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

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

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. These estimates include resources beneath both onshore and offshore areas.

Oil 218

Oil Oil-Sands Gas Global 218

Green Car Congress

JULY 19, 2016

stake in Novvi LLC, a joint venture of Amyris and Brazil-based Cosan S.A. formed in 2011 to produce renewable base oils and lubricants from Amyris’ Biofene—Amyris’s brand of a renewable, long-chain, branched hydrocarbon molecule called farnesene (trans-ß-farnesene). American Refining Group (ARG) is taking a 33.3% Earlier post.)

Oil 150

Oil Renewable Commercial Pennsylvania 150

Green Car Congress

AUGUST 16, 2011

Statoil has confirmed communication between the Aldous and Avaldsnes oil discoveries in the North Sea. In combination these discoveries may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent. Norway has not seen a similar oil discovery since the mid-eighties.

Oil 231

Oil Oil-Sands Connect Connected 231

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 268

Oil Prices Oil Price Carbon 268

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 225

Mariner Oil Climate Change 2007 225

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. Estimated post-drill resource range for Lontra is 700 million to 1.1+ billion barrels of oil equivalent, according to Cobalt. Click to enlarge.

Angola 220

Angola Mexico Brazil 2013 220

Green Car Congress

OCTOBER 24, 2017

Vastly expanding sugarcane production in Brazil for conversion to ethanol could reduce current global CO 2 emissions by as much as 5.6%, according to a new study by an international team led by researchers from the University of Illinois. The team looked at three scenarios that would increase the sugarcane footprint in Brazil between 37.5

Brazil 150

Brazil Emissions Global Climate Change 150

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 236

Estonia Oil Cleaner Jordan 236

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 Source: Maugeri 2012.

Oil 261

Oil Oil-Sands Price Production 261

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.”

Water 150

Water Brazil Oil Production 150

Green Car Congress

MARCH 17, 2020

Woods the had also outlined progress on key projects that support ExxonMobil’s growth plans, including: In Guyana, the estimated gross recoverable resource from the Stabroek Block increased to more than 8 billion oil-equivalent barrels, in part as a result of six additional discoveries made in 2019 and 2020. million net acres.

Papua New Guinea 186

Papua New Guinea Guyana Guinea Mozambique 186

Green Car Congress

DECEMBER 16, 2013

Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 While domestic crude oil production is projected to level off and then slowly decline after 2020 in the Reference case, natural gas production grows steadily, with a 56% increase between 2012 and 2040, when production reaches 37.6

Oil 290

Oil Light Energy Vehicles 290

Green Car Congress

MAY 30, 2019

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. billion barrels of discovered recoverable resource.

Papua New Guinea 191

Papua New Guinea Emissions Carbon Guyana 191

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

Chevron 244

Chevron Oil Oil-Sands Production 244

Green Car Congress

APRIL 17, 2010

The Government of Canada has established a Heavy Oil Working Group. Comprising countries such as Canada, Brazil, Colombia, Mexico, the United States and Venezuela, the Heavy Oil Working Group will collaborate on clean energy research to reduce the impact of fossil fuel development. Minister Paradis. —Minister Paradis.

Canada 170

Canada Oil Oil-Sands Cleaner 170

Green Car Congress

NOVEMBER 26, 2019

This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. Inflows to clean energy projects in India and Brazil slipped $2.4 But like trying to turn a massive oil tanker, it takes time. thousand in 2017.

Coal 243

Coal Clean Cleaning Financing 243

Green Car Congress

MARCH 26, 2020

In addition to this initiative, Petrobras will mobilize its high performance computational resources for research projects of Brazilian universities in fighting coronavirus. The use of these supercomputers allows for accelerating the simulation time in order for researchers to achieve results faster in their research.

Brazil 355

Brazil 2000 Universal Oil 355

Green Car Congress

NOVEMBER 11, 2011

This agreement will focus on the joint development of Galp Energia’s existing assets in Brazil, although there is the possibility for both parties to pursue, jointly or separately, further expansion in that region. Petrogal assets in Brazil. In 2010, its annual oversea equity oil production reached 127 MMbbl. Click to enlarge.

Brazil 186

Brazil Argentina 2010 Oil 186

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 268

Obama Oil Gas-Electric Purchase 268

Green Car Congress

JUNE 22, 2010

billion) will be invested in Brazil and 5% ($11.7 The plan maintains Petrobras’ growth targets and incorporates the resources needed to explore and develop the oil discoveries made in the pre-salt cluster. The total oil production goals are 3.9 million barrels of oil equivalent per day (boe) in 2014, and 5.4

Brazil 236

Brazil Oil 2014 2020 236

Green Car Congress

JULY 28, 2014

Brazil, Russia, India, and China (the BRIC nations) will represent the largest increases, as the percentage of global road transportation energy consumed by these nations is forecast to grow from 20% in 2014 to 36% in 2035. Similarly, ethanol has done well in the United States and Brazil, but expansion into other countries has been slow.

Transportation 255

Transportation Global Fuel Alternative Fuels 255

Green Car Congress

JULY 25, 2013

The Brent crude oil spot price averaged $112 per barrel in 2012, and EIA’s July 2013 Short-Term Energy Outlook projects averages of $105 per barrel in 2013 and $100 per barrel in 2014. Non-petroleum liquids resources from both OPEC and non-OPEC sources grow on average by 3.7% Liquid fuels. million barrels per day.

2010 317

2010 Transportation Fuel Energy 317

Green Car Congress

NOVEMBER 16, 2011

Chevron Brasil Upstream Frade Ltda is responding to oil seeps and a subsequent sheen that has occurred in the vicinity of the Chevron-operated Frade project located 370 kilometers (230 miles) offshore north east of Rio de Janeiro, Brazil in water depths of approximately 1,200 meters (3,800 feet).

Chevron 186

Chevron Plug-in Plug Brazil 186

Green Car Congress

NOVEMBER 30, 2016

Currently the biofuels industry is driven primarily by the abundant availability of bio-based resources enabling the production of ethanol and biodiesel. For example, the US and Brazil are major corn and sugarcane ethanol producers, respectively, and Malaysia and Indonesia are major palm oil biodiesel producers.

Carbon 150

Carbon Standards Global Fuel 150

Green Car Congress

AUGUST 17, 2011

Since it is most likely that within the next decades the share of transport fuels from energy intensive unconventional oil resources will increase, the production of advanced biofuels from microalgae can only be a viable renewable fuel source if the energy intensity of the process can be managed and lowered accordingly. tons/ha/year).

Oil-Sands 236

Oil-Sands Production Grid Saudi Arabia 236

Green Car Congress

NOVEMBER 17, 2017

The UW team is the first to try converting the entire young tree—leaves, bark and stems—into bio oil and ethanol using two separate processes. We have the environmental incentives to produce fuels and chemicals from renewable resources, but right now, they aren’t enough to compete with low oil prices. 7b01000.

Washington 150

Washington Cheap Oil Universal 150

Green Car Congress

DECEMBER 18, 2013

The California Air Resources Board (ARB) staff has posted six new Low Carbon Fuel Standard (LCFS) pathway applications to the LCFS public comment web site: corn ethanol; molasses ethanol (from Brazil); palm fatty acid distillates (PFAD) to biodiesel; and landfill gas to LNG, L-CNG, and CNG. Earlier post.) gCO 2 e/MJ.

Oil 247

Oil California Gas Gas-Electric 247

Green Car Congress

JANUARY 16, 2015

Petrobras now operates more floating production platforms (including self-owned and chartered ones) than any other company in the world, according to Petrodata, a consulting firm that specializes in providing information about the global oil industry. First offshore systems.

Production 150

Production Oil Water Installation 150

Green Car Congress

OCTOBER 17, 2014

Joinville Engine (Brazil). All of these facilities treat their waste as resources out of place and employ a number of methods to give them a second or third life. Reuse: Grand Rapids Operations’ in-house oil recycling saves GM $1.2 It recycles and reuses every gallon of oil it buys from a refinery several times.

GM 225

GM Colombia Waste Michigan 225

Green Car Congress

AUGUST 25, 2015

OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. billion vs. $1.6 billion) and $1 billion ($2.5

Saudi Arabia 150

Saudi Arabia Russia Oil 2015 150

Green Car Congress

NOVEMBER 9, 2010

In their study, they used three different alternative powertrain/fuel models: less aggressive, moderately aggressive and very aggressive, applied across four developed economies (United States, Western Europe, Japan, and South Korea) and four developing economies (Brazil, Russia, India, and China). Source: Belzowski and McManus. South Korea.

Fleet 218

Fleet China Brazil South Korea 218

Green Car Congress

JUNE 25, 2010

The US Environmental Protection Agency has officially registered Amyris’ renewable diesel fuel at a 20% blend rate, the first time a hydrocarbon-based fuel made from plant-derived resources has been registered for commercial sale. its joint venture with Usina São Martinho, one of the largest sugar and ethanol producers in Brazil.

Renewable 210

Renewable Diesel Brazil 2010 210

Green Car Congress

JUNE 14, 2012

The logging results from the Lavani well confirm a new high-impact discovery for Statoil, with a preliminary resource estimate of 3 trillion cubic feet (Tcf) of gas in place. Statoil defines a high-impact well as one that can deliver a total of more than 250 million barrels of oil equivalent (boe), or 100 million boe net to Statoil.

Tanzania 225

Tanzania Gas Brazil 2007 225

Green Car Congress

JUNE 2, 2011

The major retail and commercial fuels company will operate in Brazil. In Brazil it becomes the third largest fuels company. Brazil leads the world in the use of biofuels for transport. Raízen's current annual production capacity will be enough to meet nearly 9% of Brazil’s current ethanol demand.

Brazil 210

Brazil Gasoline-Electric Waste Gasoline 210

Green Car Congress

DECEMBER 18, 2014

Sharp risers include Brazil (+ 6.2%), India (+ 4.4%), China (+ 4.2%) and Indonesia (+2.3%). The consumption of oil products increased by 1.7% According to national statistics, in 2013 total oil consumption in transport increased somewhat by 0.5%, relative to 2012 levels. billion tonnes (Gt). in 2013 and 3.4%

2013 240

2013 Emissions Global CO2 240