Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

Green Car Congress

New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both. The way the structures play out impacts the kinds of oil fields that will be at the margins and struggling to stay afloat.

Oil 248

Equinor Energy & Mitsubishi Heavy to collaborate on low-carbon technology to reduce carbon footprint of oil & gas operations

Green Car Congress

Norway-based energy company Equinor Energy and Mitsubishi Heavy Industries (MHI) signed a Memorandum of Understanding (MoU) for a low-carbon technology collaboration. The non-exclusive cooperation agreement will see both companies develop and use technology to reduce the carbon footprint of oil & gas operations. In particular, the companies will look at further developing the hydrogen and carbon capture, utilization and storage (CCS/CCUS) value chains.

2020 172
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Should more regulatory responsibility for carbon reduction fall on oil companies?

Green Car Reports

Regulating carbon emissions from the oil and gas industry would allow the United States to reach its climate goals faster, argues a recent opinion piece by an oil industry veteran published in The Hill. carbon-dioxide (CO2) emissions come from burning oil and natural gas, and 1.4

CO2 106

ETH Zurich catalyst can convert polypropylene directly into motor oil with high selectivity

Green Car Congress

Researchers at the Swiss Federal Institute of Technology (ETH) Zurich, Switzerland, have developed a carbon-supported platinum nanoparticle catalyst that can achieve complete hydrocracking of polypropylene into liquid hydrocarbons (C 5 –C 45 ). Catalysts Lubricating Oils Plastics Recycling

Oil 314

California 2020 crude average carbon intensity value increased 7%

Green Car Congress

Every year, the California Air Resources Board (ARB) posts an Annual Crude Average carbon intensity calculation, using the the Oil Production Greenhouse Gas Emission Estimator (OPGEE) Model. The three-year California Crude Average carbon intensity of 12.70

2020 217

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

Green Car Congress

Both primary energy consumption and carbon emissions from energy use fell at their fastest rate seen since the Second World War, while renewable energy continued its trajectory of strong growth, with wind and solar power recording their largest ever annual increase.

2020 323

Researchers develop large-scale, economical method to extract hydrogen from oil sands and oil fields

Green Car Congress

Canadian researchers have developed a large-scale economical method to extract hydrogen from oil sands (natural bitumen) and oil fields. The process can extract hydrogen from existing oil sands reservoirs, with huge existing supplies found in Canada and Venezuela. The process can also be applied to mainstream oil fields, causing them to produce hydrogen instead of oil. Oil fields, even abandoned oil fields, still contain significant amounts of oil.

BlackRock’s Carbon Transition Fund is swimming in Big Oil

Electrek

The BlackRock US Carbon Transition Readiness exchange-traded fund (ETF) (LCTU) launched last week. But there’s a big problem with this ETF: It’s jam-packed with Big Oil companies.

Carbon 114

Strategic Biofuels successfully tests carbon capture and storage for renewable diesel plant

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Strategic Biofuels announced that its Carbon Capture and Sequestration (CCS) Test Well Program was successfully completed at the company’s Louisiana Green Fuels Project (LGF) in Caldwell Parish, Louisiana. Carbon capture and permanent geologic sequestration is no longer a hypothetical scenario for Louisiana Green Fuels—successful completion of the test well is a major milestone that’s not been achieved by any other renewable diesel project.

Carbon 276

Kati to cut its carbon footprint by half at Keliber’s lithium drilling site by using Neste renewable fuel oil

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Oy Kati Ab, a long-term drilling contractor of Keliber, a company developing a European lithium project ( earlier post ), has started to use Neste MY Non Road Diesel renewable fuel oil in the drill rig at Keliber’s exploration site in Central Ostrobothnia. The renewable fuel oil is a significant new addition to the renewable diesel known in road transport. In addition to a smaller carbon footprint, the use of renewable fuel oil reduces local emissions produced by older machines.

ExxonMobil, FuelCell Energy expand agreement to optimize carbonate fuel cell technology for large-scale carbon capture

Green Car Congress

signed a new, two-year expanded joint-development agreement to further enhance carbonate fuel cell technology for the purpose of capturing carbon dioxide from industrial facilities. The agreement, worth up to $60 million, will focus efforts on optimizing the core technology, overall process integration and large-scale deployment of carbon capture solutions. ExxonMobil says it has captured more carbon dioxide than any other company. ExxonMobil and FuelCell Energy, Inc.

2019 281

Novvi LLC begins production of 100% renewable base oils & process oils

Green Car Congress

Novvi LLC announced the successful start-up of its Deer Park, TX plant, where it is manufacturing and marketing 100% renewable base oils ( NovaSpec Base Oils ) for the lubricants industry, and 100% renewable process oils for polymer, adhesives, and personal care industries. Cosan, American Refining Group, Chevron, and H&R created to develop, produce, market, and distribute high-performance oils and lubricants from renewable sources.

2020 210

EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

Green Car Congress

The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Emissions Market Background Natural Gas Oil Regulations

Oil 217

Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030.

Average 2020 crude carbon intensity for California rose 7% to 13.41 gCO2e/MJ

Green Car Congress

Each year, the California Air Resources Board (ARB) posts the Annual Crude Average carbon intensity for crude oil delivered to California refineries. The annual CI value flows into the calculation of a three-year California Crude Average carbon intensity.

2020 217

Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

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Canada-based Carbon Engineering Ltd. (CE) CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. The DAC plants are location-independent and can be co-located with an oilfield operation for enhanced oil recovery (EOR). Carbon Capture and Conversion (CCC) Fuels

2019 275

Shell launches commercial operation of Quest carbon capture and storage in Alberta oil sands

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Shell marked the official opening of the Quest carbon capture and storage (CCS) project in Alberta, Canada, and the start of commercial operations there. Using activated amine (ADIP-X), Quest will capture one-third of the CO 2 emissions from Shell’s Scotford Upgrader, which turns oil sands bitumen into synthetic crude that can be refined into fuel and other products. Carbon Capture and Storage (CCS) Oil sands

Shell admits it's past peak oil, eyes carbon offsets as a business opportunity

Green Car Reports

Royal Dutch Shell says it is already past peak oil. In a Thursday press release, the company said "oil production peaked in 2019," and that it expects an annual decline of 1% to 2% per year.

2019 142

California 2019 crude average carbon intensity up

Green Car Congress

Pursuant to section 95489(c)(3)(B) of the Low Carbon Fuel Standard (LCFS) Regulation, the California Air Resources Board (CARB) Executive Officer has posted the final 2017 Crude Average Carbon Intensity calculation: 12.52 The three-year California Crude Average carbon intensity of 12.26 gCO 2 e/MJ is greater than the California Baseline Crude Average carbon intensity of 11.85 Emissions LCFS Lifecycle analysis Market Background Oil

2020 167

Oxy Low Carbon Ventures, Rusheen Capital Management create company to deploy Carbon Engineering’s direct air capture technology

Green Car Congress

Oxy Low Carbon Ventures, LLC, a subsidiary of Occidental, and Rusheen Capital Management, a private equity firm, have formed a development company, 1PointFive, to finance and to deploy Carbon Engineering ’s large-scale Direct Air Capture (DAC) technology.

2020 206

Honeywell and Wood partner on technologies for carbon-neutral sustainable aviation fuel (SAF)

Green Car Congress

Honeywell and Wood announced a comprehensive package of technologies to support the effort to produce carbon-neutral aviation fuel. The UOP Ecofining process technology converts waste oils, fats, and greases into Honeywell Green Jet Fuel, a drop-in replacement for jet fuel. When using a feedstock such as used cooking oils, lifecycle GHG emissions can be reduced by 80% at this stage compared to conventional petroleum jet fuel.

Carbon 174

IEA: global carbon dioxide emissions have rebounded strongly

Green Car Congress

The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year.

Global 342

TUAT team develops more efficient method to recover heavy oil using novel chemical flooding

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By making use of a previously undesired side effect in oil recovery, researchers at Tokyo University of Agriculture and Technology (TUAT) have developed a method that yields up to 20% more heavy oil than traditional methods. Market Background Oil

2020 217

IHS Markit: oil sands greenhouse gas intensity declined 20% over past decade

Green Car Congress

New research by the IHS Markit Canadian Oil Sands Dialogue shows that the combined greenhouse gas (GHG) intensity of Canadian oil sands projects has declined 20% from 2009 levels. The new analysis, using most recent data available, shows trends remaining in line with previous IHS Markit projections that oil sands GHG intensity will decline by at least 16 to 23% by 2030 (to a level 30% below 2009). This is important and it goes beyond just the oil sands.

California Governor orders end to fracking by 2024, instructs CARB to analyze pathways to phase out oil-production by 2045

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Additionally, Governor Newsom requested that the California Air Resources Board (CARB) analyze pathways to phase out oil extraction across the state by no later than 2045. California’s production of oil has been steadily dropping since 1985. Market Background Oil Policy Regulations

Oil 206

DOE announces $110M for carbon capture, utilization, and storage projects

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A recent study by Science of the Total Environment found that DOE is the most productive organization in the world in the carbon capture and storage field. Under the first FOA award, Front-End Engineering Design (FEED) Studies for Carbon Capture Systems on Coal and Natural Gas Power Plants, DOE has selected nine projects to receive $55.4 The selected projects will support FEED studies for commercial-scale carbon capture systems.

2019 191

INEOS investing additional $1.4B in Grangemouth complex in next phase of GHG reductions; blue hydrogen

Green Car Congress

The Road Map involves a move to the production and use of hydrogen by all businesses at the Grangemouth site accompanied by carbon capture and storage of at least 1 million tonnes per annum of CO 2 by 2030. INEOS will invest an additional £1 billion (US$1.4

IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

Green Car Congress

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. Market Background Oil

2020 254

Monolith to collaborate with Goodyear on carbon black for its tire production; methane pyrolysis

Green Car Congress

Monolith , a leader in clean carbon black production, signed a collaboration agreement and letter of intent (LOI) with The Goodyear Tire & Rubber Company, one of the world's largest tire companies.

BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

Green Car Congress

BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. By creating carbon-neutral gasoline from CO 2 captured from the air, Prometheus Fuels allows the climate impact of today’s internal combustion engines to be massively reduced immediately.

2020 257

Fraunhofer team develops process to recycle carbon black from car tires

Green Car Congress

Waste tires have been used mainly for recovering energy sources; only small proportions of the carbon black contained in these tires are recycled, since mineral ash accounts for around 20% of its content. To produce one ton of carbon black, we need approximately 1.5

Carbon 330

ExxonMobil, Georgia Tech and Imperial College London publish joint research on potential breakthrough in membrane technology for oil refining

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Scientists from ExxonMobil, the Georgia Institute of Technology and Imperial College of London have published in the journal Science joint research on potential breakthroughs in a new membrane technology that could reduce emissions and energy intensity associated with refining crude oil.

2020 278

Oleophobic hydrophobic magnetic sponge selectively soaks up oil, sparing water and wildlife

Green Car Congress

A Northwestern Engineering-led team has developed a highly porous smart sponge that selectively soaks up oil in water. With an ability to absorb more than 30 times its weight in oil, the sponge could be used to clean up oil spills inexpensively and efficiently without harming marine life.

2020 217

This Is Why You Don’t Take Money From Oil Companies For Your Schools

Creative Greenius

When Chevron, or Phillips 66, or ExxonMobil or E&B oil companies give schools and nonprofits funding money they do it for one reason only. Sold them out to the very oil companies who are destroying their chance of having a decent future. And they will damn sure remember who went along for the ride to get that oil company money. Cutting our carbon emissions by eliminating the burning of fossil fuels as rapidly as possible is the single most urgent need society has today.

2015 284

Cummins high horsepower diesel generator sets now approved for use with hydrotreated vegetable oil fuel

Green Car Congress

announced approval of its entire line of diesel generator sets for use with paraffinic fuels (EN15940), including hydrotreated vegetable oil (HVO), when used in standby applications. It has a very low life cycle carbon emission, making it attractive as a sustainable fuel. Cummins Inc.

Diesel 239

Sub-micrometer carbon spheres as oil additives reduce engine friction up to 25%

Green Car Congress

Researchers at Purdue University have shown that adding ultra-smooth submicrometer carbon spheres to motor oil can reduce friction and wear typically seen in engines by up to 25%. Microscopic and spectroscopic investigation of the carbon spheres after the tribological experiments illustrated their excellent mechanical and chemical stability. Coefficient of friction and sliding speed versus time for neat oil and 3.0 CS-Oil using POD apparatus under (a) 22.2

2015 194

Upcycling polyethylene plastic waste into lubricant oils

Green Car Congress

Researchers in the US have developed a catalytic upcycling process using platinum nanoparticles supported on perovskites to convert single-use polyethylene (PE) (such as grocery bags) into value-added high-quality liquid products (such as motor oils and waxes). At moderate pressure and temperature, this catalyst cleaved carbon-carbon bonds in polyethylene to produce high-quality liquid hydrocarbons. Catalysts Lubricating Oils Plastics Recycling

2019 150

Study suggests microbe produces methane from crude oil all by itself

Green Car Congress

Crude oil and gas naturally escape from the seabed in many places known as seeps. This microbe, an archaeon named Methanoliparia , transforms the hydrocarbons by a process called alkane disproportionation: it splits the oil into methane (CH 4) and carbon dioxide (CO 2 ). Epifluorescence microscopy picture of Methanoliparia-cells attached to a droplet of oil. (© Max Planck Institute for Marine Microbiology). Biotech Natural Gas Oil Ports and Marine

2019 229

Greenergy opts for Haldor Topsoe’s HydroFlex technology to produce low-carbon fuels from waste tires

Green Car Congress

Greenergy will invest in Front End Engineering Design (FEED) of a project to produce low-carbon transportation fuels from waste tires. This project will be the first of its kind to use waste tires as feedstock for low-carbon, low-sulfur fuel production.

Waste 323

Nacero to invest $6B in low- and zero-carbon fuels plant in PA; Nacero Blue and Nacero Green

Green Car Congress

Texas-based fuel company Nacero ( earlier post ) will build its second low- and zero-carbon fuels plant in Newport Township, Pennsylvania. The new manufacturing facility will produce low- and zero-lifecycle carbon footprint gasoline blendstock made from natural gas and renewable natural gas. Nacero Blue Gasoline is made from natural gas using renewable power and carbon capture. Nacero Green can reduce the lifecycle carbon footprint of a vehicle’s fuel down to zero or below.

Carbon 257

BNL team uses nc-AFM to find sulfur and nitrogen atoms in crude oil molecules

Green Car Congress

Researchers from the Center for Functional Nanomaterials at Brookhaven National Laboratory and users from ExxonMobil have developed a new approach to identifying atoms that are neither carbon nor hydrogen within a specific type of molecule in crude oil. Emissions Fuels Oil

2019 226

The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. International oil companies (IOCs) are likely to face a Black Swan scenario, which could end up being a boon for state-owned oil companies (NOCs). Lower oil supply will push up prices if demand continues to grow.

2019 196

Kawasaki, Subaru, Toyota, Mazda, and Yamaha partner on producing, transporting, and using carbon-neutral fuels, including hydrogen

Green Car Congress

jointly announced that, toward the achievement of carbon neutrality, they will take on the challenge of expanding fuel options through the use of internal combustion engines at the (three-hour) Super Taikyu Race in Okayama on 13-14 November. Participating in races using carbon-neutral fuels.

Mazda 316