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. ExxonMobil’s reserves life at current production rates is 14 years. billion gross oil-equivalent barrels prior to the 2018 Ranger discovery. Resource Base.

2017 186

2017 Papua New Guinea Oil Guyana 186

Green Car Congress

AUGUST 3, 2020

Anelise Lara, the head of Petrobras’ refining, announced that the company is ready to begin production of renewable diesel from soy or other edible oils at commercial scale. Petrobras recently successfully concluded tests on an industrial scale for the production of renewable diesel.

Renewable 236

Renewable Diesel Production Brazil 236

Green Car Congress

OCTOBER 5, 2017

Say what you will about offshore oil and gas exploration, but it’s still alive and kicking—high production costs and all. The latest demonstration of the viability of deepwater projects, even in the post-2014 oil industry era, comes from none other than Brazil.

Brazil 150

Brazil Oil Argentina Oil Prices 150

Green Car Congress

APRIL 3, 2012

Solazyme produces tailored oils using heterotrophic algae grown in industrial fermenters. Algae-based renewable oil company Solazyme, Inc. Algae-based renewable oil company Solazyme, Inc. will have an expected annual production capacity of 100,000 metric tons of oil. Source: Solazyme. Earlier post.).

Brazil 210

Brazil Oil Renewable Commercial 210

Green Car Congress

JANUARY 10, 2015

In the third quarter of 2014, Petrobras surpassed ExxonMobil’s oil production, and is now the largest producer of liquid hydrocarbons among its publicly traded peers. Considering oil and natural gas, the company is now fourth in the ranking. Operated production in the pre-salt layer: 700,000 bpd on 16 December 2014.

Oil 150

Oil Companies 2014 Brazil 150

Green Car Congress

JANUARY 20, 2010

Petrobras’ average oil and natural gas production in Brazil in 2009 was 2,287,457 barrels of oil equivalent (boe), 5.1% Oil production only topped-out at the daily average of 1,970,811 barrels, a 6.3% Abroad, the average oil production was 140,576 barrels per day in 2009, 13.7% less than 2008.

Brazil 170

Brazil 2009 Oil Production 170

Green Car Congress

OCTOBER 21, 2013

A consortium of companies, including Royal Dutch Shell plc, Petrobras, Total, CNPC and CNOOC won a 35-year production sharing contract to develop the super-giant Libra pre-salt oil discovery located in the Santos Basin, offshore Brazil. The production sharing contract is expected to be signed in November 2013.

Brazil 210

Brazil Production Oil Water 210

Green Car Congress

JULY 17, 2011

Petrobras’ oil and natural gas output in Brazil was 2,407,366 barrels of oil equivalent per day (boed) in June, 4% more than the 2,315,117 barrels produced a year earlier and a 2% increase over May 2011. Domestic natural gas production was 57.317 million cubic meters per day in June. This was 6.9% above last May.

Brazil 231

Brazil Oil Gas Nigeria 231

Green Car Congress

AUGUST 8, 2011

a renewable oil and bioproducts company, and Bunge Global Innovation LLC, a wholly-owned subsidiary of Bunge Limited, a global agribusiness and food company, have entered into a framework agreement for the formation of a joint venture entity focused on the production of triglyceride oils in Brazil.

Brazil 199

Brazil Oil Renewable Commercial 199

Green Car Congress

NOVEMBER 15, 2012

Separately, Solazyme and Archer-Daniels-Midland Company, a leading global agricultural processor, signed strategic collaboration, manufacturing and market development agreements in which Solazyme and ADM will produce Solazyme’s tailored algal oils in ADM’s advanced fermentation plant at Clinton, Iowa. Solazyme, Inc., Earlier post.).

Oil 239

Oil Renewable Brazil Production 239

Green Car Congress

MAY 9, 2013

Speaking at the Offshore Technology Conference (OTC) in Houston , Petrobras CEO Maria das Graças Silva Foster said that the Brazilian oil and gas company’s reserves will double in size by 2020. Production, which was 2.2 million barrels of oil equivalent (oil and natural gas) per day in 2012, is expected to reach 5.7

2020 239

2020 Brazil 2000 Houston 239

Green Car Congress

DECEMBER 29, 2010

Spain-based Repsol and China-based Sinopec successfully closed the agreement reached in October to develop jointly the exploration and production of its Brazil offshore assets and to create one of the Latin America’s largest private energy companies. billion to Repsol Brazil, resulting in a company valued at $17.8

Brazil 210

Brazil Production Spain Oil 210

Green Car Congress

SEPTEMBER 13, 2014

Petrobras’ consolidated oil and natural gas production in Brazil and abroad reached 2,759 thousand barrels of oil equivalent per day (boed), rising 2.2% from a reported production of 2,699 thousand boed in July. Petrobras’s domestic oil production increased by 2.7% from July’s production of 76.6

Oil 210

Oil Production Peru Gas 210

Green Car Congress

MAY 21, 2010

Statoil ASA has agreed to sell 40% of the Peregrino field offshore Brazil to China’s Sinochem Group. Statoil maintains 60% ownership and the operatorship of the field which is set to start production in early 2011. The transaction is subject to government approvals in Brazil and China. Map of the Peregrino field.

Brazil 199

Brazil Oil 2005 2008 199

Green Car Congress

JANUARY 29, 2013

SG Biofuels) has signed agreements in Brazil with Embrapa (Brazilian Agricultural Research Corporation), the country’s leading agricultural research institution, and with Fiagril, one of the country’s leading biodiesel refiners, to advance the development of Jatropha as a next-generation energy crop. SGB, Inc. (SG

Brazil 199

Brazil Energy Corporation Oil 199

Green Car Congress

MAY 6, 2011

a renewable oils and bioproducts company, announced a two-year joint development agreement (JDA) with Bunge Limited to develop microbe-derived oils utilizing Brazilian sugar cane feedstock. To further align the incentives of both parties, the two companies also entered into a Warrant Agreement. Solazyme, Inc.,

Oil 186

Oil Renewable San Francisco Brazil 186

Green Car Congress

NOVEMBER 3, 2010

Archer Daniels Midland Company (ADM) today will construct a second biodiesel plant in Brazil. With an annual biodiesel production capacity of 164,000 metric tons, the plant will increase ADM’s biodiesel capacity in Brazil by more than 50%. —Domingo Lastra, president of ADM do Brasil Ltda.

Brazil 210

Brazil Production Building Oil 210

Green Car Congress

MARCH 21, 2011

Among the statements and agreements emerging from President Obama’s official visit to Brazil and meeting with President Dilma Rousseff were overall support for the US supporting “ the rise of Brazil as a global power ” as well as an agreement to launch a Strategic Energy Dialogue between the two countries.

Brazil 210

Brazil Energy Obama United States 210

Green Car Congress

MAY 8, 2010

Brazil’s Petrobras set a new monthly oil production record in April. Separately, Brazil president Luiz Inácio Lula da Silva launched to sea the first oil tanker under the Transpetro Fleet Modernization and Expansion Program (Promef) at the Atlântico Sul Shipyard (EAS), in the port of Suape, state of Pernambuco.

Oil 186

Oil Brazil Production 2004 186

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 companies have been collaborating for five years on multiple projects with increasing levels of success culminating in this initial supply agreement. Solazyme, Inc.,

Oil 210

Oil Supplies Commercial Brazil 210

Green Car Congress

OCTOBER 4, 2012

Ensyn Corporation and Brazilian wood pulp company Fibria Celulose S.A. have formed a strategic alliance that includes the establishment of an equally-owned joint venture for the production of cellulosic liquid fuels and chemicals in Brazil, as well as a US$20-million equity investment in Ensyn Corporation by Fibria.

Brazil 236

Brazil Oil-Sands Fuel Chevron 236

Green Car Congress

JUNE 17, 2010

EADS; Eurocopter, a division of EADS; and BioCombustibles del Chubut will evaluate the creation of an aviation biofuel production facility in Brazil under terms of a cooperative agreement signed at this month’s ILA Berlin Air Show.

Brazil 199

Brazil Argentina Production Oil 199

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6

Oil 261

Oil Oil-Sands Price Production 261

Green Car Congress

NOVEMBER 24, 2011

has not yet received formal notice from Brazil’s National Petroleum Agency (ANP) suspending its drilling license, the company has suspended its current and future drilling operations, offshore Brazil in the wake of the seeps from its well in the Frade field. ANP posted a notice of suspension on 23 November on its web site.

Chevron 218

Chevron Brazil Future Oil 218

Green Car Congress

DECEMBER 9, 2010

Brazil’s largest airline, TAM Airlines; Curcas Diesel Brasil, a company promoting Jatropha curcas as the key feedstock for the global biodiesel industry; and Brasil Ecodiesel , the country’ largest biodiesel producer, will collaborate to conduct feasibility studies to implement an integrated project for the. Earlier post.).

Brazil 199

Brazil Renewable Fuel Production 199

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.

Oil 150

Oil Supplies Oil Prices 2017 150

Green Car Congress

FEBRUARY 16, 2021

Global oil and gas major Shell has outlined how it will achieve its target to be a net-zero emissions energy business by 2050, in step with society’s progress towards achieving net zero. This target covers the emissions from its operations and the emissions from the use of all the energy products it sells.

Production 191

Production Fuel Oil Carbon 191

Green Car Congress

JANUARY 7, 2015

Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.”

Oil 150

Oil Oil Prices Gas Production 150

Green Car Congress

DECEMBER 5, 2022

Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. The company will build two plants with a total capacity of 2 GW to produce green hydrogen.

Hydrogen 397

Hydrogen Renewable Europe Green 397

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

JANUARY 31, 2010

Hedayat said that IDRO is now working on projects for utilizing plant fuel, and added, “The existence of vast cane farms in southern (Iran), fuel, engine and vehicle research centers and auto-making companies indicates that the organization enjoys the required capability for research, production and supply of plant fuel.”.

Iran 218

Iran Brazil 2008 United States 218

Green Car Congress

NOVEMBER 25, 2012

Brazil’s Industrial Technology Core Foundation of Ceará (Nutec), an entity linked to the Ministry of Science, Technology and Higher Education of the State (Secitece), launched Biopeixe Machine, which converts 50% of fish viscera into fats for the production of oil which will, in turn, be converted into biodiesel.

Convert 268

Convert Waste Oil Brazil 268

Green Car Congress

MARCH 20, 2012

Pike Pulse Grid for oil majors commercializing biofuels. With “easy oil” increasingly difficult to source and with an obvious stake in the future of the $2 trillion transportation fuel market, the world’s largest oil companies have begun charting strategies to bring biofuels to market at scale. Source: Pike Research.

Oil 246

Oil Commercial Brazil Chevron 246

Green Car Congress

DECEMBER 15, 2017

Petrobras and ExxonMobil will evaluate areas of mutual interest that can bring together their world-class experience across all sectors of the oil and gas production value chain, including opportunities for cooperation in exploration, production, gas and chemicals both inside and outside Brazil.

Brazil 150

Brazil Oil Gas 2017 150

Green Car Congress

DECEMBER 16, 2010

and Cosan SA Industria e Comércio have executed a binding agreement to establish a joint venture for the worldwide development, production and commercialization of renewable base oils. Base oils are the building blocks of lubricant oils, currently derived from a mixture of fractions from the crude oil refining process.

Oil 186

Oil Renewable Commercial Production 186

Green Car Congress

MAY 7, 2014

Statoil executive vice president for its North American operations Bill Maloney said that the company has set a goal of recovering an average of 70% of the oil in its Johan Sverdrup field in the Norwegian continental shelf. We’ve set a very large goal for oil recovery for Johan Sverdrup.

Oil 199

Oil Brazil Norway Mexico 199

Green Car Congress

DECEMBER 14, 2009

Novozymes, an international enzymes and microorganisms company, has entered two new research partnerships in Brazil. A partnership with Cetrel, the largest provider of environmental solutions for the manufacturing industry in Latin America, is focused on the production of biogas from sugarcane bagasse using enzymes.

Brazil 210

Brazil Polymer Waste Convert 210