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bp sells its Sunrise oil sands interest to Cenovus, picks up interest in Bay du Nord project

Green Car Congress

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. 650 water depth.

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California adds more regulation for oil and gas industry; water quality and spill response

Green Car Congress

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.

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Oil sands production accounted for 28.8% of total Canadian gas demand in 2016

Green Car Congress

Alberta’s oil sands operations accounted for 28.8% of Canadian natural gas demand in 2016, up from 11.8% From 2005 to 2016, natural gas purchased by oil sands projects more than tripled, from 0.73 Bcf/d in 2016. Additionally, natural gas is used in oil sands mining to heat water to separate bitumen from sand.

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Eni and RenOils to boost collection of used cooking oil for biofuel production

Green Car Congress

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.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

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.

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Maersk Drilling awarded contract extension to drill world record well in Angola; 2.25-mile water depth

Green Car Congress

The Ondjaba-1 well will be drilled at a new world record water depth of 3,628 m (2.25 The current world record is 3,400 m, set by Maersk Voyager’s sister drillship Maersk Venturer when it drilled the Raya-1 well for TotalEnergies offshore Uruguay in 2016.

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