEC deal took effect, oil prices dropped to the levels preceding the agreement, amid concerns over still stubbornly high inventories and rising U.S. oil production,” the consultancy noted.

Oil Prices 170

Oil Prices Oil 2017 Price 170

Green Car Congress

DECEMBER 11, 2013

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.

EPA 271

EPA 2013 Green Delaware 271

Green Car Congress

MARCH 31, 2014

Five states (Texas, North Dakota, California, Alaska, and Oklahoma) and the Gulf of Mexico supplied more than 80%, or 6 million barrels per day, of the crude oil (including lease condensate) produced in the United States in 2013, according to the US Energy Information Administration (EIA). Click to enlarge. million barrels per day.

North Dakota 220

North Dakota Mexico Oil Oklahoma 220

Green Car Congress

MARCH 3, 2017

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. by Nick Cunningham of Oilprice.com.

Oil 150

Oil 2011 Oil Prices Chevron 150

Green Car Congress

DECEMBER 18, 2014

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%

2013 240

2013 Emissions Global CO2 240

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. The Energy East Pipeline could eliminate Canada’s reliance on higher priced crude oil currently being imported, TransCanada suggests.

Oil-Sands 210

Oil-Sands Oil Canada 2013 210

Green Car Congress

AUGUST 1, 2013

Neste Oil has added technical corn oil (TCO), a residue generated during ethanol production, to the range of inputs it uses to produce NExBTL renewable diesel. This nonfood input further extends the number of waste and residue-based feedstocks used by Neste Oil. Supplies of this input are currently sourced from the US.

Oil 199

Oil Renewable Diesel Waste 199

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

NOVEMBER 16, 2016

The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 This estimate is for continuous (unconventional) oil, and consists of undiscovered, technically recoverable resources.

Oil 150

Oil Texas United States Delaware 150

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.

Oil 186

Oil Libya Nigeria Qatar 186

Green Car Congress

APRIL 5, 2017

Neste has published updated information about all its crude palm oil suppliers on the company’s website. all companies, mills, and estates that supplied Neste with crude palm oil in 2016. All the crude palm oil the company has used has been fully traceable to the oil palm plantation level since 2007, and 100% certified since 2013.

Oil 150

Oil Renewable Diesel 2016 150

Green Car Congress

SEPTEMBER 25, 2013

a renewable oil and bioproducts company, and Unilever have executed a commercial supply agreement for the first partnered Solazyme Tailored Algal Oil. The agreement covers the first of Solazyme and Unilever’s jointly developed tailored oils with an initial supply of at least 10,000 metric tons (MT). Solazyme, Inc.,

Oil 210

Oil Supplies Commercial Brazil 210

Green Car Congress

SEPTEMBER 19, 2013

Brazilian oil and gas major Petrobras will invest R$4 billion (US$1.8 billion) in 2013 and R$21.2 billion) between 2013-2017 in Information Technology and Telecommunications, according to Petrobras president Maria das Graças Silva Foster in testimony at a public hearing at Brazil’s Senate. billion (US$9.7

2013 210

2013 2017 Washington Store 210

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

MARCH 24, 2017

The California Air Resources Board approved a new regulation aimed at methane leaks from oil and gas operations. The new regulation is expected to reduce methane leaks from oil and gas operations in California by the equivalent of 1.4 The new rule is the most comprehensive of its kind in the country.

Oil 150

Oil Gas Pollution Climate 150

Green Car Congress

SEPTEMBER 14, 2012

The US Environmental Protection Agency (EPA) has set the amount of biomass-based diesel products required to be included in diesel fuel markets in 2013 at 1.28 Bio-based diesel products are advanced biofuels that are derived from biomass sources that include vegetable oils and wastes oils from renewable sources. billion gallons.

EPA 218

EPA 2013 Diesel 2007 218

Green Car Congress

JULY 27, 2018

BP has agreed to acquire a portfolio of world-class unconventional oil and gas assets from BHP. The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana. billion boe.

Oil 150

Oil Gas Alaska Delaware 150

Green Car Congress

MAY 24, 2014

Rosneft and BP Exploration Operating Company Limited signed a Heads of Agreement on Domanik tight oil formations. In a talk at Imperial College London in October 2013, Dr. Michael C. The joint venture company (Rosneft 51%, BP 49%) will be incorporated in Russia. The Domanik region in Russia. Source: USGS. Click to enlarge.

Oil 210

Oil Russia 2013 London 210

Green Car Congress

AUGUST 8, 2013

ConocoPhillips has entered into an agreement to sell its 100% interest in the Clyden oilsands leasehold to Imperial Oil and ExxonMobil Canada for approximately $720 million (C$751 million) before customary adjustments. Through 30 June 2013, the company has received $3.8 Through 30 June 2013, the company has received $3.8

Canada 207

Canada Oil Oil-Sands 2013 207

Green Car Congress

NOVEMBER 28, 2012

The Board of Directors of Canada-based Athabasca Oil Corporation has given the go-ahead to the company’s $536-million Hangingstone 1 SAGD (steam-assisted gravity drainage) Project; the company also reaffirmed that its Light Oil Division is on track to meet its year-end production target of 10,000 to 11,000 barrels of oil.

Oil-Sands 199

Oil-Sands Oil Corporation Light 199

Green Car Congress

MARCH 21, 2014

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.

Mexico 268

Mexico Oil Sale Gas 268