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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

Green Car Congress

Chevron Corporation announced a $32.7 Included in the 2012 program are $3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 First production is expected in 2016. Spending of $28.5

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Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

Green Car Congress

This analysis builds on a previous comprehensive life cycle analysis, updating that study’s 2016 assumptions and methods. The study provides a comprehensive analysis of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways; the levelized cost of driving (LCD); and the cost of avoided GHG emissions.

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Disneyland faces pressure to electrify its stinky ‘Autopia’ ride, and quick

Baua Electric

Photo by Jeremy Thompson on Flickr Disney’s Autopia ride has been making headlines recently, after a park spokesperson told the LA Times that the park is “evaluating technology that will enable us to convert from gas engines in the next few years.” Until 2016, Autopia vehicles were noisy, polluting two-stroke engines.

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GlobalData: best performing wells in Permian break-even at as low as US$22 per barrel

Green Car Congress

Well lateral lengths in the Permian have increased in average by more than 1,500 feet (ft) since 2016 to approximately 7,500 ft by the end of 2017, says GlobalData, a leading data and analytics company. —Svetlana Doh, Oil & Gas Analyst at GlobalData.

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Disneyland announces Autopia will be all-electric within the next 30 months (Updated)

Baua Electric

Photo by Jeremy Thompson on Flickr Disney’s Autopia ride has been making headlines recently, after a park spokesperson told the LA Times that the park was considering ditching gas engines soon. But the ride was sponsored by Chevron from 1998-2012, and that company is pretty dedicated to poisoning small children anyway, so it was apt.

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Prices for light oil are set at $67 per barrel and natural gas prices fixed at $7.50 According to the EIA , Argentina has over 800 trillion cubic feet of unproved technically recoverable shale gas reserves (more than the 622 tcf located in the US) and 27 billion barrels of shale oil, which is less than only the US, Russia, and China.

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Gevo joins SFO consortium to advance sustainable aviation fuel (SAF)

Green Car Congress

The four airlines—United Airlines, Alaska Airlines, American Airlines, and Cathay Pacific—represent nearly 70% of all flights at SFO, while the four fuel producers include SFO’s two primary suppliers, Chevron Corporation and Shell Oil Company along with Neste and LanzaTech, Inc. Patrick Gruber, CEO of Gevo.

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