Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

Oil 150

Oil 2016 Oil-Sands Global 150

CleanTechnica EVs

DECEMBER 27, 2023

The year is 2016. continued] The post In 2016, Bloomberg Made A Wild Prediction Regarding EVs For 2023. The Tesla Model 3 is still firmly in production hell and won’t be able to ramp. We’re Here To Check On It. appeared first on CleanTechnica.

2016 130

2016 Tesla Production Oil 130

Green Car Congress

OCTOBER 31, 2021

JGC Holdings Corporation and Cosmo Oil Company will use Honeywell Ecofining technology ( earlier post ) for the first commercial-scale sustainable aviation fuel project in Japan. The project will convert used cooking oil locally collected in Japan into renewable jet fuel meeting ASTM D7566 standards with start-up scheduled in 2025.

Japan 170

Japan Oil Commercial Renewable 170

Green Car Congress

MAY 30, 2018

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. for a 10-day lag.

Oil Prices 220

Oil Prices Gasoline Oil Price 220

Green Car Congress

FEBRUARY 21, 2019

Eni and RenOils, the Italian national vegetable and animal oils and fats Consortium established in 2016 to ensure the correct management of the collection, transport, storage, processing and reuse of vegetable oils and animal fats, are promoting the recovery of used cooking oils (UCO) for biofuel production.

Oil 247

Oil Waste Italy Production 247

Green Car Congress

OCTOBER 8, 2016

The Argonne National Laboratory’s Systems Assessment Group announced 2016 release of the suite of GREET (Greenhouse gases, Regulated Emissions, and Energy use in Transportation Model) models and associated documentation. Updated vented, fugitive, and flaring greenhouse gas emissions from crude oil production. Updated U.S. Updated U.S.

2016 218

2016 Gas-Electric Fuel Economy Emissions 218

Green Car Congress

JANUARY 23, 2019

That figure is also up sharply from the 5,271 from the same month in 2016, a 60 percent increase. The latest crash in oil prices once again raises this prospect. oil production aloft at a time when low prices are starting to curtail drilling activity. The calculus on completing wells can cut two ways. production levels.

Oil 236

Oil Oil Prices 2019 Price 236

Green Car Congress

MAY 22, 2019

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ million of them—roughly 30% more units than conventional electric vehicle makers did.

Oil Prices 330

Oil Prices Gasoline-Electric Gasoline Oil 330

Green Car Congress

APRIL 27, 2017

Crude oil production in the US Permian Basin is expected to increase to an estimated 2.4 Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as domestic crude oil prices fell. million b/d) in that month. million b/d) in that month.

Oil 170

Oil Production New Mexico Oil Prices 170

Green Car Congress

FEBRUARY 6, 2023

ConocoPhillips estimates that the Willow Project will produce 180,000 barrels of oil per day at its peak and deliver $8 billion to $17 billion in new revenue for the federal government, the state of Alaska and North Slope Borough communities. The BLM has identified a preferred alternative in the final SEIS.

Alaska 417

Alaska Oil 2018 2016 417

Green Car Congress

FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. Liquids represented 57% of the reserves, up from 53% in 2016. During 2017, proved additions at Upper Zakum in Abu Dhabi totaled more than 800 million barrels of crude oil.

2017 186

2017 Papua New Guinea Oil Guyana 186

Electrek

MAY 10, 2023

The US oil and gas sector was responsible for $77 billion in total health impacts in 2016, according to a newly released study. more… The post The annual US health cost of oil and gas production is $77B – here’s how we fix that appeared first on Electrek.

Cost Of 83

Cost Of Oil Gas Production 83

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

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

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

JULY 22, 2017

Like many industries today, the oil industry is trying to sell its many job opportunities to the fastest growing portion of the global workforce: Millennials. But unlike any other industry, oil and gas is facing more challenges in persuading the environmentally-conscious Millennials that oil is “cool”. labor force. labor force.

Oil 220

Oil Gas Industrial Industry 220

Green Car Congress

APRIL 6, 2017

On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. In 2016, only 3.7 billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016.

Russia 150

Russia Oil 2016 Oil Prices 150

Green Car Congress

OCTOBER 29, 2014

The City of Indianapolis will upgrade 425 non-police-pursuit sedans in its muncipal fleet to plug-in hybrid and battery electric vehicles by early 2016, cut the size of the fleet by 100 vehicles, and save $8.7 The City will replace 100 vehicles by the end of this year and 425 vehicles by the beginning of 2016. million over ten years.

Indianapolis 287

Indianapolis 2016 Fleet PHEV 287

Green Car Congress

OCTOBER 8, 2016

Caelus Energy Alaska, LLC, a privately held independent exploration and production company, announced that its subsidiary, Caelus Energy Alaska Smith Bay LLC, has made a significant light oil discovery on its Smith Bay state leases on the North Slope of Alaska. This discovery could be really exciting for the State of Alaska.

Alaska 255

Alaska Oil Tax Credit Light 255

Green Car Congress

MARCH 6, 2018

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017.

Brazil 218

Brazil Norway Oil Canada 218

Green Car Congress

JULY 16, 2023

The new lifecycle sustainability approach will be included as standard across the full AeroShell product range, including turbine engine oils (TEOs), piston engine oils (PEOs), greases and fluids, for both the commercial airline and general aviation markets.

Carbon 284

Carbon Oil Emissions Renewable 284

Green Car Congress

OCTOBER 18, 2017

AB 1328 gives California water agencies access to information on potentially hazardous chemicals used in oil and gas operations. AB 1197 will ensure their spill management teams are adequately trained and prepared in the event of an oil spill. These other operations account for the majority of all oil and gas production in California.

Water 186

Water Oil California Gas 186

Green Car Congress

AUGUST 14, 2019

In 2017, emissions from GHG emitting activities statewide were 424 million metric tons of CO 2 equivalent (MMTCO 2 e), 5 MMTCO 2 e lower than 2016 levels and 7 MMTCO 2 e below the 2020 GHG Limit of 431 MMTCO 2 e. Compared to 2016, California’s GDP grew 3.6% It does not include emissions from petroleum refineries and oil production.

2017 230

2017 2016 Transportation Emissions 230

Green Car Congress

DECEMBER 10, 2015

With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. A stripper is a small operator of very old oil wells that frequently produce less than five barrels per day of oil.

Oil Prices 150

Oil Prices Oil Price 2002 150

Green Car Congress

JUNE 24, 2014

Neste Oil and Renewable Algae Energy (RAE), a US-based algae biomass producer, have signed a contingent commercial algae oil off-take agreement. Algae oil is one of the alternatives being researched by Neste Oil for use as a feedstock for producing NEXBTL renewable diesel in the future.

Oil 210

Oil Renewable Diesel Australia 210

Green Car Congress

JANUARY 10, 2018

In its latest edition of the Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that US crude oil production will average 10.3 EIA also forecasts that 2019 crude oil production will rise further to an average of 10.8 US crude oil production averaged an estimated 9.3 million b/d set in 1970.

2018 207

2018 2019 Oil Production 207

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

AUGUST 25, 2017

Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

Oil Prices 170

Oil Prices Oil Industrial Industry 170

Green Car Congress

OCTOBER 26, 2017

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014, but it’s making a return now that cracks have emerged in some key oil-producing nations. bank Citi said.

Oil Prices 170

Oil Prices Oil Libya Iraq 170

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. Crude palm oil’s role in Neste’s raw material portfolio has become less significant in recent years.

Oil 150

Oil Renewable Diesel 2016 150

Green Car Congress

JULY 27, 2017

Transporting oil by pipelines is more than twice as safe as using rail, and marine tankers are safer still with a markedly improved safety record over the past 40 years, according to a new study released by the Fraser Institute, a Canadian policy think-tank. accidents per million barrels of oil shipped by rail over the same period.

Oil 150

Oil Transportation Mariner 2004 150

Green Car Congress

JANUARY 7, 2018

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. Wood Mackenzie currently expects around 350,000-400,000 b/d of oil production (just oil, not factoring in natural gas) by 2026 from there.

Guyana 150

Guyana Oil South America Suriname 150

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

NOVEMBER 7, 2019

US shale production—the chief source of rapid growth that made the United States the world’s largest oil producer—is slowing down fast, says a new report by IHS Markit. It all represents the strongest headwinds for shale producers since the oil price collapse in 2015. —Raoul LeBlanc. —Raoul LeBlanc.

Oil 170

Oil Price Oil Prices Production 170

Green Car Congress

FEBRUARY 3, 2015

Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored. Statoil, the semi-state-owned oil company from Norway, has been an offshore leader and Arctic pioneer.

Oil 150

Oil Alaska Oil Prices 2015 150

Green Car Congress

JULY 12, 2018

The California Air Resources Board (CARB) announced that greenhouse gas emissions in California in 2016 fell below 1990 levels for the first time since emissions peaked in 2004—a reduction roughly equivalent to taking 12 million cars off the road or saving 6 billion gallons of gasoline a year.

2004 225

2004 2016 Emissions California 225

Green Car Congress

JUNE 24, 2015

The point is, with volumes languishing (and probably poised to decline) tied to a flat oil futures price curve and with economics marginal at $60 per barrel, many E&P operators find themselves running through hedges in 2015 and still in need to finance their already reduced capital spending.

Oil 150

Oil Industrial Industry Oil Prices 150