Green Car Congress

APRIL 18, 2012

USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of the world. These new estimates are for conventional oil and gas resources only. These estimates include resources beneath both onshore and offshore areas.

Oil 218

Oil Oil-Sands Gas Global 218

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

JUNE 1, 2017

Royal Dutch Shell plc announced the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) that will see Shell sell all its in-situ and undeveloped oil sands interests in Canada and reduce its share in the Athabasca Oil Sands Project (AOSP) from 60% to 10%.

Oil-Sands 170

Oil-Sands Canada Oil Chevron 170

Green Car Congress

MAY 12, 2021

One of the planned pilot projects, funded cooperatively by the DOE Office of Fossil Energy with industry cost share, combines the resources of the oil and gas industry with PNNL’s technology. Oil and gas extraction across the US and Canada pumps subsurface water to the surface as part of the extraction process.

New Zealand 403

New Zealand Water Corporation Canada 403

Green Car Congress

MAY 22, 2020

Due to the collapse in oil prices, IHS Markit expects US producers are in the process of curtailing about 1.75 The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action. However, nearly 1.4

Oil 186

Oil Canada Oil-Sands Production 186

Green Car Congress

JULY 8, 2023

Indian Oil Corporation and Praj Industries signed a term sheet to advance plans to strengthen biofuels production capacities in India. Various biofuels covered under this MoU include Sustainable Aviation Fuel (SAF), ethanol, compressed bio-gas (CBG), biodiesel and bio-bitumen among others.

India 150

India Building Production Oil 150

Green Car Congress

JANUARY 28, 2014

The California Air Resources Board announced nearly $1 million in penalties against 3 companies for late or inaccurate reporting of their greenhouse gas emissions for 2011. This action marks the second time the Air Resources Board has issued fines for violations of California’s Mandatory Greenhouse Gas Emissions Reporting regulation.

Las Vegas 246

Las Vegas California Emissions Chevron 246

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

JANUARY 5, 2013

Exxon Mobil Corporation will develop the Hebron oil field offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million barrels of oil, an increase from earlier estimates. The platform is being designed for daily production of 150,000 barrels of oil.

Oil 356

Oil Chevron Canada Corporation 356

Green Car Congress

SEPTEMBER 7, 2011

The well results confirm a significant resource extension for the Mad Dog Field complex, which includes the existing field, in production since 2005, and appraisal drilling of the Mad Dog South field in 2008 and 2009. interest, Chevron Corporation, through its subsidiary Union Oil Company of California, has a 15.6%

Mexico 220

Mexico Oil Oil-Sands Chevron 220

Green Car Congress

SEPTEMBER 26, 2014

Neste Oil Singapore Pte Ltd and National Oxygen Pte Ltd (NOX), one of the one of the largest industrial gas manufacturers in Singapore, have signed an agreement to install a carbon dioxide recovery and liquefaction plant at Neste Oil’s renewable diesel (NExBTL) refinery in Singapore.

Singapore 218

Singapore Oil Renewable Diesel 218

Green Car Congress

APRIL 3, 2013

JOGMEC (Japan Oil Gas and Metals National Corporation); Cutbank Dawson Gas Resources Ltd. JOGMEC, CDGR and Encana will conduct integrated core analysis, geomechanical and seismic studies by using data from the CRP unconventional gas asset.

Mitsubishi 225

Mitsubishi Canada Gas North America 225

Green Car Congress

SEPTEMBER 14, 2009

Chevron Australia Pty Ltd, a subsidiary of Chevron Corporation, will proceed with the development of the large Gorgon natural gas project offshore Western Australia. The Greater Gorgon Area—comprising the Jansz and Gorgon fields—has projected natural gas resources equivalent to 6.7 billion barrels of oil (boe).

Chevron 186

Chevron Gas Oil Australia 186

Green Car Congress

NOVEMBER 15, 2011

Anadarko Petroleum Corporation provided an update on its Horizontal Niobrara and Codell drilling program in the Wattenberg field (Wattenberg HZ) of northeastern Colorado. billion BOE (barrels of oil equivalent); and it’s located right in the heart of one of our existing core areas. Net resources: 500 million - 1.5 billion BOE.

Colorado 199

Colorado Oil Denver Grant 199

Green Car Congress

OCTOBER 10, 2011

China’s Sinopec International Petroleum Exploration and Production Corporation will purchase of all of the issued and outstanding common shares of Daylight Energy Ltd., 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

Oil 170

Oil Gas Buy 2011 170

Green Car Congress

AUGUST 6, 2014

Houston-based Biofuels Power Corporation ( BFLS ) has signed a letter of intent with ThyssenKrupp Industrial Solutions (Africa) (Pty) Ltd and Liberty GTL, Inc. to build a small-scale gas-to-liquid demonstration facility in Houston. BFLS originally intended to develop biofuel-fired power projects.

Houston 247

Houston Gas Building Power 247

Green Car Congress

JANUARY 7, 2018

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. The country was under explored and no significant oil discoveries were made until 2015.

Guyana 150

Guyana Oil South America Suriname 150

Green Car Congress

APRIL 30, 2013

John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. There will not be enough oil to stay on the path we’re on globally over the short- and medium-, let alone the long-term. We need a competitor for oil.

Alternative Fuels 295

Alternative Fuels Oil Transportation Fuel 295

Green Car Congress

JULY 4, 2023

China Petroleum & Chemical Corporation (Sinopec) announced that the Green Hydrogen Pilot Project in Xinjiang Uygur Autonomous Region in northwest China, has begun producing green hydrogen to replace natural-gas-based hydrogen in its refinery in Xinjiang. million tons per year, gasoline and diesel hydro-fining capacity of 2.4

Hydrogen 195

Hydrogen Green Mongolia China 195

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. Superior transparency and improved investor focus.

Oil 210

Oil Oil-Sands Houston Corporation 210

Green Car Congress

APRIL 3, 2012

Oil and Natural Gas Corporation Limited, India and ConocoPhillips have signed a Memorandum of Understanding (MoU) for cooperation in exploration and development of shale resources in India, North America and elsewhere.

Gas 231

Gas North America India America 231

Green Car Congress

DECEMBER 14, 2009

Exxon Mobil Corporation is acquiring XTO Energy Inc. 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. in an all-stock transaction valued at $41 billion.

Oil 186

Oil Fort Worth West Virginia Gas 186

Green Car Congress

APRIL 13, 2014

an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. Canada-based CO 2 Solutions Inc., CO 2 Solutions’ technology platform uses carbonic anhydrase to accelerate the capture of CO 2 with energy-efficient solvents.

Oil-Sands 240

Oil-Sands Oil Carbon CO2 240

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 13, 2015

Stanford University has launched a new research initiative to study comprehensively the development and use of natural gas. The new program will expand Stanford’s research on energy and the environment by focusing additional resources on the growing importance of natural gas. —Mark Zoback.

Gas 150

Gas Asia Mercury Chevron 150

Green Car Congress

JULY 20, 2010

Marathon Oil Corporation announced that its Droshky development in the deepwater Gulf of Mexico has begun production on time and under budget. This marks the first new deepwater production since the Obama Administration halted drilling after the Deepwater Horizon accident.

Mexico 307

Mexico Oil Obama 2009 307

Green Car Congress

JUNE 20, 2011

Repsol and Alliance Oil Company have signed a Memorandum of Understanding to form a joint exploration and production (E&P) venture that will serve as a growth platform for both companies in the Russian Federation, the world’s largest oil and gas producer. Repsol also owns a 74.9%

Russia 210

Russia Oil Saudi Arabia Kazakhstan 210

Green Car Congress

JUNE 12, 2012

A technology and energy production consortium has successfully completed initial proof-of-concept testing of a novel oil sands extraction method that has the potential to improve environmental performance and reduce development costs. The consortium of Laricina Energy, Nexen Inc., Approximately 1.6

Oil-Sands 231

Oil-Sands Oil Water Climate Change 231

Green Car Congress

JUNE 8, 2011

Exxon Mobil Corporation announced two major oil discoveries and a gas discovery in the deepwater Gulf of Mexico after drilling the company’s first post-moratorium deepwater exploration well. The KC919-3 wildcat well confirmed the presence of a second oil accumulation in Keathley Canyon block 919. Click to enlarge.

Mexico 186

Mexico Oil Water Gas 186

Green Car Congress

JULY 20, 2011

an indirect wholly-owned subsidiary of CNOOC, will acquire oil sands producer OPTI Canada Inc for approximately US$2.1 The principal asset of OPTI consists of a 35% working interest in the Long Lake and three other oil sands project areas located in the Athabasca region of northeastern Alberta. CNOOC Luxembourg S.a

Oil-Sands 218

Oil-Sands Oil China Canada 218

Green Car Congress

DECEMBER 23, 2021

and China Petrochemical Corporation (Sinopec Group) have formed a 50:50 joint venture: Cummins Enze (Guangdong) Hydrogen Technology Co., We will use Sinopec’s current industry resources and lay out the green hydrogen industry chain to achieve greater progress. Cummins Inc.

Hydrogen 321

Hydrogen China Green Industrial 321

Green Car Congress

SEPTEMBER 17, 2013

Estimated inventories of methane emissions from the natural gas production sector, excluding processing and transmission. A team of researchers from UT Austin’s Cockrell School of Engineering and environmental testing firms URS and Aerodyne Research completed measurements at 190 natural gas production sites across the United States.

Austin 218

Austin Gas Emissions Production 218

Green Car Congress

SEPTEMBER 5, 2022

South Africa-based Sasol and Japan-based ITOCHU Corporation have signed a Memorandum of Understanding (MoU) jointly to study and to develop the market and supply chain for green ammonia with a focus on its use as bunkering fuel and for power generation. The product can also be cracked back to hydrogen gas for further applications.

South Africa 186

South Africa Hydrogen Green Africa 186

Green Car Congress

OCTOBER 29, 2012

Neste Oil—the world’s largest producer of renewable diesel—has launched the commercial production and sales of renewable naphtha for corporate customers; the company is one of the first to supply bio-naphtha on a commercial scale. vegetable oils) to green fuels (the core of the NExBTL process), Sotelo-Boyás et al.

Renewable 262

Renewable Oil Gasoline Sale 262

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

MAY 14, 2010

Penn West Energy Trust has entered into an agreement with a wholly-owned subsidiary of the China Investment Corporation (CIC) to form a joint venture that will develop Penn West’s bitumen assets located in the Peace River area of northern Alberta. CIC has also agreed to purchase trust units of Penn West on a private placement basis.

Oil-Sands 186

Oil-Sands Oil China North America 186

Green Car Congress

NOVEMBER 23, 2010

Italy-based oil and gas major Eni and PDVSA (Petróleos de Venezuela), the state-owned oil and gas corporation of the Bolivarian Republic of Venezuela, signed contracts for the creation of two joint ventures (Empresas Mixtas, Mixed Enterprises). billion barrels of oil equivalent). billion of net reserves.

Venezuela 218

Venezuela Oil 2009 Gas 218