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New Review Concludes Very Low EROI of Oil Shale Combined with High Carbon Intensity Likely Makes it an Unsuitable Alternative to Conventional Crude Oil

Green Car Congress

A comparison of estimates of the energy return on investment (EROI) at the wellhead for conventional crude oil, or for crude product prior to refining for oil shale. Source: Cleveland and O’Connor. Oil shale” is shale containing kerogen, a combination of chemical compounds that can be converted into synthetic petroleum.

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ExxonMobil discovers oil and gas in Argentina shale well; expands presence in Permian shale in US

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ExxonMobil Exploration Argentina, jointly with Gas y Petróleo del Neuquén, has discovered oil and gas in an unconventional shale well in Neuquén Province of Argentina. The well was completed in the Vaca Muerta formation and flowed at an average rate of 770 barrels of oil a day on a 12/64 inch choke in its first flow test.

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US average retail gasoline prices ended 2017 lower than they started

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Rising crude oil prices and high levels of gasoline demand contributed to rising gasoline prices from January through May. Midwest (Chicago and Cleveland). Prices in Chicago were higher than prices in Cleveland and the Midwest regional average in every week during 2018. gal at least once in 2018. gal to $2.91/gal

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Ford advancing 3D sand printing

Green Car Congress

Cast aluminum oil filtration adaptors, exhaust manifolds, differential carrier, brake rotors, oil pan, differential case casting and even rear axles were prototyped with the technology, specifically utilizing selective laser sintering, stereolithography and 3D sand casting. liter EcoBoost built in Cleveland and used in F-150.

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ExxonMobil expanding position in Permian Basin

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—Randy Cleveland, president, XTO Energy. million net acres, with net oil-equivalent production exceeding 115,000 barrels per day. We expect to drive continued improvements in productivity and cost as we develop our substantial inventory of wells across the multiple stacked pays.

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Researchers determine specific rates of biodegradation for 125 petroleum compounds in Deepwater Horizon spill

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The oil discharged into the Gulf of Mexico following the explosion and sinking of the Deepwater Horizon (DWH) rig in 2010 contaminated more than 1,000 square miles of seafloor. The complexity of the event has made it difficult for scientists to determine the long-term fate of oil in this ocean environment.

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Alcoa expands R&D Center to deepen additive manufacturing capabilities; Ampliforge process

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Alcoa is piloting the technique in Pittsburgh and Cleveland. Through the recent RTI acquisition, Alcoa gained 3D printing capabilities in titanium, other specialty metals and plastics for the aerospace, oil and gas and medical markets.