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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

Green Car Congress

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.

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Solazyme and Bunge break ground on renewable oils production facility in Brazil

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and Bunge Global Innovation LLC, a wholly-owned subsidiary of Bunge Limited, a global agribusiness and food company, have broken ground on a 100,000 metric ton renewable oil production facility adjacent to Bunge’s Moema sugarcane mill in Brazil. Solazyme, Inc. billion expansion.

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Solazyme and Bunge sign framework agreement for commercial sugar cane to renewable oil plant in Brazil

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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. Solazyme, Inc.,

Brazil 199
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Shell delivers more Brazil deep-water production from Parque das Conchas; 3rd phase of project

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Shell and its joint venture announced the start of oil production from the third phase of the deep-water Parque das Conchas (BC-10) development in Brazil’s Campos Basin. The development is the first of its kind based fully on subsea oil and gas separation and subsea pumping.

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Solazyme and Bunge form joint venture for commercial-scale renewable oil production facility in Brazil

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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. Click to enlarge. Earlier post.).

Brazil 210
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Brazil and US to deepen cooperation on energy; aviation biofuels

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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.

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Shell starts production at Vito in US Gulf of Mexico; new, simplified design

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With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company’s first deep-water platform in the GoM to employ a simplified, cost-efficient host design. The estimate of resources volumes is currently classified as 2p and 2c under the Society of Petroleum Engineers’ Resource Classification System.

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