Brazil, Gas and Oil

EIA forecasts growing liquid fuels production in Brazil, Canada, and China through 2023

Green Car Congress

JUNE 18, 2022

The US Energy Information Administration (EIA) forecasts that liquid fuels production in Brazil, Canada, and China will increase this year and next, contributing to growth in overall non-OPEC petroleum production. After the United States, EIA expects liquid fuels production to increase the most in the non-OPEC countries of Brazil and Canada.

Brazil

Brazil Canada Oil-Sands China

Petrobras’ June oil production in Brazil up 1.7% exceeding 2M bpd; gas production reaches record

Green Car Congress

JULY 19, 2014

Petrobras’s June oil production in Brazil averaged 2,008 thousand barrels/day (bpd), up 1.7% Including the production operated by Petrobras for its partners in Brazil, the volume reached 2,135 thousand bpd, up 2.1% June’s natural gas production of 66.4 from May’s production of 1,975 thousand bpd. million m 3.

Brazil

Brazil Oil Gas Production

bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

Green Car Congress

JULY 12, 2021

This fall was driven mainly by oil, which accounted for almost three quarters of the net decline. Natural gas prices declined to multi-year lows; however, the share of gas in primary energy continued to rise, reaching a record high of 24.7%. World oil production fell for the first time since 2009 by 6.6 million b/d).

2020

2020 Oil Saudi Arabia Energy

EIA expects record global petroleum consumption in 2024, with lower crude oil prices

Green Car Congress

JANUARY 11, 2023

EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production. per gallon in 2024.

Oil Prices

Oil Prices Oil Global Price

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

Oil (..)

Guyana

Petrobras reaches its highest historical monthly oil production in Brazil

Green Car Congress

NOVEMBER 12, 2014

Petrobras’ oil production in Brazil reached an average of 2,126,000 barrels per day (bpd) in October, corresponding to 0.4% October was the company’s ninth consecutive month of oil production growth in the country. October was the company’s ninth consecutive month of oil production growth in the country.

Brazil

Brazil Oil Production Fleet

Petrobras oil & natural gas output up 4% in Brazil in June to 2.4M boed

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

Brazil Oil Gas Nigeria

Petrobras oil and gas output in Brazil and abroad up 5.4% in January

Green Car Congress

FEBRUARY 23, 2011

In January, Petrobras’s average oil and natural gas production in Brazil and abroad reached 2,661,843 barrels of oil equivalent per day (boed), 5.4% Fields in Brazil alone achieved average oil and gas output of 2,422,624 boed, a 6% increase on January last year. However, the January volume was 2.7%

Brazil

Brazil Oil Gas Bolivia

Eni report: global oil reserves and oil production up in 2018 due to US

Green Car Congress

JULY 30, 2019

Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The second volume, the World Gas and Renewables Review , focused on natural gas and renewables sources (solar, wind and biofuels), will be published in autumn.

Saudi Arabia

Saudi Arabia Oil 2018 Global

The Next Big Offshore Boom Is About To Happen in Brazil

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

Brazil Oil Argentina Oil Prices

Petrobras oil and gas output up 1.9% in May from April

Green Car Congress

JUNE 30, 2012

Petrobras announced that its average domestic and foreign oil and natural gas output in May was 2,601,223 barrels of oil equivalent per day (boed), up 1.9% Fields in Brazil produced an average 2,350,476 boed, a rise of 2% on the previous month’s output. Domestic output included 1,989,210 barrels/day of oil, up 1.4%

Oil

Oil Gas Brazil Maintenance

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

Green Car Congress

MARCH 15, 2016

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.

Brazil

Brazil Water Nigeria Mexico

Petrobras Oil Production up 6.3 % in Brazil in 2009

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% more than a year ago.

Brazil

Brazil 2009 Oil Production

Annual global oil & gas capital expenditure to pass $1-trillion mark in 2012

Green Car Congress

AUGUST 23, 2012

Increased activity in the Exploration and Production (E&P) sector will be the primary driver in pushing oil and gas capital expenditure (capex) to $1.039 trillion for 2012, according to the latest report by business intelligence firm GlobalData. GlobalData predicts Asia-Pacific to follow very closely with a capex of $253.1

Oil

Oil 2012 Oil-Sands Gas

Lula-Mexilhão gas pipeline, longest and deepest rigid undersea pipeline in Brazil, opens up

Green Car Congress

SEPTEMBER 24, 2011

Galp Energia (10%), has opened up the Lula-Mexilhão gas pipeline. With a capacity to take off up to 10 million m 3 gas per day, the pipeline will transport gas produced in the Pre-Salt Cluster. Of strategic importance to Santos Basin logistics, the Mexilhão platform is the largest fixed production unit in Brazil.

Brazil

Brazil Gas Connect Connected

Petrobras says new Sapinhoá offshore Brazil field has 2.1B barrels of oil equivalent estimated recoverable

Green Car Congress

DECEMBER 30, 2011

Petrobras says that a new field, to be called Sapinhoá, in the offshore Brazil Guará area has an estimated total recoverable volume of 2.1 billion barrels of oil equivalent (boe). Block BM-S-9. Click to enlarge. Click to enlarge. The consortium also submitted the final Evaluation Plan Report for the area.

Brazil

Brazil Oil 2012 2008

ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

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. During 2017, proved additions at Upper Zakum in Abu Dhabi totaled more than 800 million barrels of crude oil. Exxon Mobil Corporation added 2.7 Resource Base.

2017

2017 Papua New Guinea Oil Guyana

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

Green Car Congress

FEBRUARY 20, 2023

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. Shell is the leading operator in the US Gulf of Mexico for oil and gas production. The Vito development is owned by Shell Offshore Inc.

Mexico

Mexico Design Suriname Argentina

USGS new estimates of global undiscovered, technically recoverable conventional oil and natural gas, excluding US

Green Car Congress

APRIL 18, 2012

USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of the world. These new estimates are for conventional oil and gas resources only. Geological Survey (USGS) released today.

Oil

Oil Oil-Sands Gas Global

Carinata now a listed feedstock for CORSIA HEFA Sustainable Aviation Fuels

Green Car Congress

APRIL 27, 2021

A recent update by The International Civil Aviation Organization (ICAO) now includes carinata as a renewable fuel feedstock for hydroprocessed esters and fatty acids (HEFA) sustainable aviation fuel (SAF) with a similar greenhouse gas (GHG) footprint as waste and residuals, such as used cooking oil, for the same fuel type. Data: ICAO.

Fuel

Fuel Waste Renewable Brazil

Amyris renewable jet fuel receives regulatory approval in Brazil for blends up to 10%

Green Car Congress

DECEMBER 16, 2014

Brazil’s fuels regulator, ANP, has cleared the way for the commercialization in Brazil of Amyris renewable jet fuel in blends of up to 10%. We meet the most rigorous performance requirements in the aviation industry and are now commercializing our product in Brazil as well as around the world.

Brazil

Brazil Renewable Fuel Oil Prices

Petrobras announces new oil discovery in ultra-deep GOM, gas discovery offshore Brazil

Green Car Congress

NOVEMBER 5, 2011

Petrobras announced a new oil discovery in the extreme southwestern part of the Walker Ridge concession area, located in the US Gulf of Mexico ultra-deep waters. The discovery confirms the Lower Tertiary’s potential in this area. The Logan discovery. Click to enlarge.

Oil

Oil Brazil Gas Houston

Brazil and US to deepen cooperation on energy; aviation biofuels

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

Brazil Energy Obama United States

GE to accelerate growth in offshore oil gas with proposed acquisition of Wellstream Holdings PLC

Green Car Congress

DECEMBER 13, 2010

GE intends to make an offer for 100% of Wellstream Holdings PLC, a leading engineer and manufacturer of high-quality flexible pipeline products for oil and gas transportation in the sub-sea production industry. It also will enhance GE’s ability to capitalize on growth in Brazil, Africa and Asia. billion ($1.3

Oil

Oil Gas Brazil Africa

Petrobras ready to launch renewable diesel production upon regulatory approval

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 has a technology patented since 2006 for the co-processing of vegetable oils using the process called HBIO ( Earlier post.)

Renewable

Renewable Diesel Production Brazil

Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

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.” On Tuesday, 6 January, the price for WTI crude closed at $47.93/bbl,

Oil

Oil Oil Prices Gas Production

Petrobras becomes largest oil producer among publicly traded companies

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. in the case of Petrobras, and 1.5% in ConocoPhillips’ case.

Oil

Oil Companies 2014 Brazil

Petrobras and ExxonMobil form strategic alliance

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

Brazil Oil Gas 2017

Supply Crunch Or Oil Glut: Investment Banks Can’t Agree

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

Oil Supplies Oil Prices 2017

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

DECEMBER 22, 2014

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.

Oil Prices

Oil Prices Oil Price Carbon

Petrobras confirms discovery of new oil province in ultra-deep-water Brazil

Green Car Congress

SEPTEMBER 22, 2011

Petrobras has confirmed the presence of oil and gas accumulations in the ultra-deep waters of the Sergipe-Alagoas basin, after completing a lined well formation test in the BM-SEAL-11 concession in Block SEAL-M-426. Information obtained to date is sufficient to confirm the discovery of a new oil province in the Sergipe-Alagoas basin.

Water

Water Oil Brazil Miles

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

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

Guyana Oil South America Suriname

Petrobras’ total production tops 2.7 million barrels of oil equivalent per day in August

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% Petrobras’s domestic oil production increased by 2.7% Petrobras’s domestic oil production increased by 2.7% m³ of oil and 2,604,926.66 million m³/d.

Oil

Oil Production Peru Gas

Repsol and Sinopec close $7.1B Brazil exploration and production JV agreement; Sinopec 40% owner

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 Click to enlarge.

Brazil

Brazil Production Spain Oil

Brazil Ready to Cooperate With Iran on Sugarcane Ethanol, Other Technology

Green Car Congress

JANUARY 31, 2010

Brazil is the world’s second largest producer of ethanol fuel and the world’s largest exporter. Together, Brazil and the United States lead the industrial production of ethanol fuel, accounting together for 89% of the world’s production in 2008.

Iran

Iran Brazil 2008 United States

Statoil, Repsol Sinopec and Petrobras confirm high-impact deepwater discovery offshore Brazil

Green Car Congress

FEBRUARY 27, 2012

Statoil, operator Repsol Sinopec, and Petrobras have confirmed a high-impact discovery in the Pão de Açúcar prospect offshore Brazil. Statoil defines a high-impact well as offering a total of more than 250 million barrels of oil equivalent (boe), or 100 million boe net to Statoil. million cubic feet per day of gas.

Brazil

Brazil Angola Africa South America

Black & Veatch to assess feasibility of world’s largest green hydrogen plant: $5.4B Base One; 600 million kg/pa

Green Car Congress

MARCH 21, 2021

When operational, Enegix Energy’s planned Base One facility in Ceará, Brazil will produce more than 600 million kilograms of green hydrogen annually. —Gary Martin, a Managing Director with Black & Veatch’s Oil & Gas business. Base One is anticipated to take three to four years to build. gigawatts of solar and onshore wind.

Hydrogen

Hydrogen Green Brazil Renewable

BP closes out 2013 with deepwater finds in Gulf of Mexico and offshore Angola; new activity offshore Brazil

Green Car Congress

JANUARY 1, 2014

BP also confirmed the recently-announced Pitu oil discovery in the frontier deepwater of the Potiguar basin off Brazil’s equatorial margin, announced by Petrobras. billion barrels of oil equivalent, according to Cobalt. The discovery well encountered both a high liquids content gas interval and an oil interval.

Angola

Angola Mexico Brazil 2013

Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

Green Car Congress

MARCH 30, 2011

Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. The Administration is pushing the oil industry to produce on leases already held.

Obama

Obama Oil Gas-Electric Purchase

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

DECEMBER 16, 2013

Greenhouse gas (GHG) emission standards and CAFE standards increase new LDV fuel economy through model year 2025 and beyond, with more fuel-efficient new vehicles gradually replacing older vehicles on the road and raising the fuel efficiency of the LDV stock by an average of 2.0% per year, from 21.5 l/100 km) in 2012 to 37.2

Oil

Oil Light Energy Vehicles

IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

Green Car Congress

JANUARY 3, 2014

An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

Estonia

Estonia Oil Cleaner Jordan

UK Government approves Statoil’s US$7B development of North Sea Mariner heavy oil field

Green Car Congress

FEBRUARY 15, 2013

The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. The average production is estimated at around 55,000 barrels of oil per day over the plateau period from 2017 to 2020. Location of the Mariner field.

Mariner

Mariner Oil Climate Change 2007

Shell Begins Production at Parque das Conchas Offshore Brazil; Deep Water and Heavy Oil Required New Technologies

Green Car Congress

JULY 13, 2009

Shell began production at its multi-field Parque das Conchas (BC-10) project 110 kilometers (68 miles) off Brazil’s south-east coast, where heavy oil resources lie beneath waters nearly two kilometers deep in the Campos Basin. This marks a major milestone in delivering oil from Brazil’s deep water.” The Espírito Santo.

Water

Water Brazil Oil Production

Petrobras CEO says company will grow production to 5.7 mboe/day by 2020

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. million barrels of oil equivalent (oil and natural gas) per day in 2012, is expected to reach 5.7 Production, which was 2.2

2020

2020 Brazil 2000 Houston

EIA forecasts growing liquid fuels production in Brazil, Canada, and China through 2023

Petrobras’ June oil production in Brazil up 1.7% exceeding 2M bpd; gas production reaches record

bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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

Petrobras reaches its highest historical monthly oil production in Brazil

Petrobras oil & natural gas output up 4% in Brazil in June to 2.4M boed

Petrobras oil and gas output in Brazil and abroad up 5.4% in January

Eni report: global oil reserves and oil production up in 2018 due to US

The Next Big Offshore Boom Is About To Happen in Brazil

Petrobras oil and gas output up 1.9% in May from April

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

Petrobras Oil Production up 6.3 % in Brazil in 2009

Annual global oil & gas capital expenditure to pass $1-trillion mark in 2012

Lula-Mexilhão gas pipeline, longest and deepest rigid undersea pipeline in Brazil, opens up

Petrobras says new Sapinhoá offshore Brazil field has 2.1B barrels of oil equivalent estimated recoverable

ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

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

USGS new estimates of global undiscovered, technically recoverable conventional oil and natural gas, excluding US

Carinata now a listed feedstock for CORSIA HEFA Sustainable Aviation Fuels

Amyris renewable jet fuel receives regulatory approval in Brazil for blends up to 10%

Petrobras announces new oil discovery in ultra-deep GOM, gas discovery offshore Brazil

Brazil and US to deepen cooperation on energy; aviation biofuels

GE to accelerate growth in offshore oil gas with proposed acquisition of Wellstream Holdings PLC

Petrobras ready to launch renewable diesel production upon regulatory approval

Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

Petrobras becomes largest oil producer among publicly traded companies

Petrobras and ExxonMobil form strategic alliance

Supply Crunch Or Oil Glut: Investment Banks Can’t Agree

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Petrobras confirms discovery of new oil province in ultra-deep-water Brazil

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

Petrobras’ total production tops 2.7 million barrels of oil equivalent per day in August

Repsol and Sinopec close $7.1B Brazil exploration and production JV agreement; Sinopec 40% owner

Brazil Ready to Cooperate With Iran on Sugarcane Ethanol, Other Technology

Statoil, Repsol Sinopec and Petrobras confirm high-impact deepwater discovery offshore Brazil

Black & Veatch to assess feasibility of world’s largest green hydrogen plant: $5.4B Base One; 600 million kg/pa

BP closes out 2013 with deepwater finds in Gulf of Mexico and offshore Angola; new activity offshore Brazil

Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

UK Government approves Statoil’s US$7B development of North Sea Mariner heavy oil field

Shell Begins Production at Parque das Conchas Offshore Brazil; Deep Water and Heavy Oil Required New Technologies

Petrobras CEO says company will grow production to 5.7 mboe/day by 2020

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