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US EIA: US crude oil production fell by 8% in 2020, the largest annual decrease on record

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US crude oil production averaged 11.3 million b/d in 2019, according to the US Energy Information Administration (EIA). The production decline resulted from reduced drilling activity related to low oil prices in 2020. The production decline resulted from reduced drilling activity related to low oil prices in 2020.

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EIA: proved reserves of US natural gas established a new record; oil reserves increased by 16% at the end of 2021

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In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). per barrel in 2020 to $66.26 per barrel in 2021. billion barrels) from 16.7

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As states continue to use less coal for electricity, driving electric vehicles becomes even cleaner

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Battery electric vehicles are only as clean as the energy source used to generate the electricity that powers them. The calculated relative amounts of well-to-wheels emissions of greenhouse gases from eight different energy sources are shown in the table below. Energy source. New Mexico. New Mexico Ohio.

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EIA: Permian region expected to drive US crude oil production growth through 2019

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The US Energy Information Administration (EIA) August Short-Term Energy Outlook (STEO) forecasts that US crude oil production will average 10.7 Source: US Energy Information Administration, Short-Term Energy Outlook, August 2018. Source: US Energy Information Administration, Short-Term Energy Outlook, August 2018.

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Tesoro to purchase algae-derived green crude oil from Sapphire Energy

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Sapphire Energy has entered into a commercial agreement with Tesoro Refining and Marketing Company, LLC, a subsidiary of Tesoro Corporation. This begins the first step of a commercial relationship to process Green Crude oil from Sapphire’s future commercial facilities.

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HF Sinclair selects Topsoe’s HydroFlex technology to produce renewable diesel at three facilities in US

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HF Sinclair selected Topsoe as a technology provider for the production of renewable fuels at three facilities: Sinclair, Wyoming; Cheyenne, Wyoming; and Artesia, New Mexico. Through its subsidiaries, it operates seven complex refineries with a total processing capacity of 678,000 barrels per day of crude oil.

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Sapphire Energy and Linde Group to commercialize hydrothermal treatment technology used to upgrade algae into crude oil

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Sapphire Energy, Inc. and The Linde Group will expand their partnership to commercialize a new industrial-scale conversion technology needed to upgrade algae biomass into crude oil. Together, the companies will refine the hydrothermal treatment process developed and operated today by Sapphire Energy at pilot-scale.

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