article thumbnail

Shell signs new offshore upstream deals with CNOOC and CNPC; China and Gabon

Green Car Congress

Shell has signed two offshore oil and gas Production Sharing Contracts (PSCs) with CNOOC, and a PSC amendment with CNPC for a new development phase for the Changbei gas field in China. Shell has also entered an agreement with CNOOC for its participation in two Shell exploration blocks offshore Gabon, West Africa.

Gabon 218
article thumbnail

GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge.

Waste 260
article thumbnail

Cobalt and Total announce significant North Platte deepwater Gulf of Mexico discovery

Green Car Congress

an independent oil exploration and production company focusing on the deepwater US Gulf of Mexico and offshore Angola and Gabon, announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico. Cobalt International Energy, Inc., In the Gulf of Mexico, Total also holds a 33.3%

Mexico 218
article thumbnail

Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008

Green Car Congress

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) crude oil output surged 300,000 barrels per day (b/d) in June, close to an eight-year high of 32.73 If the situation persists, the case for a return to some kind of production cap may gain traction. million b/d in June in order to meet domestic demand.

article thumbnail

Sasol embarking on feasibility study on a US gas-to-liquids facility in Louisiana

Green Car Congress

The project is slated to be the first plant in the US to produce Fischer-Tropsch GTL transportation fuels and other products from natural gas, according to Sasol. High temperature iron, for Secunda fuels and chemicals production. The majority of the scenarios suggest an at least neutral if not positive GHG performance (i.e.

Louisiana 210
article thumbnail

From 2016-2019, > 90% of lithium imported to US came from Argentina and Chile

Green Car Congress

Although use of these minerals is not restricted to battery production for EVs, they are nonetheless important for meeting the increasing demand for EV production. From 2016-2019, more than 90% of the lithium imported to the United States came from Argentina (55%) and Chile (36%).

Chile 445
article thumbnail

Eni reports important new discovery offshore Congo

Green Car Congress

During the production test in the oil interval, the well flowed more than 5,000 barrels of oil per day at 36° API gravity. Eni has been present in Congo since 1968 and today has an equity production of 105,000 barrels of oil per day in the country. billion barrels of oil equivalent in place.

Congo 230