Remove Gas Remove Oil Remove South America Remove Water
article thumbnail

China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

Green Car Congress

CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. billion cash. The price represents a premium of.

Oil-Sands 325
article thumbnail

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Green Car Congress

ExxonMobil Corporation announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. billion recoverable oil-equivalent barrels. Wood Mackenzie currently expects around 350,000-400,000 b/d of oil production (just oil, not factoring in natural gas) by 2026 from there.

Guyana 150
article thumbnail

U Calgary study finds oil shale most energy intensive upgraded fuel followed by in-situ-produced bitumen from oil sands

Green Car Congress

A team at the University of Calgary (Canada) has compared the energy intensities and lifecycle GHG emissions of unconventional oils (oil sands and oil shale) alongside shale gas, coal, lignite, wood and conventional oil and gas. How does this relate to the life cycle greenhouse gas (GHG) emissions intensity?

Oil-Sands 150
article thumbnail

Study finds methane emissions from coal mines ~50% higher than previously thought

Green Car Congress

In addition to coal mining, other major sources of methane emissions globally include wetlands, agriculture, and oil and gas facilities. Kholod said that when a closed mine is flooded, water stops methane from leaking almost completely within about seven years.

Coal 321
article thumbnail

ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

article thumbnail

Petrobras starts production from South America’s first tension leg wellhead platform

Green Car Congress

Moored in waters 1,200 m (3,937 feet) deep, the P-61 completes the production system for the Papa Terra field, operating alongside the P-63 FPSO (floating production storage and offloading), commissioned on 11 November 2013. Tension leg platforms (TLPs) are buoyant production facilities vertically moored to the seafloor by tendons.

article thumbnail

Statoil, Repsol Sinopec and Petrobras confirm high-impact deepwater discovery offshore Brazil

Green Car Congress

Statoil defines a high-impact well as offering a total of more than 250 million barrels of oil equivalent (boe), or 100 million boe net to Statoil. The well, which is being drilled by the Stena DrillMAX drillship, is located some 195 kilometers (121 miles) offshore Rio de Janeiro State in 2,800 meters (9,186 feet) of water.

Brazil 199