Environment, Gas, Oil Prices and Resource

IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

Green Car Congress

OCTOBER 2, 2019

Conventional oil and gas discoveries during the past three years are at the lowest levels in seven decades and a significant rebound is not expected, according to a new report by global business information provider IHS Markit. —Keith King, senior advisor at IHS Markit and a lead author of the IHS Markit E&P trends analysis.

Oil

Oil Gas Oil Prices Water

US offshore oil and gas leasing plan for 2017-2022 focuses on Gulf of Mexico, excludes Arctic

Green Car Congress

NOVEMBER 19, 2016

The Proposed Final Program makes available areas containing approximately 70% of the economically recoverable resources in the OCS. The plan focuses lease sales in the best places – those with the highest resource potential, lowest conflict, and established infrastructure – and removes regions that are simply not right to lease.

Mexico

Mexico 2017 Oil Gas

US Shale Is Now Cash Flow Neutral

Green Car Congress

DECEMBER 23, 2016

Oil prices are probably already high enough to spark a rebound in shale production. Even when US oil production hit a peak at 9.7 By the third quarter, oil prices had climbed back to above $40 and traded at around $50 per barrel for some time, replenishing some lost revenue. by Nick Cunningham of Oilprice.com.

Oil Prices

Oil Prices Libya Oil Nigeria

Why Wall Street is throwing billions at the Permian

Green Car Congress

AUGUST 31, 2016

The collapse of oil prices has ground shale drilling to a halt, but the one region where drilling is still active, and even increasing, is in West Texas. Also, Concho Resources announced its decision to pay $1.6 8 article , QEP Resources paid $60,000 an acre to an undisclosed owner in June. As Bloomberg noted in an Aug.

Oil Prices

Oil Prices Oil Fort Worth Texas

BP approves revamped $9B Mad Dog Phase 2 project in the deepwater Gulf of Mexico; down from original $20B cost

Green Car Congress

DECEMBER 4, 2016

BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. Today, the leaner $9-billion project, which also includes capacity for water injection, is projected to be profitable at or below current oil prices. Earlier post.).

Mexico

Mexico Chevron Oil Oil Prices

Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

Green Car Congress

APRIL 1, 2015

Still, with a resource potential both vast and untapped, the nation has never been far from energy investors’ minds. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere.

Argentina

Argentina Oil Oil Prices Environment

ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

Green Car Congress

AUGUST 29, 2016

Kazakhstan, rich in natural resources such as oil, gas, and metal, has huge potential for economic development but infrastructure constraints result in significant travel time and cost, and hinder access to foreign markets.

Kazakhstan

Kazakhstan Connected Connect Transportation

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

Saudi Arabia

Saudi Arabia Oil Production Climate

When Will Russia Run Out Of Oil?

Green Car Congress

APRIL 6, 2017

Russia’s exploration activities, which were hit not only by plummeting oil prices but also by a targeted sanctions regime, suffered a double blow during this period. In 2016, oil and gas companies in Russia discovered 40 prospective fields , however, the 3P reserves of the largest among them, Rosneft’s Nertsetinskoye, amounted to 17.4

Russia

Russia Oil 2016 Oil Prices

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

Green Car Congress

AUGUST 15, 2010

Examples of emerging oil sands related technologies and trade-offs. Debate about the future of oil sands development is so contentious that even the name of the resource is disputed: proponents typically use oil sands while opponents use tar sands. Credit: ACS, Bergerson and Keith. Click to enlarge. Bergerson and Keith.

Oil-Sands

Oil-Sands Oil Emissions Coal

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil

Oil Standards Price Oil Prices

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

FEBRUARY 15, 2012

The KPMG study, “Expect the Unexpected: Building Business Value in a Changing World”, explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. Population Growth: The world population is expected to grow to 8.4

Climate Change

Climate Change Water Climate Global

CFR Report Says Energy Security and Climate Change Concerns With Oil Sands Can be Reconciled

Green Car Congress

MAY 24, 2009

A new report from the Council on Foreign Relations (CFR)— The Canadian Oil Sands: Energy Security vs Climate Change — claims that prudent greenhouse gas regulations can limit emissions from Canadian oil sands while still enabling robust development of the energy resource. Levi, CFR’s David M.

Oil-Sands

Oil-Sands Climate Change Oil Climate

GAO Report Concludes Industry and Government Face Significant Challenges in Meeting RFS Target While Minimizing Unintended Adverse Effects; Suggests Federal Research Give Priority to Non-Ethanol Biofuels

Green Car Congress

OCTOBER 5, 2009

As part of the report, which was requested by Senators Barbara Boxer (as Chair of the Senate Committee on Environment and Public Works) and Susan Collins, the GAO makes several recommendations to Congress and for executive (i.e. Department or Agency-level) action. non-ethanol biofuels. specifies this year. per year for conventional ethanol.

Tax Credit

Tax Credit Industrial Industry Tax

MITEI releases report on Electrification of the Transportation System

Green Car Congress

JANUARY 13, 2011

The transportation sector thus represents a significant fraction of total greenhouse gas (GHG) emissions both globally and in the US—light-duty vehicles (LDVs) are responsible for 17.5% Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility.

Transportation

Transportation MIT Oil Prices Oil

Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

Green Car Congress

DECEMBER 16, 2009

Perspective by Deron Lovaas, Federal Transportation Policy Director, Natural Resources Defense Council. Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. Volatility hurts us too, for as we’ve learned the price of oil can rise sharply in a short period of time.

Oil

Oil Transportation Congress Fuel Economy

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

Green Car Congress

JUNE 23, 2011

the steam required, represented by barrels of water, to produce one barrel of oil) from a peak of almost 8.5 for the first quarter of 2011, according to data from the California Department of Oil, Gas & Geothermal Resources (DOGGR). Worldwide heavy oil reserves by country. Oil production. 75,000 bpd.

Chevron

Chevron Oil Oil-Sands Production

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Green Car Congress

OCTOBER 4, 2011

Given the numerous barriers outlined.the committee judges that the consumption mandate for cellulosic biofuels is not likely to be met by 2022 without substantial improvement in technologies in the next few years and a stable economic and policy environment to encourage accelerated demonstration and deployment of cellulosic biofuels.

Renewable

Renewable Tax Credit Conversion Fuel

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

FEBRUARY 17, 2010

Other findings from the study include: Ethanol policy can have a substantial impact on corn prices. The gap between the intercept of the ethanol supply curve and the oil price creates large deadweight costs that may overwhelm any external benefits. However, production costs of US corn-ethanol are very high. de Gorter and Just.

Tax

Tax CO2 Renewable Standards

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

JANUARY 29, 2014

DNV and GL merged in September 2013 to form DNV GL—the world’s largest ship and offshore classification society, the leading technical advisor to the global oil and gas industry, and a leading expert for the energy value chain including renewables and energy efficiency. Ship electrification and renewables.

Alternative Fuels

Alternative Fuels Fuel Gas-Electric Mariner

Opinion: Busting The “Canadian Bakken” Myth

Green Car Congress

JUNE 12, 2015

It found the “thick and geographically extensive” Canol formation is expected to contain 145 billion barrels of oil, while the “much thinner” Bluefish shale contains 46 billion barrels. shale gas flooding the market, the proposed pipeline, led by Imperial Oil, no longer made sense, so MGM turned its attention to unlocking Arctic shale oil.

Oil-Sands

Oil-Sands Oil North Dakota Oil Prices

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The US moves steadily towards meeting all of its energy needs from domestic resources by 2035. In petrochemicals, the Middle East, China and North America help push up global oil use for feedstocks to 14 mb/d.

Oil

Oil 2013 Energy Emissions

Iveco step up production of biomethane-powered vehicle

Green Cars News

APRIL 27, 2009

Commercial vehicle manufacturer Iveco is gearing-up production of its right-hand drive natural gas powered Daily following the success of a six month trial which saw the vehicle used for recycling and street cleansing operations on behalf of Camden Council. litres/100km.

Power

Power Powered Production Vehicles

Researchers show mixotrophic fermentation process improves carbon conversion, boosting yields and reducing CO2

Green Car Congress

OCTOBER 3, 2016

The production costs for most chemicals via microbial fermentation are currently high compared to oil-derived products primarily because of operating costs associated with feedstock and feedstock processing. Acetogens are anaerobic bacteria, which cannot grow in oxygenated environments. In this study, researchers tested how C.

Conversion

Conversion Carbon CO2 Oil Prices

GSI/UNEP conference report finds fossil-fuel subsidy reform complex and challenges sobering; ~1% of global GDP spent on fossil-fuel subsidies

Green Car Congress

JANUARY 23, 2011

The conference report summarizes the presentations and discussions of the two-day conference and includes a resource list of relevant documents and research reports. For example, at peak oil price in 2008, Indonesia was spending 40% of its budget on transport fuel—more than health, education and infrastructure development combined.

Fuel

Fuel Global 2008 International

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

FEBRUARY 4, 2011

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., Automakers could ramp up PEV production if consumer demand proves to be larger than expected. Early Adopters vs. Mainstream Car Buyers. Environmental Impacts.

Plug-in

Plug-in 2015 Plug Recharge

RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

Green Car Congress

JANUARY 25, 2011

If the US military increases its use of alternative jet and naval fuels that can be produced from coal or various renewable resources, including seed oils, waste oils and algae, there will be no direct benefit to the nation’s armed forces, according to a new RAND Corporation study. ” —James Bartis, lead author.

Alternative Fuels

Alternative Fuels Fuel Energy Coal

The Game-Changing Water Revolution: Interview with Stanley Weiner

Green Car Congress

APRIL 15, 2015

The water revolution is here, according to Stanley Weiner, CEO of STW Resources -a Texas-based company that has the exclusive North American license for Dutch-developed next-generation Salttech desalination technology. What it means for the oil and gas industry. James Stafford: What about the oil and gas industry?

Water

Water Oil Texas Gas

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Cleantech Blog Cleantechblog.com, the premier cleantech site for commentary on news and technology relating to clean tech, greentech, energy, climate change and carbon, and the environment. DE (1) Agricultural offsets (1) Always On Going Green (1) Applied Materials (1) Appropedia (1) Aqua Resources Fund (1) Arnold Schwarzenegger (1) BMWG.F (1)

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

IHS Markit: conventional oil & gas discoveries at lowest levels in 70 years; major rebound unlikely

US offshore oil and gas leasing plan for 2017-2022 focuses on Gulf of Mexico, excludes Arctic

US Shale Is Now Cash Flow Neutral

Why Wall Street is throwing billions at the Permian

BP approves revamped $9B Mad Dog Phase 2 project in the deepwater Gulf of Mexico; down from original $20B cost

Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

When Will Russia Run Out Of Oil?

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

CFR Report Says Energy Security and Climate Change Concerns With Oil Sands Can be Reconciled

GAO Report Concludes Industry and Government Face Significant Challenges in Meeting RFS Target While Minimizing Unintended Adverse Effects; Suggests Federal Research Give Priority to Non-Ethanol Biofuels

MITEI releases report on Electrification of the Transportation System

Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

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

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Opinion: Busting The “Canadian Bakken” Myth

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Iveco step up production of biomethane-powered vehicle

Researchers show mixotrophic fermentation process improves carbon conversion, boosting yields and reducing CO2

GSI/UNEP conference report finds fossil-fuel subsidy reform complex and challenges sobering; ~1% of global GDP spent on fossil-fuel subsidies

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

The Game-Changing Water Revolution: Interview with Stanley Weiner

Cleantech Blog: Smart Grids and Electric Vehicles

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