Green Car Congress

JUNE 16, 2021

In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate (WTI).

Oil 243

Oil Global Price Production 243

Green Car Congress

APRIL 14, 2023

bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. Argos is the centerpiece of bp’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. Earlier post.) bp is the operator with 60.5%

Mexico 259

Mexico 2008 Oil Production 259

Green Car Congress

JANUARY 13, 2022

The US Department of Energy (DOE) selected four new projects to receive up to $8.4 million to establish new geothermal energy and heat production from abandoned oil and gas wells. Transitional Energy (Aurora, CO). ICE Thermal Harvesting (Houston, TX). University of Oklahoma (Norman, OK). This program is part of the?Wells

Oil 199

Oil Oklahoma Gas Houston 199

Green Car Congress

JANUARY 4, 2022

Energy prices used in the S&P Goldman Sachs Commodity Index (GSCI) ended 2021 59% higher than the first trading day of the year, according to the US Energy Information Administration (EIA). WTI crude oil makes up the largest share of the overall GSCI at more than 21%. The precious metals index was the only one to decline.

Price 273

Price Energy Oil Gasoline 273

Green Car Congress

FEBRUARY 25, 2022

Electrofuels innovator Infinium ( earlier post ) has entered into a strategic alliance with US independent energy company Denbury to collaborate on developing ultra-low carbon electrofuels projects in the state of Texas. Infinium investors include Amazon, NextEra Energy, Mitsubishi Heavy Industries and AP Ventures.

Carbon 273

Carbon Texas Conversion Mitsubishi 273

Green Car Congress

MAY 29, 2023

and the City of Cushing, Oklahoma announced that Southern Rock Energy Partners, LLC (SREP) has selected Cushing as the site for its 250,000 BPD next-generation, full conversion crude refinery. Cushing is the delivery point for West Texas Intermediate, a blend of US light sweet crude oil streams traded on the New York Mercantile Exchange.

Oklahoma 170

Oklahoma Denver Energy Oil 170

Green Car Congress

DECEMBER 22, 2022

Fulcrum BioEnergy, a clean energy company pioneering the creation of renewable, drop-in transportation fuels from landfill waste, successfully produced a low-carbon synthetic crude oil using landfill waste as a feedstock at its Sierra BioFuels Plant, the world’s first commercial-scale landfill waste-to-fuels plant.

Sierra 221

Sierra Waste Carbon Oil 221

Green Car Congress

NOVEMBER 26, 2015

Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. Goldman Sachs is once again raising the possibility of oil dipping into the $20s per barrel. That spells more pain for the energy sector. by Charles Kennedy of Oilprice.com. According to Graves & Co.,

Texas 150

Texas Oil Oil Prices Mexico 150

Green Car Congress

OCTOBER 15, 2021

billion clean energy complex to be built in Louisiana that will make the state a leader in the US clean energy transition. The network is the largest hydrogen pipeline system in the world, stretching more than 700-miles from Galveston Bay in Texas to New Orleans, Louisiana.

Louisiana 391

Louisiana Hydrogen Clean Cleaning 391

Green Car Congress

NOVEMBER 16, 2016

The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 This estimate is for continuous (unconventional) oil, and consists of undiscovered, technically recoverable resources.

Oil 150

Oil Texas United States Delaware 150

Baua Electric

MARCH 22, 2024

Photo: Enel North America Power-hungry Texas needs solar and battery storage to help meet demand and balance the grid, so its largest utility-scale storage operator is delivering. Texas consumes more energy than any other state, and demand is growing. GW of wind and solar plus over 1 GW of grid-scale storage. Get started here.

Texas 52

Texas Installation Solar North America 52

Green Car Congress

AUGUST 24, 2018

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.

2019 236

2019 Oil Production 2018 236

Green Car Congress

MAY 22, 2019

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “ —Gabriel Collins.

Oil Prices 330

Oil Prices Gasoline-Electric Gasoline Oil 330

Green Car Congress

JUNE 8, 2022

Engineers at the University of Pittsburgh Swanson School of Engineering are using membrane distillation technology to enable drillers to filter and reuse the produced water in the oil and gas industry, in agriculture, and other beneficial uses. The method is already being tested in Texas, North Dakota, and most recently in New Stanton, Pa.

Water 303

Water North Dakota Oil-Sands Engine 303

Green Car Congress

APRIL 25, 2013

The US Department of the Interior will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area. The Gulf of Mexico is a cornerstone of the United States’ energy portfolio.

Oil 240

Oil Texas Obama Gas 240

Green Car Congress

MAY 30, 2018

Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. The Energy Information Administration (EIA) estimates that in the United States from 2008 to 2017, crude oil represented only 61% of the retail price of gasoline. for a 10-day lag.

Oil Prices 220

Oil Prices Gasoline Oil Price 220

Green Car Congress

AUGUST 25, 2020

billion gallons of biodiesel was produced in the United States in 2018 with production in 34 states, according to data from the US Energy Information Administration (EIA). Iowa was the lead producer with 365 million gallons (19%), followed by Texas and Missouri with 227 and 216 million gallons, respectively. A total of 1.9

2018 397

2018 Montana Missouri Iowa 397

Green Car Congress

NOVEMBER 15, 2013

The latest monthly update of estimated crude oil production in the Bakken region of North Dakota and Montana shows total wellhead output topping 1 million barrels of oil per day (bbl/d) next month. The update appears in the most recent issue of the US Energy Information Administration’s Drilling Productivity Report (DPR).

Oil 270

Oil North Dakota Production Montana 270

Green Car Congress

AUGUST 21, 2018

The US port district of Houston-Galveston in Texas recently began exporting more crude oil than it imported for the first time on record, according to the US Energy Information Administration (EIA). In April 2018, crude oil exports from Houston-Galveston surpassed crude oil imports by 15,000 barrels per day (b/d).

Houston 150

Houston Oil United States 2018 150

Green Car Congress

DECEMBER 5, 2014

The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Junk-bond debt in energy has reached $210 billion, which is about 16 percent of the $1.3 Junk-bond debt in energy has reached $210 billion, which is about 16 percent of the $1.3 by Nick Cunningham of Oilprice.com.

Oil Prices 270

Oil Prices Oil Price North Dakota 270

Green Car Congress

MAY 23, 2013

VG Energy, an agricultural biotech company, entered a strategic alliance with DAK Renewable Research to conduct field trials using LipidMax to increase corn oil yield. It is primarily focused on developing viable and cost-effective green energy solutions. All data from the results will be exclusively owned by VG Energy.

South Dakota 186

South Dakota Oil Renewable Energy 186

Green Car Congress

JANUARY 28, 2021

CVR Energy will base a revamp of its Wynnewood, Oklahoma, refinery on Haldor Topsoe’s HydroFlex technology to produce approximately 100 million gallons of renewable diesel and more than 6 million gallons of renewable naphtha per year. —Dave Lamp, CEO & President of CVR Energy. We are very proud that CVR Energy, Inc.

Renewable 221

Renewable Diesel Energy Production 221

Green Car Congress

MAY 25, 2011

A report from MIT and The University of Texas at Austin urges the US to accelerate efforts to pursue carbon capture and storage (CCS) in combination with enhanced oil recovery (EOR), a practice that could increase domestic oil production while significantly curbing emissions of carbon dioxide.

MIT 210

MIT Oil Texas Carbon 210

Green Car Congress

JULY 22, 2011

Summit Power Group, LLC and Blue Strategies, LLC have signed a 15-year CO 2 offtake agreement with Whiting Petroleum Corporation for some of the CO 2 that will be captured by Summit’s Texas Clean Energy Project ( TCEP ), a coal gasification with carbon capture polygen project being developed in Penwell, Texas, outside Odessa.

Coal 186

Coal Texas Oil CO2 186

Green Car Congress

MARCH 18, 2015

Texas is famous the world over for two things on a massive scale: oil and droughts. Now the slick but dry state is becoming famous for water: that precious element that both resolves the drought problem and also makes it possible to pump more oil out of the ground. by James Stafford of Oilprice.com.

Water 150

Water Texas Oil Mexico 150

Green Car Congress

FEBRUARY 1, 2021

Darling and Valero jointly announced that their 50/50 joint venture, Diamond Green Diesel (DGD), has received approval from both companies’ Boards of Directors to proceed with the construction of the renewable diesel production facility to be located at Valero’s Port Arthur, Texas refinery. billion pounds of used cooking oil annually.

Diesel 397

Diesel Renewable Green San Antonio 397

Green Car Congress

FEBRUARY 9, 2018

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. During 2017, proved additions at Upper Zakum in Abu Dhabi totaled more than 800 million barrels of crude oil. Exxon Mobil Corporation added 2.7 Resource Base.

2017 186

2017 Papua New Guinea Oil Guyana 186

Green Car Congress

APRIL 27, 2011

and Energy Transfer Partners, L.P. have agreed to form a 50/50 joint venture to design and construct a crude oil pipeline from Cushing, Oklahoma to Houston, Texas. Over the past three months, Cushing crude oil (West Texas Intermediate) has been trading at an average discount of approximately $12.57

Houston 199

Houston Oil Oil-Sands Energy 199

Green Car Congress

JULY 14, 2023

an experienced developer of carbon capture, utilization and storage (CCS) solutions and enhanced oil recovery. —Dan Ammann, President, ExxonMobil Low Carbon Solutions In addition to Denbury’s carbon capture and storage assets, the acquisition includes Gulf Coast and Rocky Mountain oil and natural gas operations.

Companies 195

Companies Mississippi Carbon Louisiana 195

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

JULY 21, 2012

Billions of barrels of oil may be potentially recoverable from residual oil zones in the US, according to initial findings from a study supported by the US Department of Energy’s Office of Fossil Energy (FE). Residual oil zones (ROZs), are areas of immobile oil found below the oil-water contact of a reservoir.

Oil 210

Oil New Mexico Texas Mexico 210

Green Car Congress

MARCH 19, 2012

US crude oil imports during 2011 fell to their lowest level in twelve years and were down 12% from their peak in 2005, as higher domestic oil production and decreased consumption of petroleum products reduced American refiners’ purchases of foreign crude, according to the US Energy Information Administration (EIA).

Oil 220

Oil 2011 North Dakota 2005 220

Electric Auto Association

JULY 5, 2021

Houston chapter leads toward clean energy in Texas. The outreach efforts of the Houston Electric Auto Association (HEAA), founded 34 years ago in the heart of American oil country, have not always been met with a positive response. “We Texas understands how to set up energy markets, Douglass said.

Oil 98

Oil Houston Golf Cart Aptera 98

Green Car Congress

JULY 27, 2018

BP has agreed to acquire a portfolio of world-class unconventional oil and gas assets from BHP. The acquisition will bring BP extensive oil and gas production and resources in the liquids-rich regions of the Permian and Eagle Ford basins in Texas and in the Haynesville gas basin in Texas and Louisiana. On completion, $5.25

Oil 150

Oil Gas Alaska Delaware 150

Green Car Congress

MARCH 31, 2014

Five states (Texas, North Dakota, California, Alaska, and Oklahoma) and the Gulf of Mexico supplied more than 80%, or 6 million barrels per day, of the crude oil (including lease condensate) produced in the United States in 2013, according to the US Energy Information Administration (EIA). Click to enlarge.

North Dakota 220

North Dakota Mexico Oil Oklahoma 220

Green Car Congress

AUGUST 17, 2023

1PointFive is building Stratos, the world’s largest DAC plant, which is expected to be commercially operational in mid-2025, in Ector County, Texas. Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. Earlier post.) Earlier post.)

Carbon 150

Carbon Engine Companies Texas 150

Green Car Congress

JULY 23, 2012

The US Bureau of Ocean Energy Management (BOEM) will offer more than 20 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area. Earlier post.) Earlier post.)

Oil 225

Oil Texas Available Mexico 225