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

Green Car Congress

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.

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Harvard Study: Oil prices set to fall

Green Cars News

Let’s be honest, our interest in green cars has not only been prompted by our willingness to do more for the environment, but also for our need for affordable driving as petrol prices spiral out of control. However, now a new study by Harvard Kennedy School suggests that may be about to change. It points [.].

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

Green Car Congress

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.

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Perspective: Government Leadership Needed for Electric Vehicles to Succeed

Green Car Congress

The critical need for government leadership in the emergence of electric vehicles dominated a recent Green Fleet Management discussion in Toronto, hosted by Fleet Challenge Ontario. In energy, a momentary signal on the price of oil doesn’t necessarily create the genesis for a 40-year investment.

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Report: US likely to miss biofuel targets

Green Cars News

The report finds that only in an environment with technological breakthroughs, high oil prices and a high implicit or actual carbon price would biofuels be cost competitive with petrol [.].

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Iveco step up production of biomethane-powered vehicle

Green Cars News

Through creating and selling this fuel product, we recover the latent energy stored in material discarded by society, providing power which is particularly suited to vehicles operating in the urban environment. We are particularly pleased with the improvements achieved in air quality when using LBM to displace diesel.

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Bill aims to boost natural gas vehicles

Green Cars News

Speaking at a Press conference Menendez highlighted the problems of 2008 as an indicator of the problems that wild fluctuations in oil prices can cause, as well as the obvious problems that pollutants from dirty fuels cause for the environment.

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