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

NOVEMBER 26, 2015

Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. Goldman Sachs is once again raising the possibility of oil dipping into the $20s per barrel. Many companies have already slashed spending and culled their payrolls, but the total number of job losses continues to climb.

Texas 150

Texas Oil Oil Prices Mexico 150

Green Car Congress

NOVEMBER 16, 2016

The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 This estimate is for continuous (unconventional) oil, and consists of undiscovered, technically recoverable resources.

Oil 150

Oil Texas United States Delaware 150

Baua Electric

APRIL 22, 2024

Tesla has used a new Texas state law to exempt its Austin gigafactory from Austin’s environmental regulations, as reported by Austin Business Journal. Tesla’s Texas gigafactory is commonly referred to as being in Austin, but it is actually situated not far outside the city’s official borders.

Texas 52

Texas Austin Tesla Water 52

Green Car Congress

JANUARY 30, 2016

Shell Oil Company has signed an agreement with Ryder System for 15 liquefied natural gas (LNG) heavy-duty vehicles supporting oil and gas logistics operations in Lafayette, La. and Houston, Texas. Ryder Dedicated Transportation Solutions has more than 200 customers in the oil and gas sector. service locations.

Louisiana 150

Louisiana Texas Oil Diesel 150

Green Car Congress

FEBRUARY 1, 2021

Darling and Valero jointly announced that their 50/50 joint venture, Diamond Green Diesel (DGD), has received approval from both companies’ Boards of Directors to proceed with the construction of the renewable diesel production facility to be located at Valero’s Port Arthur, Texas refinery. billion pounds of used cooking oil annually.

Diesel 397

Diesel Renewable Green San Antonio 397

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

NOVEMBER 14, 2014

With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30 percent since summer highs, raising fears among producers across the globe. Yet, many oil majors are relatively diversified, with large holdings downstream.

Oil Prices 268

Oil Prices Oil Price Chevron 268

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

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

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 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. Anadarko Production Company and Shell Exploration and Production Company have both agreed to host the test site on their acreage.

Oil 150

Oil Gas Virginia Delaware 150

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

AUGUST 14, 2021

This hydrogen is currently sold back to refineries and other industries where it is used to remove impurities such as sulfur during the refining process. Captured CO 2 can be directed to industries that require it for production, such as steel, or that assimilate it, such as cement.

San Antonio 170

San Antonio Hydrogen Convert Mexico 170

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

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

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. billion cubic feet per day.

Hydrogen 281

Hydrogen Carbon Production Houston 281

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 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

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

OCTOBER 15, 2021

Air Products is a world-leading industrial gas company that produces and transports hydrogen and other essential industrial gases to many customer facilities in Louisiana, across the US Gulf Coast and around the world. Louisiana Governor John Bel Edwards and Air Products Chairman, President, and CEO Seifi Ghasemi announced a $4.5-billion

Louisiana 391

Louisiana Hydrogen Clean Cleaning 391

Green Car Congress

DECEMBER 8, 2020

US motorists stayed off the road during the Thanksgiving holiday in overwhelming numbers as the coronavirus surged across the country, according to the latest weekly survey of retail fuel stations by OPIS, an IHS Markit company. A persistent rebound in global oil markets requires profitability in transportation products.

Gasoline 321

Gasoline 2020 Wyoming New Jersey 321

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

Green Car Congress

MAY 9, 2012

Algae technology company OriginOil, Inc. has signed a memorandum of understanding with California-based PACE to collaborate with oil field operators in Texas and elsewhere to improve petroleum recovery and water cleaning for re-use at well sites, using a process it originally developed for algae harvesting. April 2012.

Water 210

Water Oil Commercial Texas 210

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.

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El Paso 2011 Oil Gas 225

Green Car Congress

AUGUST 31, 2016

The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas. The West Texas shale basin has captured two-thirds of the 90 oil rigs that have been added since hitting a nadir in May. by Nick Cunningham of Oilprice.com.

Oil Prices 170

Oil Prices Oil Fort Worth Texas 170

Green Car Congress

SEPTEMBER 20, 2011

International energy company Statoil and the University of Texas at Austin (UT) have signed an Energy Partnership agreement providing the university with an annual funding of US$1 million for 5 years. However, the oil and gas industry is changing with more complex technological challenges.

Universal 186

Universal Texas Norway Houston 186

Green Car Congress

MAY 13, 2013

Air Products heralded the successful operation of a US Department of Energy (DOE) demonstration project that will capture approximately one million tons of carbon dioxide (CO 2 ) from hydrogen production for use in an enhanced oil recovery project in which DOE anticipates an additional estimated 1.6-3.1 Click to enlarge.

Oil 186

Oil Hydrogen CO2 Production 186

Green Car Congress

JANUARY 28, 2021

The project will convert an existing hydrocracker for the production of low-carbon renewable diesel from soybean oil, resulting in a reduction of greenhouse gas emissions compared to hydrocarbon diesel. Construction work has begun for the $110-million project, scheduled to be completed in July 2021. We are very proud that CVR Energy, Inc.

Renewable 221

Renewable Diesel Energy Production 221

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 million in federal funds.

Oil 225

Oil Gas Oil-Sands Illinois 225

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

SEPTEMBER 2, 2009

The USW says it will discuss other alternatives to the use of hydrogen fluoride with the industry and if necessary will work through the regulatory agencies and Congress to get the issue resolved. On 19 July, hydrogen fluoride was released during a fire at Citgo’s east refinery in Corpus Christi, Texas. In a 13 Aug.

Hydrogen 236

Hydrogen Industrial Industry Oil 236

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

SEPTEMBER 8, 2014

Researchers at Southwest Research Institute (SwRI) and The University of Texas at San Antonio (UTSA) have determined that biochar, a substance produced from plant matter, is a safe, effective and inexpensive method to treat flowback water following hydraulic fracturing, or fracking. —Zhigang Feng, USTA.

Water 257

Water Low Cost Oil-Sands San Antonio 257

Green Car Congress

AUGUST 3, 2016

North American quantum dot manufacturer Quantum Materials Corporation has partnered with a Texas-based E&P technology business and is currently developing specialized nanomaterials for use in oil and gas well production optimization. —Sri Peruvemba, CEO of Quantum Materials.

Oil 150

Oil Texas 2016 Corporation 150

Green Car Congress

OCTOBER 3, 2009

billion from the American Recovery and Reinvestment Act for the capture carbon dioxide from industrial sources for storage or beneficial use. Steven Chu, Science Large-scale industrial carbon capture and storage selections (by amount of DOE award) include: ConocoPhillips. Shell Chemical Capital Company. DOE Share: $3,014,666).

Carbon 210

Carbon Industrial Industry Coal 210

Green Car Congress

MAY 7, 2014

Weir Oil & Gas and the Rolls-Royce Power Systems company MTU have signed an agreement to develop power systems specifically engineered for hydraulic fracturing. Weir is the leading manufacturer of hydraulic fracturing pumps, and MTU is a market leader in heavy-duty industrial diesel engines.

Power 199

Power Powered Houston Oil 199