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CompactGTL announces 3,000 bpd commercial small-scale GTL project in Kazakhstan

Green Car Congress

CompactGTL will build a commercially deployed small-scale gas-to-liquids (GTL) plant in Kazakhstan. Up to 820,000 cubic meteres of associated gas that might otherwise be wasted will be fed through the plant every day to produce approximately 3,000 bpd of synthetic diesel.

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

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By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 Another 11% is associated with the company’s downstream businesses that manufacture, transport and sell gasoline, diesel fuel and other refined products, fuel and lubricant additives, and petrochemicals. million barrels per day.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Increased use of alternatives to oil-based transport fuels (gasoline, diesel and LPG) also help to temper oil-demand growth, though to a much smaller degree than efficiency gains in vehicles with internal combustion engines. The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada.

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