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EIA: US crude oil production will increase to new records in 2023 and 2024

Green Car Congress

In its January 2023 Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that crude oil production in the United States will average 12.4 In 2022, US crude oil production averaged an estimated 11.9 EIA based the forecast on expectations of crude oil prices and infrastructure capacity additions.

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T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

Green Car Congress

Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. C carbon budget.

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Hapag-Lloyd will use advanced biofuels for the transport of DHL shipments

Green Car Congress

Advanced biofuels are based on raw biological materials, such as used cooking oil and other waste products. This material is used to manufacture a fatty acid methyl ester (FAME) (biodiesel), which is then mixed with varying proportions of low sulfur fuel oil. —Danny Smolders, Managing Director Global Sales at Hapag-Lloyd.

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Equinor Energy & Mitsubishi Heavy to collaborate on low-carbon technology to reduce carbon footprint of oil & gas operations

Green Car Congress

The non-exclusive cooperation agreement will see both companies develop and use technology to reduce the carbon footprint of oil & gas operations. MHI has also further developed its advanced-class gas turbines to be capable of utilizing hydrogen, currently at 30%, and ultimately 100%.

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5 Ways To Cut Oil & Gas Use Through Clean Transportation (Video)

CleanTechnica EVs

Oil and gas prices are skyrocketing as a result of Russia’s invasion of Ukraine, with gas prices exceeding $4 a gallon in the United States in March 2022 and more than $10 a gallon in other countries. There’s never been a better time to reduce reliance on fossil fuels.

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Los Alamos-led study finds how to improve natural gas production in shale; hydrocarbon transport within nanopores

Green Car Congress

The most challenging issue facing the shale energy industry is the very low hydrocarbon recovery rates: less than 10% for oil and 20% for gas. Our study yielded new insights into the fundamental mechanisms governing hydrocarbon transport within shale nanopores. Most of US natural gas is hidden deep within shale reservoirs.

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Study finds total greenhouse gas footprint of blue hydrogen “quite high” due to fugitive methane

Green Car Congress

“Blue” hydrogen—produced through steam methane reforming (SMR) of natural gas or coal gasification, but with CO 2 capture and storage—is being described as having low or zero carbon emissions. Carbon dioxide emissions, including emissions from developing, processing, and transporting the fuels, are shown in orange.

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