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

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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. Proton Technologies is commercializing the process.

Oil-Sands 375
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Huge Backlog Could Trigger New Wave Of Shale Oil

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Some level of DUCs is normal, but the ballooning number of uncompleted wells has repeatedly fueled speculation that a sudden rush of new supply might come if companies shift those wells into production. The latest crash in oil prices once again raises this prospect. production levels. DUCs may keep U.S.

Oil 236
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Tesla’s Elon Musk en route to Norway to speak at 2022 Offshore Northern Shore conference

Teslarati

Elon Musk is poised to speak at the 2022 Offshore Northern Shore (ONS) conference in Stavanger, Norway, which will be held from August 29 to September 1, 2022. Musk’s appearance at the 2022 ONS conference has been announced by the event’s organizers themselves. The 2022 ONS conference promises to be an important event.

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ARPA-E selects SwRI to create more effective burner to reduce methane emissions

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of the methane encountered during oil production. of the methane in gas flares used by the oil and gas industry. It is one of several projects funded in support of the US Methane Emissions Reduction Action Plan, announced at the 2021 United Nations Climate Change Conference (COP26).

Emissions 434
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Dresser-Rand to display biogas engines at WISA conference

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Dresser-Rand will showcase its Guascor biogas engines—with ratings from 140 to 1240 kW—to visitors attending the Water Institute of Southern Africa (WISA) Biennial Conference & Exhibition 2014. Dresser-Rand is among the largest suppliers of rotating equipment solutions worldwide.

Engine 236
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Big Oil Betting On Electric Vehicles

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Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Maybe even decline. ”.

Oil 218
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With oil prices low, early signs of a pullback in drilling activity

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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.