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Venezuela

IHS-CERA concludes “no material impact” on US GHG from Keystone XL; heavy crude from Venezuela most likely replacement

Green Car Congress

AUGUST 9, 2013

The study also found that any absence of oil sands on the US Gulf Coast would most likely be replaced by imports of heavy crude oil from Venezuela, which has the same carbon footprint as oilsands crude. the decision on Keystone XL may ultimately boil down to a determination of oil market share between Canada and Venezuela.

Venezuela

Venezuela Oil-Sands Oil Canada

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

JUNE 23, 2011

Per-well oil production at Kern River is low—the average is 8 barrels of oil per well per day—but there are more than 9,000 production wells in operation in the field. Chevron’s heavy oil interests also include the oil sands in Canada and in the deepwater Brazil.

Chevron

Chevron Oil Oil-Sands Production

EV Driven

IHS-CERA concludes “no material impact” on US GHG from Keystone XL; heavy crude from Venezuela most likely replacement

Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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