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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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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. Source: Chevron. Here, Chevron has reduced its steam:oil ratio (i.e.,

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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. Quest is now operating at commercial scale after successful testing earlier this year, during which it captured and stored more than 200,000 tonnes of CO 2.

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Pike Research scores Shell, BP highest in assessment of oil majors’ commercialization of biofuels

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Pike Pulse Grid for oil majors commercializing biofuels. With the cost of meeting those emerging mandates over the next decade estimated at $336 billion, access to the oil industry’s capital and expertise will be critical to scaling up biofuels production. Source: Pike Research. Click to enlarge. Click to enlarge.

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

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The ranges of the levelized cost of driving (LCD) and cost of avoided carbon are narrower for the future technology pathways, reflecting the expected economic competitiveness of these alternative vehicles and fuels. transportation sector. automotive and energy industries. automotive and energy industries.

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. will prepare an initial engineering design study to use commercial-scale membrane CO 2 capture technology at the CEMEX Balcones cement plant in New Braunfels, TX. Chevron USA.

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LS9 collaborating with MAN Latin America to test UltraClean renewable diesel in Brazil

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Through this alliance, we intend to further demonstrate the high quality of our drop-in biofuels for the Brazil market, and to move closer to the commercialization of LS9 UltraClean Diesel. —Ed Dineen, CEO of LS9. We want to offer more renewable and alternative fuels to our clients in Brazil and in other Latin American countries.

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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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The report comes as oil majors like ExxonMobil, Chevron and Shell, and other companies, are developing at least a couple dozen oil shale and CTL projects, including 12 CTL facilities projected to produce 170 million barrels of liquid fuels per year at a cost of $2 billion to $7 billion per plant. Earlier post.).

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