Green Car Congress

JULY 27, 2018

BP has agreed to acquire a portfolio of world-class unconventional oil and gas assets from BHP. The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana.

Oil 150

Oil Gas Alaska Delaware 150

Green Car Congress

JANUARY 3, 2018

The US Department of Energy (DOE) has selected six projects to receive approximately $30 million in federal funding for cost-shared research and development in unconventional oil and natural gas (UOG) recovery. The Institute of Gas Technology. Texas A&M Engineering Experiment Station. Selected UOG projects. Description.

Oil 150

Oil Gas Virginia Delaware 150

Teslarati

FEBRUARY 25, 2022

Tesla’s ( NASDAQ: TSLA ) plans to expand its production capacity, along with other factors like surging oil prices that could sway consumers to electric vehicles, have contributed to Daiwa Securities analysts upgrading their outlook on the automaker’s stock. The factory in Shanghai manufactured 51.7

Oil Prices 141

Oil Prices Oil Price Production 141

Green Car Congress

DECEMBER 5, 2014

The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns. by Nick Cunningham of Oilprice.com.

Oil Prices 270

Oil Prices Oil Price North Dakota 270

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 186

2017 Papua New Guinea Oil Guyana 186

Green Car Congress

OCTOBER 23, 2014

The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes. There were 19 oil rigs that were removed from operation as of Oct. There are now 1,590 active oil rigs, the lowest level in six weeks.

Oil Prices 247

Oil Prices Oil Saudi Arabia Oil-Sands 247

Green Car Congress

APRIL 18, 2023

Chevron (as well as fellow oil major ExxonMobil) has been developing co-processing—adding biomass-derived feedstocks to the fossil-based feedstocks of existing petroleum refinery process units—as a way to produce fuels with increased renewable content more cost-effectively.

Chevron 446

Chevron Gasoline Renewable Toyota 446

Green Car Congress

MARCH 18, 2015

Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for water: that precious element that both resolves the drought problem and also makes it possible to pump more oil out of the ground. by James Stafford of Oilprice.com.

Water 150

Water Texas Oil Mexico 150

Green Car Congress

NOVEMBER 5, 2012

A research team led by The University of Texas at Austin, and including engineering and environmental testing firms URS and Aerodyne Research, is conducting a major field study to measure methane emissions from natural gas production, about which little empirical data exist.

Austin 210

Austin Universal Texas Gas 210

Green Car Congress

AUGUST 5, 2016

Under California’s Low Carbon Fuel Standard (LCFS), crude oil producers may generate credits for oil that has been produced using innovative methods and delivered to California refineries for processing. Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity.

Oil 150

Oil Solar California Chevron 150

Green Car Congress

DECEMBER 3, 2021

The US Department of Energy (DOE) announced $35 million in funding for twelve projects focused on developing technologies to reduce methane emissions in the oil, gas, and coal industries. Natural Gas Engines. Selection amount: $3,257,089). This would simultaneously reduce methane emissions and improve engine efficiency.

Gas 186

Gas Emissions Engine Coal 186

Green Car Congress

NOVEMBER 23, 2011

has partnered with KKR to buy most of privately-owned US oil and gas firm Samson Investment Co. aiming to start exporting liquefied natural gas to Japan as early as 2015. The company will initially sell shale gas in North America with an eye toward eventually exporting it to Japan and other parts of Asia.

Japan 210

Japan 2015 Buy Oil 210

Green Car Congress

AUGUST 2, 2011

The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected 11 research projects that will help find ways to extract more energy from unconventional oil and gas resources while reducing environmental risks for awards totalling $12.4 The selections include $10.3 The selections include $10.3

Oil 225

Oil Gas Oil-Sands Illinois 225

Creative Greenius

MARCH 4, 2010

China “could not and should not&# set an upper limit on greenhouse gas emissions at the current phase, said Su Wei, the chief negotiator of China for climate change talks in Copenhagen, at a meeting in Beijing on China’s climate change policies in the post-Copenhagen era. They want to take the money and run.

Texas 220

Texas Pollution Climate Change CO2 220

Green Car Congress

NOVEMBER 6, 2014

Greyrock Energy, a company transforming natural gas into premium transportation fuels ( earlier post ), announced a final investment decision (FID) to build a small-scale Gas-to-Liquids (GTL) facility near Houston, Texas. Bolin, Chairman, Eagle Oil & Gas. —Pat S.

Houston 225

Houston Gas Building Dallas 225

Green Car Congress

JULY 13, 2016

The rig count has rebounded from the lows seen in late May, a small indication that oil companies in the US could begin drilling anew. Because of this, the collective US shale industry has been likened to the new “swing producer”: low oil prices force quick cutbacks but higher prices trigger new supplies.

Oil 150

Oil Industrial Industry Oil Prices 150

Green Car Congress

JANUARY 16, 2012

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. We expect continued strong activity in oil and liquids-rich resource plays in 2012.

El Paso 225

El Paso 2011 Oil Gas 225

Green Car Congress

JUNE 27, 2018

During the last three years, companies operating in the Permian basin have drilled much longer laterals and used substantially more complex well completion design in their newer wells with the aim of reaching higher initial production (IP) rates. On 25 June, the price of a 42-gallon barrel of West Texas Intermediate Crude (WTI) was $68.08.

Oil 236

Oil Chevron Texas New Mexico 236

Green Car Congress

AUGUST 14, 2021

Javelina controls approximately sixty million cubic feet per day (MMcf/d) of hydrogen production through a combination of hydrogen entrained in the refineries’ waste gas that the facility processes, and hydrogen produced through a steam methane reformer process. Howard closed on the purchase of Javelina in February of this year.

San Antonio 170

San Antonio Hydrogen Convert Mexico 170

Green Car Congress

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. per million Btu (MMBtu).

Argentina 150

Argentina Oil Oil Prices Chevron 150

Green Car Congress

JANUARY 21, 2015

US oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending. That pushed companies to focus on wet gas and oil.

Oil Prices 150

Oil Prices Oil Price Mexico 150

Green Car Congress

OCTOBER 10, 2011

a Canadian intermediate oil and liquids-rich natural gas producing company with a suite of resource assets in Western Canada, for approximately C$2.2 In addition, Daylight has been actively drilling light oil in. Eagle Ford shale development in Texas. billion (US$2.13 billion) in cash.

Oil 170

Oil Gas Buy 2011 170

Green Car Congress

JULY 23, 2018

GTI (Gas Technology Institue) is leading a high-profile program on Hydraulic Fracturing Test Sites (HFTS) in the Permian Basin, bringing together government and industry to improve recovery, continue enhancing environmentally responsible methods of optimizing production, and lowering costs in the Midland and Delaware Basins.

Delaware 210

Delaware Production Texas New Mexico 210

Green Car Congress

JULY 22, 2011

Summit Power Group, LLC and Blue Strategies, LLC have signed a 15-year CO 2 offtake agreement with Whiting Petroleum Corporation for some of the CO 2 that will be captured by Summit’s Texas Clean Energy Project ( TCEP ), a coal gasification with carbon capture polygen project being developed in Penwell, Texas, outside Odessa.

Coal 186

Coal Texas Oil CO2 186

Green Car Congress

JULY 24, 2012

Researchers at the Goodyear Tire & Rubber Company have found in their tests that using soybean oil in tires can potentially increase tread life by 10% and reduce the tiremaker’s use of petroleum-based oil by up to seven million gallons each year.

Oil 231

Oil Oklahoma Michigan Texas 231

Green Car Congress

DECEMBER 14, 2009

The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. XTO’s resource base is the equivalent of 45 trillion cubic feet of gas and includes shale gas, tight gas, coal bed methane and shale oil.

Oil 186

Oil Fort Worth West Virginia Gas 186

Green Car Congress

MAY 27, 2015

Industria e Comercio, unveiled two new 100% renewable base oil—the main component of motor oils—products: a renewable polyalphaolefin (PAO) Group IV and a renewable version of its NovaSpec Group III+ base oil. The new base oil products add to Novvi’s growing portfolio of renewable oils.

Oil 150

Oil Renewable Texas Houston 150

Green Car Congress

JANUARY 15, 2011

The Board of Directors of Marathon Oil Corporation has approved moving forward with plans to spin off Marathon’s downstream business, creating two independent energy companies. Marathon Oil Corporation (MRO) will be a global upstream company based in Houston, Texas.

Oil 210

Oil Oil-Sands Houston Corporation 210

Green Car Congress

JANUARY 6, 2012

Marubeni Corporation announced that Marubeni Eagle Ford Limited Partnership, a US subsidiary of Marubeni, has entered into an agreement with Dallas based Hunt Oil Company to acquire a 35% working interest in the Eagle Ford shale oil and gas play covering approximately 52,000 net acres of oil and gas leases located in Texas.

Oil 186

Oil Ford Qatar Dallas 186

Green Car Congress

JUNE 1, 2012

Motiva, the joint venture between Shell and Saudi Aramco, marked the completion of a five-year construction project that more than doubled the daily processing capacity of the Motiva Refinery in Port Arthur, Texas to 600,000 barrels of crude. Light ends-Naphtha is processed in the Saturates Gas Plant which is integrated on the VPS plot.

Texas 210

Texas Oil Gas Light 210

Green Car Congress

FEBRUARY 14, 2013

According to an analysis by the US Energy Information Administration (EIA), planned additions over the next two years to the US crude oil pipeline infrastructure should relieve the bottleneck at Cushing, Oklahoma which has been caused by the oversupply of oil resulting from the growth of crude oil production in the US mid-continent and Canada.

Oil 220

Oil Illinois Texas Canada 220

Green Car Congress

FEBRUARY 21, 2012

The US and Mexico have signed an agreement on the exploration and development of oil and natural gas reservoirs along the United States’ and Mexico’s maritime boundary in the Gulf of Mexico. The Transboundary Agreement sets clear guidelines for the development of oil and natural gas reservoirs that cross the maritime boundary.

Mexico 218

Mexico Oil Gas Obama 218

Green Car Congress

MARCH 2, 2022

ExxonMobil is planning a hydrogen production plant and one of the world’s largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown, Texas, supporting efforts to reduce emissions from company operations and local industry. million tons per year. billion cubic feet per day.

Hydrogen 281

Hydrogen Carbon Production Houston 281

Green Car Congress

AUGUST 31, 2011

million to study the effects of the Deepwater Horizon oil spill in the Gulf of Mexico. The GRI Research Board is an independent body established by BP to administer the company’s 10-year, $500 million commitment to independent research into the effects of the Deepwater Horizon incident. Lead Investigator: Edward J.

Mexico 225

Mexico Oil North Carolina Florida 225

Green Car Congress

APRIL 27, 2017

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. Oil discoveries declined to 2.4

Oil 150

Oil 2016 Oil-Sands Global 150

Green Car Congress

MARCH 5, 2015

Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will. In other words, oil is a volatile market, but prices are in a long term upward trend.

Oil Prices 150

Oil Prices Oil Price Saudi Arabia 150

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. In Brazil, the company has acquired 2.3 —Darren Woods.

Papua New Guinea 191

Papua New Guinea Emissions Carbon Guyana 191