Energy, Oil-Sands, Production and Saudi Arabia

ExxonMobil plans five-year investment of $185B to develop new energy supplies; 21 major oil and gas projects to begin production between 2012 and 2014

Green Car Congress

MARCH 8, 2012

Exxon Mobil Corporation plans to invest approximately $185 billion over the next five years to develop new supplies of energy to meet expected growth in demand, Chairman and CEO Rex W. Tillerson said that even with significant efficiency gains, ExxonMobil expects global energy demand to increase by 30% by 2040, compared to 2010 levels.

Saudi Arabia

Saudi Arabia Oil-Sands Oil 2012

Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Green Car Congress

MAY 24, 2017

As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. shale production will continue to grow along with global demand. shale production will continue to grow along with global demand. oil may not be able to fill.

Oil Prices

Oil Prices Oil Saudi Arabia Price

Opinion: Who Will Be Left Standing At The End Of The Oil War?

Green Car Congress

FEBRUARY 25, 2016

Production cost and breakeven figures that analysts enjoy bandying can trap you in bubble of black-and-white mathematics that is a few brush-strokes shy of a full picture. Saudi Arabia and Kuwait enjoy some of the lowest production costs in the world, at about $10 and $8.50, respectively, according to Rystad Energy data.

Saudi Arabia

Saudi Arabia Oil Oil-Sands Iraq

EIA: US importing more crude from Canada, even as total imports falling; 25% of imports in 2011, 28% so far in 2012

Green Car Congress

NOVEMBER 28, 2012

US imports of Canadian crude oil rose to record levels during the first eight months of 2012, with Canada accounting for a growing share of total gross US imports, according to the US Energy Information Administration (EIA). Almost 99% of Canadian oil exports are sent to the US market. million barrels per day.

Canada

Canada Saudi Arabia Oil-Sands 2012

IEA says oil supplies may not keep up with demand

Green Car Congress

NOVEMBER 15, 2014

Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. Global oil demand is expected to increase by 37 percent by 2040, with a dominant proportion of that coming from developing countries—i.e. China and India.

Oil

Oil Iraq Oil-Sands Supplies

Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

Green Car Congress

JUNE 27, 2012

World oil production capacity to 2020 (crude oil and NGLs, excluding biofuels). Oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity could grow by nearly 20% from the current 93 million barrels per day to 110.6

Oil

Oil Oil-Sands Price Production

WRI: global oil consumption hits all-time high

Green Car Congress

AUGUST 15, 2011

between 2008 and 2009 due to the global financial crisis, global oil consumption recovered by 3.1% About one third of this growth came from China, which now uses more than 10% of the world’s oil. of total oil consumption in 2010. of total oil consumption in 2010. After falling 1.5% in 2010 to reach an all-time high of 87.4

Oil

Oil Global Oil-Sands Saudi Arabia

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

DECEMBER 10, 2014

As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. Even as demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040.

Energy

Energy Global 2010 Oil-Sands

State Department releases final environmental impact statement on Keystone XL Pipeline Project; analysis of GHG emissions

Green Car Congress

AUGUST 26, 2011

Comparison of the percent differential for WTW (well-to-wheel) GHGs from gasoline produced from WCSB oil sands using different production processes relative to gasoline produced from reference crudes. The proposed Project is not likely to impact the amount of crude oil produced from the oil sands.

Oil-Sands

Oil-Sands Emissions Oil Oklahoma

Smith School lifecycle study highlights importance for algae-derived biodiesel of co-product utilization and optimizing and decarbonizing every step of the supply chain

Green Car Congress

AUGUST 17, 2011

times as energy intensive as conventional diesel (bottom). times as energy intensive to produce as conventional diesel, which restricts the current financial and environmental feasibility of algae production, according to a new life cycle analysis by a team from the Smith School of Enterprise and the Environment, University of Oxford.

Oil-Sands

Oil-Sands Production Grid Saudi Arabia

BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

Green Car Congress

JANUARY 19, 2011

In both the base-case and a scenario with more aggressive environmental policies, CO 2 emissions from energy use remain well above the IEA 450 scenario. Non-OECD countries are seen to rapidly increase their share of overall energy demand from just over half currently to two-thirds. Click to enlarge. per year.

Energy

Energy Economy Global Oil-Sands

Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

NOVEMBER 6, 2015

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

Oil

Oil Oil-Sands Saudi Arabia Oil Prices

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

Green Car Congress

JUNE 23, 2011

Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Data: California DOGGR. Click to enlarge. Source: Chevron. Click to enlarge.

Chevron

Chevron Oil Oil-Sands Production

US Department of the Interior Offering Second Round of Oil Shale Research and Development Leases; Cuts Potential Commercialization Acreage 87.5%

Green Car Congress

OCTOBER 21, 2009

The US Department of the Interior (DOI) is offering additional opportunities for energy companies to conduct oil shale research, development and demonstration (RD&D) projects on public lands in Colorado, Utah, and Wyoming. The minimum quantity of commercial production to be eligible for conversion is 10,000 bbl/day.

Oil

Oil Commercial Oil-Sands Wyoming

Carbon capture won’t clean up tar sands

Green Cars News

OCTOBER 26, 2009

Carbon capture technology will not solve the climate change threat posed by the expansion of tar sands developments, a damning new report warns today. The production of tar sands oil -also know as oil sands- is a highly energy intensive process and emits on average three times more CO2 than conventional oil production.

Oil-Sands

Oil-Sands Carbon Clean Cleaning

Increase in US rig count will not cap oil prices

Green Car Congress

JUNE 23, 2016

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.

Oil Prices

Oil Prices Oil Price Oil-Sands

EV Driven

ExxonMobil plans five-year investment of $185B to develop new energy supplies; 21 major oil and gas projects to begin production between 2012 and 2014

Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020

Opinion: Who Will Be Left Standing At The End Of The Oil War?

EIA: US importing more crude from Canada, even as total imports falling; 25% of imports in 2011, 28% so far in 2012

IEA says oil supplies may not keep up with demand

Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

WRI: global oil consumption hits all-time high

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

State Department releases final environmental impact statement on Keystone XL Pipeline Project; analysis of GHG emissions

Smith School lifecycle study highlights importance for algae-derived biodiesel of co-product utilization and optimizing and decarbonizing every step of the supply chain

BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

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

US Department of the Interior Offering Second Round of Oil Shale Research and Development Leases; Cuts Potential Commercialization Acreage 87.5%

Carbon capture won’t clean up tar sands

Increase in US rig count will not cap oil prices

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